The simulation model counts with three kinds of intangible assets, the Corporate Knowhow , the Corporate Image and the Competence of the Personnel . Their counterpart on the finance side is mostly an invisible equity . Since banks are unwilling to lend money to investments in intangible assets, most of the business development is self-financed. There are few machines except the employees, the key people. The members of the personnel thus make up the problem solving Competence .
People tend to feel a certain amount of loyalty if treated with honesty.
Therefore, competence has a value also for the company, even if it is not owned in an ordinary sense. The company therefore often agrees to pay an amount of money in case of redundancy. This obligation is not entered into the books but is a kind of obligation . One might compare it with the obligation of a lease contract. This unpaid obligation is an invisible finance too.