Making smart financial decisions about your business is hard. But things tend to get just a bit easier if you have the proper business calculators by your side before you launch a product or service. ProCalc – Business Calculator for iOS is one of the rare apps that has all 3 business calculators in one app. Thus, it can help users determine selling price with costs, gross-profit ratio, discounts, fees, break-even point, and more. Let’s see what this business app is more about.
What is ProCalc?
ProCalc is a business calculator app for iOS devices containing a Profit Margin Calculator, Break Even Calculator, and Fee Calculator in one app. Neatly divided, each of these calculators helps entrepreneurs, shop owners, and solopreneurs, to make better decisions about the prices of products/services.
How Can You Make Use of These Business Calculators?
If you want to quickly calculate the percentage of product sales with net income, use the Profit Margin Calculator. It will give you data about the Sale Price (excluding and including VAT) of each product/service and the Margin Rate.
With the Break-Even Point/Time calculator you can calculate when a certain product will reach a point (unit, value) or time when the profits are equal to the costs. While the in-built fee calculator will let you calculate the fees of payment processing providers such as PayPal and Stripe, as well as eBay. This helps you know the commissions from online sales.
Why Is This Business Calculator Useful?
These business calculators make it easy to set a price for a new product/service, as well as to see if some product/service is good to promote. With the real-time calculation updates, users can do numerous quick tests before making the final decisions. Additionally, users can see Quarterly, Monthly, and Yearly calculations.
At the end of the day, it’s easy to conclude that ProCalc – Business Calculator is a handy tool for any solopreneur, entrepreneur, or shop owner.
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