Bring out the hidden assets in your business
You may be wondering what are these ‘hidden’ assets in a business are. In my earlier blog, we discussed people being probably the most important asset of any company. Now the question is can assets be ‘hidden’? If yes, how to uncover such ‘hidden’ assets?
Wikipedia defines assets as follows: an asset is any resource owned by the business. Anything tangible or intangible that can be owned or controlled to produce value and that is held by a company to produce positive economic value.
Some of the investors have been very good at identifying the ‘hidden’ assets of a company and investing in such companies. For example, some of the companies may be sitting on a lot of real estates, bought decades earlier but not being utilized.
In the case of employees, when we consider them as assets, what could be the ‘hidden’ asset? Every employee is supposed to work for approximately 8+ hours in a company. It could go higher depending on the position etc. But let’s go with this for now.
Research* says an average worker works for approx 3 hours in an 8 hour day. Which means a whopping loss of 62.5%. Now, this asset is available for everyone to put to proper use. How do you do it?
Would you like to learn how you can uncover hidden assets in your business? Try CashOS
Please reach out to us at info@CashOS.com
Founder & CEO
Written on 22nd November 2018