NASHVILLE, Tenn., Aug. 5 /PRNewswire/ -- Ever wonder what your business is
really worth? Besides the sweat and tears that have gone into a company's
business, bankers and business brokers analyze companies from a different
perspective. The bottom line, however, is what is the company worth?
To answer these questions, Business Value Improvement analyst Nixon Childs
recently launched Banalyst.com (http://www.Banalyst.com), a full service,
online business forum to help owners understand their company's business
value. Additionally, BAnalyst targets accountants, consultants, CFO's and
other helping professionals by providing the information they need to assist
owners in optimizing profits, business value, and marketability.
"Too often, I have worked with clients who have understated or overstated
their company's value due to emotional ties to the business or other reasons,"
said Childs. Also, each year only 2% of the businesses in America that want
to be sold (20,000 out of approximately 980,000) are sold. "These are
shocking statistics and can reflect major financial setbacks when most owners
believe they can sell their business at anytime."
The site, BAnalyst.com, is set up to enable small business owners to have
their businesses analyzed and valued online. Within two hours, a company can
benchmark their financial status and begin making decisions to benefit them
for the future.
For those wanting to sell their company, Banalyst will list their business
to a worldwide audience of prospective buyers while maintaining the
confidentiality of the owner/seller. The information a buyer needs to
evaluate the business and contact the owner's representative is available
online.
Childs has been a business analyst and consultant for over 15 years.
While in the Army in Europe he successfully managed the conversion and
implementation of the Army's automated pay system. Later he and his team were
recognized for implementing the government's first zero-based budgeting
program to better manage costs. Banalyst combines Childs's interests and
knowledge of small business and automation technology with the interactive
capability of the Internet in an attempt to benefit the over 23 million small
business owners.
Banalyst is an online forum for business owners to better understand their
company's value and marketability, as well as listing their business to a
global market of buyers when the time comes. For more information, please
visit http://www.BAnalyst.com or call (615) 646-7900.
SOURCE BAnalyst.com
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Company News On-Call:
http://www.prnewswire.com/comp/155415.html
CONTACT:
Silas Deane +1-615-244-8035, for BAnalyst.com
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