A seed capital investment in an online service provider that offers a cost-effective, outsourced accounting solution for small businessesThe Business
Due to its complex tax laws, Brazil is one of the most expensive and labor intensive countries for accounting services. Almost all small businesses are forced to outsource services to small and mid-sized accounting service providers. These providers cost small businesses several thousand USD per year and weigh on their lean cost structure.
Through a new, innovative and user-friendly online platform that has many simple do-it-yourself functions, small businesses can lower their accounting costs to 30% of the previous expense. The online accounting service collects data directly from the business, filters and corrects entries through a series of algorithms and integrates with an ERP solution. Based upon this system, onthly and yearly accounting and payroll calculations are made and displayed online to the client.
Market
The online platform can host thousands of small business and could be rolled out throughout Brazil. These services are offered for revolutionary low rates.
The Company?s business plan is ready, a prototype of the platform has been tested throughly, and the Company is in the organizational process. The Company is seeking BRL 2m to start up in the São Paulo area. Funds would be used to complete the Company?s website, to open an office with adequate space to service customers, and to launch the media plan.
Sector: Information TechnologySegment: Accounting ServicesRegion: BrazilFinancing Size: $1m to $5mContact: — —
Company: GCE-Gösch Consultoria de Empresas Ltda.Telephone: +55 11 3170 3136Email: [email protected]