write any four factors affecting the value of Goodwill
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(1) Location, (2) Time, (3) Nature of Business, (4) Capital Required (5) Trend of Profit, (6) Efficiency of Management, and (7) Others.
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Factors Affecting the Value of Goodwill (7 Factors)
Locational Factor: If the firm is centrally located or located in a very prominent place, it can attract, more customers resulting in an increase in turnover. ...
Time Factor: ...
Nature of Business: ...
Capital Required: ...
Trend of Profit: ...
Efficiency of Management: ...
Other Factors:
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