what is the meaning of goodwill of the company? - Letsdiskuss
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Vanisha Anand

Vanisha Anand

Student | Posted 07 May, 2021 |

what is the meaning of goodwill of the company?

Rashmi Choudhary

Rashmi Choudhary

Student | Posted 08 May, 2021

Goodwill is someone who comes to purchase one company from another. Whenever goodwill comes the reason can be anything may be the value of a company's brand name or it may be because of the customer's good relation or may be a solid base of customers. There were many reasons why goodwill exists. Business goodwill adds value to the company or we can say that it is an industry's profit multiplier.