Professional Practice – When it pays to be the worst performing partner
Posted On: 16th November 2020
Most businesses are valued on an earnings basis, and as you might expect, in general the more a business earns the more a business is worth. In simple terms if a business is worth more on an earnings basis than a net assets basis then the difference between the value of the business and the value of the net assets is known as the goodwill.
Most businesses are valued on an earnings basis, and as you might expect, in general the more a business earns the more a business is worth.
In simple terms if a business is worth more on an earnings basis than a net assets basis then the difference between the value of the business and the value of the net assets is known as the goodwill.
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