Press Room

2/21/2011

Press Release - EquityNet Releases New Version of Enterprise Analyzer™ Software for Entrepreneurs

Fayetteville, AR – EquityNet, LLC announced today the release of a completely redesigned and easier-to-use version of its Enterprise Analyzer™ software for entrepreneurs to use in planning a business and producing a winning business plan. This release includes a complete restructuring of the business planning and plan creation process for entrepreneurs. Based on early performance measurements, the new software design has achieved a 3X improvement in business plan completion rates and reduced the time required to complete a business plan input by 75%, from an average of 10 hours to just 3 hours.

 

According to EquityNet’s Chief Technology Officer, Josh Eno, “Before entrepreneurs were taking days and even weeks to input their business information and projections. Now we're seeing entrepreneurs complete a plan input in the same day. With our market-leading and patented capabilities, we are now seeking to fully capitalize on our much-improved business plan creation process and resulting entrepreneur adoption.”

 

Founder and CEO of StartupNation.com, Rich Sloan, stated that "EquityNet has created the new standard in business planning" while entrepreneur Elinor Haider, CEO of NovaThermal Energy, describes the new release and business plan creation process as "easy to use, intuitive, and the Business Plan Analysis is powerful." The new release features a redesigned business plan creation process, which includes a simplified user interface, over 100 educational help notes to guide entrepreneurs through the plan creation process, additional educational tutorial videos, and much more.

 

------

 

EquityNet’s patented business planning and analysis software, Enterprise Analyzer™, is the world’s first automated system that analyzes and compares privately-held businesses, benchmarks and validates a wide range of business parameters against those of peer businesses, estimates business valuation based on over 3,000 private and public market ratios and factors, and statistically estimates 10 dimensions of business risk based on over 500,000 actual cases of business failure and success.