How to Create a Financial Forecasting for a Startup

Creating a financial plan for your startup can be quite tricky. Without previous data (experience figures) and with numerous uncertainties, it is often a leap of faith. While every business segment and type of company requires its approach, there are general guidelines. In this course, I’ll give you the basics. Once you have those in place, you can always add sector-specific data. And don’t worry, you don’t have to be a maths prodigy or Einstein to follow the steps. 🙂 This course is designed for aspiring entrepreneurs and startup enthusiasts who are looking to establish a solid financial foundation for their business ventures. Whether you're in retail, e-commerce, or providing services, the model we'll be using is tried and tested, suitable for various forms of business where customers come to you, both online and offline. We also provide a complimentary financial planning template that you can use to structure your startup's financial plan. It will serve as a helpful guide throughout the course, making it easier for you to implement the concepts you'll learn. In addition, if you have any questions or need further guidance beyond the course material, you can avail of a 25% discount on a personal online session with me, Ben Steenstra, the trainer. I'll be more than happy to assist you in addressing specific concerns or customizing the financial plan for your unique business needs. However, it's essential to note that while our financial model is versatile and adaptable, it may not be suitable for businesses that rely heavily on actively seeking and acquiring customers, such as contractors and similar service providers. If your startup falls within this category, it's advisable to seek alternative financial planning methods tailored to your specific circumstances.