I built this super simple website to paint a general picture of my business idea. Id like to create a platform that tracks the payments of seller financed products. Like if I buy a business and the owner finances it to me, Id like a single place to track all the payments instead of manually updating a spreadsheet.
Check it out, let me know your thoughts
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Been thinking about same concept too
Beautifully outlined
Great idea. Your execution of the website structure should be simplified though. Here’s the breakdown I’d prefer:
First fold: Hero Copy (the solution your business offers) with an intro of your service in 1-2 lines
Second fold: Who you are?
Third fold: who do you benefit?
Fourth fold: How it works?
Fifth fold: case studies/testimonials
sixth fold: Join us or register your interest with a form that asks for name, number, and email.
And you need very good website design and functionality - it will legitimize your idea and show that you know your shit. I’d suggest you pick a simple template from wordpress/squarespace or any website builder and work on it. For starters, write good content, and use keywords that people search actively in your content so that when somebody does a Google search your website pops up.
This is great thank you.
Target market appears to be mom and pop looking to retire and consumers.
I have some questions about market potential.
For example, the cash from selling a business usually represents a significant portion of a mom and pop’s retirement nest egg.
Most do not want the business to become a ball and chain around their neck by holding paper. They want the money.
How many ex-friends are there who owe their ex-friends money? What is probability of collecting on judgment from small claims?
How hard is it to evict someone who might then become a squatter?
Moreover, how do you plan to make money? Will consumers be willing to pay transaction fees great enough for you to turn a profit (i.e. 5 percent or so)?
Anyone selling a business shouldnt be looking for a lump sum payout unless selling to another business, unless you have a specific niche that has a lot of cash heavy investors like storage unit rentals. Reasonable expectation is getting paid out within 5 years of the sale.