Blogs

Every business, from a small start-up to a large enterprise, needs some financial model to guide them through their finances, as well as track key performance metrics.

Whilst humans are incredibly creative and we assist in multi-million-euro transactions, there are some easy tips and tricks that we can apply.

Without the fundamental foundations of best practice principles things quickly get off the rails when it comes to building financial models.

Once you understand the flow of a model, it’s like driving a car. In the beginning some of the tasks of driving are not so easy, but over time you know what to look for and where.

it is important for model developers to have a really good grasp of how their model will be designed and built to the specifications and requirements of the end users.

Model developers can often fall into the trap of developing a model based on a set of expected outcomes, resulting is a lack of dynamic capability.

This article focuses on Data Sourcing and a holistic approach to understanding and sourcing the right data for each project.

Financial Models should be built using at least one of the recognised standards or methodologies. The Development stage is a crucial part of building best practice.

This article is focused on “scoping” the development of a financial model but more specifically about scoping it for business valuation purposes.