News & Updates

News & Updates

News & Updates

October 31, 2019

Personal Goodwill: It’s Important

A few things that are important to know about the value that a business owner brings to his/her business:

  •  It is quantifiable.
  •  Its value can be determined.
  •  In most circumstances, it is not divisible.

It is therefore a critical component of most valuations involving a divorce or a business partnership separation, to be able to quantify the amount of personal goodwill present; depending on the dynamics of the specific situation, it can sometimes be a bigger factor than the value of the business itself.

A few thoughts:

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