Outright “Your small business simplified” By: Joshua LaCroix.

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Presentation transcript:

Outright “Your small business simplified” By: Joshua LaCroix

Business Overview  Designed by Kevin Reeth & Ben Curren (Former Intuit employees)  Designed to integrate business information from different sources  Over 200,000 customers  Bought by Go Daddy in July 2012  QuickBooks alternative  Cloud based as well as phone app

 Outright accesses and acquires all data from external sources (EBay, PayPal, Amazon, Credit Cards, Bank Accounts, etc.) and tracks expenses and profits recorded through these sources and by manual entry of sale.  Uses 256-bit SSL security as well as monitoring through Go Daddy, McAfee, and TRUSTe.  No worries about losing data with automatic cloud backups.  Can’t be used to transfer funds (Read-only program)

 Online accounting  Online bookkeeping  Continuously tracks profit and losses  Monitors customer and inventory activity  Accountant can view information directly off website so no printing is necessary  Creates and files your Schedule C automatically  Monitors and estimates taxes  Files easily edited without exporting files

The problem? Dave sells marine and industrial equipment for resale and purchases inventory from many sources; EBay, Amazon, distributors, Cash sales, etc. and needs an “On the go” system to help track his expenses. Costs are rarely the same so making the process short and easy is the end goal. Wants to see live profit and loss as well as expense charts and to make taxes easier.

Solution  Starting January 1, 2013 with Outright program (or beginning of fiscal year)  The program will tie itself into bank accounts, credit cards, and external merchants and begin to track sales and expenses  Outright can be accessed from any computer (Mac or PC with internet connection and the app is available in the App Store [not available for Droid])  Outright has a gallery of videos walking you through each and every process.

 Live customer support available with detailed FAQ section and a community discussion board for members to communicate with common issues or concerns.

Budget  $9.95/month ($119.40/ year)  Training  Users learn the program in an average of hours without how-to videos- 3-4 hours with watching the how-to videos.  Dave is a 1-man business, however if his daughter, or another individual, is working for him it would cost him approximately$100.00* per employee to learn the software. *(Based on a $25.00/hour pay)