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.
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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.