TT Ep 94 - Goodwill’s Role in Your Transition

14/11/2023 33 min
TT Ep 94 - Goodwill’s Role in Your Transition

Listen "TT Ep 94 - Goodwill’s Role in Your Transition"

Episode Synopsis

Not only is goodwill a large contributing factor to the overall practice value, but because it’s intangible, the handoff between the buyer and seller isn’t as simple as handing over the keys. Yet, it has to be addressed. In this episode, Christy and Charles discuss why goodwill matters, when it’s worth more or less, what sellers may be expected to do to transition goodwill, what buyers can reasonably ask for and ways a buyer and seller can tarnish goodwill.