What to consider before starting a SaaS business: A 2x2 matrix to guide you.

Based in Dhaka, We are a Creative SaaS & Web Development Company with a specialty in eCommerce.
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Based in Dhaka, We are a Creative SaaS & Web Development Company with a specialty in eCommerce.
From technical writing to business, we do it all.
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RE: Is the problem you are trying to solve big and frequent enough that it is viable to build a SaaS around it? Let's use the 2x2 metric provided above to determine it.
Big & Infrequent - a massive pain when it occurs, but frequency is low. It is a pleasant location for a SaaS to be! Travel planning and financial reporting are two examples.
Small & Frequent - Not a major issue, but as it occurs too frequently, it becomes problematic. Examples - Expense tracking, data visualization (could be solved through SaaS).
(A short tip/observation: if organizations are still using Excel too often to solve a certain problem, but your SaaS offers a solution, you're probably on the right track.)
Large and frequent - the ideal location to be! Project Management (tool) is a great example for this one.
Small and infrequent - not worth attending.
The next time you think of starting a SaaS business, consider taking a look into these types of metric systems. In this way, you’ll be able to “take decisions from a state of awareness, and not ignorance.”