Description

Translate your business strategy into an easy financial forecast through our Financial Forecasting service. Make sure your business is capable of turning a profit, and set good targets so you can reliably track your progress.

Your financial projection is simply your business plan in numbers. Many entrepreneurs find that preparing a financial forecast is the most intimidating aspect of developing a business plan. Even MBAs who have studied finance and accounting can have trouble figuring out just where to start. We can help.

We walk with you through the steps to estimate your revenue, plan hires, budget for your expenses, and so on. We’ll take care of the rest, including generating your official financial statements.

There are three main statements for your financial forecasts:

• Profit & Loss Statement (also known as Income Statement)
• Balance Sheet
• Cash Flow Statement

The Financial Forecasting service includes:

• Income Statement, Balance Sheet, and Cash Flow Statement
• Monthly details with quarterly and annual summaries
• Assumptions and clear, documented and organised by category
• Extensive error checking to help sport any mistakes
• Operating expenses grouped by department
• Key ratios so you can benchmark against industry standards

Whether you are starting a brick-and-mortar small business or a high-growth tech venture, we can help you prepare a financial model appropriate for your specific situation.

Our financial modelling process will distill the essence of your business into a manageable number of core assumptions and cause-and-effect relationships so that you can distinguish between what’s important and what isn’t.

We customise our financial forecast model to fit any type of business, or create a new financial model from scratch depending on the circumstances. The process is as much art as science and we have the experience to help you get it right.

When customising the model for your needs, we strive to follow several guiding principles:

• We develop simplifying assumptions to reduce the number of “moving parts” in your business. This allows you and your audience to focus on a more manageable number of assumptions.
• We establish cause-and-effect relationships so that when one variable changes, everything that depends on that variable will also change. For example, your “tech support” headcount might be a function of the number of customers you have.