Facts and Figures
My statement is an accounts receivable automation service. Founded in 2018, this business currently enjoys average revenue of $500 and profits of $300 per month. This is a good business for any buyer looking to enter the SaaS niche. To build a similar system would cost approximately $120k and would require many months of development from multiple developers, making this business a bargain at its current price.
How does your business make money?
Software As a Service , Subscription based on how many invoices a client has to collect.
Why should someone buy this business?
My Statement is a powerful back-office SaaS that analyze transaction and behavioural patterns to help Businesses get paid faster, boost finance team productivity, manage customer risk, and predict cash flow with greater accuracy.
How can the future owner improve this business?
Launch in a bigger market
- High Barrier of Entry to Market
- High levels of Automation
- High Profit Margins
- Positive Customer Reviews
- Strong Recuring Revenue
Opportunities for a new owner
- Start Selling into New Markets
- Improve Current Marketing Efforts
- Advance or Explore Retail / Distribution Partnerships
Key day-to-day operations
- Customer Support / Service
- Website Maintenance
- Content marketing
- Customer Referral Program
- Word of Mouth
Post sale support
This is support provided by the seller when transitioning the business to a buyer.
About the Seller
I Build products to solve problems