
-- Sydney Australia – Succession Plus is very pleased to announce the release of their new updated version of its Business Valuation tool. Working in collaboration with PHD Academics from the University of NSW to enhance the valuation algorithm and using the latest digital technology to simplify and fast track the valuation process.
“The process of business valuation hasn’t been updated for years, and we have been able to work with technology partners to develop a simple, fast process to value any small business online within 15 minutes.” CEO & founder Craig West said. He also continued by saying “the partnership with Xero (the tool extracts financial data directly from a business Xero file) has enabled a far easier process and also ongoing review of the valuation as the business performance changes.”
Accountants need to get valuations all the time whether it’s for – family law, business disputes, restructure, Capital Gains Tax etc – this tool will allow them to do this online, quickly and efficiently, at a fraction of the current cost (this will also be a benefit to their business clients).
The tool is currently being developed to also add benchmarking reports (a comparison of any business with its peers to highlight over or under performance) and also a detailed risk assessment to help owners identify the key value drivers and how they can influence the value of the business going forward.
The tool is online and available at valuations.successionplus.com.au, and it’s free to use by business owners.
Succession Plus is Australia’s largest business succession and exit planning consulting firm which have been advising business owners since 2009 on how to maximise the value of their business and achieve a successful exit.
For more information, Craig and his team of advisers can be contacted by visiting their website successionplus.com.au.
Release ID: 89001540