Question

what is goodwill?character sticks of goodwill? and how to find goodwill?​

Answer 1

Explanation:

To put it simply, commercial goodwill is the various advantages and benefits associated with having a strong name, reputation and connection with other companies and organizations operating within your industry.

It is something which, over time, pulls in new customers and helps you remain competitive—it enables you to distinguish yourself as an established and trusted firm, something which new companies struggle with in the beginning.

Any intangible attribute which contributes in the long-term to a company’s earning potential can be described as goodwill.

Answer 2

Answer:

• Goodwill is basically the reputation of the company measured in terms of money. 1) It is an intangible asset as it connot be seen or touched but it's presence can be felt. 3) It cannot be sold solely as it cannot be separated from the business. 4) The value of goodwill fluctuates frequently.