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How much value is tied up in your clients' intangible assets?
SOLLOMON VALUATIONS
We were interested in working with Inngot because we know that many businesses are considering ways to derive greater financial benefit from their intangible assets. While a value indication of this nature cannot replicate individual expert analysis, it represents a significant advance on other online methods available. At the very least, it provides a consistent starting point for discussions."
Mike Thornton
Partner, Valuations, Grant Thornton UK LLP
www.gtuk.com
Accounting for Intangible Assets
Experts have long recognised that one of the greatest sources of an innovative company's value is seldom adequately recognised on its balance sheet. Difficulties in accounting for intellectual assets and IPR lead to an understatement of value that makes it difficult for knowledge-based businesses to secure the finance they need to grow.
Read more about valuation in the ACCA's report on SME intangibles.
Inngot addresses this problem by making these formerly "hidden" assets visible, and providing a quick and convenient mechanism to value them. Its Sollomon methodology, developed with specialist input from Grant Thornton UK LLP, enables value to be estimated, updated, and shared with a variety of stakeholders.
Registered Inngot users can set up financial advisers as additional contacts, to create and monitor valuations and to keep their records up-to-date so that the benefit is maximised.
IP Law Firms
Registering client assets on Inngot serves an important function by publicly asserting their ownership. This delivers all the time-stamping and evidence benefits of alternative copyright registers, but enables the client to exploit their knowledge by explaining and promoting it to potential customers, partners, licensees and acquirers at the same time.
Inngot is a secure environment where all users are registered, and all searches and enquiries are tracked. Should an infringement be suspected, Inngot's records can provide positive evidence to show whether an offending party has knowledge of the relevant registration.
Inngot members can set up their legal advisers as additional contacts, to help them monitor their IP status, conduct competitor research and investigate possible breaches.
If you provide professional services to innovative businesses, Inngot represents a valuable new resource for you and your customers.
If you would like to encourage your clients to take advantage of Inngot membership, preferential terms may be available. Please contact us to discuss your requirements.
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