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Goodwill – share

Tagged: Goodwill

This topic has 2 replies, 2 voices, and was last updated 2 years, 1 month ago by kultikabakelit.

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November 28, 2019 at 10:52 am #12724

kultikabakelit
Participant

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.

November 28, 2019 at 11:04 am #12725

Jonathan Lea
Keymaster

Yes, the goodwill generated by building the business will, or should, be factored into the sale price you agree for your shares.

November 29, 2019 at 8:22 pm #12784

kultikabakelit
Participant

Thank you for your help
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