And everything else needed to run a business
All niche processes and custom integrations
Most business administration is fully automatic including accounting, HR, supply etc.
Suppliers, marketplaces, ads
Marketplaces, ECommerce, POS, ads, information sharing
Generates and sends tax returns without need for accounting or deep regulations knowledge
Xero went for IPO in 2007. They were at the similar point where Flow2b is now. Although they had 100 customers at the moment, the customers were acquired from the co-founder's accounting firm and the sales process was not repetitive.
More than 1M subscribers. Less than 1% of target addressable market worldwide.
If you would've invested just US$10K in Xero in 2007, it would be US$1.17M now
Accounting is just a small part of Flow2b. A business can use Flow2b without an accountant, unlike Xero. Flow2b provides massive benefits to businesses, not only allows to comply with tax regulations.
Series A criteria if we do not achieve self-sustainable growth at this stage.
Most customers will pay annually in advance instantly covering their acquisition cost.
Many features can be developed in parallel. Development is easily scalable.
Prepare infrastructure, improve stability, quality, performance, on-boarding and UI.