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I have this great idea for an app. It is going to be a social mobile local play with an on-demand cloud subscription revenue component. It’s more of a b2b than a b2c play but there is still an opportunity for more. I anticipate revenues of more than one million dollars in the first year and think that a likely acquisition could come from one of the big accounting firms. What the app does is primarily helps end users to focus on the priority of tasking a debits and credits system to the appropriate end point. By using it we save them time and money and help them to create a new workflow in their workplace. With a customer that has a minimum of forty transactions each week that need to be classed and recorded we anticipate that this product could save the average firm more than four work hours per client. The end result is better reporting, better accountability, an easier to use system and happier customers.
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