MagnifyB for Investors
MagnifyB is an outstanding investment opportunity with a huge audience and fundamental problem that needs to be addressed.
The audience
5.7m businesses with fewer than 10 employees.
They employ 9.1m people and generate £930bn in revenues.
They have an average turnover of around £162k.
The problem
In the UK, 60% of SMEs fail within the first three years
300,000 businesses are closing annually.
Just 26% of SMEs sought external help last year and this number is declining.
MagnifyB seeks to address these issues by putting essential information in the hands of SME decision makers, allowing them to compete with larger businesses, educating them on how to better run their business and rewarding them for their time and effort.
