Worked example. A $450,000 purchase price with $40,000 of inventory, $110,000 of equipment and fixtures, $30,000 of leasehold improvements and a $20,000 non-competition covenant leaves about $250,000 for goodwill.
Where this is used
In this centreShould I buy the assets or the shares of the business?In this centreHow is a business purchase financed, and what will the lender need?In this centreWhich licences, permits and tax accounts transfer when I buy a business?In this centreWhat happens on closing day, and in the weeks after?
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