Standalone Business Plans: Mostly Worthless
Business plans written without a strategic financial planning model are a waste of time.
Raising Capital—Strategic Financial Planning Model, Part One
Do you know how to create pro forma financial statements, key metrics, and calculate valuation, dilution, and ROI? How many strategic financial planning models have you created? One, two, none? Building a strategic financial planning model, determining cash flow, capital needs, founder dilution, and ROI is one of the most difficult parts of dealing with investors and raising capital. We’ll cover high-level issues related to financial modeling this week, breaking the model int