Financial Modeling for Startups Small Businesses

Financial Modeling for Startups & Small Businesses, available at $109.99, has an average rating of 4.54, with 93 lectures, 3 quizzes, based on 3435 reviews, and has 65751 subscribers.

You will learn about Build financial models for your startup business Forecast cash needs for your startup business Model user growth Model revenue Model expenses Model attrition Model various different business models, from tech to brick & mortar Use best practices for financial modeling This course is ideal for individuals who are Someone who wants to understand how to create a financial model for a startup business or Someone who wants to start a new business or Someone who wants to leverage financial modeling to make better business decisions or Someone who wants to better analyze business opportunities or Someone interested in doing a startup and plan on raising VC funding or Someone interested in starting a brick & mortar business It is particularly useful for Someone who wants to understand how to create a financial model for a startup business or Someone who wants to start a new business or Someone who wants to leverage financial modeling to make better business decisions or Someone who wants to better analyze business opportunities or Someone interested in doing a startup and plan on raising VC funding or Someone interested in starting a brick & mortar business.

Enroll now: Financial Modeling for Startups & Small Businesses

Summary

Title: Financial Modeling for Startups & Small Businesses

Price: $109.99

Average Rating: 4.54

Number of Lectures: 93

Number of Quizzes: 3

Number of Published Lectures: 92

Number of Published Quizzes: 3

Number of Curriculum Items: 96

Number of Published Curriculum Objects: 95

Original Price: $189.99

Quality Status: approved

Status: Live

What You Will Learn

Build financial models for your startup business

Forecast cash needs for your startup business

Model user growth

Model revenue

Model expenses

Model attrition

Model various different business models, from tech to brick & mortar

Use best practices for financial modeling

Who Should Attend

Someone who wants to understand how to create a financial model for a startup business

Someone who wants to start a new business

Someone who wants to leverage financial modeling to make better business decisions

Someone who wants to better analyze business opportunities

Someone interested in doing a startup and plan on raising VC funding

Someone interested in starting a brick & mortar business

Target Audiences

Someone who wants to understand how to create a financial model for a startup business

Someone who wants to start a new business

Someone who wants to leverage financial modeling to make better business decisions

Someone who wants to better analyze business opportunities

Someone interested in doing a startup and plan on raising VC funding

Someone interested in starting a brick & mortar business

Instructor Symon He hosts near daily LIVE office hours on TikTok 10:30PM PDT. Find him @SymonHe.

Reasons why you should create a financial model for your startup or small business.  A good financial model can help you:

1. Test your assumptions and verify key drivers of your business

2. Compare and contrast different business choices, like pricing models

3. Calculate the ACTUAL amount of capital you need to startup

4. Calculate your burn rate

5. Model out your user growth 

6. Model out your expenses

7. Be more prepared talking to potential investors

8. And loads more.

Building a financial model isn’t just a vanity exercise. When done right, it could help you better understand your business, whether it’s a startup or an existing business you’re growing.

But it’s not easy and there is a right way and a wrong way to go about it.

Even if you have little to no finance background, if you’re going to be starting or running a business, this is a skill you need to have.

A good financial model is an indicator of how deeply you understand your business model and market.  But building a good one requires the right tools and the right approach.

We’re going to show you how to do that with a wide variety of examples and exercises.  But we’ll also be teaching general best practices that will help you, no matter what you’ll be building your financial models for in the future.

Why learn from us?

By signing up with us, you will be learning from two highly rated instructors that have a combined student count of over 750,000 students and 100,000 reviews! 

Check out our profiles and see that we take care of your students and deliver the goods.

Evan has extensive startup experience and previously worked as a venture capitalist, where he evaluated 100’s of startups that trying to convince him to invest in them.

Symon also has startup experience in both tech and brick & mortar businesses. Previously he built tons of models while working in mergers and acquisitions as well as in private equity.  And he’s helped dozens of startups build financial models across a dozen different business models and industries.  

Together, we pull directly from our experience and put it in this course–in fact, two of the case studies use the ACTUAL financial models used to raise funding.  The other case studies are inspired by well known startups you’re sure to recognize.

How is this different from Symon’s Intro to Financial Modeling Course?

The Intro to Financial Modeling course taught by Symon He and Brandon Young is an introductory course on financial modeling that presents a general overview covering the topic and is more relevant to those who wish to explore finance as a career option or those who want to understand financial modeling in acorporate context.

This course is all about financial modeling for startup businesses so it’s more geared towards entrepreneurs or business owners who want to better understand the key drivers of a new business.

There is almost zero overlap.  Even though both courses introduce a lemonade stand as an example, those examples and models are quite different as they serve very different purposes.  

What if I don’t have any finance or Excel background?

No worries! This course isn’t an Excel or Finance course, although you will learn a bit of both.  We focus more on the rationale and the logic of modeling specifically for startups or growing businesses, so you can take what you learn to other spreadsheet tools.  

But it will take practice.  You won’t get better just watching the videos.  That’s why have lots of practice exercises and sample models for you to learn from.

What will I be able to do after I take your course?

After taking our course, you will be:

Able to confidently build financial models for your startup or new business from scratch

Able to apply the best financial modeling practices and techniques

Able to read and understand other financial models by looking at lots of practice models and case studies

Able to leverage financial modeling to help you make smarter choices about your business.

Able to learn a new skill set that you can take with you for any and every business venture you take up in the future.

Why lemonade stand example?

Because learning how to model on its own is tough enough but learning it while also having to learn a new business model makes it even harder. 

But, even with a simple business model such as a lemonade stand, you’ll be surprised by how complex and sophisticated the analysis could become. 

And since this is all about modeling for startups and new businesses, this example is different from the one in the Intro to Financial Modeling course.  

After the simple lemonade example, we cover 7 distinct case studies involving different business models in different industries.

Tell me again why I should take your course?

You have absolutely ZERO risk.

Udemy gives you a solid as an oak tree 30-day money back guarantee.  

So if you’ve read this far, we welcome you to join us inside.

Course Curriculum

Chapter 1: Introduction

Lecture 1: Course overview

Lecture 2: Join our community on Slack!

Lecture 3: Course Files Folder

Chapter 2: Jumpstart

Lecture 1: Udemy Technical Issues

Lecture 2: Udemy Technical Error: Filenames Download as Original

Lecture 3: Why Lemonade Stand?

Lecture 4: Modeling a lemonade stand

Lecture 5: Jumpstart Part 1: Unit economics (1)

Lecture 6: Jumpstart Part 1: Unit economics (2)

Lecture 7: Jumpstart Part 2: Calculating the labor cost & selling price

Lecture 8: Jumpstart Part 3: Single product, single location

Lecture 9: Jumpstart Part 4: Strawberry premium

Lecture 10: Jumpstart Part 5: Multiple Locations

Lecture 11: Jumpstart: Summary

Lecture 12: Q&A: Section 2

Lecture 13: Review & Recap: Section 2

Lecture 14: CHALLENGE: Pop Up Business Model

Chapter 3: Before you build your model

Lecture 1: What questions are you trying to answer?

Lecture 2: Map it out & Caveat on modeling

Lecture 3: Q&A: Section 3

Lecture 4: Review & Recap: Section 3

Chapter 4: Modeling best practices

Lecture 1: Always start with the end in mind

Lecture 2: Clear over clever

Lecture 3: Always do sanity checks

Lecture 4: Start small & simple

Lecture 5: Define constraints

Lecture 6: Utilize Google!

Lecture 7: Q&A: Section 4

Lecture 8: Review & Recap: Section 4

Chapter 5: Case study: YouWorks Co-Working Space (part 1)

Lecture 1: Introduction to YouWorks, our first case study – Sanity check

Lecture 2: YouWorks – Modeling revenue

Chapter 6: Modeling growth

Lecture 1: User segmentation and the difference between users & customers

Lecture 2: User segmentation: YouWorks example

Lecture 3: Usage segmentation

Lecture 4: Think in terms of funnels

Lecture 5: Follow up on funnels

Lecture 6: Modeling growth rate

Lecture 7: Modeling attrition

Lecture 8: Review & Recap: Section 6

Chapter 7: Modeling revenue

Lecture 1: Free, but ad-based

Lecture 2: Affiliate model

Lecture 3: Freemium model

Lecture 4: Subscription model

Lecture 5: Pay per use

Lecture 6: Free product, pay for service

Lecture 7: Tiered pricing

Lecture 8: Base plus features pricing

Lecture 9: Review & Recap: Section 7

Chapter 8: Modeling startup costs & expenses

Lecture 1: Startup costs & operating expenses

Lecture 2: Headcount & labor

Lecture 3: Modeling rent & office needs

Lecture 4: Modeling hosting expenses

Lecture 5: Adding contingency

Lecture 6: Putting it all together

Lecture 7: Review & Recap: Section 8

Chapter 9: Case study #1: Standard Assembly programming bootcamp

Lecture 1: Standard Assembly – Overview

Lecture 2: Standard Assembly – Model overview & Startup costs

Lecture 3: Standard Assembly – Modeling Revenue

Lecture 4: Standard Assembly – Modeling expenses

Lecture 5: Standard Assembly – Summary

Chapter 10: Case Study #2: YouWorks Co-Working Space (part 2)

Lecture 1: Getting re-acquainted with YouWorks

Lecture 2: YouWorks – Startup Costs

Lecture 3: You Works – Modeling Revenue

Lecture 4: YouWorks – Modeling Expenses

Lecture 5: YouWorks – Summary

Chapter 11: Case Study #3: Fancy Bread, mobile app for renting offices

Lecture 1: Fancy Bread – Overview

Lecture 2: Fancy Bread – Model Overview & Startup Costs

Lecture 3: Fancy Bread – Modeling Revenue

Lecture 4: Fancy Bread – Modeling Expenses

Lecture 5: Fancy Bread – Summary

Chapter 12: Case Study #4: ScholarPRO & its inevitable doom

Lecture 1: ScholarPRO – Introduction

Lecture 2: ScholarPRO – Assumptions & Data part 1

Lecture 3: ScholarPRO – Assumptions & Data part 2

Lecture 4: ScholarPRO – Income Statement & Expenses

Lecture 5: ScholarPRO – Graphs, Simple Revenue, & Scenarios

Chapter 13: Case study #5: Tee Lounge, a brick and mortar business

Lecture 1: Tee Lounge – Overview

Lecture 2: Tee Lounge – Model overview & Startup costs

Lecture 3: Tee Lounge – Modeling Revenue

Lecture 4: Tee Lounge – Modeling Expenses

Lecture 5: Tee Lounge – Summary

Chapter 14: Case Study #6: SaaSForce SaaS Startup

Lecture 1: SaasForce – Overview

Lecture 2: SaaSForce – Model Overview & Single Salesperson Economics

Lecture 3: SaaSForce – Modeling Revenue

Instructors

Evan Kimbrell
Founder of Sprintkick | Ex-VC | Ex-startup founder

Symon He
Author | Investor | MBA

Rating Distribution

1 stars: 61 votes

2 stars: 75 votes

3 stars: 432 votes

4 stars: 1184 votes

5 stars: 1683 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!