Tags » Business Goodwill

Trying To Keep Financial Records In A Partnership: Business Accounting Fundamentals

Each time a firm participates in a partnership, business records needs to be kept organised, separate, and also accurate. Although 2 companies have come together to enhance operations, broaden their offerings, as well as combine their intellectual capitals, it is still a wise idea to keep the financial records and also bank accounts separate to prevent almost any problems when it’s time to… 403 more words

The Shamrock Shake Incident And A Good Deal Gone Bad

I have some business lessons to share from two recent events that occurred in my life.  Perhaps you will find some value from my misadventure.  The two events are unrelated but occurred within 10 days of each other and have stuck in my craw. 676 more words

Business

What is Business Goodwill?

As a business broker I’m often asked about business goodwill.

There appears to be a bit of confusion about the term.

It’s fairly simple.  Goodwill is an intangible asset of an ongoing business.  428 more words

Buying Or Selling A Business