Immaterial Values in Business Management

Written by Stephan Szugat


Continued from page 1

One day from these immaterial profitsrepparttar financial profit arises. That'srepparttar 143454 theory. Propably you already read about this, but have you found a way to measure immaterial values of your business? It's not that difficult, but it needs some thoughts. First of all it is important to make a list of immaterial values which haverepparttar 143455 most impact onrepparttar 143456 business development. When this has been finished, methods to measure and valuaterepparttar 143457 immaterial values have to be found.

And at last,repparttar 143458 values for allrepparttar 143459 selected immaterial items have to be analysed regularly. Setting up such a Reporting System for immaterial values could be a long lasting task. You might try to do it with a spreadsheet program or with a database, but either way will take it's time. Using ready made Standard Software might be another option, but there are not much choices. In case you userepparttar 143460 Balance Scorecard, you might think having allrepparttar 143461 data mentioned above and you might think having a good solution for analysation.

The Balance Scorecard has it's advantages, but for a short, fast and regular analysis of immaterial values it is far to complex and much to slow. There is justrepparttar 143462 need to measure, store and analyse some data. About 30 items will be enough to have an overview of immaterial values and some material values as well. Most ofrepparttar 143463 necessary data are usually already stored in every business. They only need to be concentrated into one table and have to be analysed.

Are immaterial values important for every business? Yes. This includes big businesses as well asrepparttar 143464 one-man-business, retail stores, mechanics, freelancer and so on. You may find more information on immaterial values in business management, when searching for Early-Warning-System, Early-Recognition-Sytems and something similar. You are able to find one orrepparttar 143465 other immaterial value included in Management Methods, Ratio Systems and Financial Analysis. But still, most Reports and Measurement System are based on financial data.

A Solution which every business, no matter of size, could use, isrepparttar 143466 abenetis ERS (Early-Recognition-System). It is called Early- Recognition-System, because withrepparttar 143467 used immaterial values every business could be aware of tendencies in it's business development soon. Atrepparttar 143468 momentrepparttar 143469 abenetis ERS is available only as Online-Service, but could soon be delivered as Intranet- Version, too. More details are available at our ERS-Subscription Page. ------------------ ARTICLE END ------------------

Stephan Szugat is founder of abenetis a web-based service about Business Management Solutions focusing on the core needs of business management. He has approx. 15 years experience in the Finance and Accounting Area from companies of different size and from various industries. http://www.abenetis.com


Angel Investors: Who They Are & When Are They Appropriate

Written by Dave Lavinsky


Continued from page 1

In identifying and attracting an angel investor, companies should seek angel groups that are located in their region. For instance,repparttar Tech Coast Angels have funded over 85 Southern California-based companies since 1997. When seeking individual angel investors, it is critical to network in order to create a personal connection between yourself andrepparttar 143453 angel. Also, ideallyrepparttar 143454 individual has experience within your specific field so he/she can provide industry contacts and operational expertise in addition to capital.

Growthink Business Plans has developed over 200 business plans for clients have collectively raised over $750 million in financing, launched numerous new product and service lines and gained competitive advantage and market share. For more information go to http://www.growthink.com


    <Back to Page 1
 
ImproveHomeLife.com © 2005
Terms of Use