Financial Modelling (aka Budgets) for your Startup Business [Hub SC MEL 25Jul]
In this introductory workshop we’ll walk through the principles as well as the practical considerations of what you need to think about when building a financial model.
We’ll run through the key drivers of revenue, and how to model them, what are the true costs of people and the key expense areas to consider.
We’ll go through an introduction to three-way modelling to demonstrate the importance of this and reflect that profit does not equal cash and you’ll be able to see how much cash you need to raise and how long your cash runway is.
We’ll do a high level example of how you would start to build a model, and examples of presenting these to investors before talking about how to use and maintain the model to report your actuals.
Date and time
25 July 2019, 5:30 pm
Hub Southern Cross - Melbourne, Bourke Street, Melbourne VIC, Australia