financial models Archives

Use Budget Variance Analysis to Point Your Business Forward

Knowing where you’re going starts with knowing where you’ve been. You must plan, track and monitor your organization’s performance with a financial model if you want to grow steadily and profitably. And with financial planning and analysis serving as the backbone of...

Financial Model vs. Budget: What’s the Difference?

Budgeting & Forecasting, FP&A

by Kristina McMenamin One topic that seems to generate a lot of questions is budgeting. As I spoke to several business owners, they admitted to having spent days, if not weeks, pulling budgets together for a specific point in time–to present at an investor...

How to Build a Basic Financial Model

FP&A, Startup

This blog also appeared on VentureApp, which saves businesses time and money finding the vendors they need. The word “model” is often tossed around the business world, evoking complicated and intimidating visual images to those unfamiliar with them. But instead of...