How to Use our Models
Choose the right model, input business drivers to develop business plan and forecasts and you will have all that you need to make robust-financial models and informed decisions. Build scenarios for ‘What-if’ analysis, Look for Insights from business KPIs and Dashboards. Save Time and Efforts. As a bonus, you get free lifetime updates to the financial model whenever new versions are released!
Step 1: Choose a Suitable Model Approach
Choose between detailed bottom-up Standard Model or a top-down Startup Model for quicker outcome
Step 2: Get Business Model Drivers
Use one of our Category models for building fundamental Business Model drivers or bring your own pre-built model with Revenue, Cost of sales and Gross Profit projections. Each of our Category Model has an Illustration that breaks down business drivers for you to easily follow and understand the logic behind the Model.
Step 3: Create a Full-fledged Model
Utilize the 'Connector' sheets in the Startup or Standard Model and integrate Business Model driver Sheets from Steps 1 and 2 to create a full-fledged financial model for your businesss
Whatever your End-Goal is, start with Fynmodels
Strategic & Operational Usage
Fyndmodels give a solid foundation on your long term Strategic Business Planning. With our detailed Standard and Category Models which are designed monthly, you can include and monitor actual financial performance, conduct budget vs. actuals variance analysis and use KPI/ metrics for Stakeholder/ Investor reporting
Model Building Flexibility
Fynmodels give you the flexibility to either use your existing Business Model forecasts for Revenue and Cost of Sales using our Connector Sheets or use one of our Industry Category Models to build a full-fledged Financial model with a Startup or a Standard Model.
Customize for your End Goals
You may customize the models to suit your final requirements, depending on your spreadsheet modeling skills. Likewise, add or remove required charts from Dashboards to align with your end Goals.
How to use Fynmodels
Fynmodels gives you the power to forecast your company’s topline and bottomline. Gain clarity on expected profitability, use it to create dashboards, identify key drivers of profit, establish annual budgets forecast forecasts and more!. Take a look at the quick introductory video on how you can save time and get to actions faster!
Frequently Asked Questions
If you are looking for more answers on how you can use Fynmodels portal and the models, please read below.
First add the Standard Model to your cart and then browse through the Category models listed in Products section. After purchase, once you add the Category model Sheet to Standard Model, you are good to build a Financial Model for your business.
Go to the Product menu and look for Financial models listed against your required Category. The Product page will give details about what the Category model comprises including a gist of the Revenue and Cost drivers, as well as key Category metrics and Dashboard. The Category model can be upgraded by purchasing Standard Model that includes Pre-built structure of financial statements and Supporting Schedules. Then you simply link the revenue and cost driver numbers into the Standard Model.
Upon receiving the download link, you will be prompted to save a MS-Excel version of the Model. The model comprises an Instructions Sheet which would be self-explanatory and also explaining the flow of data from input to data visualization. A Category Business metrics Sheet and Dashboard are provided which automatically responds to Model Inputs.
You need to link the Revenue and Cost of Sales/ Cost of Service summary table from Category Model into Profit and Lost statement of Standard Model. Follow the Comments within the Sheets to do this.
We recommend using MS-Excel.
It usually takes less than an hour to go through all of the sheets, and once you have the basic information, it takes much less time to adjust the inputs to create a set of forecasts that makes sense for your business. In Category Models, generally, growth rates corresponding to different Revenue and Cost of Sales/ Service drivers need to be input by the User. In some instances, Gross margin percentages might need to be input. Once all necessary inputs are made, the Model responds to the inputs and reflects in the KPI Dashboards.
Fynmodels has tested for model sanctity in the form that is offered to you. Depending on your skills in financial modeling, you are free to customize them yourself. However, impact to Standard and Category Models due to such edits will rest with the user and not Fynmodels.
If and when the Models require any fundamental change, we will be incorporating updates to the model. You will then be notified by email to download and use latest version free of charge.
The model is a simple Do-it-Yourself model. It is designed in such a way that anyone can drive it based on detailed instructions provided by us. If you require Modeling-as-a-Service (customization), we are happy to engage with you on a Project-basis and help you design the model accordingly.
Yes, we create custom models. Click on 'Contact us' for us to reach out to you.
Yes. On a case-to-case basis we offer Customization of existing models. Please contact us for more information.
Not at this moment. However, we do have plans to do so and once decide to initiate such workshops, you will be notified.
Sorry. There are no refunds.
Yes. We use Payment gateways that are secure. Read our Privacy Policies and Terms and Conditions for more details.