CLOUD-BASED ACCOUNTING FOR SMALL BUSINESS
CLOUD-BASED ACCOUNTING FOR SMALL BUSINESS
Manage your accounts quickly and easily,whenever and whenever you need to.
Accounts should be SIMPLE
having trouble keeping track
not getting paid
neglecting their accounts
relying on someone else to mind their business for them
Accounts should be SIMPLE
PROBLEM:it's a CHORE to do your own accounts
CAUSE:tools designed for ACCOUNTANTS
SMALL BUSINESS: 2 million (100%)
SOLE TRADER: 1.3 million (65%)
80,000 (3%) ACCOUNTANT
SOLUTION:
easy to use
easy to access
designed for the rest of us
ORDER
PAYMENT
INVOICE
outstanding orders
best customers
top-selling items
what used to take 15 minutescan now take 30 seconds
system LEARNS as you use it
degree in Mathematics
20 years in Web Development
5 years SMB experience
What customers are saying:
eLEDGER is easy to navigate, with a superior layout to other products
It's nice having everything altogether
This is basically the cost of a few cups of coffee, every month
The most important aspect is workflow
FOCUS SHIFT
PRODUCTDEVELOPMENT
MARKETING&PROMOTION
4
INCOME PROJECTIONS
YEAR 1:1,077 subscriptions($25,698)
YEAR 2:20,660 subscriptions($1,087,601)
YEAR 3:89,584 subscriptions($7,055,271)
MONTHLY SUBSCRIPTION
Executive$12 per user
Associate$8 per user
Partner$10 per partner
Sales are recurring most customers in any given month will be the same customers from the previous month
First month free means payments are in arrears, every month
eLEDGEREBIT Year 1%
Revenue$25,698Cost of Goods Sold$00.00%
Gross Profit$25,698100.00%
Administrative Costs$33,148128.99%
Marketing$4,85018.87%
Professional Fees$48,112187.22%
Employment Costs$61,875240.78%
Non-recurring Costs$6,20024.13%
TOTAL OPERATING COSTS: $154,185600.00%
EBIT-$128,487-500.00%
eLEDGEREBIT Year 2%
Revenue$1,087,601Cost of Goods Sold$00.00%
Gross Profit$1,087,601100.00%
Administrative Costs$38,0263.50%
Marketing$12,1001.11%
Professional Fees$56,4405.19%
Employment Costs$82,5007.59%
Non-recurring Costs$1,2000.11%
TOTAL OPERATING COSTS: $190,26617.49%
EBIT$897,33582.51%
eLEDGEREBIT Year 3%
Revenue$7,055,271Cost of Goods Sold$00.00%
Gross Profit$7,055,271100.00%
Administrative Costs$38,0880.54%
Marketing$70,0000.99%
Professional Fees$56,4400.80%
Employment Costs$82,5001.17%
Non-recurring Costs$3,8000.05%
TOTAL OPERATING COSTS: $250,8283.56%
EBIT$6,804,44396.440%
No Assembly Required
Michael Mehmet CEO and Founder, MEHMETECH pty ltd
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