How to Flip a SaaS Business [8 Actionable Steps]

If you’re considering buying and flipping a SaaS business, we’ve outlined several steps below to help you accomplish a successful flip.

Whatever has demand is viable.

And focus on the ones that have negative reviews due to poor or non-existent customer service.

Throw out any app with less than 100 reviews, apps that don’t charge, scams, or broken ones.

They’ll likely be desperate because their business isn’t doing well, so you’ll have more leverage in the negotiation.

Find missing features and what could be improved.

Then, once you have a deal, start surveying customers on missing features and what can be improved.

Hire a developer and start improving the app. (Or do it on your own if that’s your thing.)

And do it yourself. This will give a glance of what customers need.

Reply fast, even if it means working on weekends or late in the day.

Take care of both the technical and content side.

Putting two pieces of content every week should help get the ball rolling and add up to 100 lines in the water over the course of a year.

And look for areas where you can offer more value and raise your prices.

…get a valuation of it on online business marketplaces.

We have a list of the best places to sell a business or find the value of a digital property located here.

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