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SaaS for simplified Goal setting & OKR management. OKR-framework helps companies build a clear roadmap toward success.
Describe your business
This is a micro SaaS product for OKR management & Goal setting. OKRs (or Objectives and Key Results) are a proven framework of how you take your vision, turn it into strategy that you fulfill with your actions. Given the successes a lot of organizations (e.g. Google, LinkedIn, etc.) are already seeing, we want more and more organizations to adopt this methodology. While embracing the methodology is one thing, the ability to manage it effectively is another. This is where our product comes in and allows everyone within the company (from CEO to an associate) in setting up their Objectives & Key Results, aligning these with the OKRs of others in the company, Tracking Progress on a weekly basis, and collaborate in achieving these throughout each quarter.
Why are you selling the business?
I have other projects or businesses I would like to focus on.
What is included in the sale?
What is the technological stack?
React, Node.js, Express, MariaDB, AWS
What actions are required to keep the business working?
This is a fully functional SaaS app with very minimal effort to keep it operational. Buyer just needs to focus on Sales & Marketing.
How does your business make money?
Currently the product is pre-revenue. The pricing starts at $75/mo for company with 5-15 employees. Custom pricing options available for larger companies.
What marketing initiatives have been used for this business?
There hasn't been much effort invested on sales & marketing yet, however we have a few small businesses who are already using the product as well as few users on the free plan. There is a lot of potential for an experienced entrepreneur to take the product and grow it to 6 figures easy.
How can the future owner improve this business?
There is a lot of potential for an experienced entrepreneur to take the product and grow it to 6-7 figures easy. OKR Industry is growing aggressively - market size was estimated at 740M in 2020 and is expected to grow by 12% CAGR to around 1,840M by 2028. So this is a very profitable venture if the buyer puts in the sales & marketing efforts.
Business Start Date
April 2020
Post Sale Support
Yes
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