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How to build an effective forecast for raising funds

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Building an effective forecast is integral to raising debt and equity finance. Joe van Gelder - fellow founder and a specialist in this field - will share key tips, tricks and considerations in building a financial forecast that communicates your strategy to external stakeholders.

 He will explain the reasons why you need a business plan, give an overview of the accounting basics you need to know to build a professional forecast and help you think about how to build your assumptions. Joe van Gelder is the CEO and founder of www.powdr.co.uk; first-of-its-kind financial forecasting software. Powdr builds three statement models that are simple to use, easy to update and unbreakable by design. Our mission is to make “big business forecasting tools” available and affordable to SMEs and startups. 

Having started his career in a restructuring team in a bank, Joe was often provided with poor quality financial information that he had to make a complex lending decision over. To change this, Joe retrained as an accountant whilst working for a global consultancy firm in corporate finance. He became a specialist in his field, building incredibly high-quality, easy to understand, three statement integrated models for large corporates. In 2017 Joe set up his own consulting firm, helping SMEs and large corporates build stakeholder ready forecasts and analysis. Most of Joe’s clients have been businesses in distressed situations or healthy companies looking to raise debt or equity. He works with and for PE, VCs, debt funds and all major banks. 

Recognising the need for KPI driven forecasting in all businesses, Joe set out to build his modelling techniques into software. After two years of development and testing, in September 2023 Joe launched Powdr

Free
9 July 2024 11:00 - 12:00 Online

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Powdr is financial modelling software designed to cater to companies of all sizes, enabling them to create robust forecasts for their Profit & Loss (P&L), balance sheet, and cash flow at an affordable price. The key feature of Powdr is our models are KPI-driven, which allow management teams to effectively communicate their business plans to stakeholders and visibly track the impact of their strategies on financial performance.For this reason, Powdr is particularly useful in the following situations:For Founders with early-stage ideas and start ups: It provides a platform to quickly model different scenarios, helping to determine the financial viability of new business concepts. Our low prices mean that you can reliably test your ideas without wasting precious cash.For businesses seeking funding: Whether you are looking to raise debt or equity, Powdr delivers financial forecasting output in a format understood by banks, Private Equity firms and investors, making their investment decisions easier. The tool also provides simple business valuations and indicates your potential debt capacity based on your forecasts. By helping you prepare a realistic funding request at the right time with reliable data, the chance of a successful capital raise increases significantly.However, Powdr works for all situations and what sets Powdr apart from traditional excel tools is its unbreakable design and the fact that it can easily evolve with your business over time. It is user-friendly interface is easily updated with actual data and its adaptability makes Powdr an essential component of a company’s monthly analysis toolkit.At Powdr we don’t just provide a tool; we support our users. The team behind Powdr brings years of direct industry experience, both in building models and evaluating them for investment decsions. We can provide you with affordable, friendly coaching and support, so that you’re well prepared for crucial stakeholder meetings. 

Powdr Ltd

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