The #1 Purely Market-Based Online Business Valuation Software
Anytime there is litigation, the IRS is involved, or you need a PRECISE number that can be defended—you must get a formal valuation from a certified professional valuator.
A certified professional valuator will typically spend 30 plus hours, can use dozens of potential analysis approaches and valuation data, then must follow accepted valuation standards with hundreds of steps.
Typically, this type of valuation costs about $5,000 or more, can take weeks to complete, and requires extensive data gathering from the business owner and the accountant.
A ballpark valuation is a way to estimate the value of your business, without going through the formal valuation process and expense.
Ballpark valuations are good when you do not NEED a formal valuation because it provides a reasonable estimate to get you in the RANGE.
This is very valuable when you need to:
Among the existing Ballpark valuation web products, there are two general approaches:
These products typically use a highly simplified financial analysis with a small handful of the hundreds of potential steps of a formal valuation.
Using a small subset of the formal valuation process can never provide the accuracy of a formal valuation—these products are not appropriate for things like the IRS, litigation, giving stock options, or anything else that would usually require a formal valuation.
Products based mainly on financial analyses:
It really kills the simplicity of a Ballpark valuation if you can’t understand, interpret, or use the results.
This approach was pioneered by and only available through ValuSource, the world’s leader in professional business valuation software for over 30 years.
This ENTIRE process is market-based, with ZERO complex, theoretical or confusing financial analysis. This leads to both a reasonable value as well as a report that can be understood by the business owner.
Online Business Valuation uses actual business sales and then adds other market-based factors that business buyers consider.
Know what type of valuation you need allows you to create valuations that fit the context of the business situation.
Let’s see how it works.
