How does my family members manage her intangible assets

Think of and subjective, It is hard to be considered and protect as it can not be touch. For example are your right, customer relationship, performance events, musical work and pictures. Only some might knows how to protect and manage this kind of asset.

 For my mom, she has a furniture store which she registered a trademark to protect her asset. She has quite number of customers and long lasting customer relationship. She always takes care of her customer very well as well as response to customer need and want. Not only she mange customer relationship very well but also she manage her relationship with the employee. Every New year both Thai and Chinese, she will bring employee and worker to celebrate at the restaurant. In addition, she also give a hand to employee’s family when they are in need.

For intangible asset on accounting, my dad and mom will hire accountant to responsible to record the transaction that occur every month. There are amortization from loan of land and apartment

Alongside this intangible asset, skilled and knowledge of employee are being managed by on the job training. It is hard to identify and quantify.