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SAAS TOOLS
| SaaS | URL | Category | Features/Notes |
|---|---|---|---|
| Flippa | Business Marketplace | Platform for buying/selling small startups and micro businesses |
USER NEEDS
Pain Points:
- Lack of experience in buying/selling businesses
- Risk of losing money through SBA loans if business fails
- Difficulty in researching market trends for new businesses
- Underestimating business expenses
- Poor work-life balance as a business owner
Problems to Solve:
- How to gain experience in business acquisition without prior knowledge
- How to research market viability (e.g., foot traffic for boba shop)
- How to find trustworthy M&A advisors/brokers
- How to finance a business purchase with limited capital ($15k)
Potential Solutions:
- Hire M&A experts/business brokers for guidance
- Work in the target industry first (e.g., 6 months in a boba shop)
- Read educational books (e.g., 'Buy Then Build', 'HBR Guide to Buying a Small Business')
- Listen to acquisition-focused podcasts (e.g., Acquisitions Anonymous, Acquiring Minds, Inspired or Acquired)
- Start with low-cost businesses like vintage/thrift stores
- Use real estate (house) as collateral for loans
GROWTH FACTORS
Effective Strategies:
- Acquiring established businesses rather than starting from scratch
- Using SBA loans for financing larger acquisitions
- Starting with smaller, low-risk businesses to gain experience
Marketing & Acquisition:
- Networking with industry professionals to discover acquisition opportunities
- Leveraging business marketplaces like Flippa for micro-business acquisitions
Monetization & Product:
- Targeting businesses with $300k-$350k SDE for $1M acquisitions
- Ensuring sufficient working capital (15% down payment recommended)
- Focusing on businesses with manageable owner workload
User Engagement:
- Participating in specialized subreddits (e.g., r/SellMyBusiness, r/buyingabusiness) for community knowledge
- Learning from experienced members through direct messaging and content review