Description

Transcription Services Excel Financial Model

A Transcription Services Excel Financial Model prepared by Oak Business Consultants includes a complete financial framework to make solid financial plans and projections. This financial Model consists of all relevant financial statements and performance metrics, which enable the user to make sound decisions by considering all operational risk factors.

Oak Business Consultant has developed this template for transcription services agencies with a 5-year details forecast. It will help you to manage and organize your business efficiently. Using this model, you cannot be distracted by complicated calculations and utilize more time in marketing activities and managing your customers’ tasks.

The Transcription Services Excel Financial Model is highly adaptable and dynamic for forming a 5-year monthly and yearly 3-statement (Income Statement, Balance Sheet, and Cashflow Statement) financial projection for a start-up or existing agency. This model also consolidates a discounted cash flow valuation calculation by using the projected Free Cash Flows. The Financial Model also calculates the main relevant financial performance ratios and KPIs required by banks and investors to estimate business profitability and liquidity.

Similar Business Models

Rev, Go Transcript, and GMR Transcription

Key Inputs

1. The growth rate of Customers, at what percentage of your customers are purchasing your services.
2. Percentage of Converted Repeat Customers – At what percentage of new total customers come to your website repeatedly.
3. Average Payable and Receivable days your business is following.
4. Cost of Revenue related to total sale.
5. Average Price of different categories of services per minute
6. Percentage of each product category purchased by customers related to the total customers.
7. Zoom conference transcript price per host with the average cost per customer.
8. Tax Rate
9. Marketing Cost- Includes all social media platform’s advertising costs.

Key Features of Transcription Services

Input Sheet

This Input Sheet is linked with all relevant statements; when any changes are made in this sheet, changes are automatically applied to all sheets. This financial model always has built-in flexibility to display different outcomes or final calculations based on this sheet’s changes. For example, this sheet’s growth rate is linked with revenue analysis and Income statements to apply all relevant fields’ growth effects.

Start-up Summary

Start-up costs summary is the expenses incurred while establishing or new business. This sheet provides you and your investors with an analysis of all the capital investment requirements to start your online business. Further, it helps the business present a snapshot of the company to prospective investors and raises capital.

Monthly & Yearly Income Statement

The monthly Income Statement sheet of the Transcription Service Excel Financial Model is perfect for those who require regular reporting and details. Additionally, Income Statement contains all revenue streamlines with gross earnings, and net earnings linked with revenue analysis to ensure accurate reporting. We understand every business’s goal is to profit from that; there must be a mechanism that helps the business owners determine whether they are making profits or otherwise.

Furthermore, the Yearly Income Statement gives you complete insights from revenue to general & administrative expenses and net profit yearly. The content of the Yearly Income Statement is Total Yearly Revenue, Cost of Service, Gross profit margin, General and Administrative Expenses, Tax Expenses, and Net Profit.

Balance Sheet

This balance sheet enables you to analyze your position of current assets, fixed assets, liabilities, and equity. This model also allows you to monitor your accounts receivable, accounts payable, accrued expenses, etc. Therefore, this financial model gives you the perfect space to analyze your key financial balance accounts.

Cash Flow

The Cash Flow statement is one of the most important financial statements because each business’s main goal is to generate cash flow. This shows how much business has consolidated money and how much is not enough to attract additional financing. This sheet also contains a dedicated sheet to monitor and analyze your company cash-ins and out. This cash flow statement is based on several key inputs, such as Payable and Receivable Days, yearly income, working capital, long-term debt, net cash, etc. This calculation is then used to compute your net cash flow, beginning and end cash balances. This model is a perfect template for modeling your cash flow analysis.

Break-Even Analysis

The break-even analysis will help you know at a glance the profits generated at the various sales levels. The Break-Even Analysis refers to the point where your total sales contribution refers to fixed cost at zero profit and loss. This Technique is primarily based on marginal costing, which behaves differently at a different variety of output activity levels.

Project Valuation

Since the table calculates Return on Investment, Investor’s Future Equity Share, and Cash Burn Rate Analysis, analyzing its performance becomes easy to capture potential investors. By using this model, you’ll get a clearer understanding of what your business is worth. Therefore, you can take steps to increase your Transcription Service business’s value before a potential sale.

Diagnostic Sheet

This Diagnostic sheet automatically calculates the data such as the Profitability ratio, Net operating expense ratio to expense, etc., that will provide financial commentary about its financials.

Dashboard

Users and readers respond and process visual graphs better than data. Furthermore, This dashboard provides you with a visualization tool that enables you to track all your relevant financial KPIs, improve cash management, and track expenses, sales, and net revenue in detail to meet and outperform the financial objectives of your online business.

Why Transcription Services Excel Financial Model is Beneficial for you?

1. Overview of Business Profitability: The transcription services Financial Model Template enable the user to determine whether the business is operating profitably or not under a consistent revenue model. This excel model also helps in preparing Business Plan sections for the purpose of Loan or Investment.
2. Identify Operation Trend: The financial model allows the user to compare financial statements and ratios over various periods of time so as to identify the perpetual trend in business. This model also helps the business in knowing what products are selling well, what segments are growing well, and which segment of business needs further review and re-investment or complete exit at once. Therefore, Identifying trends is a necessity for the business to sustain growth and achieve higher profits.
3. Investor’s Friendly: All related investor metrics are present. Therefore, investors will appreciate the full transparency of a Transcription Services financial model while considering investing in your business.
4. Clear Integration: Integrated and connected everything from assumptions to all financial statements and Performance KPIs in a well-structured and deal-proven way.
5. Data Visualization Tool: Provides data visualization graphs that clearly depict your company’s financial health. So then you can track your company’s performance easily.

Walk-Through Video of Transcription Services Excel Financial Model

The following video will give you an overview of the different components of the financial model and will help you understand how it works.

This Product Includes: 1 Excel File