From Webinar to a Practical Guide

How Did This Guide Come About?

On March 6, Finetic Consulting, in collaboration with the business club CLUB.ORG, hosted a free webinar titled “20 Steps to Building an Effective Financial Model.” The strong turnout and lively discussions made it clear—many professionals struggle with financial modeling. For some, their models become overly complex yet practically useless spreadsheets.

During the webinar, we covered the key principles of financial modeling, common mistakes, and real-world approaches to financial calculations. However, the number of questions was overwhelming, making it impossible to address everything in just one session. That’s why we decided to compile the most important insights into a series of articles—a step-by-step guide designed to help you build a practical and reliable financial model, rather than just a well-formatted Excel file that falls apart when put to the test.

What Does the Series Include?

• Part 1. Fundamentals – Why financial models matter, common mistakes, and where to start.
• Part 2. Planning – Sales forecasting, resource allocation, and roadmap development.
• Part 3. Calculations & Scenarios – Creating realistic forecasts and tracking key financial indicators.
• Part 4. Validation & Application – Stress testing, investor presentations, and model updates.

This series isn’t just a theoretical guide—it’s a hands-on manual based on real-world experience.

If you missed the webinar, don’t worry! In these articles, we break down every essential aspect of financial modeling so you can build a powerful decision-making tool, not just a formal document for investors.