Wednesday, June 2, 2021

When do I get more Goodwill?

 

Zafer is working hard, where is the Goodwill going?

Zafer emailed me to say that the business he bought is doing better, so why does the goodwill on his balance sheet keep going down?

Should it not be going up?

It all has to do with accounting rules and something called conservatism.

I explore that and also answer how the Goodwill got onto the balance sheet in this week’s video: https://youtu.be/Q6TQF1NZ58w

Learn how to buy an already-successful and profitable business in a risk-reduced way even in the covid-recession https://www.BusinessBuyerAdvantage.com

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