What's in an asset

What’s In an Asset?

Intangible Assets 101

Your business has many assets, or things that hold value. Profit is an asset, as is real estate that you own, company cars, and other resources. These are all easily seen and identified.

Some assets in a business cannot be seen-those are known as intangible assets

Intangible Assets Resources that add value to the business organization that might not be visible or easily identfified.

Intangible Assets ● Trademarks, copyright, noncompete agreements ● Customer lists, relationships ● Artistic works: books, music, pictures, movies, television shows ● Patents, licenses, trade secrets, intellectual property

Intangible Assets: Categories Intangible assets are generally lumped into the following categories: ● ● ● ● ●

Contract-based assets Artistic-related assets Customer-related assets Marketing assets Trade secrets/Intellectual property

Determining Value Tangible assets are easy to value

Intangible assets take a little more investigation. Determining the value of a non-physical entity can be a challenge.

Determining Value Intangible assets are important to the overall value of your business.

Without accurate valuation, you could be wrong about your entire business’s worth.

Determining Value The best option is to utilize professional consulting services.

Consultants know all about business valuation, including how to determine values for intangibles.

It’s hard to put a price on a concept or idea, but it is necessary to get an accurate picture of business value and to ensure that an organization is aware of what it is worth.

To learn more about business valuation & assets. Visit the given link: www.cbs-cbs.com/business-valuation-services www.cbs-cbs.com/ www.youtube.com/user/cbsadvisers www.pinterest.com/cbsadvisers/