Financial Modeling – Financial Services for SMEs

In today’s competitive scenario, small and medium-sized enterprises (SMEs) face several challenges on a daily basis with respect to financial decision making. Whether it is the lack of resources and time, the need to improve the accuracy of their financial forecasts or the lack of understanding of the tools in place, many factors affect the quality of business decision making.

Seeking external expertise could be the solution to take your business to the next level. Choose a more economical and efficient option to take control of your finances with Cofinia experts!

WHAT IS FINANCIAL MODELING?

Financial modeling is a tool developed to better understand and manage the different financial situations a company faces over time. Financial modeling is used to forecast the future financial performance of a company and the evolution of its financial statements: income statement, balance sheet and cash flow. Forecasts are based on current data (such as financial data) and historical data of the company and take into account different assumptions and scenarios in order to paint a realistic picture.

Financial modeling is an excellent risk management tool for a company

Financial modeling is also used to simulate various market phenomena in order to help manage asset portfolios and to do strategic planning in various departments of the company. You will also be able to do predictive analysis and better calculate your annual budget or your advertising budget depending on what you choose to study. 

Cofinia’s financial modeling helps you make better operational decisions for your Small and Medium Business: Find out how our team can help you!

COFINIA’s FINANCIAL MODELS

Optimize your financial resources and efforts with Cofinia!

The use of financial modeling and its implementation offers you several possibilities

  • Identify key factors for the financial success of your business;
  • Facilitate decision making by considering all factors at play according to their importance;
  • Discover the future financial impacts of your management today;
  • Understand market phenomena;

Develop a growth strategy that considers important factors

Model development and the creation of financial models are elements that every company should incorporate into its financial strategy to improve decision making. Through simulations and sensitivity studies, a Cofinia financial model can help you better understand your SME and its specific needs. The flexibility and customization of financial modeling opens many doors: cash management, dashboard, performance indicators and much more.

OUR FINANCIAL EXPERTISE

Cofinia builds custom financial models specifically adapted to your business model and industry. With over 20 years of entrepreneurial experience, our financial modeling services are flexible and accurate. Our goal is to help you grow your business by optimizing your financial strategy through informed decision making.

Our goal: reduce uncertainty with multiple scenarios!

Financial modeling offers the possibility of analyzing multiple scenarios, identifying potential risks and opportunities, and adapting the management of your business accordingly. These scenarios can be based on different factors to understand the impact: variations in your production costs, price changes by your suppliers and even regulatory changes.

WHY ENTRUST YOUR BUSINESS MODELING TO COFINIA?

Financial modeling requires a thorough knowledge of accounting (and mathematical modeling) and finance principles as well as business management – the three areas of expertise of Cofinia Consulting. First, you must understand the project sector in question, its dynamics and the multiple factors that will impact a project, your operations and your financing. The process of creating a financial model is complex and requires professional skills. There are few professionals who offer this service, so take advantage of Cofinia’s services for better management!

Our team of professionals in financial analysis and quantitative analysis develops reliable financial models through financial modeling. Our team of financial modeling experts can assist you with flow calculations, revenue calculations, matrix calculations and stochastic calculations.

 

Cofinia’s financial services for SMEs

Our services allow you to :

  • Assess the risks of your business;
  • Estimate the costs and project the revenues of your company and your projects;
  • Assess your cash flow and financing needs;
  • Perform gap analysis between your actual and projected results;
  • Perform scenario analysis;

Why not buy modeling software?

There is always the option of purchasing financial simulation software and trying to model your company’s finances yourself. However, this is both an expensive and time consuming option to integrate into your operations.

Quality modeling software is a significant investment for small and medium-sized businesses. This decision also implies that you will have to develop in-house expertise for this financial projection software, which means a lot of training and a delay before you can use it to its full potential and ensure model consistency. Cofinia’s services are much less expensive, deliver reliable results quickly and allow you to focus on your most important operations!

Save money without sacrificing the quality of your financial modeling

THE ADVANTAGES OF A FINANCIAL MODEL BY COFINIA

When you do business with Cofinia, you can be assured of a complete service that goes beyond the application. We are present throughout the entire service process to bring you the benefits of a professional financial model. Cofinia offers multiple advantages for Quebec SMEs, such as

Flexibility

l

Personalization

Risk reduction

Sustainable growth

Financial optimization

Team-based approach

CONTACT COFINIA TODAY TO DISCUSS OUR FINANCIAL MODELING SERVICES!

Take control of your company’s finances and operations with models developed by Cofinia’s experts! Reducing uncertainty in your strategic decisions and understanding the impact of various factors on your accounting and financial results will inevitably lead you to success!

Do not hesitate to contact our modeling analyst to find out how Cofinia’s financial modeling can help you!

Learn More About Cofinia’s Modeling Services

What is the difference between a financial projection and financial modeling?

A financial projection measures the performance of your company in the future in order to estimate your return and your need for financing. It is a static picture of your business in the future that can be used for strategic decisions.

A financial projection differs from financial modeling in its dynamic aspect! Financial modeling allows companies to analyze several scenarios and the impact of different factors in a flexible model. A model takes into account elements external to the company such as the evolution of the economy, the industry and your competitors.

What scenarios should you include in your financial modeling?

There is no limit to the number of scenarios you can model: hundreds of factors can have an impact on your company and its finances. These factors also vary depending on the type and size of the business and the industry in which it operates. Two companies with similar scenarios can have very different models!

However, Cofinia recommends including three basic scenarios in your financial modeling: the best case scenario, the worst case scenario and the best case scenario. These will allow your company to adequately prepare its financing and mitigate many more risks. They reduce uncertainty and allow you to better organize your operations and resources!

What are the reasons to use financial modeling?

We know that financial modeling is an excellent tool for decision making, because it allows you to analyze different scenarios, your financing needs and the impact of key factors on your business. But under what circumstances do we recommend you create a financial model?

Financial modeling is beneficial in all major decision making, and provides the answer to questions such as:
  • Should I expand?
  • Should I change my operations?
  • Should I launch a new product or service line now?