BizEquity: Largest Provider Of Online Business Valuations Announces New Product At Finovate

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BizEquity is announcing the newest version of its cloud based business valuation service that allows business owners and financial institutions to learn what a business is financially worth. The company has seven patents and over 27 million businesses in its database.

BizEquity, the largest cloud based provider of business valuation services to business owners and financial institutions, will demonstrate the latest release of its product, BizEquity One today at the Finovate Show at the New York Hilton in Mid-Town. Finovate is one of the largest gatherings of leading financial technology companies globally. BizEquity was selected as one of only 70 companies to present at its 8th annual conference where 1,400 industry leaders are expected to attend.

The new BizEquity One product looks to extend BizEquity’s market leadership in providing businesses and their financial advisors powerful Big Data insights to business valuation and performance. BizEquity which has filed over 60 patents and inventions and has been granted seven patent for its revolutionary cloud based and big data enabled business valuation service looks to garner additional mind and market share in the financial services community with the launch of its new product.

BizEquity’s newest version, 5.0, contains the following new features and functionality:

  • Biz Estimate Search Feature: BizEquity has pre-valued and made available over 27.2 million valuations on businesses across North America, through dynamic Big Data valuation scoring and searching.
  • Real-Time Valuation Monitoring Dashboard: Subscribers to receive a real-time business valuation and performance dashboard on their business
  • Advice and Alerts: New advice and alerts features over 111,000 advice and alerts, which are free for any user as they go through the patented 7 step business valuation process
  • Subscription Options: Monthly subscription pricing for real-time valuation dashboard monitoring
  • Enhanced Report: Improved business valuation report featuring 22+ pages of powerful and simple business valuation knowledge and key performance indicators that compares each business to millions of their peers.

Michael M. Carter, CEO and President of BizEquity, spoke about the importance of business valuation knowledge, which according to IBIS World, is over $7.4 billion in the U.S. alone. “It is more critical now than ever for business owners to know what their business is worth to raise capital, sell their business or for personal financial planning than any time in history because of the complexity of the capital markets and buying and selling businesses,” said Carter. “Banks, and financial institutions are under a microscope for pricing lines and determining a company’s value so getting the valuation right is critical.

“Despite the importance of this knowledge less than 2% of all businesses perform a business valuation today due to the time, and cost," stated Semyon Fishman, Vice President of Engineering and CTO of BizEquity. "We are proud to change that today for all.”

Fishman continued to explain what the enhancements will mean to users. “The new BizEquity product is mobile friendly; dynamic; responsive; and makes sense of millions of big data elements and generates and or calculates 143 business valuation and performance metrics for any business.”

Users can receive a free initial valuation score online by using a 7-step process by going to http://www.bizequity.com. Enhanced versions of the product start at $39.99 a month per company.

BizEquity Company Background

BizEquity is the global leader in online Business Valuation having valued over 27 million companies. BizEquity created the industry’s first Valuation as a Service (VaaS tm) cloud based service to help business owners and the financial institutions that serve them know their businesses worth in minutes. BizEquity delivers a real-time valuation score online; a subscription business valuation monitoring dashboard, and a detailed 22 page business report with four different valuation outcomes and over 20 performance comparisons to millions of businesses in minutes for a fraction of the cost associated with traditional business valuation methods. BizEquity is headquartered in Wayne, P.A., with satellite offices in Singapore, and London. More information can be found http://www.BizEquity.com

Contact: Marc Kramer, Kramer Communications, 484-288-0594, marc(at)kramercommunications(dot)com

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Marc Kramer
Kramer Communications
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