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Financial Modelling for entrepreneurs

Develop your financial model in a simple and effective way
4.0 (7 ratings)
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230 students enrolled
Last updated 9/2014
English
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Includes:
  • 1 hour on-demand video
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What Will I Learn?
Create a financial model for your project
View Curriculum
Requirements
  • basic knowledges of excel (cell, basic functions like "+-x/")
Description

You have a new brilliant idea and you want to see if the numbers make sense?

This course is for you!

No worries you don’t need business or accounting background. This course is more based on common sense than accounting rules.

We will learn:

  • How to differentiate and identify you cost (Investment, Fixed Cost, Variable Cost)?
  • How to estimate your revenues?
  • How to calculate your margin?
  • How to calculate your break-even?
  • How to calculate your profit/loss?
  • How to estimate cash requirement?
  • How to calculate your ROI?
  • How to create a simple 3 year financial plan?
  • How to play around the model using scenarios (in excel)?

This course is short! Because i want my courses to be short. It’s difficult to keep attention and motivation with e-learning. Therefore, I spend a lot of time preparing my courses to convey my message in the most concise (yet precise) way as possible. The whole course is scripted and recorded using green screen and encrusting keynotes with animation to support.

This means that in just a little bit more than one hour, your are good to go.

This course is really practical and I advise you to work on your own case as you through the lectures (the excel file for the examples are provided).

Who is the target audience?
  • Entrepreneurs
  • Wantrepreneurs
  • Managers
  • Business Students
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Curriculum For This Course
Expand All 17 Lectures Collapse All 17 Lectures 57:25
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Introduction
2 Lectures 02:44

The purpose of this lesson is to introduce the content of the course

Preview 00:43

The purpose of this lesson is to define the concept of financial modeling and give our own definition. The one we will use throughout the course.

Preview 02:01
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Part 1: Cost, Revenues, Breakeven, cash, Result
12 Lectures 29:56

The purpose of this lesson is to introduce the first part of the course and the concepts of costs and revenues.

Preview 00:50

The purpose of this lecture is to introduce the concept of fixed costs. How to identify them and what to do with them.

Preview 01:22

The purpose of this lecture is to introduce the concept of variable costs. How to identify them and what to do with them.

Preview 01:07

The purpose of this lecture is to introduce the concept of Investments. How to identify them and what to do with them.

Preview 03:10

The purpose of this lecture is to introduce the concept of revenues. How to identify them and what to do with them.

Preview 01:16

The purpose of this lecture is to introduce the concept of break-even and how to calculate it (to take together with lecture 9 and 10).

Break-even
02:00

The purpose of this lesson is to give a simple example in which we estimate costs, revenues...

Example 1: Cost and Revenues
03:03

In the second part of the example we will learn how to calculate the margin and break-even.

Example 2: Margin and Breakeven
01:53

The purpose of this lecture is to introduce the concepts of results, profit and loss. As well as how to calculate them.

Result
01:25

The purpose of this lecture is to simulate different situation (scenarios) and see how it affects our results.

Check in the course material to download the excel file.

Scenarios - "What if?"
10:17

The purpose of this course is to understand the concept of cash and the importance to estimate our cash requirement.

Cash
02:42

The purpose of this lecture is to understand what is ROI and how to calculate it.

ROI - Return On Investment
00:51
+
Part 2: Planning
3 Lectures 24:45

The purpose of this session is to show how to create your planning in a table through an example. In year one we will plan with the parameter we had from previous exercise.

Don't forget to download the excel file to be able to get access to all the formulas I used.

Example 1: Year 1
11:25

The purpose of this session is to show how to create your planning in a table through an example. In year two we will forecast growth and will introduce some fixed costs.

Example 2: Year 2
07:50

The purpose of this session is to show how to create your planning in a table through an example. In year three we will forecast growth and include investment.

This session will also conclude this course.

Example 3: Year 3 + Conclusion
05:30
About the Instructor
4.3 Average rating
299 Reviews
30,680 Students
9 Courses
Management Consultant

Laurent Timmermans

Laurent is the founder and Managing Director of ATHENASIA working with Business planning, Performance Management and Management Training.

He is university lecturer in Hong Kong for management, entrepreneurship and organisation behavior courses.

Graduated from the University of Louvain la Neuve (Belgium) in which he earned a Master of Management (Major Marketing) and a Master in Work Sciences (Organization behavior).

Originally working with youth leadership development, he progressively moved to business consulting world. 



He started his career as Director of Talent Management in Hong Kong for a multinational youth organization.

Back in Belgium, he worked as Economic Sciences teacher and created a company through which he delivered career development programs to major players in telecommunication and Oil Industry.

After a year in Belgium, he finally returned to Hong Kong and worked as Performance Consultant with Dale Carnegie Training Hong Kong.

Before founding ATHENASIA CONSULTING, Laurent was working for a Hong Kong company as Organizational Behavior Consultant on team development and soft skills trainings. The main client he was working with was the metro of Hong Kong (MTR) for which he worked on partnering to support its extension.

On the mean time, he has been working part time as Business Planning and operations Consultant with SME's in Hong Kong both online and face-to-face. He helped his clients to develop comprehensive business plans to structure business idea, plan for growth or simply to raise fund. Due to the success of this activity he decided to incorporate and live from his passion.

He has now more than 35,000 Students on different e-learning platforms, he animates a 1200+ entrepreneurs group in Hong Kong for which he organises workshops and events.

Originally born in Belgium, Laurent has been living (studying or working) in Brazil, Spain, and Hong Kong.

Languages and international exposure

Due to his international experience he is Fluent in French, Portuguese, Spanish and English.

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