By looking back and taking stock now, you can ensure that your business is prepared for whatever the future may bring. Take a moment and get your bearings before you make plans for the new year.
As the end of 2022 nears, there is more than the usual amount to reflect on.
The world has changed significantly in the last few years, impacting businesses of all sizes in a variety of ways. Many businesses have had to make tough adjustments just to stay afloat, from learning to operate in a post-pandemic world to managing the negative effects of inflation and consumer pressure.
For some businesses, this has had a surprisingly positive impact on the valuation, with a leaner operation and renewed strategic focus. For others, this has been an extremely tough road. Either way, pat yourself on the back for just getting this far!
Don’t sign off on 2022 before you’ve reviewed your year in full
At bizval, we believe that there’s value in knowing how much your business is worth – and what better time to get that valuation than at the end of the year? As you tally up your wins and losses over the last 12 months, it makes sense to consider how it all adds up to the total value of your business.
Even if you aren’t thinking about selling your business or bringing in an equity partner, a valuation is still a powerful insight that will help you set goals, maximise opportunities and prioritise growth.
A valuation can help you understand your business’ strengths and weaknesses, and identify areas where you can improve. It can also help you attract and retain key partnerships, and negotiate loans and contracts armed with the knowledge of what the impact of different options might be.
For any entrepreneur, ending off the year with a business valuation makes a great deal of sense.
Our end-of-year gift to you – a voucher for your free live valuation
At bizval, we understand how much hard work and dedication it takes to run a successful business. In celebration of the end of our first calendar year in operation, we want to also celebrate your achievements with a voucher for a free bizval Live valuation worth R5 000.
This offer is valid for the month of December only – use the voucher REFLECT on checkout to qualify. With a free valuation in your pocket, you literally have nothing to lose and a world of insight to gain.
All it will cost you is 15 minutes of your time – quite possibly the best 15 minutes you could invest in your business this year!
But wait – there’s even more than just the advantage of a free Live valuation on the table. That’s because we’ve just launched our scenarios add-on – a super useful feature that will allow you to answer those “what if?” questions that have been keeping you up at night.
Get excited about our valuation scenario tool
A bizval Live valuation does a fantastic job of giving you a base value for the business as it exists today. But as we know, the journey of an entrepreneur is fluid and the future is both uncertain and exciting.
This is why we are thrilled to be launching the bizval scenario tool – an add-on to our bizval Live product that allows you to change key variables to see what the impact is.
- What will another 10% in revenue achieve for us?
- What happens to my valuation if we cut 5% in expenses?
- I think we can collect our debtors faster – what will that do to the value?
If you’ve asked yourself these questions, then our scenario tool is for you.
This is the popcorn-at-the-movies that takes the whole experience to the next level.
A reminder of just what your bizval Live valuation includes
A bizval live valuation covers a single business entity. To obtain your valuation, all you need to do is provide us with knowledge of key business and financial information. Once you’ve done this, our unique algorithm will do the rest, churning out your valuation in a matter of seconds.
The valuation tool is quick and easy to use and does not require detailed technical or accounting knowledge. The entire process typically takes 15 minutes from start to finish and is completely secure and confidential. Your instant valuation result will combine three trusted valuation methodologies – just like investment bankers do it – to produce an accurate value that you can trust.
Need an even more hands-on approach? We’ve got you covered on that point too. You can dive even deeper into your Live valuation results by making use of our bespoke Concierge service, which will provide you with more detailed results from the mind of a real valuation expert.
Once you’ve done your valuation and we know who you are, you’ll also be kept up to date with bizval webinars, insights and education sessions, as well as standard support from our experienced team of valuation experts. Best of all, you’ll have the opportunity to access our valuation scenarios add-on, which will empower you to transform your valuation into a strategic planning tool.
Who knows? We might even contact you to be a guest on the next bizval podcast.
Thank you for being part of our story in 2022. This is only chapter one.