A startup financial model is a set of assumptions and calculations used to determine the viability of a business. It helps you understand your startup's financial situation, make decisions about how to proceed and communicate with potential investors or partners.
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So, you want to start a company. That’s great! It’s a big decision, though, and it’s easy to get overwhelmed by the work that needs to be done. One of the first things most people think about when they start thinking about starting a business is what they need to do financially. If you’re not sure how to approach this important topic, here are some key concepts related to the startup financial model that will help get you started.
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