Many of you might know me from my days at Knewron Technologies. When I sold that company five years ago, it was a mixed experience. But one critical insight that I have gotten from that transaction remains a big one to this date with me. I realised I could have gotten a better value from it, only if I had built enough assets. It wasn't just my realisation, the buyers hinted at that too.
The point is income always follows assets. And that means, if you are intending to increase the value or valuation of your business, if you are intending to increase cash-flow in business, then having enough appropriate assets is going to be the key.
What's an asset?
In plain simple dictionary terms, an asset is something that is owned by a business, has value, and can be used to generate income or provide future economic benefits.
Assets can be tangible, such as property, equipment, tools, inventory, etc, or intangible, such as patents, designs, trademarks, copyrights, goodwill, investments, and so on.
Tangible assets are easier to recognise, understand, and evaluate. However, intangible assets are often difficult to under- stand and so to evaluate. Nonetheless, many of us can recognise them easily.
Assets are important to businesses because they can be used to generate income, support operations, and provide value to the business. When it comes down to the assessment of their value or cash flow by the bank or investors, assets play a crucial role. They become a key factor in determining the right value of a business.
Especially for small businesses or startups, assets are like a lifeline. Assets being one of the most important things, founders, entrepreneurs, and business owners must pay attention to creating them.
Startups and small businesses
この記事は Electronics For You の February 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Electronics For You の February 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Wearable Automatic ASSISTANCE GLOVE
This proposed prototype works by wearing the glove and either touching a specific finger with the thumb or pressing a special switch.
BLUETOOTH CONTROL Through Mobile
Creating a Bluetooth-controlled device with an Arduino Uno and an HC-05 Bluetooth module enables control of lights or even relays to manage AC appliances wirelessly using an Android smartphone.
Raspberry-Pi Based WAVEFORM GENERATOR
A waveform generator is a commonly used test and measurement instrument in electronics laboratories.
World's Smallest Programable INDUSPHONE DESIGN
Smartphones have become a necessity in daily life.
AUTOMATIC WIPER CONTROL For Three/Four Wheelers
The integration of a 555 timer and L293D motor driver in an automatic wiper control device presents a practical and efficient solution for enhancing driver safety and convenience.
EMS Vs Components Manufacturing: EMPLOYMENT IN ELECTRONICS INDUSTRY OF INDIA
A recent article in a leading business newspaper reported that industry executives, during a government meeting, had suggested that EMS firms create more employment than electronics component manufacturers-for every rupee invested. To verify this claim, a review was conducted with both component manufacturers and EMS firms, as well as several trade associations.
Why Did Rajguru Electronics, A Leading Distributor Of Components And Development Boards, Enter Manufacturing?
After nearly three decades in distribution, Rajguru Electronics pivoted to manufacturing, setting up a unit for its ADIY subsidiary in Bengaluru. EFY's Yashasvini Razdan interviewed CEO Dileep Jain to explore the reasons behind the shift and the company's growth strategy.
"We Are Building FUTURE ENTREPRENEURS With Drone Assembly And Maintenance Training"
AVPL is creating village-level entrepreneurs and jobs through drone technology and agriculture training. In an interview with EFY's Nitisha, Co-founder and Chairman Preet Sandhu discloses how their 70 centres across 12 states offer offline courses in RPC and agricultural spraying.
"Becoming CLEAR"
From a nonchalant teenager to authoring a book on Verilog at 25 and launching successful IPOs for startups on the US stock market, Rajeev Madhavan exemplifies how the right guidance can transform a life. This is the story of one of Silicon Valley's most influential venture capitalists, as narrated to Yashasvini Razdan.
THINKRAW INDIA'S SOLAR SOLUTIONS FOR THE AGRICULTURAL SECTOR
ThinkRaw's blend of technology and tradition is revolutionising agriculture with solar-powered solutions that enhance efficiency and sustainability in farming and aquaculture.