Startup Risk Calculator reveals business risks, provides probability of success, offers strategies to increase likelihood of success
FAYETTEVILLE, AR – November 5, 2012 – EquityNet (www.equitynet.com) announced today the debut of their free Crowdfunding Tools. The release of a Startup Risk Calculator is the first in a series of free crowdfunding tools and will be followed soon by a free Business Valuation Calculator.
The Startup Risk Calculator helps entrepreneurs identify and evaluate business risk and calculates the probability of whether a business will succeed or fail. Free, fast, and easy, the Start Risk Calculator provides business owners a snapshot of their individual business risk profiles based on eight key risk factors.
The Startup Risk Calculator asks questions chosen from the wide-ranging list of questions used in EquityNet’s patented business planning and analysis software Enterprise Analyzer™, and the calculator’s results helps entrepreneurs better understand how to improve their odds of business success. Entrepreneurs answer questions that deal with amount of capital investment; difficulty in obtaining funds; quality of financial management; degree of business planning; annual industry growth rate; management experience; and industry experience. The Calculator immediately generates the company’s odds for success (defined as the business still operating) within a given timeframe identified by the business owner. The results are based on real-world data gathered by EquityNet from over 500,000 businesses across North America.