Demand for business valuations soar
Bstar’s accounting industry insights confirm the demand for business valuations is soaring during COVID-19. Succession planning is one of the main triggers for this, as owners are starting to realise their own mortality and take action to reduce stress, share risks and workloads.
Patented business valuation tool
Streamline your valuation services process, reduce professional risks and attract new clients by accessing Bstar’s Business Valuation Tool and Benchmarks. The Tool uses a patented algorithm that scientifically determines the profit multiple or capitalisation rate when valuing a business.
Patents have been secured in Australia, New Zealand, Canada and the United States of America.
Industry valuation benchmarks
By subscribing to the Business Valuation Tool, you will also have access to one of the largest SME valuation benchmark databases that increases by 50 – 200 new valuations each month. This means, as part of your valuation services process, you are able to compare your profit, cap rate and value amounts to your clients’ industry average and benchmark. These benchmarks will protect the integrity of your value assessment as they closely align to what businesses are buying and selling for on the open market.
Bstar provides a defined framework that we can scale
"We were offering Business Advisory services to our clients, but we didn’t have a structured and repeatable way to deliver on a consistent basis. Bstar provides a defined framework that we can scale, ensuring we deliver what we say will to our clients each and every time. Without Bstar, we wouldn’t be able to offer the suite of Business Advisory Services we do today, meaning we’d miss out on a huge opportunity to grow both our business, and our client’s businesses."
Drue Schofield, 4Front Accountants
The Bstar process and tools align perfectly with our delivery model
"We appreciate the value in systemising an offering and Bstar was fundamental in allowing our practice to do that. The Bstar process and tools align perfectly with our delivery model and provide structure to what has always been an adhoc and somewhat intuitive process."
Jared Favero, Godbee Favero
"We see the value in partnering with industry experts and access to data that assists our clients (and ourselves) identify KPIs appropriate to their situation."
Matt Connor, Medical Financial Group
The latest and best tools to assist our clients prosper and grow successfully
"To be able to provide our clients with the best possible advice and support we can, in choosing Bstar to partner with we are confident that we will have the latest and best tools to assist our clients prosper and grow successfully in any future business plans they have. We want to provide a value-added service to our clients for whom we are currently providing compliance services, in the ever increasingly complex business environment, we believe that our role is even more important as being a trusted adviser to our clients and assisting them in their future decisions."
Stephen Noble, SJN Chartered Accountants
Bstar support their Alliance Partners to help them achieve results
"We made the decision to become a Bstar Alliance Partner for several reasons. First and foremost, product quality and development, Bstar is a well-respected brand in the business arena and Support. Bstar stand behind their product and support their Alliance Partners to help them achieve results. It’s very personalised and genuine and both are happy to pass on a wealth of knowledge and experience."
Tony Kolker & Rob Femia, ROCG Stirling