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September 11, 2014
Dallas, Texas – September 11, 2014 – PlanIt Business (“PIB” or planitbusiness.com), a leading value-added and strategic business plan consulting company, is happy to announce that Eric Kim (CEO and Founder of PIB) presented a workshop on “How to Value Start Ups” for the 1,400 counselors of the SBDC. The topics for the workshop included:
• Why is valuation important for a startup?
• How important is the forecast?
• What is a Discounted Cash Flow model?
• How do you calculate the Discount Rate?
• How do you use publicly traded comps?
• How do VCs value a startup?
The 34th Annual SBDC Conference was held at the Gaylord Texan Hotel and Convention Center in Grapevine, Texas. Other participants included MicroSoft, Intuit, Google, Facebook. Conference highlights can be viewed at https://www.youtube.com/watch?v=dRLiNqerhTA.
America’s SBDC represents America’s nationwide network of Small Business Development Centers (SBDCs) – the most comprehensive small business assistance network in the United States and its territories. The mission of America’s nationwide network of SBDCs is to help new entrepreneurs realize the dream of business ownership, and to assist existing businesses to remain competitive in the complex marketplace of an ever-changing global economy.
PlanIt Business (“PIB”) is a leading business plan writing service, created to provide entrepreneurs, start ups and small – medium sized companies with high quality, customized and value-added, strategic business plans and a link to capital funding through its exclusive investor partner network, which consists of venture capital firms, crowd funding services, brokers, bankers and high net wealth accredited investors. In addition, PIB provides financial projection models, board presentations, Private Placement Memoranda (“PPMs”), Valuation and transaction support services including due diligence services. PlanIt Business is a subsidiary of ELK Partners LLC and is headquartered in Dallas, TX.