Skip to main content

Accounting & Audit

New Cloud-Based Valuation System Designed for Small Businesses

Valuations.com today announces the launch of its interactive business valuation platform. Through the free platform, the approximately 27.9* million small business owners in the United States are able to find out what their business is worth and how ...

Valuations.com has launched its new interactive business valuation platform. Through the free platform, the approximately 27.9* million small business owners in the United States are able to find out what their business is worth and how they compare to the market, with absolutely no signup required.

Currently, obtaining a business valuation is very time consuming and expensive for many small and medium-sized businesses. After selecting a business appraiser, handing over sensitive financial information and waiting a month or two, you receive forty pages of fluff and a valuation number.

This can cost tens of thousands of dollars. Valuations.com was created by three guys who think finding out what your business is worth is currently too hard. They decided to create an easy and anonymous online valuations tool that lets every business owner get a quick check on their business value and get back to their days’ work.

“We want to do for business valuations what Zillow has done for home valuations,” said Michael Prince, president of Valuations.com and founder of CorporationWiki.com. “For business valuations, consumers can go to Valuations.com, provide their annual revenue, industry, and expected growth rate, and in less than a second our system will mine large IRS and SEC databases and provide your business value,” continued Prince.

Users will receive a graphically rich report with interactive charts, their valuation, and some sliders for tweaking the assumptions that are used for the underlying valuation model.  A bell curve shows the probability of selling at various price points and the whole process takes less than 30 seconds.

Once the initial report is complete, users are able to opt-in to receive no cost recommendations for service providers, such as attorneys, appraisers and brokers, as well as introductions to lenders and equity investors if they are interested in digging deeper into their specific business growth needs. For service providers and capital sources Valuations.com can act as a simple, but valuable way to identify and match qualified leads highly interested in pursuing their service  and capital offerings.