PANNA

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Description:

PANNA is the world’s first step-by-step cooking app for those who come from all sorts of cooking backgrounds.  It is easy to use, helpful and shows users great recipes from professional chefs! Some of the major assumptions that we based our forecast on include that 50% of Americans own Apple products and will be able to access this app.  We assume that 25% of Apple owners buy apps and that in the first year, 1 out of 1000 of these people will buy this app. PANNA has already received over $34,000 and the amount is increasing daily. This project is a low-expense high-income project so no more funding is needed, but they would be able to sell the company and receive a substantial profit.  This is a great product and we expect profits to increase annually.