Noah Rosenfarb , September 17, 2014
Key Takeaway: Michael Carter, CEO and president of BizEquity, talks about their simple and affordable online tool to value a lower mid-market business.
Other Key Takeaways:
- All business owners want to know, but few really do know, the value of their business.
- Valuation is both art and science. The science being comps and the art being feel for the company's industry, technology, growth prospects, etc..
- Early stage venture valuation is more "art." More mature company's valuation is more "science."
- Pro-forma financials are critical as long-term revenue and EBITDA growth drives the premium around the valuation of the business.
- BizEquity was born seven years ago on a flight from Buffalo to Philadelphia when Michael realized he could find home values on Zillow, car values on TrueCar, but where do you find your businesses value?
- BizEquity is the only patented online business valuation tool (www.bizequity.com).
- It is being used mostly by M&A advisors for their clients for tax planning, divorce cases, estate planning and insurance.
- $365 price point.
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For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at Eric@EdisonAvenue.com or 239.738.6227. Also, visit our Edison Avenue website at www.EdisonAvenue.com. To search for Florida Businesses for Sale: CLICK HERE
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