Launching Monday, BizTrader.com delivers a new online resource to small businesses that are looking to determine the valuation of their company, find lenders and investors and buy or sell businesses.

"BizTrader.com will serve as an international marketplace where people from around the world can meet online to share ideas, barter services, find professional advice, buy and sell businesses, get foreign investments and much more," says founder and CEO Colby Sambrotto in a statement.

The site, which has been in beta test for a few weeks and goes live on Monday, offers small business owners a range of services for communicating with each other, including blogging, video, RSS, chat boards, and real-time, automated translation between English, Spanish and Chinese. BizTrader.com also provides free business valuation software, which analyzes a company's worth by evaluating financial data alongside historical transactions within the same industries.

Incorporated in September, BizTrader.com is boostrapped by the principals, including Sambrotto, who previously was chief operating officer of ForSaleByOwner.com, acquired by the Tribune Co. in 2006 for undisclosed terms. BizTrader.com expects to seek institutional funding by the end of the year, a spokesperson tells Tech Confidential.
-- Mary Kathleen Flynn

For more on BizTrader.com see April 14 press release
For more on ForSaleByOwner.com see May 2006 post from Tech Confidential