Intuit recently came out with a quick and easy tool for startups to quickly project their startup costs and breakeven. It may be a good resource for companies that don’t need the full detailed monthly financial projections that ProjectionHub can provide. I do think it is probably faster than our tool for a quick snapshot of your breakeven and startup costs. Check out this short video to learn more:
I think if Intuit continues to develop this tool, there may be an opportunity for ProjectionHub to integrate for startups that need additional detail in their projections and the ability to download an Excel file with monthly Profit and Loss, Balance Sheet and Cash Flow projections for potential investors. What do you think?
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