By far the biggest part of the purchase price of a small family business is goodwill. So it is vitally important to a buyer to have knowledge and understanding of just what goodwill is and how to place a value on it.
This is the third in a series of articles on valuing goodwill and discusses [...]

August 23rd, 2009 | Tags: assessing risk, business valuations, buying a business, buying a job, checking out a business, components of goodwill, definition of goodwill, diy business valuations, due diligence on a small business, future expected profits, goodwill valuation, how to buy a business, how to value a business, industry risk levels, price revenue multiple, rules of thumb, sellers discretionary earnings, small business risk, tips on buying a business, valuing franchises, valuing goodwill in a small business | Category: articles | Leave a comment