Build a Financial Model & Projections for your Business: Workshop, Headquarters, Saturday, 25. January 2020

Welcome to The Common Quest: workshops for entrepreneurs. We help you build your business. 

Build Financial Projections & Working Financial Model for your Business

This workshop helps you create a simple, dynamic financial model and three-year projections to estimate the financial performance of your business.
This workshop is intended for entrepreneurs aiming to develop financial projections for their new or existing business or wanting to validate an idea.
We provide hands-on guidance, support, and feedback as you develop your financial model.
We save you time and help you be more effective as you prepare your financial model.
You’ll leave with a working financial model, and three-year projections, well-prepared to answer questions and develop financial scenarios.
The workshop meets in two sessions over 3 weeks and has two optional Q&A calls to help you put together your presentation. The workshop also includes two 30-minute individual feedback sessions over the phone.
To ensure effectiveness, the workshop has no more than eight participants. 

How it works:

We start by identifying the revenue and cost drivers that affect your business and then estimating a range of financial scenarios.
We provide guidance and feedback as you input those scenarios into a straightforward financial model.
We provide model templates as a starting point for you to use.
You’ll leave with a robust financial model for you to use in your business, pitch deck, or investor communications. 


What you'll create

Dynamic financial model in Google sheets for your business (financial drivers, income statement, balance sheet, cash flow statement, etc)
Financial projections over three years
Simple financial scenarios


What you’ll learn

How to identify the revenue and cost drivers of your business (current or potential)
How to quantify and estimate those drivers
How to develop financial scenarios
How to input the scenarios into a simple financial model
How to check and validate your financial model for errors
How to communicate financial projections effectively
How to use a simple financial model (in Google Sheets)
What kind of information is typically included in a financial model 
How to keep things simple so that you can use and adapt the projections in the future


What we’ll cover

Identifying what will cause revenue and costs to change
Estimating financial scenarios
Building a financial model (from templates provided)
Inputting financial drivers into the templates
Basic 3-year financial projections
Feedback and guidance as you develop your projections
Identifying likely questions / errors
Knowing what to track 
Displaying and communicating your projections
Updating the financial model in the future


Workshop schedule:

Session 1: Saturday, January 25, 10 am to 12:30 pm
Session 2: Saturday, February 8, 10 am to 12:30 pm
Q&A call 1: week of Jan 25
Q&A call 2: week of Feb 8
Further Q&A calls: as needed


Who should attend?
This workshop is for entrepreneurs, business owners, and managers who may not have a financial background or wish to increase their skills in building financial projections / pro-forma estimates for their business. This workshop requires your time outside of the workshop (estimated at 10-15 hours over several weeks) as you build your financial model. 

What’s included?
The workshop includes six hours of instruction over two Saturdays, two one-hour Q&A calls between the workshop sessions, practical examples, a written checklist of best practices, financial model / projections template and free parking. Snacks provided. Throughout the workshop we work to apply the principles to your business - further information on what to bring will be provided after registration.

Workshop format?
The workshop format is engaging and practical. I go all-out to convey the essential tools succinctly and in a lively, easy-to-remember manner. Once we have the basics nailed down, we will apply them to your business.

What's different about this workshop?
There are a lot of "lunch 'n learn"-type options available, or free courses / intros online. Those are excellent starting points. This workshop is for participants who want to go deeper and would like assistance and input as your build your financial projections. 

About the Financial Statements & Projections Workshop Series

This workshop is the third in a series which takes entrepreneurs from basic financial knowledge through to a well-formed set of financial projections (& working financial model) for their business: 

How to Build Financial Projections for your Business: The Basics
Build Pro-Forma Financial Projections for Your Business: Workshop

You can take any single workshop on its own or participate in all for maximum effectiveness. 
Join us if you’d like to sharpen your ability to build your financial projections.

About your instructor

Hi, I’m Roy Johnston, your instructor for this workshop. I’m passionate about teaching and providing entrepreneurs with tools to improve their businesses. I present this seminar from a unique perspective as an entrepreneur myself and a career in a variety of financial disciplines.
I am the founder of Orange River Advisors, an advisory firm providing finance, consulting, and transaction advisory services for high potential organizations. I started The Common Quest to provide tools and hands-on workshops for entrepreneurs. I'm also the co-founder of StartHereNow, a startup weekend.
I have deep experience helping organizations build compelling and effective pitch decks and making smart, well-reasoned financial decisions. I am an an attorney by training and have an MBA from Rice University (where I graduated among the top 10 in my class).

FAQs


Parking: Free, on-site
Venue: Headquarters, 3302 Canal Street, Houston TX 77009
Format: 6 hours of in-person interactive workshops, two hours of Q&A calls
Hosted by: The Common Quest / Orange River Advisors 
Instructor: Roy Johnston

Saturday, 25. January 2020, Headquarters, Build a Financial Model & Projections for your Business: Workshop

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