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This online business appraisal tool’s patent-pending technology stands out in my experience with BizEquity. I found my business’s valuation in minutes, which was convenient. BizEquity’s step-by-step appraisal procedure, which considers 143 data points, was extremely helpful. This method assessed my company’s value thoroughly and accurately. I could track this valuation on the platform’s dashboard and see how different metrics affected my business’s value.
BizEquity’s resources and information set it distinct. These tools helped me improve my business plans and decisions. Knowing the genuine value of my firm has helped me set and achieve personal goals. BizEquity’s capacity to answer key questions that inform my business’s future impressed me. Legally compliant CBV reports are also available on the platform. These reports are generated by experts, ensuring accuracy.
BizEquity Specifications
Specification | Details |
---|---|
Valuation Methods | Discounted cash flow (DCF), comparable sales, and asset-based valuation |
Data Sources | Company financials, market research, and comparable transactions |
Collaboration Tools | Real-time collaboration, version control, and commenting |
Pricing | Monthly plans start at \$499 |
Customer Support | Email and phone support |
Free Trial | Yes |
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What is BizEquity?
BizEquity is a Business Valuation Software that has been built to help Startups, SMEs, and Enterprises. It is packed with features. BizEquity offers comprehensive solutions that are made specifically for Web Apps. This online Business Valuation system provides support for Android and mobile devices, as well as action alerts, an activity dashboard, an activity log, desktop integration, financial planning, financial reporting, help and support, a help desk, mobile access, portfolio accounting, portfolio analysis, portfolio management, and valuation management all in one location.
BizEquity review: Features and functionality
My experience with BizEquity has shown that it has many features that can help businesses of all sizes. Unique features include business valuation tools. BizEquity calculates business value using discounted cash flow (DCF), comparable sales, and asset-based valuation. This flexibility lets you choose the valuation method that best suits your business type and industry, delivering a more accurate appraisal.
Financial reporting is another benefit. BizEquity offers balance sheets, income statements, and cash flow statements. These reports have been invaluable for analysing our business’s financial performance and making strategic financial decisions.
Additionally, BizEquity’s industry benchmarking capability is useful. It lets companies compare their financial performance to industry peers. This data has helped us uncover company improvements, providing us a competitive edge. BizEquity analyses competitors’ financial performance, market share, and customer happiness. We use this data to create competitive strategies and stay ahead in our business.
BizEquity review: Valuation methods
- Discounted cash flow (DCF): One way to figure out how much a business is worth right now is to discount its future cash flows. This is called discounted cash flow (DCF). In most cases, this is how BizEquity figures out how much something is worth.
- Comparable sales: This is a way to figure out how much a company is worth by looking at how much similar companies that have recently sold were worth.
- Asset-based valuation: This method figures out how much a company is worth by looking at how much its assets are worth.
BizEquity review: Pricing
BizEquity has several price levels to match your budget and needs. Plans are as follows:
- Essential: $499/month- The Essential plan suits startups and small companies. It incorporates all BizEquity capabilities, including valuation reporting, comparative analysis, and financial tracking.
- Professional: $999/month- The Professional plan suits medium-sized organisations. It covers all Essential plan elements plus benchmarking and financial projections.
- Enterprise: $1,999/mo- The Enterprise plan is suitable for large companies. It contains all Professional plan features plus bespoke valuation models and premium data sources.
BizEquity review: Customer support
I’ve discovered that BizEquity offers customer assistance by phone and email, which is a really convenient combination of communication methods. They adhere to a schedule that sees them open from Monday through Friday at nine in the morning and stay open until five in the afternoon Eastern Standard Time. The vast majority of the comments and suggestions made by BizEquity clients are consistent with my own personal experiences.
The crew that provides customer assistance is, in general, quite helpful and responsive, and they respond quickly to questions and concerns. On the other hand, it is important to point out that a select number of consumers have remarked that on occasion, it may take a little bit longer to get a response from the team that provides customer care. However, it appears that this is the exception rather than the rule in this case.
Final Words
In conclusion, based on my own personal experience, I can say that BizEquity provides dependable customer care during their working hours through the use of email and the phone. The vast majority of consumers, including myself, have cited their support team’s helpfulness and responsiveness as a big benefit to their experience with the company.
Although there have been some reports of longer response times from the customer support personnel on occasion, it appears that this is a rather infrequent occurrence. In general, BizEquity has demonstrated that it is a useful instrument for firms that are looking for support with their financial valuation needs, and I would recommend it as a reliable resource with regard to this matter.
The Good and Bad
BizEquity provides customer service by email and by phone, giving users a choice between two different methods of receiving assistance. Customers of BizEquity regularly mention that the company’s customer support crew is friendly and responsive, and that they receive excellent assistance as a result.
The Good
- Helpful and responsive customer support.
- User-friendly platform for financial valuation needs.
- Convenient availability via email and phone.
The Bad
- Occasional longer response times reported by some customers.
Questions and Answers
For example, some customers have said that sometimes it takes a little longer to get an answer from customer service. But this isn’t a big problem for many people.
Having responsive customer support makes using BizEquity better overall because it makes sure that users can get help and support quickly when they need it for financial value and other related tasks.