How to create a financial model for a mobile app
Financial modeling for a mobile app is very peculiar. It is different from the other financial models since it has some key requirements and some unique business models, like ad revenue, in-app purchases and subscriptions all in a single model. Fortunately we have created a financial modeling tool that is perfect for mobile apps.
First of all we need to understand that every business has it's particular financial model, there is no one-size-fits-all. Mobile apps are no exception.
What are the particularities of a financial model for an app startup? If we can identify the differences and the key unique things than we can create a perfect financial model, luckily, we at Sturppy already did this for you. Since we are app developers too, we understand how to create actual financial models that reflect the reality at their best.
Let's learn how to create a financial model for your new startup.
To make things easier, we decided to split the creation of the financial model in different parts. Each part is used to configure a particular part of your financial model, at the end of these five simple steps you will have built your financial for your mobile app model from scratch without you even knowing it.
A mobile app lives and dies by the number of it's users. Let's see how to create a complete and realistic user projection in your financial model in a quick and easy way.