How to Ensure Business Growth by Managing Your Assets Effectively | Entrepreneur
Briefly

Intangible assets, such as intellectual property and information, are dynamic entities that evolve throughout their lifecycle, making it crucial for businesses to maintain them effectively.
In the digital age, knowledge-based small and medium enterprises drive economies by leveraging their intangible assets, underscoring the need for systematic management to maximize profit.
The relationship between a business objective and its enabling assets is direct; as the objective utilizes assets more, asset value increases, but misalignment can lead to inefficiencies.
ISO 55001 offers a framework for organizations to strategically manage intangible assets, ensuring they align with business objectives and support long-term success.
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