Ricardo Banda
Saint Charles, MO (USA)
Role(s):
Founder/Owner/Principal
Mobile Business Connection
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Startup
Location:
Saint Charles
Industry:
Technology/Web
Year Founded:
2014
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Company
Description:
Mobile Business is a mobile design & development company creating mobile websites for small to medium sized businesses. We are undergoing a revision of our business model to be a competitor utmost our peers. We offer design & development services for FREE, we charge a $99 one-time processing fee as well as a $59/m hosting fee. Our business model allows us to make money on the back end with residual income.
Competitors with similar business models are reported to be valued at over $450M.
I am looking for an investor to asset me in the growth of this fast and largely growing market. The returns are dependent on the amount of cost per acquisition of a new client.
Example: 1000 new clients = $528,000/m
Profit would depend on CPA
CPA = $1000
Profits: $428,000/yr per 1000 acquired