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
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.