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Posted by Jerry Bank on February 6, 2007, 9:20 pm
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I sold a very small business for $10,000. There were a few
tangible assests, amounting to perhaps $800. The rest
consisted of: a mailing list that I had created the computer
programs I had written to operate the clerical parts of the
business the name of the organization, its format and
goodwill.
I have no idea how to estimate the cost basis other than
that of the tangible assets. Does anyone have an idea of
what I should do, or where I can get the information I need.
Thank you.
--
Jerry Bank
Trenton, New Jersey
Music is the language of the gods.
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