How the Standard Model uses historical financials and creates rolling forecasts.
Foresight's templates focus on using operational mechanics to forecast financials. Here's why.
A key part of creating a fundraising ask is understanding and communicating how the money will be raised. A sources and uses chart is a fairly standard way to communicate it, and a summary of the key expenses helps to tell the full story. Here's how I do it.
How to create the assumptions for startup financial models
Estimating your cost budget is the first, and most important, step towards creating your financial projections.
How to model revenues using the top-down and bottoms-up approaches.
Startups often present their financial projections incorrectly. Here's why, and what you need to do instead.
Valuing early-stage companies can be more of an art than a science. Here I'll explain the basics behind discounted cash flow (DCF) and multiple-based valuation, and detail how they are implemented in Foresight's models.
Financial models can help entrepreneurs make critical business decisions. But it's more about the process than the result.