Advanced business planning, simplified! Start your 15 day free trial now on https://modeliks.com/. Welcome to Modeliks Academy L.5, where you will LEVEL UP your expense forecasting game! In this video, we delve into the art of accurately predicting operating expenses, enabling you to make informed, data-driven decisions. Whether you're looking to refine your financial modeling skills or enhance your financial estimates, we've got you covered. Learn how to analyze spending trends and utilize financial KPIs to create robust expense forecasts. We'll explore advanced techniques in data modeling that will help you understand your financial expenditures better and improve your revenue prediction capabilities. Join us as we uncover analytics strategies for effective expense analysis and investment forecasting, ensuring your financial benchmarking is spot on. By the end of this video, you'll have the insights needed to enhance your profit forecasts and effectively manage your spending projections. Don't miss out on this opportunity to level up your financial planning skills and make smarter, data-driven forecasting decisions. Tune in and transform your approach to operating expenses today! Chapters: 00:00 Intro 00:33 Expenses Forecasting: 3 Methods 00:56 Method 1: Enter Expense Value 01:18 Method 2: % of Revenue 02:08 Method 3: Driver Based Forecast 07:34 Defining Assumptions 08:55 Forecasting Expenses in Modeliks 11:41 Setting Up Expenses Drivers in Modeliks 18:39 Sense Checking Forecasts Follow Modeliks: Website: https://modeliks.com/ LinkedIn: https://linkedin.com/company/modeliks YouTube: @Modeliks Instagram: https://www.instagram.com/modeliks.software Facebook: https://www.facebook.com/Modeliks.software/ #financialplanning #businessplan #dashboard #financialreporting #pitchdeck

Advanced business planning, simplified! Start your 15 day free trial now on https://modeliks.com/. Learn how to effectively forecast employee costs in this informative video from Modeliks Academy L.4. Discover various methods and strategies for financial planning, forecasting, and budget optimization to ensure efficient labor expenses and cost control. Explore workforce planning, and business forecasting techniques to enhance workforce efficiency and reduce costs. Join us to master the art of workforce modeling and labor budgeting for improved financial modeling and business expenses management. Start optimizing your workforce costs today with expert insights from Modeliks Academy! Chapters: 00:00 Intro 00:11 3 methods for forecasting employee cost 00:30 Method 1: Number of employees X salary 01:04 Method 2: % of Revenue 01:35 Method 3: Driver-based forecast 03:40 Defining assumptions 05:05 Forecasting employees in Modeliks 05:45 Setting up employee cost drivers in Modeliks 10:43 Sense checking forecasts 12:08 Questions investors might ask you Follow Modeliks: Website: https://modeliks.com/ LinkedIn: https://linkedin.com/company/modeliks YouTube: @Modeliks Instagram: https://www.instagram.com/modeliks.software Facebook: https://www.facebook.com/Modeliks.software/ #financialplanning #businessplan #dashboard #financialreporting #pitchdeck

Advanced business planning, simplified! Start your 15 day free trial now on https://modeliks.com/. Learn how to master COGS forecasting like a pro with Modeliks Academy L. 3! In this course, you will delve into advanced techniques for analyzing cost of goods sold, optimizing expenses, and improving profit planning. Enhance your financial management skills by exploring revenue projections, business metrics, and sales analysis. By the end of this training, you will be equipped with the knowledge to excel in financial forecasting and drive cost efficiency in your organization. Join us to take your financial analysis skills to the next level! Chapters: 00:00 Intro 00:14 COGS definition& 3 main COGS forecasting methods 00:52 Method 1: Quantity X Price 01:20 Method 2: % of Revenue 02:02 Method 3: Driver based forecast 03:50 Defining Assumptions 05:05 Forecasting COGS in Modeliks 06:42 Sense checking COGS forecasts 09:50 Questions investors might ask you 10:52 Summary Follow Modeliks: Website: https://modeliks.com/ LinkedIn: https://linkedin.com/company/modeliks YouTube: @Modeliks Instagram: https://www.instagram.com/modeliks.software Facebook: https://www.facebook.com/Modeliks.software/ #financialplanning #businessplan #dashboard #financialreporting #pitchdeck

Advanced business planning, simplified! Start your 15 day free trial now on https://modeliks.com/. In this insightful video from Modeliks Academy Level 2, we delve deep into the world of revenue forecasting, unlocking the mysteries behind financial planning, sales forecasting, and revenue management. Learn essential techniques for budget forecasting, sales analysis, and creating effective financial models to drive revenue growth. Discover how to optimize your business strategies with advanced forecasting techniques and expert budgeting tips. Join us as we explore the key elements of revenue analysis and unlock the secrets to successful revenue forecasting. Master the art of predicting revenue streams and maximizing total revenue with actionable insights and practical guidance. Enhance your financial strategy and business modeling skills with valuable tips on creating impactful dashboards and optimizing sales planning. Watch now to level up your revenue forecasting game with Modeliks Academy! Chapters: 00:00 Intro 00:23 5 main revenue forecasting methods 01:07 Method 1: Quantity X Price 01:19 Method 2: Capacity utilization 02:25 Method 3: Market share 02:54 Method 4: Competitor benchmarks 04:03 Method 5: Driver-based forecast 05:55 Defining Assumptions 07:27 Driver-based Revenue Forecast in Modeliks 07:30 Creating a Revenue stream in Modeliks 10:15 Setting up a formula 12:40 Sense checking the revenue forecast 14:10 Questions investors might ask you Follow Modeliks: Website: https://modeliks.com/ LinkedIn: https://linkedin.com/company/modeliks YouTube: @Modeliks Instagram: https://www.instagram.com/modeliks.software Facebook: https://www.facebook.com/Modeliks.software/ #financialplanning #businessplan #dashboard #financialreporting #pitchdeck