Hello, do you have any experience forecasting for subscription-based businesses?
We are startups and need 5 years projections
Where will the company's profits come from?
1 - subscription options (£99.99 monthly, £249.99 three-month plan, or £699.99 yearly plan).
2) on the main page of the app, there will be a little box that can be used to promote in
exchange for a service charge (see attached image).
Can you write up how much money will the app generate by running ads ( research
has not been done )
Please ignore the financial part , the guy who did it , didn’t know how to do it .
For the app to make a good revenue, we would need at least 100 people subscribed to each
of the plans monthly.
For the app to make a good revenue, we would need at least 100 people subscribed to each
of the plans monthly.
The photo I supplied you shows £104,997.00 in income from 100 persons subscribed to
each plan, and that is the monthly assumption. Not the year .
Also, please disregard the numbers from the business plan . The guy who did my
business plan didn’t know how to work out the forecast
“ £104,997.00 x 12 months is £1,248,000. According to me, this does not look
realistic. It is better to hire some financial expert to help you with this.” This is what
he said
I don't require it to be realistic. I require it to be genuine and near to the actual
numbers
Just to be sure you have the figures correct, the plan I gave you is an investor plan; I
will present my concept to 5 possible investors, and I will ask for 100,000 GBP in
exchange for 10% of the company's shares.
Our Offer:
I will provide you automates sheet including forecasted Income statement cash flows
and related graphs, and also provide the financial information you have so that I can
analyze the data and start the work as per your requirements
Clients who opt to have a monthly subscription may find it inappropriate, and once they hit
the cancel subscription button, they are no longer represented by the company. To give
consumers the best possible experience, the application allows users to "freeze" a monthly
membership for a lower fee to save money when legal services are not required. They will
still have access to the app, but its features will be limited.
I was thinking to charge £9.99 a month for customers with a monthly subscription who
chooses to freeze their account.
Can you put that on the papers - ( make an estimate on how many would freeze their
account )
