With the aim of persuading small and medium-sized companies to make good use of the credits they incur, the expert and consultant of the firm Levin Global, José Luis Becerra, advised that the fundamental axis is to improve the management of assets.
The financial analyst explained that one of the most important factors is that companies know their structure thoroughly and detect where in their assets the value of their company is, as described by the Mexican magazine El economista.
According to Becerra, this can be achieved by making comparisons with other companies that are in the same area and thus identify specific issues such as the levels of cash that the company needs to operate, fixed assets, among other elements.
The expert also recommended that it is important to take into account the intangible assets that the company owns, as they are part of the competitive advantages. These assets are evident in the brands that the company generated, the good relationships with customers, the workforce, the software designed, new licenses, etc. It is also important to determine the value of these intangibles in the commercial market.
"Many times companies have intangible assets of great value, which are not even registered within the balance sheet and therefore, the operational profitability of them is not detected. These intangible assets give value to the company and could be used as support for financial institutions when granting loans to SMEs," Becerra said.
The consultant pointed out that it is mistakenly believed that a company is worth the amount of fixed asset it manages; assured that a correct management of assets coupled with the detection of intangible assets, gives a plus in value among companies in the same industry with similar levels of fixed assets, the publication concluded.
