Backlog: The best way to manage your projects. Wiki, tasks, files all in one place. This is like taking good parts of JIRA and Trello, combined into one tool. You can start for free.
Square: You might have already used Square before – but the company offers a wide range of payment solutions to get your business off the ground, from card payment to invoice to ecommerce.
Business idea “DAOD” – Know Default Alive or Dead. Inspired by Paul Graham. 
As a business owner, the most critical data is the cash left in your bank account. If it goes below zero – your company dies. But you shouldn’t spend too much time on it because you need to run your business. What’s the solution? Meet DADO.
“Instead of starting to ask too late whether you’re default alive or default dead, start asking too early.” – Paul Graham
It’s a simple fintech software to which you can link business bank accounts. It shows you whether you’re default dead or alive by analyzing cash flow, then tells you when your business goes bust or hits break-even – like the Trevor’s tool introduced in the essay. 
There are already tools to track and analyze your revenue automatically. Baremetrics is one example (their Open Startups is worth checking).  Another one is BurnRate, which helps companies to plan & model revenue. 
DAOD targets small business owners and startups as main clients because they don’t have a dedicated finance & accounting team unlike big companies. It makes money through a monthly subscription (targeting: $300-$1000 ARR).
If you have any questions or feedback, let us know so we can improve the content.
If you’d like to share this content with your friends, use the links below.