anyone know anything about selling a business rgards to goodwill value? - HotUKDeals
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anyone know anything about selling a business rgards to goodwill value?

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as above, does anyone know much about calculating a value of a business when its offered as a payment of goodwill? Read More
carol123 Avatar
8y, 1m agoPosted 8 years, 1 month ago
as above, does anyone know much about calculating a value of a business when its offered as a payment of goodwill?
carol123 Avatar
8y, 1m agoPosted 8 years, 1 month ago
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1 Like #1
Speak to your accountant and he should be able to advise you on it, most have had dealings valueing businesses
#2
I am my own accountant :) I'll make phone calls tomorrow, but i was just wondering if anyone had experience of this as my head is working overtime !!
1 Like #3
Generally speaking, goodwill can be seen as the cost of building up the company to its present state. For example, how much would it cost for a new owner to build up the customer base? How much of your trade is as a result of the reputation that you have built up?

There's no set formula, and every case is down to how hard you can barter with the potential new owner (& how hard a bargain he can drive!).
#4
how hard a bargain he can drive is prob the best wording as i feel he's def out for a bargain!! Typically I cant speak to anyone about this today since it being the holidays so shall need to wait till Tuesday!! Arrghhh!!!

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