20 books
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7 voters
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BAV - Business As Value
A business in which the business itself is the primary store of value, with value accumulating across assets such as brand, customers, distribution, systems, contracts, recurring revenue, intellectual property, data, relationships, infrastructure, talent, and market position.
Test: If the product disappeared, would the business still be valuable?
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BAAP - Business As A Product
A business intentionally designed, developed, and positioned as a product or asset in itself, capable of being acquired, sold, financed, licensed, franchised, spun out, or integrated into another organization.
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