A vital tool for business strategy, a good business model enables a company to experiment with different ideas and scenarios in a safe, low risk environment, to make the best possible business decisions. Financial modeling involves building a financial evaluation from a more abstract business model, enabling hypotheses and scenarios to be translated into numbers.
Business and Financial Modelsprovides an accessible introduction to these essential strategic practices, with guidance on using Microsoft Excel for projection and analysis. The book goes through the process of building the model from the initial phase of formulating questions through modeling cash flow, budgets, investment appraisal and dashboard tools for monitoring performance. With case studies and online templates,
Business and Financial Modelsincludes coverage of new visual thinking techniques, and how these can be incorporated into conventional business modeling.
An excellent book that explains how to visualise and create pertinent and accurate business models within the current economic context. Clive has drawn a straight line from visual thinking and defining the critical questions through to creating useful and relevant financial business models.
Explains the basics of planning, building and using business and financial models
Introduction
1 Stages in the development of a business and financial model
Scope
The fundamental question
A step-by-step approach
Skills required
Planning the model
Data quality
Tools
Summary
2 Developing the research question and output definition
The basic question
Output definitions, examples, financial outputs
Summary
3 Visual thinking to develop fundamental questions - contributed by John Caswell and Sarah Gall
Challenging the traditional business model
New methods and approaches -- a business model reflecting the world as it is today
Structurelc”
![Business and Financial Models [Paperback]](/itemImage/2/4/9/4/2_1424101.jpg)