Businesses passing on rented spaces to others hiring those spaces, have from time immemorial passed them on a fee commonly known as goodwill.
Goodwill, though not legally recognized in real estate terms or business practise, is a fundamentally acceptable practise that started in
However, in an interesting turn of events, this goodwill business has fast caught up in the service industry with investors paying an arm and a leg to acquire, train and retain staff.
Akin to the multi-billion shilling sports transfer window signings, investors are splashing premium fees in goodwill to win and retain service providers, and of all industries, the beauty, cosmetics, aesthetics and grooming industry.
Негізгі бет I make KES. 400,000 monthly as a barber - Calyx
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