Following are frequently asked questions about Online Business Valuation:
It takes about an hour.
No. Online Business Valuation requires no prior formal valuation experience.
Online Business Valuation produces a detailed market-based ballpark valuation report. It is based on industry comparisons and produces a reasonable estimate of what a business may sell for (perfect for financial and wealth planning)—anything else (for court, divorce, etc.) should use a fully detailed professional valuation.
Yes. Online Business Valuation automatically includes ValuSource Market Comps (formerly IBA Market Data) comparable sales transactions when you select the industry your client’s company is in.
With your Online Business Valuation subscription, you have access to our technical support staff via email or phone. It is the ONLY staff that also includes professional valuators—so you can get both product and valuation help.
No. Courts require a formal appraisal produced by a valuation professional.