An inside look at the latest updates coming to BizEquity
As the business world evolves, we here at BizEquity have received a wealth of excellent feedback on how we can improve our platform to evolve alongside it.
We are excited to show that we have analyzed that feedback and are now working on a number of new updates, coming soon to the BizEquity platform.
Coming soon to the BizEquity platform are the following exciting new enhancements.
New Report Builder
We have reimagined our standard reporting experience with an all-new Report Builder, available soon within the BizEquity application.
With the new Report Builder, you can personalize each individual client’s unique business valuation into a comprehensive yet concise report that includes all the insights they need and none that they don’t. Simply open the Report Builder, select the pages you wish to include, remove those you don’t, and generate a personalized report immediately.
Simple, straightforward—but most all—effective.
A Revamped Owner Compensation Calculation Worksheet
Understanding owner compensation is an essential piece of both an accurate business valuation and a holistic financial plan, yet it often takes complex calculations to render an accurate view. With this update however, we are working to help ensure you add the correct data needed for accurate results—and do so easily.
The new worksheet will give you the tools to easily handle owners compensation and scenarios when there are multiple partners by helping to identify and account for common adjustments such as multiple partners, part-time owners, related parties on the payroll, and more.
New Minority Interest Discounts Module
Also on the horizon of enhancements is a Minority Interests Module which calculates applicable non-controlling or “minority” owner discounts inherent in such cases.
This module is being designed to help you gain a more accurate understanding of the true value of a business, particularly in cases where there are minority owners with limited control over the company's operations. The module takes into account factors such as the level of control, marketability, and liquidity of minority ownership interests, and applies appropriate discounts to arrive at a fair value for these interests.
By including this module in our broader business valuation estimate, you gain a more comprehensive view of the company's overall worth and make more informed decisions about their investments.
A Refreshed Business Valuation Institute Experience
To provide a comprehensive library of training and practice management resources focused on helping you build a better base of business valuation and client service knowledge, we are revamping our legacy Business Valuation Institute (BVI).This new version of the BVI will include a wide range of articles, videos, and other training materials designed to help business owners, investors, and financial professionals deepen their understanding of key financial concepts and valuation methodologies.
So whether you're looking to brush up on already acquired knowledge or you're in search of more in-depth training materials, the new Business Valuation Institute will have everything you need to take your skills to the next level.
Suite of Optimize Tools
Among the many powerful options available to BizEquity users is the ability to not only analyze and value a business, but also help the owner optimize their fundamentals and build a more resilient, profitable business that better suits their needs and goals.
To expand this powerful portion of the BizEquity platform, we are creating a suite of new tools and features aimed at improving the options and insights available to help an owner optimize their business.
Included in these updates are:
- Scenario Planning elements that help spark important conversations and project planning needs
- A discounted cash flow model
- Company and industry specific recommendations that show how the business owner can take steps to reach their goals
Stay tuned for more updates as we work to roll these enhancements out. In the meantime, why not uncover more key business valuation insights from the BizEquity team? Check our recent webinar, A Lifetime of Value: The Role of Valuation Throughout the Business Lifecycle, which focuses on how you can leverage business valuation throughout the lifecycle of a business—from startup all the way to sale.
