The fact that intangible assets are lacking in intrinsic value or material being makes it difficult to pinpoint their value, yet such assets often play an important role in the value of a business. Many businesses have intangible assets, and no list could ever be complete because intangibles can be unique to a specific business. Some, however, are fairly common and can be found in many businesses.
Lists can be especially valuable to a business if the relationships they represent are ongoing.
Consider, for example, a magazine s list of advertisers. Therefore, the list is critical to the magazine's future profitability. Beneficial Contracts Long-term contracts can add value to a company. Or it may have a contract that allows it to purchase or lease items at a below-market rate. Copyrights Copyrights are trickier to value than patents because, while they may have a long legal life, their practical value may only be for a short period.