Week 2 - Financial Modeling
Rapid Financial Modeling Steps
The Rapid Business Plan Financial Template is an Excel Spreadsheet tool developed specifically to help small businesses 'model' their sales, expenses, cash flow, start-up costs and borrowing costs. We will go over the key elements of this tool on the next few pages.
But before beginning, a word for larger or businesses with complex sales cycles.
This template is probably too basic for larger businesses or ones with complex sales cycles, but even then it is still an excellent tool to start with to get an idea of how the business financials will look. So try this tool first, but if you need something more sophisticated, you can try a software tool like Business Plan Pro from Palo Alto software.
So lets begin! NEXT