Assets & Liabilities
Most business owners soon learn the differAssets & Liabilitiesence between Assets and Liabilities. This understanding is fundamental to commercial success. Quite simply if your financial assets outweigh your financial liabilities, then you are on the road to success. There are clearly many other factors to take into account when assessing a company, but surely this is a good starting point?
If you agree, then have you ever considered examining the other elements within your own
organisation to determine which column they may fall into – an Asset or a Liability? For example, consider your customers.