Businesses planning to close, merge or acquire another company need to undergo the process of business valuation. An accurate and up-to-date valuation is critical for any business. The present-day also demands the business to be fast and speedy. Cumbersome spreadsheets and hardbound journals have become old-fashioned, and software has instead taken their place.
A person who has a reasonable knowledge of the process can use this software, as it not only takes away the burden of knowing various valuation theories but also lets an individual do away with complicated mathematics to analyse the position of the business in the market.
Most of the software is available on the Internet. It is considered to be time efficient, value adding and economical. As it is available on the Internet, it can also be accessed globally.
Some of the software readily available on the market includes BIZpricer, BizPricer’s business valuation model, Ball Park Business Valuation, Money Soft Corporate Valuation, Valuer Business Valuation software, and E ValPro, to name a few. Some of the software is also available for free, at least on a trial period basis.
Business Valuation software from MBA Ware offers 19 valuation methods in preparing the report on business valuation. The software combines with a standard interface, such as Excel, to gather financial data about a company. The software also provides the ability to import annual statements and other financial reports. Other than this, business buyers or sellers who need a complete evaluation of a business entity can also use BizPricer. The software uses Microsoft Excel and Word programs to analyse the data.
Most of the business valuation software combines relevant indicators for analysing future performance with underlying financial data, such as revenue, variable and fixed costs, in finding the net worth of a company in the market. It is advisable that a business enterprise download the free version to understand the features given in software. The Internet can be a boon but also a bane, because it solely depends on the business to research on the Net to find the right software to satisfy their demands.