What’s Your Business Worth? – BizEquity
Over the last few months there has been a handful of startups launched that focus on business valuations. All of them have a different focus with the common bond being the attempt to quantity both businesses and business ideas. I run Bizak, which focuses on internet startups and computing benchmarks according to industry, type and revenue source for comparative analysis. YouNoodle, which is based in San Francisco and launched over the summer, mixes business networking with a startup predictor application. The latest business valuation service to launch is BizEquity, which focuses on offline, small business valuations with a reported database of 10 million business valuations. BizEquity is based in San Diego and is founded by Tom Taulli and funded by Advanta Ventures.
I recently was able to talk to Tom Taulli about his services and one feature that I find very useful is BizEquity’s Custom Valuation application. This advanced business calculator allows small business owners (more offline than on – restauranteurs, shop owners, retail, etc.) to calculate a detailed valuation of their business. You can then elect to submit these calculations to BizEquity’s database. I like the service that Tom offers and feel that we (Bizak & BizEquity) focus on two distinct markets (online & offline, respectively) that could potentially benefit from the integration of both of our data sets. As I mentioned last week Bizak just launched their XML data feed which enables databases like BizEquity’s to integrate our internet benchmarks and startup profiles with their current data.
Additionally we discussed in detail some of the services that Bizak offers and Tom graciously included that interview in one of his BloggingStocks posts titled, “What are Startups Worth?” The topics covered are:
Q: Some background on Bizak?Q: You are also launching a new offering?
Q: What are some of the approaches of valuing an early stage company? Some recent trends?
Q: Thoughts about the recent financial instability and what this may mean for startup valuations?
