🔢Startup Financial Model
Multi-currency financial model example for startup shows how the marketing budget converts into profit, estimating operational and customer acquisition cost.
I designed this template for an edtech startup I was mentoring to help the founder answer questions about pricing for its services. As you can see, there are many more inputs the founder must consider based on experimental data or by adjusting the numbers. I'm sure that the financial model is unique for each startup, so use this template as an example of the parameters you need to keep in mind, and as an illustration of how all numbers should be segmented and related with simple formulas.
The only complex and essential formula is in "Month of Operations". It helps you examine your business at a specific month from the start, simulating how your user base will increase with retention.
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Google Spreadsheet link to the Startup Financial Model Example
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Google Spreadsheet link to the Startup Financial Model Example
Using the Startup Financial Model Template
Feel free to use, reuse, or modify under CC BY 4.0. Credit by linking to https://saalse.com/startups/financial-model
Use model in Google Sheet
Open the link
Click File > Make a copy
Choose Name and Folder for your copy
Use model in Microsoft Excel:
Open the link
Click File > Download > Microsoft Excel (.xlsx)
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