Financial Projections for New Mobile App Businesses
COMING SOON – Predict how successful your future mobile app can be with the best interactive financial projection simulator for aspiring entrepreneurs.
Quick Facts
With over 6.3 billion smartphone users across the world and 1.14 billion tablet users worldwide, it’s no surprise that the mobile app industry is thriving and showing no signs of slowing down anytime soon. This is encouraging news for app developers, app publishers, and anyone who plans on developing an app.
The average American checks their phone 262 times per day or once every 5.5 minutes and 88% of mobile time is spent on apps.
Mobile apps are expected to generate over $935 billion in revenue in 2023 and 49% of people open an app 11+ times each day.
With Projection Genie and our interactive financial simulator, we help new entrepreneurs avoid launching a poorly planned mobile apps by providing you with the financial analysis and reports you need to determine how to start a financially successful mobile app business before you launch it.
Projection Genie helps aspiring entrepreneurs answer common questions like:
- How much money would I need to start my mobile app business?
- How much will employee wages including payroll taxes and benefits cost me monthly?
- How much revenue would I need to generate for my mobile app business to become profitable?
- When can I expect my mobile app business to become profitable?
- When can I expect my mobile app business to break-even?
- What effect would an increase or decrease in sales have on mobile app business’s profitability?
- What impact would changes to my expenses have on my cash flow?
Not only does Projection Genie help entrepreneurs answer questions like these, it also provides education on common business & finance terminology, recommendations via tooltips, and self-help articles to improve your knowledge and understanding of your potential outcomes while creating multiple simulations and what-if scenarios.
Key Benefits:
- Easy to use. No finance or accounting skills required as calculations are done for you automatically
- Save thousands of dollars. Why pay a Certified Professional Accountant (CPA) $2,000 dollars or more to create financial projections for you when you can do it yourself cheaper, faster, and easier with Projection Genie?
- Avoid headaches. Create financial projections in less than an hour, not over weeks or months
- Avoid starting a potentially unsuccessful mobile app business and losing your investment
Key Features:
- Success Probability Ratings. We give you a snapshot of your mobile app’s probable chances of succeeding financially
- Key Industry Specific Financial Models & Ratios
- Employee & payroll models to help you calculate and put a hiring plan in place (coming soon)
- Access to our Marketing Budget model to help you plan for marketing related business expenses more accurately
- Receive calculations in any currency from around the world
- Downloadable statements, tables, and charts to insert into business plans, reports, and presentations