What is the Point of a Financial Model?
![What is the Point of a Financial Model?](https://thecompanydoctor.co.za/wp-content/uploads/2018/10/thecompanydoctor-blog-0007.jpg)
A great financial model isn’t just a spreadsheet: it’s an outline of your fundamental business model that can be used to understand your business. A lot of stakeholders tend to say that financial models are irrelevant for start-up companies. I agree that financial models are rarely accurate, especially if they are prepared by an individual that has a narrow grasp of basic accounting.