Financial Modeling for Startups & Small Businesses

Co-Founder and COO of Forecastr (Techstars 2025) breaks down how to build a financial model from scratch in this 7 part lecture. In this course, we start with a totally blank excel sheet. This is unlike other financial modeling courses that start with a template - by starting from scratch, we guarantee that you will have a deeper level of understanding for how financial modeling works, and have more freedom to customize your projections for your own business.

At the end of this course, you will have a full 3 statement financial model (Income Statement, Balance Sheet, Statement of Cash Flows) forecasted monthly and formatted attractively. We focus heavily on showing you the calculation logic so that you will be able to tailor your model to your specific needs. Why build a financial model.

Lots of reasons - but specifically a financial model will: 1. ) Help you raise money for your business Investors speak the language of finance - and a financial model is a great communication tool for investors. Presenting a model will inspire confidence that you'll be a good fiduciary of their investment, and that you are a competent operator that knows their metrics.

2. ) Help you run your business better A financial model is a mathematical simulation of your business. Once the simulation is build, there are endless questions that you can "ask it".