sample business valuation report for the right business
TRANSCRIPT
Ideas for today and tomorrow
Sample business valuation report for the right business valuation
tool
• Business valuation has become a necessity today for every small or medium business.
• A business valuation report not only helps the business in making better decisions but also in consolidating and strengthening its assets.
• A valuation also facilitates the processes of sale, merger or acquisition and partnership divorce.
• However, the reason why most small businesses delay in having a business valuation is the cost associated with it.
Vision Statement
• Online business valuation is more reliable than manual business valuation as it minimizes human error.
• The business owner must conduct close observation and assessment of the applications before purchasing one.
• There are certain factors which play an important role in judging the reliability of any online business valuation software.
Objective
• Certification
1. There are a lot of vendors available online who sell software for business valuation at low prices or for free.
2. However, many of them do not have any certification.
3. It is the duty of the business owner to check the certifications of an application, otherwise he or she might have to compromise with authenticity.
The most important five of these factors are discussed below.
• Version
1. Another important thing to be checked is whether the software application is updated or not.
2. An updated application incorporates more features and also provide smooth usability which helps in generating a better business report.
Five Factors:
• Security
1. Probably the most important factor of reliability for a business valuation software is its security system.
2. A business valuation software is needed to be fed with critical information about the business.
3. So, the software must be firewall protected and should not be accessible to any third party system.
Five Factors:
• Guarantee
1. At the same time, the business owner must demand for guarantee from the application vendor regarding leakage of any information or the company evaluation report from the software to any unknown source.
2. Any breach of the guarantee should be conditioned against legal action against the online tool vendor.
Five Factors:
• Presentation
1. Last but not the least, the software must present the final report in a comprehensible format.
2. The business owner can ensure it by demanding a sample business valuation report and studying it thoroughly.
Five Factors:
