Business letter 2 Essay Example | Topics and Well Written Essays - 250 words

Business letter 2 - Essay ExampleA little reflection give show that there are a couple of reasons for this. One is that Emergent Technologies has developed a unmatched procedure for the mass storage of information via its SuperDisc. As you know the secure and copyright for this invention has been craft with the US Patent Office for some time now, and it is only a matter of weeks before the patent will be registered in the name of your conjunction. This alone is sufficient to increase the value of net assets by $500,000. Another thing to be considered is your excellent business reputation over ten years of business. Your company and its products are well-known and have considerable goodwill among the business community. According to Meigs and Meigs (1993 p 474), goodwill nooky result because of owner or product reputation, leading to extra sales and business contacts in the marketplace. In the event of a sellout, the new buyer will gain from this goodwill that you had earned and accordingly, you can lop for an evaluation of goodwill and even record it on the books before making the sale. A conservative pass judgment by us looking at industry standards puts the value of Goodwill at $500,000 for your business at this point.