Financial Projections for New Retail and E-commerce Businesses
COMING SOON – Predict how successful your future retail or e-commerce business can be with the best interactive financial projection simulator for aspiring entrepreneurs.
Quick Facts
According to Zippia, as of 2022, total global retail sales are valued at a whopping $26.7 trillion.
In the U.S. alone, there are over 1 million brick-and-mortar retail establishments.
E-commerce is expected to account for 24% of all retail sales by 2026. With an expected growth rate of 9.7%, it’s a great time to start a new business in the retail industry.
However, since 20% of new businesses fail within their first year, starting any business without a plan is a bad idea. With Projection Genie and our interactive financial simulator, we help new entrepreneurs avoid launching a poorly planned retail and e-commerce businesses by providing you with the financial analysis and reports you need to determine how to start a financially successful business before you launch it.
Projection Genie helps aspiring entrepreneurs answer common questions like:
- How much money would I need to start my retail/e-commerce business?
- How much will employee wages including payroll taxes and benefits cost me monthly?
- How much revenue would I need to generate for my retail/e-commerce business to become profitable?
- When can I expect my retail/e-commerce business to become profitable?
- When can I expect my retail/e-commerce business to break-even?
- What effect would an increase or decrease in sales have on retail/e-commerce 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 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 easily with Projection Genie
- Avoid headaches. Create financial projections in less than an hour, not over weeks or months
- Avoid starting a potentially unsuccessful business and losing your investment
Key Features:
- Success Probability Ratings. We give you a snapshot of your retail/e-commerce business’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, & charts to insert into business plans, reports, and presentations