Sorry, your browser is not supported
To have the best experience using Skillshare, we recommend that you use one of these supported browsers.

Small Business Intimacy Through Analysis

Small Businesses rarely have the resources to access good financial statement analysis. Financial statement analysis allows business owners to empower themselves with knowledge of what's working and what is not working with their business, identify trends, and it also allows the business owner to make quick decisions or make long term strategic decisions that will promote the health and longevity of their company.

The interpretation of financial data is critical, but what is of equal importance is the presentation of the data. Data aesthetics coupled with simplistic presentation will ensure that small business owners without a financial or accounting background can easily understand their business' financial standing.

My app/website will be a landing site for small businesses to upload their periodic financial statements, so I can perform a financial analysis and then present the analysis to the owner/manager in a simple and visually well designed format that will illuminate their business' health in lay terms.    

My user stories would look like:

  1. As a small business owner, I’d like to easily upload my financial statements in excel, PDF or word files.
  2. As a small business owner, I’d only like to focus on an analysis of my profitability in comparison to other companies like mine in my industry.
  3. As a small business owner, I’d like to know exacly what I’m getting in return for the fee I'm paying.
  4. As a small business owner, I’d like to be re assured that my data is going to be protected.
  5. As a small business owner, I’d like to know the credentials of the person writing my analysis.

My Wizard of Oz moments are very Middleman. Writing and presenting the analyses myself are core components to my project. Automating an analytical presentation the way and format that I'd put my stamp of approval on can be done, but massive coding resources would be needed. Another wonderful caveat would be my analytical prowess and experience growing to be imense, and my experience would personally serve me well no matter whatever outcome befalls the project.  

  

Comments

Please sign in or sign up to comment.