What is the value of a fully registered Quality Manual?

D

dv8shane

#1
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
 
Elsmar Forum Sponsor
D

dv8shane

#3
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

Staff member
Super Moderator
#4
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

Thaumaturge
Super Moderator
#5
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.
 
D

dv8shane

#6
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

Hunkered Down for the Duration
Staff member
Admin
#7
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

Staff member
Admin
#8
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.
 
D

dv8shane

#9
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
 
Thread starter Similar threads Forum Replies Date
Q Best approach to get a real value as average? Statistical Analysis Tools, Techniques and SPC 6
F Missing value of Uncertainty B Measurement Uncertainty (MU) 8
F Calibration certificate content - Average Value and True Value ISO 17025 related Discussions 6
S In BAC5300 we have machining mismatch allowed is 3tau, what is the value of tau? Document Control Systems, Procedures, Forms and Templates 1
S Change value of target during a batch Capability, Accuracy and Stability - Processes, Machines, etc. 0
A Acceptance p-value for linearity and bias analysis in minitab results Gage R&R (GR&R) and MSA (Measurement Systems Analysis) 0
A Torque Value for Different types of Fasteners (Socket Head, Button Head, CSK) Manufacturing and Related Processes 2
M IATF 16949 - 8.5.6.1.1 Providing a list of process controls: Does this requirement add value to QMS? IATF 16949 - Automotive Quality Systems Standard 4
Q Cycle times, value stream mapping, inventory, average values? Lean in Manufacturing and Service Industries 1
Ashok sunder What are the criteria for setting a target KPI value against a quality objective? Benchmarking 7
S Adding Value prior to signing EASA Form 1 EASA and JAA Aviation Standards and Requirements 5
M Creating a Plant Level Value Stream Map Process Maps, Process Mapping and Turtle Diagrams 1
A IMDS - Changing the Locked Weight Value RoHS, REACH, ELV, IMDS and Restricted Substances 1
T Value Chain Map for Food Services Industry Service Industry Specific Topics 1
O P-Value less than 0.05. but everything else in control Statistical Analysis Tools, Techniques and SPC 19
Q P x I = Value interpretation for residual risk? ISO 9000, ISO 9001, and ISO 9004 Quality Management Systems Standards 1
O CPK with a P value less than 0.005 Manufacturing and Related Processes 8
G What degrees of freedom means in uncertainty budget and how do I set the value Measurement Uncertainty (MU) 2
Q Really do they add value (Vision, Mission, Values)? ISO 9000, ISO 9001, and ISO 9004 Quality Management Systems Standards 1
D What is the exact Temperature Coefficient Value to be set on a Conductivity Meter? General Measurement Device and Calibration Topics 2
M Value Stream Mapping Calculations Process Maps, Process Mapping and Turtle Diagrams 5
L How to interpret the average R bar Value shown in the R Chart Gage R&R (GR&R) and MSA (Measurement Systems Analysis) 2
G Non Value Added Corrective Actions IATF 16949 - Automotive Quality Systems Standard 15
R How To Calculate & Print CDF and Lower Bound CDF value for some t(time) with Minitab? Using Minitab Software 1
P Purpose of calculating Uncertainty value in calibration study Measurement Uncertainty (MU) 5
J Agenda of Value Stream Mapping workshop required Quality Tools, Improvement and Analysis 1
M What is the value of documenting in-process rework for easily-detectable issues? Quality Manager and Management Related Issues 4
R VSM - Value Stream Mapping (catheter manufacturing unit) Customer Complaints 10
W Quality for value adding or certification? ISO 9000, ISO 9001, and ISO 9004 Quality Management Systems Standards 23
T Cpk for 0 as Ideal Value Statistical Analysis Tools, Techniques and SPC 1
dubrizo Internal Audit Value - What is the point of conducting internal audits to a checklist Internal Auditing 40
L 5 minutes only for this Survey on the Value of PDCA and Your EMS Miscellaneous Environmental Standards and EMS Related Discussions 1
M How calculate P value for Linearity and Bias using Excel Gage R&R (GR&R) and MSA (Measurement Systems Analysis) 8
J F and P-value in L9 Taguchi Design Using Minitab Software 22
Sean Kelley Value of Ppk or Cpk when targeting thinner material Statistical Analysis Tools, Techniques and SPC 4
B How to validate Microsoft Excel Spreadsheet Calculations for the Cpk value Capability, Accuracy and Stability - Processes, Machines, etc. 9
V Analysis of 'Value Added' System & Process Steps - Inspection Pharmaceuticals (21 CFR Part 210, 21 CFR Part 211 and related Regulations) 2
P Which ISO 13485 clause(es) are applicable for Value Proposition Creation ISO 13485:2016 - Medical Device Quality Management Systems 1
R The Value and Effectiveness of In Process Inspection Quality Manager and Management Related Issues 17
D Value-Added Analysis - Staff (Employee) Satisfaction Quality Tools, Improvement and Analysis 11
T ISO Auditor Training - What online training is actually value added? ISO 9000, ISO 9001, and ISO 9004 Quality Management Systems Standards 13
M Specific Capability case - Target Value is same as the Lower Limit Capability, Accuracy and Stability - Processes, Machines, etc. 9
S GR&R for an "R" value instrument installed on my 10K Horizontal Tester Gage R&R (GR&R) and MSA (Measurement Systems Analysis) 5
S Value Stream Mapping for a Product Family Lean in Manufacturing and Service Industries 5
WCHorn Are Inspection Operations Value Added? Lean in Manufacturing and Service Industries 50
J How does Layout Inspection determine Reference Value? Gage R&R (GR&R) and MSA (Measurement Systems Analysis) 1
S Labeling Medical/Health Value Claims with No Sources to Back Up EU Medical Device Regulations 1
W DIN ISO 1101 - Show me the General Dimensioning Tolerance Value Other ISO and International Standards and European Regulations 3
8 VSM (Value Stream Map) Issue Lean in Manufacturing and Service Industries 5
V Best value for choice/money - Smart phone vs tablet After Work and Weekend Discussion Topics 7
Similar threads


















































Top Bottom