09.11.2022 |
Financial modeling is an important tool for planning a startup, allowing you to determine the feasibility of launching a project and attracting investment, the effectiveness of the company's activities, the correctness of the development strategy. The absence of an economic business model is fraught with negative consequences of varying severity — from unreasonable and unreasonable costs to the complete failure of the idea.
The financial model demonstrates the current state of the startup and the expected course of its development. It is clear that resistance may arise: how can I know the future? And that's right, no one can predict what will happen tomorrow. But building a financial model provides a tool for understanding the strengths and weaknesses of a startup, ways to optimize costs and increase profits.
Natalia Nikolaevna Telnova, io Head of the Department of Entrepreneurship and World Economy of the SSAU, Associate Professor, told the participants of the acceleration program "Agro&InfraUP" about the subtleties of economic efficiency.
The speaker elaborated on the issues of creating a business plan, a financial model of a startup, and assessing the investment attractiveness of a stratap project. The listener had the ability to calculate the indicators of the economic efficiency of the project for presentation to the investor.