On the surface, payroll expenses are the easiest part of financial planning. You just multiply the number of employees by their annual or monthly payroll, and you’re good. In fact it is more complicated than that.
All in Financial Modeling
On the surface, payroll expenses are the easiest part of financial planning. You just multiply the number of employees by their annual or monthly payroll, and you’re good. In fact it is more complicated than that.
When raising funds, every business is asked to show investors the projected financials of the business (or financial model). But what information should a financial model actually include? How do you build a revenue forecast?
As a tech financial consultant, I talk to many startup founders and tech investors every week, and every time I’m amazed all over again to see the differences in the line of thinking and understanding in private market investing between founders and investors.