Goodwill – share
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Tagged: Goodwill
If I sell my 50% shares to my business partner, who will carry on the business alone, can I claim for part of goodwill, when we determine the value of my share? We built the business together from day one. Some people say I can’t claim it, others say I can. It’s unclear.
Yes, the goodwill generated by building the business will, or should, be factored into the sale price you agree for your shares.
Thank you for your help