Understanding your business’ value is the key ingredient to undertaking a host of strategic activities and decisions. It is the elephant-in-the-room question for many business owners.

Surprisingly, 75% of the 200 million small businesses in the world don’t know what they are worth. The Small Business Association in the U.S. (where 30 million SMBs are located) says this is one of the two main challenges companies and their owners face. The question remains why do so few organizations lack—and fail to track—this critical piece of information?

In the past, it was very expensive to get a business valuation. The average offline business valuation can cost around $8,000. The price alone turns off most small business owners. More over, traditional valuations would take many weeks, and potentially several months. With the help of technology and years of business valuation experience, online business valuation tools, like the one we offer on our site, have made access to this information easily accessible for small business owners.

***Informal valuations and statistics are provided by BizEquity. While a valuable starting point, it is not a certified business valuation prepared by an accredited appraiser. Nonetheless, it does provide valuable insight into how valuations are created. ***