How I Scaled My Template Business To $730K+ ARR [Update]
This is a follow up story for ProjectionHub. If you're interested in reading how they got started, published over 4 years ago, check it out here.
Tell us about what you’ve been up to! Has the business been growing?
2024 has been a transformational year for ProjectionHub! While our financial projection template business remained strong, we learned how to scale our consulting business where we help clients fill out and customize their financial projections for potential SBA lenders or investors.
With the addition of team members and a scalable sales and delivery process we grew our consulting business 240% in the last 12 months.
We have continued to niche down and focus on supporting small business owners who are looking to get an SBA loan. As a former SBA lender for over a decade where I closed over 1,500 SBA loans we have been able to build that credibility at ProjectionHub as a place to go to get help with financial projections for an SBA loan.
Looking forward to 2025 we are going to build our referral partner network of SBA lenders, business brokers, CPAs and more who refer clients to us for help with financial projections.
We are "projecting" that 2025 will be a major growth year for us with the expanded team that we have in place and we expect to double revenue over 2024!
