
I heard a statistic a little while ago that in the 1970s, something like 80% of corporate assets were tangibles (inventory, machinery, real estate, etc.),but that as long ago as in the late 90s, about 75% of all corporate assets were intangibles (trademarks, copyrights, patents, trade secrets, etc.). So what does this mean for you? Well, it means that if you are relying on your tangibles to be the primary means of making money then you need to rethink your strategy. This can seem like a daunting task, so let me suggest where to start: Your … [Read more...]
