What is the value of a fully registered Quality Manual?

[dv8shane]

Good day,

I am trying to place a value to sell the Quality Manual and procedures I authored to my limited company. I own the copyrights. The company achieved AS9100B and ISO9001:2008 and the manual and calibration procedures are also fully 17025 compliant. There are approximately 500 calibration procedures with validation and a full 3 level manual. Any thoughts will be appreciated.

Shane

 

[Stijloor]

Re: What is the value of a fully registered Quality Manual

You can browse the 'net and see what others are charging.

Stijloor.

 

[dv8shane]

Re: What is the value of a fully registered Quality Manual

You can browse the 'net and see what others are charging.

Stijloor.

The problem is there is only one other company I know of in North America that is AS9100B 9001:2008 and 17025E. It is truly a custom manual, and you could not buy it off the shelf

 

[Stijloor]

Re: What is the value of a fully registered Quality Manual

The problem is there is only one other company I know of in North America that is AS9100B 9001:2008 and 17025E. It is truly a custom manual, and you could not buy it off the shelf

Yes, but you need to compare to see where the value is at. You can over-price,or worse, undervalue. Let's see what others are saying. Just be cautious; The Cove is not for advertising or selling...

Stijloor.

 

[howste]

In my opinion, the quality manual will not be worth much to other organizations. This is mainly because it's written for your system, not theirs. I would never take a manual as-is and use it for another company. The fact that there are limited companies with both AS9100 and ISO 17025 (I can only think of one), also means there will be a limited market for it. Do you have a company that wants to buy it?

The calibration procedures would probably be worth more. The value really depends on what someone is willing to pay for them.

 

[dv8shane]

I think you missed the point.so let me clarify.

I wish to sell it to my company. I want to know what do other people think it would cost to bring in an outside firm to do something like this

 

[Marc]

If you're filing a schedule C and want to claim it on your taxes you'll lose $ since you own the company (assuming the company is an LLC or S Corp or something). You will have to pay self employment taxes is you file a schedule C.

 

[Jim Wynne]

Good day,

I am trying to place a value to sell the Quality Manual and procedures I authored to my limited company. I own the copyrights. The company achieved AS9100B and ISO9001:2008 and the manual and calibration procedures are also fully 17025 compliant. There are approximately 500 calibration procedures with validation and a full 3 level manual. Any thoughts will be appreciated.

Shane

I don't think you're going find many "comparables." I don't understand what you mean by "my limited company." Is this a company you work for? If you did this work on their time, you might be wrong about who owns the rights, but again I might be misunderstanding the situation. In the end, the value of anything is dependent on what someone is willing to pay for it.

 

[dv8shane]

If you're filing a schedule C and want to claim it on your taxes you'll lose $ since you own the company (assuming the company is an LLC or S Corp or something). You will have to pay self employment taxes is you file a schedule C.

Here in Canada, we have a capital gains tax exemption so if I sell it to the company I can claim it as capital gains, the company owns it and depreciates it accordingly. I am not considered an employee and live on dividends generated from the company's profit. The tax rate on dividends is about half the personal rate and they allow around $40k before personal taxes apply to your dividend earnings

 

[dv8shane]

I don't think you're going find many "comparables." I don't understand what you mean by "my limited company." Is this a company you work for?

I am the 100% owner of shares of the limited company the same as LLC in the USA.