How they describe themselves: BizEquity leverages on over 4 years of tech. dev., 60 patents and inventions filed/granted, a proprietary standards based algorithmic model, and an extensive database of comparable data, to create the “Valuation-as-a-Service” or VaaS™ business valuation cloud. By completing 7 simple steps, the BizEquity Valuation service allows businesses to generate a full 29-page customized Business Valuation & Performance report that provides essential business valuation figures as well as industrial comparison of 40 key performance metrics. Perfect for small business owners looking to buy/sell/protect/optimize their businesses.
How they describe their product/innovation: New Features of BizEquity One UK include:
1) Real time dynamic valuation updated daily from our smart algorithm and multiple data sources for greater accuracy and client engagement rate, 2) Zillow-esque feature on the homepage with a powerful search on 2.1M+ pre-valued businesses in the UK to get a sense of how the business is doing and what it is worth, 3) Useful advice and alerts about the business streamed in real time as the user goes through the valuation process, 4) Updated dashboard with an infographic-like view of each business’s value and key performance indicators (i.e., a bird’s eye view of business that’s simple to grasp for the average owner).
Product distribution strategy: Direct to Consumer, Direct to Business (B2B), through FI licensing