Rightanswer

2900 Rodd St # 1911, Midland, MI 48641

Midland, Michigan, United States

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About

meet their complex, cross-functional, regulatory and implementation needs. Our mission is to deliver reliable, robust and flexible SaaS solutions and their supporting services to cost-effectively meet our customers’ requirements. RightAnswer has two business areas: Document Solutions and Knowledge Solutions, offering industrial labeling, SDS, and regulatory information. Our corporate offices are located in Midland, Michigan, with technology development in Washington and Michigan, and sales offices in Michigan, Florida, Illinois, and Colorado.

💳
Credit Cards
Cash
🅿️
Parking
Street Parking, Yes
Wheelchair Accessible
Parking, Yes
📶
Wi-Fi
Yes
Categories: Software Company.
ISIC Codes: 4741.

Market analysis

Earning above its category median in a growing category (Software Company).

EstimateCategory trend: 2021, +8.7%

Revenue trend (modeled)

~$1.4M2019
~$1.4M2020
~$1.5M2021
~$1.7M2022
~$1.8M2023
~$1.8M2024
Modeled from category averages for the region+5.8%/yr since 201980% confidence band: ±68%

Company profile

Incorporated2009 (MI)
Employees (reported band)12-17
Observed

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Software Company in Michigan2,373~$11.4B~$4.8M~$1.1M5.0★1.6×
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure35 chains expanding in this category, led by metroPCS, At&t, Att (+1,206 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)196~$235.1M~$1.2M~$436.1K1,324~$86.4M4.2×
Wholesale and retail trade; repair of motor vehicles and motorcycles25~$57.6M~$2.3M144

1 km area (all businesses): median from the 159 of 196 businesses with estimates

Estimate
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