A Financial Model – what is it?
company will perform if the mentioned assumptions (inputs) are true are called “outputs”. Depending on assumptions, one model can, naturally, produce a variety of projections. Playing with the variables is pretty much the name of the game for the operators, when choosing a financial model – it’s not really about predicting the future, but it is based on making assumptions about it.
“Why should I Care about Building My Own Financial Model?”
company’s web presence. However, taking the time of finding the right person for the job (or learning how to do it by yourself) is always a better choice – people will notice the difference. The situation is quite similar, when it comes to financial models – the templates are built by someone who’s aiming at a particular business and every business is unique, as you probably already do
How to Approach Founders with Business Models
everything that you have devised. It is important that you clearly outline that you have a very detailed financial model, but that you will show it to them
only by sitting down with them and an associate and reviewing it in person.
After this, they will be entitled to a copy of your model. Keep in mind, however, that contacting forensic accounting experts is a smart move in making sure that things are done right.
It Doesn’t Have to Be Right!
idea. If the investors see that you’ve thought about things such as market share, adoption rates, competitors and so forth, they will appreciate this more than your model being right about every assumption.