Business Transition Academy Launches Free, Online Business Valuation Tool

GLOUCESTER, Mass. - Feb. 15, 2019 - PRLog -- Business Transition Academy (BTA) is pleased to announce the launch of a free resource for business owners who are looking to exit or transition out of their businesses – our Free Business Valuation tool. It provides owners with a baseline valuation of their business, which as part of an overall Business Ownership Transition Plan, provides clarity and insight into retirement and estate planning discussions, succession planning, and exit strategies.

According to a Financial Planning Association/CNBC study, over 70% of small business owners have the majority of their wealth tied up in business assets. However, 98% of business owners don't know the value of their company, according to an IBISWorld report on "Business Valuation Firms in the U.S." These are frightening numbers, especially for owners who are planning to cash out of their businesses to fund their future retirement. Not knowing how much your business is worth and not taking the steps to maximize value before you sell could cost you millions and jeopardize your plan for financial independence.

"We're excited to offer this free business valuation tool to owners as part of our business transition planning resources. It's important for business owners to understand what their business is worth today so they know whether and how much they need to grow/maximize value before they can exit," said Jane Johnson, President of Business Transition Academy. "Knowing the true value of your business is critical to planning a successful business ownership transfer and achieving your goals for the long term."

Want to see where you stand? Get your free, baseline valuation here: https://www.btaplans.com/business-valuation-tool

BTA has partnered with BizEquity, the world's only patented and the largest provider of business valuations, to offer this free service. For a small additional fee, owners who complete the free valuation have the option to obtain a very detailed report that can help them further understand their current value, how it compares to others in their industry, and the levers they can use to maximize value.

About Business Transition Academy

Our mission is to assist the owners of privately held companies in making key transition decisions that impact their future as well as the future of their businesses, families, and employees.

As a business owner and co-founder of BTA, Jane Johnson recognized the need to educate business owners about the importance of planning ownership transitions to achieve their goals and ensure business continuity. The challenges Jane experienced with selling her own business in 2004 inspired her to co-author the book Cashing Out of Your Business – Your Last Great Deal.

BTA also offers business transition advisory services to companies with annual revenues of more than $10 million. https://www.btaplans.com.