Question

Consider the overall merits of the proposed digital business Saas investment by the CEO’s Company into the UK.

Answer 1

SaaS companies are IT businesses that remove the need for an organization to install their own software and hardware in the location of the client. They usually also provide technical support, licensing for the software and installation services.

The good things about these businesses are that they can be done remotely, the payment for the customers is more flexible as the make a less long-term investment with monthly subscription payments, have different levels of features for different prices and different uses. The updates are automatics so the SaaS company won’t have to contract as many IT workers and also take something off the customer's shoulders. They are accessible on a large scale thanks to the Internet.

The thing is that by paying for a digital business SaaS in the UK instead of investing in developing one, you get less control on the software you use and you depend on the services offered by outside vendors.

By investing, you get more control of what you need and more efficient services, as you won’t just be a customer, you’ll be one of the investors and part of the team that sets the course for the project.

The UK is ripe with great opportunities to invest in SaaS services as they have a very wide market to cover and these types of companies are preferred by the local business culture. Many local startups that may need funding are also SaaS providers in the UK, so finding someone to work with won’t be a problem.