Whilst doing an assignment/report on GrainCorp regarding financial statement analysis. A random business idea came to mind.
I know that there are providers like Morningstar and the similar providers of analysis information. But what if you were to create a business that offered it in a more customised format. Usually those providers are quite generic across all companies.
What if you as a user went to this certain business, you checked tick boxes depending on the amount of information you require and wished to spend.
Things like 5 years worth of analysis is more costly than 1 or 2 years for example. Other things like adjusted accounts are worth more than just the raw financial data provided. ie - adjusted accounts would remove any non-recurring events, pick holes in reports/notes etc. Whereas the raw version is as presented on the annual report.
I'm sure you could implement other things to separate yourself from the big service providers and customise it more to the customers requirements.
I thought you would need to tread lightly if you were to not have an AFS licence. Otherwise if you had one, the user could pay more for recommendations such as 'buy hard (at x price), buy, accumulate (b/w x price), sell and sell hard.
I believe the make it or break part would be in 1) the price and 2) the value of what you're actually paying for is worth it (especially the more advanced/more expensive analysis).
So what do you think would make it work and not make it work? - It would be bloody time consuming I know that much. Most likely fulfilling at the same time.