Question: What is the break-even point based on this information? Janet is free app available of apple or android. Users will be able to pay for

Janet is free app available of apple or android. Users will be

What is the break-even point based on this information?

Janet is free app available of apple or android. Users will be able to pay for meetings with financial advisor. Those advisors would get paid on a flat rate basis. The users can pay for each meeting or users can pay for set amount of meeting at time in a form of package deal. One 15-Minute Meeting with an Advisor: $6.99 One 30-Minute Meeting with an Advisor: $14.99 Expenses: Development of the app: $150,000 +Monthly: Fixed Costs Developer Cost Servers Payment Gateways App store Google play Variable Costs Emergency Maintenance Customer Support Finance Professionals Marketing Total Costs $10,000 $60 $149 $99 $25 $1,000 $100 $1,000 $7,000 $19,433

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