6 Main Categories of Business Inventory That Make a Business More Valuable

We have found that there are 6 main categories of business inventory that make a business sellable and transferable:

1) The People – This includes the customers, employees, contractors, and vendors.

2) The Processes – This includes the methods, systems, and procedures that keep the business running on a daily basis.

3) The Physical Assets – This includes the equipment, inventory, real estate, and other physical assets of the business.

4) The Intellectual Property – This includes the trademarks, copyrights, patents, and other intellectual property of the business.

5) The Brand – This includes the reputation, name recognition, and good will associated with the business.

6) The Cash Flow – This is the lifeblood of any business and is what makes it possible for the business to continue operating after the sale.

If you want to make your business sellable and transferable, you need to have all 6 of these categories of inventory in place.

The first step is to take an inventory of what you have in each category. Then you can start working on filling any gaps that you may have.

We hope this helps give you a better understanding of the types of things that you need to consider when making your business transferable.