DEMO.com > BizEquity

BizEquity

Conference: DEMOfall 08
Market Segment: Small Business Software and Services
Funding Details: Investor funded.
Competitors: No direct competitors. Relevant websites include: www.BizBuySell.com www.BizComps.com www.Valuadder.com
Product Description: BizEquity has launched BizEquity SM, a free service that helps small business owners get approximate valuations that they can compare to their peers.
Market Opportunity: There are approximately 30 million small businesses in the United States based on projections from the Economic Census, the Small Business Administration, and the Bureau of Labor Statistics.
DEMO Says: Advanta had great success at DEMOfall last year with Ideablob, which won the People’s Choice award. They’re back with another innovative take on utilizing Web tools for the small-to-medium enterprise. Something of a Zillow for business values, BizEquity tells owners the approximate value of their business based on answers to a few simple questions. With around 30 million small businesses in the U.S., it’s a safe bet that every one of them would like their value quantified, as well as the tools to gauge how they compare to peers. It’s another insightful product from a company that recognizes the untapped potential in a vast sector of the business world.