What amount of goodwill did Management Recruiters record as a result of the acquisitions?

According to Management Recruiters' 2024 Franchise Disclosure Document, the company recorded specific goodwill amounts for several acquisitions. The goodwill recorded on the acquisition of Temporary Alternatives was $375,000, on the acquisition of Dubin was $200,000, on the acquisition of Northbound was $500,000, and on the acquisition of MRI was $4,795,000. The total goodwill balance as of December 31, 2022, was $5,870,000.

Goodwill, in this context, represents the expected synergies with Management Recruiters' existing business, the acquired assembled workforce, potential new customers, and future cash flows resulting from the acquisition of MRI and Dubin. It is also noted that this goodwill is deductible for income tax purposes, which could provide a financial benefit to the company.

It's important to note that the provided table only lists goodwill recorded for specific acquisitions and the goodwill balance at a specific date. It does not provide a comprehensive list of all acquisitions made by Management Recruiters or the total goodwill recorded across all acquisitions throughout the company's history. The goodwill balance can fluctuate due to new acquisitions, amortization, and impairments, so the balance at any given date reflects the net effect of these factors.