Most BV firms don’t spend a lot of time on their websites, but blogging grows

BVWireIssue #103-3
April 20, 2011

Here's an interesting fact from the new 2011 BV Firm Economics and Best Practices SurveyMost firms with websites are not actively updating them.  As shown in the table below, the bulk of business valuation firm web sites are relatively static—increasingly so, in fact.  This tends to reduce the likelihood that these web sites will come up in natural search results in Google.  It also suggests that BV firms receive relatively little new business through their web sites, compared to other businesses.  So, it’s tough to dedicate the time or resources necessary to make the sites more compelling.  In the meantime, more and more firms (or individual appraisers) are turning to blogs as a way to attract web traffic—5% of firms responding claim to have a business valuation-related blog.

How often do you update the content on your website?

 

2010

2008

2006

Daily

0.6%

0.6%

0.8%

At least weekly

4.8%

2.2%

4.2%

At least monthly

11.5%

19.1%

25.2%

Less than monthly

73.9%

69.1%

69.7%

Please let us know if you have any comments about this article or enhancements you would like to see.