When SME’s (small, medium enterprises) sell and/or transfer their business, the intangible assets they have developed and/or acquired routinely go unrecognized or are poorly factored in exit and/or transfer transactions.
‘Creative industries’ are (typrically) broadly comprised of small, medium enterprises (SME’s) that share a commonality of consistently engaging in imaginative, forward looking – forward thinking activities and, therefore are frequently embedded with intangible assets.
Intangible assets are relevant to SME’s (small medium enterprises) the most dominant of which is that a significant percentage (perhaps 80+%) of SME’s are service sector firms more likely to be grounded in – dependant upon intangible assets,
Company’s dependant upon (their) intangibles and routinely find them in play as important elements to business growth and/or business transactions, would be well advised to keep abreast of current (insider threat) research with an ‘eye’ for fine tuning and/or updating (their) best practice defenses.
The business (transaction, innovation) landscape is no longer shaped by the flow of physical goods and services, rather by the development and flow (buying, selling, trading, merging, exchanging, etc.) of intangible assets.
Quality, relevant, and transferrable intangible assets favorably affect a company’s value and can be legitmately exploited to elevate its attractivity to prospective buyers.