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• Archive: What you'll learnBuild financial models for your startup businessForecast cash needs for your startup businessModel user growthModel revenueModel expensesModel attritionModel various different business models, from tech to brick & mortarUse best practices for financial modelingRequirementsHave access to Microsoft Excel 2011 or NewerWorking knowledge of Excel/spreadsheet core functionalityWorking knowledge of Excel/spreadsheet formulas and cell referencesWorking knowledge of basic algebraDescriptionReasons why you should create a financial model for your startup or small business.
• A good financial model can help you:Test your assumptions and verify key drivers of your businessCompare and contrast different business choices, like pricing modelsCalculate the ACTUAL amount of capital you need to startupCalculate your burn rateModel out your user growthModel out your expensesBe more prepared talking to potential investorsAnd loads more.Building a financial model isn't just a vanity exercise.
• When done right, it could help you better understand your business, whether it's a startup or an existing business you're growing.But it's not easy and there is a right way and a wrong way to go about it.Even if you have little to no finance background, if you're going to be starting or running a business, this is a skill you need to have.A good financial model is an indicator of how deeply you understand your business model and market.
• But building a good one requires the right tools and the right approach.We're going to show you how to do that with a wide variety of examples and exercises.
• But we'll also be teaching general best practices that will help you, no matter what you'll be building your financial models for in the future.Why learn from us?By signing up with us, you will be learning from two highly rated instructors that have a combined student count of over 350,000 students and 25,000 reviews!