Will Writing Software Application For Sale

Business description

This propriety will writing software application comprises of a comprehensive set of legal precedents which are held in a series of templates; and complementary management software that runs and organizes the templates. This is provided by a third party provider.

Background
The software is very well established and is used by serious and professional will writers. Will writers are involved in providing complex trust wordings and estate planning solutions for their clients.

A key benefit of this software, held in high regard by users is the importance in their drafting of wills, to edit one of these complex documents ‘live’. This provides the maximum flexibility for professional will writers.

As the software has been challenged in its position as a significant market solution, investment has been made in upgrading and continually improving the software.

A great deal of thought has gone into the application’s design and it has been of continuing importance to maintain the most successful qualities of the software. Features include:

• the extensive range of legal precedents embedded in the software which enabled professional will drafters to utilize the maximum number of options in drafting wills. This meant that will writers could satisfy any request, no matter how demanding.

• An extensive range of documentation is also retained in the new software. In the past, many will writers purchased a separate will software package in addition to using Perfect Will.

• The ability to edit the will ‘live’

• Using the answer files plus the draft wills are presented in a word processing format. The new software utilizes both Word and WordPerfect formats, which provides additional flexibility on editing the will [i.e. ease of data storage and retrieval of data]

• A modem installation programme has now been incorporated into the software

• The software has full and stringent copy protection which enables the purchaser of the software to have their will document assets protected and this means hat they can derive an income on an ongoing basis annually from this.










This updated version of the software has been extensively beta tested and the last fixes are now resolved after this intense period of rigorous testing.

The current price of the product is £499 + VAT and has been restricted to a small number of users for testing purposes.
Software development is carried out by a well known software development company, who have an excellent reputation and are an approved supplier to the Law Society.

It is recommended the software package is retailed at £995 + VAT to include 1 day’s training and the essential handbook. This is a substantial hardback manual also available in pdf format and will be available for review soon. A considerable amount of time has been spent ensuring it is in a user friendly format encapsulating screen shots.

The software has received many acclaims in the past and as a result of continuous development and refinement probably the most flexible and powerful will writing tool in the market.

“…the scope and the power of the programme has enabled me to establish a very good business… without (it) and the training I received I would not have achieved the success that I have so quickly.”

Effectively this software combined with a comprehensive and compact training programme enables those in the will writing profession to maintain not only the quality and timeliness of their service offering but by these virtues empower service quality.

Property information

Location:

The vendors arelocated in an easily accessible area in Berkshire – the current premises are not available.

Business Operation

Expansion potential:

This is an outstanding opportunity to build on the existing business levels and customer base of this company. With a strong demand for this software product, combined with a capacity to increase marketing and turnover, perhaps allied to complementary service offerings; a new owner contributing fresh ideas will have every advantage of building on an excellent platform.

Competition / Market:

The vendors have in the past used considerable direct marketing initiatives and there are excellent opportunities to maintain and increase this and other marketing activities to market the business more aggressively and to significantly increase turnover. A high proportion of revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation.

Reasons for selling:

As a result of a recent internal operations review, the software is no longer considered core to the vendors’ current business activities and is therefore available for sale allowing the vendors to follow other avenues of commercial interest.

Other information

Support & training:

The current owner will provide all necessary training and all relevant contacts to allow continuity of trading.