The valuation seems unrealistic
The valuation seems gimmicky and unrealistic. I've back tested the valuation for one company with Syft, actual negotiations and my understanding of the business and Equitest was on another planet. Cold planet. Further the Xero financial data import was importing wrong numbers in the BS, and I had to type them manually. Saving grace - in theory you could spit out a valuation in 30min. You can adjust most assumptions used for valuation. That said - If you know how to adjust these you are probably a valuation expert already. For me as an accountant who's done valuations as a trainee 15 years back, it is of limited use.
Tamir_1
Nov 29, 2024Thank you for sharing your feedback. We value your insights and would like to address your concerns:
Efficiency of Equitest: You managed to create an account and perform a company valuation, even negotiating a business sale within just 4 hours. This showcases the powerful capabilities of our system.
Xero Integration: We offer three methods to input data from Xero:
Direct API integration with Xero.
Exporting data from Xero to an Excel file and uploading it to our platform.
Manual entry.
You opened a support ticket regarding the Xero integration issue, and we asked for more details, but we never received a response. We're here to help resolve any issues you encounter.
Valuation Flexibility: Our platform provides complete flexibility in adjusting all valuation parameters. The resulting valuation is based on the specific inputs you chose to enter.
Negotiation Dynamics: Valuation is only one part of the negotiation process, which also depends on negotiation skills and strategies. Buyers typically aim to negotiate a lower price to maximize their profit. Our platform offers risk analysis features, such as sensitivity analysis, Monte Carlo simulations, and Value at Risk (VaR), to help you understand the potential risks and rewards.
Valuation Methods: Equitest employs six widely accepted valuation methods, including Discounted Cash Flow (DCF) analysis. We adhere to standard methodologies and do not invent new ones.
Ease of Parameter Updates: Updating parameters in our system is straightforward. We are more than happy to assist you with this via a support meeting. Please schedule a session with us to get the help you need.
Professional Foundation: Equitest was developed by a professional valuation expert, specifically for valuers. It significantly reduces the time needed for entrepreneurs to perform a valuation from four days to just 30 minutes.
Customer Preference: An increasing number of users are switching from competing products like Valutico, which costs thousands of dollars, and Bisequity, to Equitest because it offers a more robust solution with better capabilities.
We are committed to continuous improvement and value your feedback as part of this process.
Best regards,