Questions & Answers

Q: I am trying to use the 7 day free trial to evaluate this program. I cannot get past the terms and conditions without registration information. What am I missing?

A: Make sure you have macros enabled. With Macros enabled you will be presented with an input sheet. To adjust macro security levels from Excel go Tools, Macro, Security, Security Level. It is recommended that you select Security Level as Medium. When you open software with macros and Security Level is set as Medium you are presented with a message advising that the software contains macros with a prompt to Disable or Enable Macros. Once you have made your adjustment close Excel and reopen, then when prompted click Enable Macros. For additional details on macros please search on macros in the Question and Answer Items https://bizpep.com/qac.php .

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Q: How do I "unprotect" this excel file. I need to make changes to the headings?

A: You can change the labels that appear in blue cells on the input sheet and these changes will be passed through out the software. Input cells (blue) are not protected and are the only cells that should be changed for the software to function correctly. As outlined in the Terms and Conditions and Frequently Asked Questions page all non-input cells and Visual Basic code are protected to ensure integrity and protect source code. We do offer Commercial licenses for the use of software for inter-business support, advice, or consulting and upon request with a Commercial license can provide an unprotected software version allowing you to view the formula applied and access cell contents to enhance your knowledge of software operation (macros remain protected). Our standard Non-Commercial license is for private and internal business use only. You can upgrade from a Non-Commercial license to a Commercial license at https://bizpep.com/upgrade.html .

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Q: I have recently downloaded the software on to a new PC and it will not now accept my registration details?

A: Registration details are only valid with the software version for which they were purchased. If you purchased your license before February 2004 you will need to download the previous Business Valuation Model Excel software version and use your registration details with this. You can download from https://bizpep.com/superseded.html .

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Q: I downloaded the 7 day free evaluation version today. When I try to open it, I simply get an Excel spreadsheet. Doesn't seem to be any special software package, so I can't tell anything about it. What am I doing wrong?

A: The software is in Excel format, it includes formula and calculations to determine the forecast and valuation. Simply start on the input sheet and input your data into the blue cells. The forecast and valuation will be calculated. Full instructions are provided in the help file.

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Q: I am evaluating your business valuation software with a view of buying it. Since I am not a financial type I have a question. When I input the information I am getting a negative number for the expected valuation. Does this mean the business is no good?

A: A negative valuation basically means that to provide the required return the vendor needs to pay you to take the business of their hands. But remember that by changing the required return (decreasing it in this case) the valuation will change. What you need to determine is what return is acceptable to you considering the business, associated risk, and your situation. From the required return the value of the business will be calculated. If the valuation is positive the business is viable at that price. If the valuation is negative the business is not worth anything.

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