Transforming Financial Planning: From Optimizing Budgets to Final Statements in a Nutshell
Hi all! In the last blog, we learned about determining the perfect markup to achieve optimal prices for your product portfolio. With this crucial step complete, you're ready to construct a manufacturing unit and have it operational by New Year's Eve. In this session, I demonstrated how my budget Excel can serve as your ultimate financial statement. Simply input the correct sales units into my model, and it will tally the balance sheet without any additional price setting required. You might notice that the Bank & PAT are occasionally negative, but this can be addressed by adjusting prices or leveraging pre-existing working capital. Be confident and build your future using my unprecedented techniques. Here's an example of a dialogue with a CEO to illustrate the model: Director David: What is this model that you're selling me? Yasaswi Gomes: I have developed a budgeting technique that ensures the balance sheet balances using either the solver tool or man...
