Online Freelancer Platform Financial Model
The Online Freelancer Platform Financial Model is designed for start-ups or on-going business or small-medium sized enterprises. A well-researched and thorough financial model will suit the Online Freelancer Platform for its high adaptability to frequent changes and assumptions.
Description of the Financial Model
The Online Freelancer Platform Financial Model will help you to analyze your business, identify drivers for profit and loss. The model also helps you to calculate cash-ins and outs accurately, contains financial statements, assumption sheets, and predicts future sales forecasts. Moreover, the objective of this business model is to help users in profitability planning, liquidity planning, valuation of the company, and utilization of funds.
Summary of Features and Benefits:
The whole idea of building the Input Sheet is to create a dynamic set of projections about the business. It contains all relevant inputs like costs of revenue, capital expenditure, advertisement revenues, expenditure, monthly payroll, and cost of sales.
Understanding the structure of your Freelancer Platform, we have created an easier way to calculate your revenue streams, which are also completely flexible for changes and assumptions. The revenue input includes revenue generated from the marketplace, revenue generated from subscriptions/connects and managed services offered to your users. The calculation also contains a section of commission input for your business that may help you evaluate the commission revenue rates charged from your users compliantly. Furthermore, the Freelancer Platform Financial Model will allow you to edit/add/delete any assumption you may want to include/exclude according to your financial requirements.
This sheet provides an analysis of all the investment requirements of a new start-up and helps the business to present a snapshot of the company to prospective investors and help to raise capital.
Users and readers respond and process visual graphs/ charts better than data. We have used dynamic charting in sheets that are linked to tables. Besides, charts visually track profitability, revenue, cash flow, and several other financial metrics that make this model a great buy.
The Monthly Income Statement sheet for the Online Freelancer Platform is perfect for those who require regular reporting and details. Additionally, P&L contains all revenue streamlines with gross earnings, net earnings linked with revenue analysis to ensure accurate reporting.
We understand the goal of every Online Freelancer Platform is to make a profit, so they need a mechanism that helps the business owners to determine whether they are making profits or otherwise.
Furthermore, the Yearly Income Statement gives you complete insights into revenue and operating expenses. It also contains several graphs, assumptions, ratios, margins, net profit earning, cost of services, and profit after tax.
We prepared receivable and payable days to help users accurately predict cash activities, including free cash flow to the firm. For customer ease, these receivable and payable days are set as Input so that the customer can change anytime he wants.
We included the Balance Sheet since it is also a vital report for every business. It will show all the current and long term assets, along with liabilities and equity of the company. Also, the Balance Sheet provides vital information required to calculate various ratios.
All businesses always caries risk; therefore, we included the evaluation sheet. So, it will help you to know at a glance the NPV in excel, IRR, and return on invested capital (ROIC).
What makes this model a great buy?
The Online Freelancer Platform Financial Model comes with similar inputs like other businesses. However, it is essential to understand that not every online business revenue and other inputs are identical. Online Freelancer Platform Financial Model is a unique model that may help you forecast and evaluate your financial assumptions. Moreover, the Online Freelancer Platform Financial Model is flexible and portrays in both design and technique. It is highly adaptable for the user in the long run. Therefore, all modifications and scenarios can be changed in any field successfully.