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Balance Sheet

The daily newsletter for the world's most ambitious finance teams.

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List size

1469

Monthly revenue

$1100

Asking price

$3000

Niche

Finance

Founded

10/4/2022

Newsletter

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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.

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.