Financial planning and modeling are important tips for edupreneurs in Nigeria. A financial plan evaluates a company's current finances and predicts future income, capital sources, asset value, and withdrawal plans. It helps manage income, cash flow, and capital. Key elements of a financial plan include operating expenses, profitability, capital expenditures, capital budgeting, capital composition, gearing ratio, and tax planning. A financial model represents a company's operations in numbers to estimate valuation or compare to peers. Common types are three statement and discounted cash flow models. Financial modeling involves record keeping, assumptions, and forecasting to analyze financial strength and variability.

1. Financial Planning
and Modelling
Tips for EduPRENEURS in NIGERIA!
By: Temitope AMUJO

2. What about Financial Planning?
Why do you need a financial plan (FP)?
What do you need to incorporate in your FP?

3. What is a Financial Plan?
Many people get stocked in their business planning when it get
to the financial plan stage.
Comprehensive evaluation of current pay and future
financial state; using existing variables to predict
prospective INCOME, CAPITAL SOURCE, ASSET
VALUE & WITHDRAWAL PLAN.

4. Why do you need a Financial Plan?
Do you know your financial needs (CAPEX and OPEX)?
Plan for it!
Income: It's possible to manage income more effectively through planning. Managing income helps you understand how much money you'll need
for tax payments, other monthly expenditures and savings.
Cash Flow: Increase cash flows by carefully monitoring your spending patterns and expenses. Tax planning, prudent spending and careful
budgeting will help you keep more of your hard earned cash.
Capital: An increase in cash flow, can lead to an increase in capital. Allowing you to consider investments to improve your overall financial well-
being.
• Determine your short and long term financial goal.
• Create a balance plan to meet the goals.

5. What should be in a Financial Plan?
What is the best gearing ratio for a business?
• OPEX LIST (Cash flow statement)
• PROFITABILITY (Income Statement)
• CAPEX LIST (Statement of Financial Position)
• CAPITAL BUDGETING (NPV and IRR)
• CAPITAL COMPOSITION (EQUITY or DEBT)
• GEARING RATIO (Debt to Equity)
• TAX PLAN (PAYE, VAT and INCOME TAX)

6. What about Financial Model?
What are you assuming financially?
What are your financial value proposition?
How are you pricing your products and servicing?
How will your customer pay?

7. What is a Financial Model?
Do you know your financial needs (CAPEX and OPEX)?
Plan for it!
• Financial modeling is the process of creating a
summary of a company's expenses and earnings in the
form of a spreadsheet that can be used to calculate the
impact of a future event or decision.

8. Why do you need a Financial Model?
Financial modeling is a representation in numbers of some or all aspects of a company's operations.
Financial models are used to estimate the valuation of a business or to compare businesses to their peers in the industry.
Examples of financial models may include discounted cash flow analysis, sensitivity analysis, or in-depth appraisal.
• analyze and anticipate company’s financial strength;
• Determine how company can be affected in the
future by unforeseen financial variability or volatility

9. 2 common
Types of Financial Models
For more types of model:
https://corporatefinanceinstitute.com/resources/knowledge/modeling/types-of-financial-models/
• Three Statement Model (income statement, balance sheet, and cash flow)
• Discounted Cash Flow (DCF) Model

10. Key Points of Financial Modeling
For more types of model:
https://corporatefinanceinstitute.com/resources/knowledge/modeling/types-of-financial-models/
• Financial Record Keeping
• Financial Assumption
• Financial Forecasting

11. THANK YOU!
Temitope AMUJO
info@amugoldgroup.com
amugoldmedia@yahoo.com
WhatsApp: +2348056433361