Date
- Name of Business
MagnifyB Limited - Who are you?
Simon Groom, CEO & Co-Founder - What sets you apart from the competition?
We have developed a unique SaaS-based, AI-driven online platform for SME businesses, which baselines, benchmarks and educates you and your business. - How did the business come about?
We kept coming across small businesses who "Didn't know what they didn't know" and couldn;t afford business consultant rates, so we decided to do something about it! - What are your main target markets?
Through Channel Partners (Accountants, Business Coaches/Advisers/consultants, Membership Orgs), we are targeting the 2.8m SMEs who currently have - and use - a proper finance system (e.g. Xero or Quickbooks). - How long has your business been in existence?
Established in 2021, but trading this year. - How many staff do you employ?
3 FT staff plus 6 Fractional employees (New posh word for PT!) - · What job or achievement makes you most proud?
What makes me most proud is how well adjusted my 2 daughters turned out (despite my efforts?!), but in business, probably creating MagnifyB with my Co-Founder and managing its emergence as a proper tech company. - Where do you see the business being in five years?
Sold! We have a cunning plan.........! - Tell us one interesting thing about the business that might surprise us?
It is named in the very recent Report from The Small Business Coalition to government, stating that we (along with 7 far more illustrious businesses, such as FreeAgent (Natwest)) are an example of how digital applications can support Making Tax Digital (MTD) across the UK.. - Tell us one interesting thing about you that people might not know? (ie, hobbies, amusing fact, etc)
My Mother's doctor was one of the world's most prolific serial killers & my wife briefly worked with him (Have a guess who?!) - Fantasy dinner party – which six people alive or dead would you invite?
Professor Brian Cox, Professor Stephen Hawking, Nicolai Tesla, Albert Einstein, Isaac Asimov - Yes, I love space, science, technology & Science-fiction!