Introduction to Financial Modelling

09/08/21 • 5 min

If you’ve ever wanted to know what a financial model is and why an how you’d use one then this episode is essentially a financial modelling for beginners video!
Financial modelling forecasting is also discussed as a way of projecting what you might expect financially in the future. Similar to a weather forecast :)
Dive in with me now as we look at financial modelling for startups & small businesses as well as non profits too!

Connect with me on LinkedIn or visit our website rightsource.com.au
Visit the downloads page to access accounting spreadsheets, templates and budgets.

If you have any questions, are in the process of starting up an NFP, interested in becoming an NFP CoSec, feel free to contact me on LinkedIn.
If it is of interest, join us for the NFP Governance Rendezvous, a free online event for NFP CEOs, Directors and CoSecs, or anyone aspiring to these positions; or just wanting to learn more about governance in the NFP space. Click here to learn more about upcoming Rendezvous.

Right Source Empowering Your Purpose Is Ours.

Connect with me on LinkedIn or visit our website rightsource.com.au
Visit the downloads page to access accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

Previous Episode

What is the best accounting software for small business in Australia?

Are you a small business looking for the best accounting software to get your started? Then you need to watch this video as I walk you through the thought process to help you choose which accounting software is best for small businesses.
One of the things I commonly come across with small business is their need to find the best accounting software that can do everything from bookkeeping to invoicing to reporting to inventory management. But here’s the thing, when you’re looking for which accounting software is best you simply must take into consideration whether you need something with generalist capabilities or specific capabilities. It’s not as simple as Xero vs MYOB.
Whether it’s accounting software for small business or accounting software for large business or accounting software for nonprofits it’s important that you know what you want and need from it in order to choose the best one. If you require something that is diverse in what it can offer then perhaps you might need to consider a lesser known platform that caters specifically to your industry.
So, follow along with me as we look at accounting software in Australia and how you can make the best possible decision for your business.

Connect with me on LinkedIn or visit our website rightsource.com.au
Visit the downloads page to access accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.

Next Episode

Accounting Basics: Debits and Credits Explained

Ready to learn some more accounting basics? Today we look at debits and credits in our debits and credits explained episode!
This accounting stuff isn’t hard when you know the basics and understanding debits and credits accounting is one of the things that any good business owner should try and wrap their head around.
Come with me as I dive into this accounting 101 series and show you how we do accounting in Australia. The principles and accounting basics in Australia are fairly standard practice but it’s always good to understand the nuances.
If you need an Australian accountant specifically for any nonprofit needs, then please reach out and I would be happy to help or point you in the right direction.

Connect with me on LinkedIn or visit our website rightsource.com.au
Visit the downloads page to access accounting spreadsheets, templates and budgets.

Right Source Empowering Your Purpose Is Ours.