Financial Modelling
If you answer in the affirmative, read on. You will need financial modelling to help you achieve your goals.
Why do you need financial modelling?
You will need financial modelling to build a financially viable business. Drawing up a business plan, projecting the numbers and forecasting the future for various scenarios will help you figure out whether the business is viable or not. Knowing your worst-case scenario is very important as it will help you plan to avoid it.
Why do startups need financial modelling?
If you are looking to raise funds as most startups do, you will need financial modelling as part of the fundraising process. Investors, Venture Capitalists and Banks are bound to ask you for your financial plan before they invest or lend funds. If you have a financial plan in hand, you can answer the probing questions that the financier may ask before putting his money on the table.
Moreover, you will also need to have a fair idea of the amount of funding you need. Unless you know your forecasted targets, how will you measure your performance? How will you answer your shareholders?
Four areas where financial modelling is used extensively include- (Advantages)
How can Startup Movers help you with financial modelling? (Document Required)
We provide top-line projections to give a sense of revenue growth mix and quality of revenue.
We provide a high-level view into key spend areas by departments and overall profitability.
Our financial model provides a detailed analysis of cash inflow, outflow and balances.
We provide a department-wise break up of costs linked to operational drivers for a clear picture of costs.
We have designed this to give you an idea of the funding rounds needed and the founder equity dilution view.
We provide a comprehensive view of Revenue growth, costs by department and profitability metrics. Metric reporting through advanced data visualizations around key financials will give you a clear view of the business and help you make informed decisions.
This provides the rate of cash burn on a Quarter-on-Quarter basis to give a clear idea of the cash available.
This dashboard provides advanced metrics to offer investors insights into business model strength and business productivity improvement.
General practices to choose and apply the name are:
Name should be distinct and unique.
Name should be short and simple.
Name should not contain any restricted words.
Name should not infringe any Trademark Registered and should not be identical to any company or LLP registered.
SC are required to file various eForms on MCA portal, digitally sign documents for the incorporation of the company and other applications.
Application for online registration of the company is required to be made online using SPICe INC-32 form along with e-MOA & e-AOA. DIN PAN, TAN etc. are to be filed along with SPICE INC-32.
On review and verification and after satisfaction, Registrar may issue the Certificate of Incorporation showing the Corporate Identification Number (CIN) and date of incorporation of the company along with the PAN and TAN of the company.
After depositing the initial capital in the bank account of the company, it is required to file form INC-20A for Commencement of Business post which a company can commence its business.