Donation will help small business owners better understand the market value of their businesses, learn more about the business transition process.
San Francisco, CA (PRWEB) August 28, 2013
BizBuySell.com, the Internet’s largest business-for-sale marketplace, announced today the donation of $1 million in business valuation products to America’s Small Business Development Centers. The donation provides America’s SBDC network of over 4000 small business counselors with access to BizBuySell’s Business Valuation tool, as well as educational resources related to buying or selling a business. BizBuySell’s Business Valuation tool is a unique offering that utilizes the industry’s largest database of privately-held business transaction data (over 50,000 sold comps), in conjunction with approximately 45,000 current businesses listed for sale on BizBuySell to determine true business value.
America’s SBDC network is the most comprehensive small business assistance network in the U.S., funded in part by the U.S. Small Business Administration. Their approximately 1000 nationwide service centers are available to provide no-cost business consulting and low-cost training to both aspiring entrepreneurs and existing small business owners.
“America’s SBDC program is the leader in helping small business owners and entrepreneurs with the tools and guidance needed to become successful in today’s challenging economic environment,” Bob House, General Manager of BizBuySell, said. “Our missions are very similar, which made this partnership a natural fit. We are excited to know our products and services are helping America’s SBDC in their endeavor to help entrepreneurs launch and grow businesses in America.”
SBDC offices will use the donation to access the Business Valuation tool as needed, which can be extremely valuable to both aspiring entrepreneurs wanting to value a business they are interested in purchasing, or to help an existing small business owner determine what their business may be worth. BizBuySell is also providing each office with access to their wide variety of educational resources to help members learn more about the detailed process of buying or selling a business.
“Gaining access to BizBuySell’s vast array of valuation tools and educational material will be a huge benefit to each and every member across the nation,” Tee Rowe, President of America’s SBDC said. “Our counselors will now be even more prepared to help our small business clients wade through the sometimes overwhelming process of buying, selling or just valuing a small business.”
BizBuySell is the Internet’s largest business for sale marketplace. Since 1996, BizBuySell has offered tools that make it easy for business owners and brokers to sell a business, and potential buyers to find the business of their dreams. BizBuySell currently has an inventory of approximately 45,000 businesses – spanning 80 countries – for sale at any one time and receives more than 1 million monthly visits. The site also features an extensive franchise directory as well as an easy-to-use business valuation tool. Please visit BizBuySell for more information.
BizBuySell was founded in 1996 and in 2012 became a division of CoStar Group, Inc. (NASDAQ – CSGP) – commercial real estate’s leading provider of information and analytic services. CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information and offers a suite of online services enabling clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. For more information, visit http://www.costar.com.
About America’s Small Business Development Centers
America’s Small Business Development Center Network is the most comprehensive small business assistance network in the United States and its territories. The mission of the network is to help new entrepreneurs realize their dream of business ownership, and assist existing businesses to remain competitive in the complex marketplace of an ever-changing global economy.
Hosted by leading universities, colleges and state economic development agencies, and funded in part through a partnership with the U.S. Small Business Administration, approximately 1,000 service centers are available to provide no-cost business consulting and low-cost training.
The mission of America’s SBDC is to represent the collective interest of our members by promoting, informing, supporting and continuously improving the SBDC network. America’s SBDC network delivers nationwide educational assistance to strengthen small/medium business management, thereby contributing to the growth of local, state and national economies. To learn more, visit http://www.asbdc-us.org.