Feedback on Idea: Automated Financial Valuation and Feasibility Study for Startups and SMEs
Since I have been working in the financial field now for almost ten years, I have seen and helped tons of startups and SMEs needing to value their Company or understand the feasibility of their project pre-launch. This is usually required for various reasons, investors, fund raising / capital increase or undertaking a loan to name a few. Most of the time, this usually entails the payment of an amount that is too expensive for the Company at that time (both startups and SMEs). Additionally, sometimes they need a nice report to submit to their stakeholders (shareholders, banks, etc..) The idea I am working on is to create a platform which enables users to perform their own valuation or feasibility study report, by answering a few qualitative and quantitate questions themselves (of-course, I will be explaining the questions that might seem difficult to understand), the pricing of the report will be below the USD100 mark and the report will be around 12-15 pages long which will include all the company details and financial analysis that one would usually need to understand about any business. Also, I will give the users a 30 day access to change their report inputs and generate new reports anytime. At the beginning, I will focus strongly on customer support as I am expecting that users would need help in answering some of their questions plus it would be a great way to get early feedback. What do you think, is that a problem you think might be worth solving?