Balance Sheet
The daily newsletter for the world's most ambitious finance teams.
List size
1469
Monthly revenue
$1100
Asking price
$3000
Description
A Morning Brew-esque daily newsletter for CFOs, with curated macro news and commentary, a market snapshot, and curated deep dives into financial/business topics.
Open rate
32.5%
Click rate
6.9%
Churn rate
0.14%
Niche
Finance
Frequency
Daily
Number of issues written
311
Time to write per issue
2h
Words per newsletter
400
New subscribers per month
64
Geographics
Traffic channels
Email, website, Reddit, Facebook, Twitter
Type of traffic
Organic
Subscribers
Demographics
accountants, CFOs, people interested in finance/business news, 25-45ish
Average revenue/mo in the last 6 months
$1100
Average expenses/mo in the last 6 months
$1200
Average profit/mo in the last 6 months
$-100
About the monetization of the newsletter
Balance Sheet is not consistently monetized. However, our one long form piece of content – a research report entitled "The CFO State of the Market 2023" was sponsored by Pigment (https://www.gopigment.com/) for $7,000.
Paying subscribers
0
Weaknesses
Slow growth and no monetisation. Essentially, it's been neglected, owing to business resource and priorities.
Consequently, a small audience.
Strengths
Editorial content. Witty and engaging bitesize content, delivered daily to readers. Our editor, who writes Balance Sheet, is ex-Bloomberg and synthesises business/finance news with an overlay for our CFO and finance-lead audience.
Readership. A high-quality and retained readership that has continued to steadily grow over time, almost entirely organically.
Recognisable brand. Despite being small, Balance Sheet has a compelling and memorable brand that draws together its written identity and a visual encapsulation of that.
A specific and focused audience. Balance Sheet is for CFOs and finance leaders, and to date that readership has been engaged (providing feedback when asked). There is a lot more room to run here.
Opportunities
If we were keeping Balance Sheet, we'd focus on a monetisation strategy centred on growth (paid + social brand-building) and then sponsorship.
Last 3 issues
Tech stack
Beehiiv
Reason for selling
We do not have the bandwidth in-house to do Balance Sheet and its potential justice.
Action required to keep newsletter working?
Managing the writer, and a focus on further monetisation.
Included in the sale
Email List, Beehiiv Account, Domain Name, Creative assets (to include logos, graphics and motion graphics)
Support post sale
A handover call, and an introduction to our current writer.
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