Build a Startup Financial Model

BUILD A FINANCIAL MODEL

Now that we've covered financial best practices and tax compliance, it's time to build a financial model. Start with a basic plan and then move on to a more robust model down the road. This will help you to set goals and make sure your business is headed in the right direction.


Here are the steps to get you started:

  • 1. Define and track KPIs
    • Common KPIs include MRR (monthly recurring revenue), CAC (cost to acquire customers) and LTV (lifetime value)
  • 2. Record actuals compared to budget each month.
  • 3. Analyze trends and adjust your business plan as needed.
  • 4. Move to a robust 3 Statement Financial Model (Income Statement, Balance Sheet and Cash Flow Statement) with 3 years of projections.

Additional Helpful Resources

How do I create financial projections for a start-up business?

Where can I find a financial model for a startup?

At what starge of a startup's life cycle is it helpful to create a financial model?

We have lots of experience building financials models for clients. We'd be happy to help you out. Just set up a time to talk with us.


Thank you,

Vanessa Kruze, CPA

Founder & CEO, Kruze Consulting

kruzeconsulting.com



Kruze Consulting's Prices

Financial Consulting

Staff Accountant $85
Senior Staff Accountant $110
Controller $140
Financial Modeling $250
Venture Debt $250
CFO $250
Tax Advisory $395

Kruze's calculator tells you how much it will cost to prepare your startup's tax return.

Save on payroll taxes immediately
Cost: 15% of captured credit amount with a minimum fee of $2,000

Startup 409A Valuation

Seed $1,500
Series A $2,000
Series B $2,500
Series C $3,000

409A Valuation Information
High quality 409As at a discounted price

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