Secrets of Financial Models: Let's change the rules of the game - Softcover

Inhaltsangabe

Financial modeling is one of the most important tools when starting a business or project. Today this tool is only available to very few and that is why I want to write this book, to try to change the rules of the game.In this book, I explain how to start to understand and create a financial model. In addition to the secrets they have.Financial models teach us many things about a company, such as its profitability, assessment, type of debt, etc... but most importantly, it teaches us how the skeleton of our company is and how it works. Financial analysts are like surgeons. When one of your organs fails, the surgeon opens you in an operating theater and solves what is malfunctioning inside your body. The analysts do the same, but our patient is a company and our operating room is the computer, where we have the most powerful tool, the Excel. There we can see, touch or delete any data or hypothesis, improving the state of the company or preventing a stress case from spreading through the company and causing it to weaken or break down. In many scenarios where you must make business decisions regarding purchases, suppliers, sales or investments, the financial model can help you to better understand the impact of any decision on the company's financial structure. It allows you to play with different scenarios, changing variables such as costs, income or interests, showing a projection with the consequences that a decision on basic issues can have. With an abstract model, you can simulate scenarios before deciding and naturally this helps make the right decisions and not get bogged down with irrational decisions.

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