Want to understand your financials or raise money for a startup? Quickly get comfortable with your numbers so you can run your business and impress investors. Find free resources here: RocketProForma.com/Resources.
Today I’m sharing with you my killer financial projections slide for your pitch deck. It’s exactly what investors want to see.
My formula is:
1. One or two key metrics (KPIs)
2. Income statement (Profit and Loss or P&L)
3. Headcount
4. Cash
This format gives both you and your potential investors everything you need to understand your startup's financials at a glance. Its format makes you look smart and helps you impress investors. It's also great for running your business.
When you're raising money it's important to have a financial plan to present to investors. They want to see that you've thought about your costs and your growth. They want to be able to talk with you about your numbers and the assumptions behind them—even though they understand that reality will turn out to be different than what you're projecting.
Imagine that you're the investor and you're about to hand thousands—or millions—of dollars to a startup. Would you want them to have a handle on their financials?
The good news is that you don't have to become a financial whiz or a math expert! You just need to understand the basics and be able to present them to investors. This product will help you get there.