Are you thinking of a startup or running small business already?
Are you looking for a unique Excel financial model for a startup? You’ve come to the right place. I have developed an Excel financial model to help you make informed decisions about your startup’s financial future.
A financial model is a tool that helps you forecast your startup’s financials over a given period, usually three to five years. It’s a crucial component of any business plan as it allows you to analyze your startup’s revenue, expenses, profits, and cash flows. The model is designed to help you make better decisions about your startup’s finances by giving you a clear picture of its financial health.
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What Makes this Excel Financial Model Unique?
This Excel financial model is unique because it’s tailored to meet the specific needs of startups. I understand that startups have different financial requirements than established businesses, and our model reflects that. It’s designed to be easy to use, flexible, and customizable.
The model includes various financial statements, such as income statements, balance sheets, and cash flow statements, essential for making informed decisions about your startup’s finances. It also includes various scenarios that allow you to test different assumptions and see how they impact your startup’s financials.
Additionally, our model includes a dashboard that visually represents your startup’s financials. It’s an easy way to see your startup’s performance at a glance.
Who needs this Financial Model?
- For Small to Medium-sized businesses, managing crucial business KPIs is of utmost importance; correctly forecasting these KPIs could be a real lifesaver!
- That’s why it is always wise to model your business case for these KPIs, and this Unique Excel Financial Model is created just for that purpose.
- Wait, you might be thinking, I need an accounting and Financial knowledge to make any forecast. Well, NO.
- You don’t have to know the basics of finance and accounting; all you need is basic business knowledge and an understanding of basic terms like Revenue (Sales), Cost of Sales, overheads, Interest costs, Gross Profit, Net Profit and Cash requirements!
- You can use this Financial Model made in a well-known spreadsheet application: Microsoft Excel.
Liquid Cash is vital for the survival of your startup or small business
- For startups and even an existing business, liquidity and funds requirement is always crucial.
- But if you are confident with your business idea and have a solid product or service, you can surely obtain the necessary funding.
- With this Unique Excel Financial Model, you can present your business plan to investors, bankers, venture capitalists, and more AND sound knowledgeable and confident in your business.
Which Industry or businesses can use this model?
If your business or startup is in the following industries, you need this forecast model:
- FMCG
- Restaurants
- Consulting
- E-commerce
- Seasonal business
- And more
Key KPIs you can measure with Financial Model
The following essential KPIs can be modelled for the future forecast with this Unique Excel Financial Model:
- Sales and Revenue
- Cost of Goods Sold and Gross Profit for each of your products/services
- Other Direct Costs
- Inventory Balances
- Net Profit
- And most importantly, a Cashflow performance which can predict the future of your business!
Cash Has always been the KING!
Often startups and small businesses miscalculate the importance of Cash for smooth operations and growth.
It is an understandable tendency to provide more credit to customers to increase your credit sales and make overall sales competitive. Still, if you are cautious enough, it can also lead to the closure of a business.
The same goes for not getting enough credit from your business suppliers. If you are paying in advance from your main materials (goods and services forming part of your cost of sales), and you have generous credit granted to your customers, you are inviting nothing but troubles for your dream business
Therefore, you must forecast Cashflow of your business well, and With this Unique Excel Financial Model, you can easily forecast key factors and indicators that affect cash flow, including:
- Cash collections from your customer – How much credit you should give your customers without significantly raising your risk.
- Cash collection prediction becomes even more crucial when you have a seasonal business plan. This model lets you predict and forecast your cash collections for peak and low seasons.
- Cash payments to your suppliers – Suppliers are as important as customers. We’ll show you how you should negotiate with your suppliers to give you optimum credit to ensure the overall cash position of your business is always positive.
- If you run out of cash for any reason, you can set up a revolving line of credit with your bank to provide you with a temporary line of credit or bank overdraft. This model lets you forecast that as well, so you can view how much temporary funding will be required if the business is not performing well while maintaining operations at a base level.
- If you are borrowing temporarily, you must consider the cost of interest. This model lets you forecast interest expenditures and shows you how to manage your credit effectively.
Without further delay, Introducing amazing Financial Forecast Model in Excel, watch this complete video tutorial on how to use this model for your business effectively
Even if you are a seasoned finance professional like:
- Accountant
- Financial Analyst
- Auditor
- Financial Modeller
You can save plenty of time by using this model, and not working from scratch
Wait, I have a surprise for you!
Wouldn’t it be amazing if you could learn how to build this very model from scratch?
Introducing Online Course on Building this Unique Excel Financial Model, the course dives into it more in detail like
Basics of Excel formulas and Functions and other Excel tools used in Model
Basics of Finance and Accounting (highly recommended)
Excel Charts and dashboards for stunning visualisation and much more
you’ll understand the principles behind the model so you can use it repeatedly AND sound knowledgeable when discussing your business’ finances with others.
Check out this video for complete Course Outline and Roadmap
As a startup or small business, you might also need to forecast essential financial factors for an optimized decision-making process!
- Fixed assets and depreciation could be tricky to manage if you don’t have fancy accounting software; for that, I have designed advanced Excel Fixed Assets and Depreciation template; click here to know more.
- Prepaid expenditures like Insurance for business risk coverage, life insurance for employees, lease rentals of properties, subscriptions or any expenditure amortization can be easily modelled and automated with this Pro Excel Prepaid Expenditure template; click here to learn more.
Don’t make mistakes in your Dream startup!
Forecast your business growth and Cashflow Accurately with this Unique Excel Financial Model.
Download Now and get this template with Additional discount!
How can I get the Model or Enroll on the Video Couse?
Unique Excel Financial Model (Excel)
Template Only- One Time Support Available
- Any Future Update to Financial Model Template
- Full Model Setup Support for your Business (Call or Email)
- 15 Days Monthly Back Guarantee
Unique Excel Financial Model (Google Sheet)
Template Only- One Time Support Available
- Any Future Update to Financial Model Template
- Full Model Setup Support for your Business (Call or Email)
- 15 Days Monthly Back Guarantee
Full Video Course on Udemy
Video Course with Template- Includes latest version of Financial Model
- Full Model Setup Support for your Business (Call or Email)
- 30 Days Money Back Guarantee
Video Course on Thikafic
Video Course with Template- Includes latest version of Financial Model
- Any Future Update to Financial Model Template
- Full Model Setup Support for your Business (Call or Email)
- 30 Days Money Back Guarantee
- Faster Support if you enrol via Thinkafic link
Frequenty Asked Questions (FAQs)
An Excel financial model is a spreadsheet that’s designed to help you manage your finances. It includes various financial statements such as income statements, balance sheets, and cash flow statements that help you understand your financial health.
Our Excel financial model is unique because it’s tailored to meet the specific needs of startups. It includes various financial statements that are specific to startups and has a user-friendly interface that’s easy to use and understand.
Yes, you can customize our Excel financial model to meet your startup’s needs. Our financial experts can work with you to modify the model to suit your specific financial requirements.
To get started with our Excel financial model, you can contact us and provide us with your startup’s financial information. Our financial experts will then work with you to create a customized financial model that meets your startup’s specific needs.
The cost of the Model is very reasonable, as you can see in the pricing section above!
Yes, we provide support after you purchase our Excel financial model. Our financial experts are available to answer any questions or concerns you may have and provide ongoing support as needed.
We recommend updating your Excel financial model regularly, such as on a monthly or quarterly basis. This allows you to stay on top of your startup’s financial health and make informed decisions about your finances.
