Here's a few alternatives to Foresight to help you select the best financial modeling tool for your needs, and how you can combine any template with a Foresight model.
The best resources, templates, and posts about financial modeling and startups on the web.
How do you choose which Foresight template to use? The product comparison grids outline the differences in the features, and below is my perspective on how to choose the right one for you.
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.
Re-evaluate your financial plans in light of our current economic realities.
Startups often present their financial projections incorrectly. Here's why, and what you need to do instead.
Key metrics for performance reporting for venture capital funds.
I recommend using Microsoft Excel or Google Sheets for financial modeling, both in general and for Foresight templates specifically.
Links to posts, resources, and Microsoft Excel, Google Sheets, and Causal template models.
Financial models can help entrepreneurs make critical business decisions. But it's more about the process than the result.
tl;dr, Check your acquisitions and conversions.