Around 90% of startups ultimately fail within two years because they run out of money. It is critical that startups create a financial model when they are i...

A financial model is necessary to map out where the company is standing and how it will fair in the future. A financial model clearly presents a company’s r...

A financial model provides a quantitative perspective on business planning. It helps a company map its path toward successful KPIs (Key Performance...

SaaS (Software as a Service) allows a user to use the software without owning it. In a product-based model (eg. Microsoft Excel), users purchase the product...

When something is stored in the cloud it can be accessed anywhere that a person has internet access. This is very convenient because the cloud will save the...

A financial model represents a company’s current financial position and provides information to help predict future performance. Presented in the model are ...

Vendors are the people or organizations who sell products or services to people or companies. Contractors are people who are assigned to a specific task, us...

“Low, mid, high” is a generic term for comparing your best and worst-case scenarios with your forecast. Low would be your worst case, mid would be your fore...

When investors ask for your financial model they usually look for three main components. Firstly, they’ll see if you’ve thought through your business model ...