Eric, you forgot to deduct the deferred tax asset from earning before tax (EBT), when EBT is positive. The business should be taxed later than your forecast. Also, should there be a decrease in cash flow when the tax asset accumulate? Such asset will increase cash flow once earnings become positive and tax payment is offset by the asset.
Can you make videos on how to make models for startups having multiple revenue streams like subscription, licensing, partnership etc.plz make few videos on such content and how to find the target market in that and can you make a video on how to make a revenue and cost model in detail.hope u considet that
This is great! Thank you for explaining this in such detail. I’ve always wondered how to compare or contrast the forecast with real data once you kick-off operations. Is just a matter or replacing the real numbers for the assumptions, or something else?
Great! Ya for sure, I would just prepare a separate report where you show your income statement and in one column "actuals" and the next "budget" and you can do the comparison monthly, quarterly, and annually as you move through the year.
Another great video explained very well. I must have missed it, but why does the manufacturing cost of TRANSACTIONAL vs. SUBSCRIPTION have a difference? Shouldn't the manufacturing cost be the same? But the COGS would be different. What am I missing?
Usually average order values (AOVs) are different on transactional vs subscription ie people buy more on 1 time orders vs subscription so I just wanted to add that nuance in
Yes here in my "influencer business financial model" I cover it in the "private community" section czcams.com/video/UBsK07oq1MI/video.htmlsi=gAo7MIbKSn6D7NRq
I was assuming that was a product run we did before we started the model. But you could include it as well, just need to add some months to the start of the inventory tab.
In case you missed it, you can watch part 1 here: czcams.com/video/ZkOr_xy1rgY/video.html
Eric, you forgot to deduct the deferred tax asset from earning before tax (EBT), when EBT is positive. The business should be taxed later than your forecast. Also, should there be a decrease in cash flow when the tax asset accumulate? Such asset will increase cash flow once earnings become positive and tax payment is offset by the asset.
Can you make videos on how to make models for startups having multiple revenue streams like subscription, licensing, partnership etc.plz make few videos on such content and how to find the target market in that and can you make a video on how to make a revenue and cost model in detail.hope u considet that
This is great! Thank you for explaining this in such detail. I’ve always wondered how to compare or contrast the forecast with real data once you kick-off operations. Is just a matter or replacing the real numbers for the assumptions, or something else?
Great! Ya for sure, I would just prepare a separate report where you show your income statement and in one column "actuals" and the next "budget" and you can do the comparison monthly, quarterly, and annually as you move through the year.
Another great video explained very well. I must have missed it, but why does the manufacturing cost of TRANSACTIONAL vs. SUBSCRIPTION have a difference? Shouldn't the manufacturing cost be the same? But the COGS would be different. What am I missing?
Usually average order values (AOVs) are different on transactional vs subscription ie people buy more on 1 time orders vs subscription so I just wanted to add that nuance in
Thanks for the wonderful video!
You are very welcome!
Have you done one on a subscription based online community?
Yes here in my "influencer business financial model" I cover it in the "private community" section czcams.com/video/UBsK07oq1MI/video.htmlsi=gAo7MIbKSn6D7NRq
Where do you account for the starting inventory cash outlay of 5000 units?
I was assuming that was a product run we did before we started the model. But you could include it as well, just need to add some months to the start of the inventory tab.
@@eric_andrews Could you take it out of the raised capital amount?
JIT! wooHOO!~~~
I hope you enjoy!