Planning for Intangible Assets Succession planning has always been central to protecting the continuity and value of a business. In Belize, where family-owned enterprises and international companies alike contribute significantly to the economy, the process of passing ownership and leadership to the next generation is becoming more complex. Traditionally, succession planning in Belize focused on tangible assets—real estate, machinery, inventory or established contracts. Today, however, the digital transformation of business means that many of the most valuable assets are no longer physical at all.
The Rise of Digital Assets in Belizean Businesses From Belize City retail brands selling through e-commerce platforms, to tourism operators relying on online booking engines, to professional firms managing client databases—the digital backbone of a business now drives its value. Key digital assets may include: • Domain names and websites • E-commerce platforms and payment gateways • Social media accounts and digital branding • Proprietary software, algorithms, or customer databases • Cloud storage, hosting arrangements, and CRM systems These assets can be just as valuable as a property portfolio but they are far harder to measure, transfer, and protect without careful planning.
You need to know now and act to be able to take advantage of the changes.