Market and Financial Projections Flashcards
Question: What is the potential market size, and what is the growth projection for the business?
The global Recovery Footwear market is at about $11B in 2024 and projected to grow to $22B.
The global Home Healthcare market is valued at $390B in 2023.
Question: Why did the company decide to ask for $400K instead of $500K?
Asking for $400K instead of $500K is meant to make the deal more attractive to investors. While more funding could be used, the focus is on ensuring a compelling offer to secure a deal.
How do you justify the company’s valuation?
The valuation aligns with the shoe industry’s multiples and is fortified with the utility patent. Although our sales figures seem low, we’ve considered the low investment of marketing dollars as proof of concept that the returns available. We also considered the costs to get to where we are today, design, development etc.
What is the company’s long-term revenue goal?
There are footwear brands that offer therapy benefits with sales in the over $1B range. The recovery market alone is worth around $11B
What’s the plan for the next round of investment?
After hitting our goal of