Cosmo DeNicola Companies News


Monday, May 23, 2016

New book reveals ‘why valuation is the most important number business owners will ever know’

Authored by best-selling entrepreneurial author Daniel Priestly, BizEquity’s Founder & CEO Michael M.Carter and valuation expert Scott Gabehart

Already Amazon’s number one valuation book and #1 new release for private equity it offers business owners a comprehensive guide to answer the fundamental question – what is my business worth?

 

WAYNE, Pa., ATLANTA, BizEquity, the leading provider of online business valuation and performance big data, today launches its valuation book ‘What’s your business worth’ for the benefit of the 98% of businesses that do not value themselves annually. Co-authored by Michael Carter, Daniel Priestly and Scott Gabehart, this book offers a comprehensive guide to help readers discover, monitor and optimize their business valuation.

With more than 7.7 million businesses expected to change hands in the next 10 years, with 67% underfinanced and 50% underinsured and with many proprietors planning retirement based on the sale of their business, access to real-time business valuation knowledge is crucial for business owners and the financial professionals who advise them.

Already Amazon’s number one valuation book, the book makes clear that “the main reason you need to have your company properly and accurately valued is to maximize the value you receive from your business,” but it also details 12 other reasons why it is important for entrepreneurs to regularly value their business from securing the most appropriate insurance to helping implement more effective tax planning.

Despite its importance, this crucial valuation data has traditionally been inaccessible to the majority of businesses owners due to time and cost involved. ‘What’s your business worth’ – – together with  BizEquity’s valuation service, are democratizing this fundamental information for the business owner through helping them answer the million dollar question; what is the value of their business.  Utilizing Big Data technologies, BizEquity has created the first of it’s kind patented online service to democratize this important knowledge for every business owner in the world.

Drawing on the combined expertise of leading entrepreneurial author Daniel Priestly, BizEquity’s CEO Michael M. Carter and business valuation expert Scott Gabehart, the guide covers everything the business owner needs to know about business valuations in comprehensive detail supported with relevant real life case studies, from how a business is valued, ‘deadly sins’ to avoid if you want to have a clear idea of your business’s worth to how a valuation can strengthen your business.

Completing the book and using BizEquity’s valuation service, will give business owners real-time access to the crucial data required to optimize their company’s ability to capitalize on a range of opportunities, such as securing investment from third-parties at the best price, negotiating an appropriate level of debt for expansion or move into new markets, or successfully negotiating a merger or sale.

The former Chief Data Officer and current Chief Data Officer of Honeywell, William Groves commented: “What the credit score has been for consumers and the consumer finance industry, business valuation scoring will be for commercial lending, insurance, and wealth management products and services in the future.”

Michael M. Carter, Co-Author and Founder and CEO of BizEquity stated: “Dan, Scott, and I are on a mission to help democratize this important business valuation knowledge that every business owner or advisor to businesses owners and entrepreneurs should know and have at their fingertips.  Now it’s not just online at BizEquity.com or through or over 200 financial services partners, but available online as a book as well.”

Peter Brooks, Previous CEO Sovereign Capital, MD LDC London and partner FB Capital, commented: “BizEquity’s valuation service and accompanying book are great news for both business owners and those who invest in them. Valuation is at the heart of any potential acquisition, sale or investment and knowing what a business is worth from the outset will encourage deal flow and spur businesses performance via the valuation service's comparative ratios and indices output as companies will more easily get the capital and backing they need to expand.”

Profits for the book, available from Amazon for kindle and paperback:

https://www.amazon.com/entrepreneur-discovering-monitoring-optimizing-valuation-ebook/dp/B01FGMDCPG?ie=UTF8&keywords=whats%20your%20business%20worth&qid=1464026084&ref_=sr_1_1&refinements=p_n_feature_browse-bin%3A618073011&s=books&sr=1-1 , will be going to Miles Frost Fund, set up in loving memory of Miles Frost to help end the deadly heart condition hypertrophic cardiomyopathy - https://www.bhf.org.uk/miles-frost-fund/donate-to-the-miles-frost-fund.

Topics: Insider