Slides Mike Claiborne recently used in his discussion w/ mentees of The Product Mentor.
The Product Mentor is a program designed to pair Product Mentors and Mentees from around the World, across all industries, from start-up to enterprise, guided by the fundamental goals…Better Decisions. Better Products. Better Product People.
Throughout the program, each mentor leads a conversation in an area of their expertise that is live streamed and available to both mentee and the broader product community.
http://TheProductMentor.com
Building a Financial Model That Actually WorksIntelligent_ly
What is a financial model? Learn about how to create a bottoms up financial model, revenue assumptions, sales assumptions, marketing assumptions, general and administrative assumptions, and cash flow statements and balance sheets. Building a Financial Model That Actually Works. A class taught by Dan Allred (SVB) and Matt Nichols (Gemvara) at Intelligent.ly's Boston campus. To learn more from the experts, visit http://intelligent.ly/learn
Types of Financial Model - Financial Modeling by EduCBAeduCBA
https://www.educorporatebridge.com/financial-modeling/types-of-financial-model/
Learn the different types of Financial model like DCF Model, Comparative Company Analysis model, Sum-of-the-parts model, LBO Model, M&A model and Option Pricing Model
Agenda:
Modeling depleting items
Consistency in the format
Modeling the Taxes
Modeling of Debt and Cash Balances
Edupristine offers Financial Modeling Course in US a practical approach for financial analysts to come to the business valuation of any organization
More info take a look at:http://www.edupristine.com/ca/courses/financial-modeling/
Slides Mike Claiborne recently used in his discussion w/ mentees of The Product Mentor.
The Product Mentor is a program designed to pair Product Mentors and Mentees from around the World, across all industries, from start-up to enterprise, guided by the fundamental goals…Better Decisions. Better Products. Better Product People.
Throughout the program, each mentor leads a conversation in an area of their expertise that is live streamed and available to both mentee and the broader product community.
http://TheProductMentor.com
Building a Financial Model That Actually WorksIntelligent_ly
What is a financial model? Learn about how to create a bottoms up financial model, revenue assumptions, sales assumptions, marketing assumptions, general and administrative assumptions, and cash flow statements and balance sheets. Building a Financial Model That Actually Works. A class taught by Dan Allred (SVB) and Matt Nichols (Gemvara) at Intelligent.ly's Boston campus. To learn more from the experts, visit http://intelligent.ly/learn
Types of Financial Model - Financial Modeling by EduCBAeduCBA
https://www.educorporatebridge.com/financial-modeling/types-of-financial-model/
Learn the different types of Financial model like DCF Model, Comparative Company Analysis model, Sum-of-the-parts model, LBO Model, M&A model and Option Pricing Model
Agenda:
Modeling depleting items
Consistency in the format
Modeling the Taxes
Modeling of Debt and Cash Balances
Edupristine offers Financial Modeling Course in US a practical approach for financial analysts to come to the business valuation of any organization
More info take a look at:http://www.edupristine.com/ca/courses/financial-modeling/
This Financial Modeling course comprises of four e-books which thoroughly covers every aspect of financial modeling in detail.For FREE access of rest of the 3 e-books and tons of other free resources visit the link https://www.educorporatebridge.com/freebies3.php
For full text article go to : https://www.educorporatebridge.com/financial-modeling/financial-modeling-technique/ This Financial Modeling Technique will help you to understand some important techniques like color coding, circular reference, compilation of historical data, things needs to be considered before making an assumption etc in order to make a financial model easy to understand.
This presentation provides an understanding of what financial modelling is and how it is used. Moreover it covers the basic approach for creating financial models and utilising them as needed.
This presentation provides an overview of the basic principles and calculations often used in developing a financial justication analysis as part of a Business Case. Topics covered include:
- Pre-Tax Cash Flow
- Payback Period
- Accounting Terms and Principles
- Depreciation Methods
- After-Tax Cash Flow
- Discounted Cash Flow
- Net Present Value
- Internal Rate of Return
- Modified Internal Rate or Return
- Economic Value Added
- Packaging the Business Case
Value Investing or Momentum Investing? Which is better? Or should you blend them? If you blend them, is it better to have 50% momentum, 50% value, or is it better to rank all the value stocks by momentum, or momentum stocks by value. Find out in this presentation!
This Financial Modeling course comprises of four e-books which thoroughly covers every aspect of financial modeling in detail.For FREE access of rest of the 3 e-books and tons of other free resources visit the link https://www.educorporatebridge.com/freebies3.php
For full text article go to : https://www.educorporatebridge.com/financial-modeling/financial-modeling-technique/ This Financial Modeling Technique will help you to understand some important techniques like color coding, circular reference, compilation of historical data, things needs to be considered before making an assumption etc in order to make a financial model easy to understand.
This presentation provides an understanding of what financial modelling is and how it is used. Moreover it covers the basic approach for creating financial models and utilising them as needed.
This presentation provides an overview of the basic principles and calculations often used in developing a financial justication analysis as part of a Business Case. Topics covered include:
- Pre-Tax Cash Flow
- Payback Period
- Accounting Terms and Principles
- Depreciation Methods
- After-Tax Cash Flow
- Discounted Cash Flow
- Net Present Value
- Internal Rate of Return
- Modified Internal Rate or Return
- Economic Value Added
- Packaging the Business Case
Value Investing or Momentum Investing? Which is better? Or should you blend them? If you blend them, is it better to have 50% momentum, 50% value, or is it better to rank all the value stocks by momentum, or momentum stocks by value. Find out in this presentation!
Budgeting is a process of expressing quantified resource requirements (amount of capital, amount of material, number of people) into time-phased goals and milestones.
Check out more @ www.eleaderstochange.com
Follow: #eleaders2change
Break Even - Why Every Contractor Needs to Know It. Presented to PDCA Residential Forum Advanced Shop Talk on July 16, 2010 in Charleston, SC.
How to calculate your break-even point based on annual and monthly budgets
How to determine what it takes to make an investment in overhead pay for itself
Analyze your situation to determine what costs can be cut to lower your break-even
Determine how and when it makes sense to increase your overhead
Learn the top 5 things every business owner should know about their businessJohn Graham
Successfully growing your business means you utilize data to steer your company in the right direction. Understand how to develop a dashboard that measures company performance. Learn the top 5 things every business owner should know about their business, how to assemble and present that information.
Pace 2009 Effective Financial ManagementLinnea Blair
Presented at PACE 2009 Convention by Linnea Blair, Advisors On Target. Some information in this presentation is sourced from RAN ONE, Inc. Advisors On Target is a RAN ONE Business Advisor.
Branches of Accounting What You Need to Know When Writing an Assignment.pdfMatt Brown
Accounting is a fascinating and complex field, so it can be hard to know where to start when writing an assignment. This article will give a couple of supportive tips to fanning out into new areas of bookkeeping. You will be better able to write about the various accounting fields accurately and thoroughly if you comprehend them. When writing your next assignment, keep these suggestions in mind!
Financial Statement Analysis Project
Valuation
Valuation
The last step of the project is to valuate the company and determine the buy price
We are going to introduce two valuation systems:
Margin of Safety price
Buy price based on Owner Earnings
2
Margin of Safety (MOS) Price
Step 1: EPS Trailing 12 month (EPS TTM)
Sum of EPS from the most recent 4 quarters (from Yahoo Finance or 10-Q)
Step 2: Future Growth Rate (FGR) – Key Parameter
You have calculated annual growth rates of Book Value, EPS, CFO, and Sales per share
Use these growth rates to come up your estimate of FGR (you just need to ball park a FGR, and it will be a rough estimate)
Your estimated FGR should be <= Analysts’ forecast of future growth
Step 3: Future EPS=EPS TTM × (1+FGR)10
Projected EPS in 10 years
Margin of Safety (MOS) Price
Step 4: Future P/E Ratio= 2 × FGR
Should be capped at historical high P/E ratio
Step 5: Future Value= Future EPS × Future P/E Ratio
Projected firm value in 10 years
Step 6: Fair Price= Future Value ÷ 4
Company’s fair value today
We want our money to double up every 5 years
Step 7: MOS Price= Fair price × 50%
I can help you with analysts’ forecast of FGR and historical high P/E ratio, as it can be challenging for you to find out
Buy Price based on Owner Earnings
This is the valuation method Buffett uses and explained in his 1986 Letter to Berkshire’s shareholders
We think of businesses like many people think of a real estate investment – a money making machine based on net profits generated
One way to look at a business is by analyzing cash flow generated after certain expenses. If you can keep a good profit after expenses and expect it to continue in the future, you have a good deal.
Buffett defines this cash flow as “Owner Earnings.”
We are looking to buy a great company at a price that will earn a 10% return (=Owner earnings) every year
Compute Owner Earnings
Pretax Income
+ Depreciation and Amortization
+/- Changes in Accounts Receivable
+/- Changes in Inventories
+/- Changes in Accounts Payable
- Maintenance CapEx (Total CapEx with Growth CapEx taken out)
----------------------
= Owner Earnings
Maintenance CapEx
Maintenance CapEx is the money the company spent to replace worn out property and equipment for the last fiscal year.
In real estate, this is like replacement of roof, countertop, carpet, and furnaces, etc.
The money spent on acquiring more real estate properties is Growth CapEx.
Most companies, however, do not separately report maintenance CapEx.
So we need to read 10-K to help us identify the maintenance CapEx.
Entry Point
Now you have two buy prices calculated. If your company is a great company you would like to own for the next 10 years, wait now until an event puts the company on sale
Great companies are often priced high (e.g., Costco, Chipotle, Ulta), and we don’t chase the stock
An event is an incident that causes the company’s stock price to decline sharply and puts the comp.
Financial Planning - Joel Humphrey (Freelandt Caldwell Reilly LLP)NORCAT
Joel Humphrey, partner at Freelandt Caldwell Reilly LLP returns to ENT101 to discuss financing for start-ups.
Joel works with many of the firm’s start-up clients to review business plans, develop financial forecasts, map out cash flow strategies and arrange financing requirements. With Joel’s extensive experience with young companies, this lecture will be extremely informative for all levels.
Watch the presentation at http://www.norcat.org/ent-101/season-3-lectures/
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.AnnySerafinaLove
This letter, written by Kellen Harkins, Course Director at Full Sail University, commends Anny Love's exemplary performance in the Video Sharing Platforms class. It highlights her dedication, willingness to challenge herself, and exceptional skills in production, editing, and marketing across various video platforms like YouTube, TikTok, and Instagram.
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
buy old yahoo accounts buy yahoo accountsSusan Laney
As a business owner, I understand the importance of having a strong online presence and leveraging various digital platforms to reach and engage with your target audience. One often overlooked yet highly valuable asset in this regard is the humble Yahoo account. While many may perceive Yahoo as a relic of the past, the truth is that these accounts still hold immense potential for businesses of all sizes.
FIA officials brutally tortured innocent and snatched 200 Bitcoins of worth 4...jamalseoexpert1978
Farman Ayaz Khattak and Ehtesham Matloob are government officials in CTW Counter terrorism wing Islamabad, in Federal Investigation Agency FIA Headquarters. CTW and FIA kidnapped crypto currency owner from Islamabad and snatched 200 Bitcoins those worth of 4 billion rupees in Pakistan currency. There is not Cryptocurrency Regulations in Pakistan & CTW is official dacoit and stealing digital assets from the innocent crypto holders and making fake cases of terrorism to keep them silent.
Understanding User Needs and Satisfying ThemAggregage
https://www.productmanagementtoday.com/frs/26903918/understanding-user-needs-and-satisfying-them
We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.
In this webinar, we won't focus on the research methods for discovering user-needs. We will focus on synthesis of the needs we discover, communication and alignment tools, and how we operationalize addressing those needs.
Industry expert Scott Sehlhorst will:
• Introduce a taxonomy for user goals with real world examples
• Present the Onion Diagram, a tool for contextualizing task-level goals
• Illustrate how customer journey maps capture activity-level and task-level goals
• Demonstrate the best approach to selection and prioritization of user-goals to address
• Highlight the crucial benchmarks, observable changes, in ensuring fulfillment of customer needs
Building Your Employer Brand with Social MediaLuanWise
Presented at The Global HR Summit, 6th June 2024
In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.
Navigating the world of forex trading can be challenging, especially for beginners. To help you make an informed decision, we have comprehensively compared the best forex brokers in India for 2024. This article, reviewed by Top Forex Brokers Review, will cover featured award winners, the best forex brokers, featured offers, the best copy trading platforms, the best forex brokers for beginners, the best MetaTrader brokers, and recently updated reviews. We will focus on FP Markets, Black Bull, EightCap, IC Markets, and Octa.
1. Finance for the Product Manager
Book Review
Presented by - Susheel R
(Chp 6)
2. Introduction
PM need not have a formal education in FM.
Solid Understanding of Numbers.
It leads to evaluate the performance of the products.
Decisions are made purely on Financial Data.
3. Familiarity with words like
• Depreciation
• Working Capital
• Cash Flow
• Gross Profit
• NPV
• ROI
Leads earning respect from Cross Functional Team Members as
well as from Management
Language of Business
4. Understanding the Financial
Statements leads to
Create Product Budgets
(Current)
Analyze
Results
Make Decisions when
results don’t align with
projections.
5. Income Statement (P&L A/c)
Sample P&L A/c
Sales Revenue XXX
(-)COGS (Material, Labour, Overhead) XX
(-) Expenses (Mrktg, Sales, R&D) XX
EBIDTA (Less Dep,Int,Tax) X
Net Income X
P&L tracks Product or business performance
(montly, quarterly, or yearly)
Product (Profit/Loss)
6. Balance Sheet
Snapshot of Assets & Liabilities
It shows the net worth of the company.
Like Human Body Balance sheet should be Balanced
Important Terms – Assets & Liabilities
7. Terminologies
Fixed Assets (Land, Building, Mfg Equipment)
Intangible Assets – Intellectual Property
Current Assets (Converted in cash in 1 year)
Quick Assets
8. Long Term Liabilities
Equity/Pref Shares
Long Term Loans
Debentures, Bonds
Current Liabilities (Should be paid within a year)
Payments for Operating Expenses
Short Term Loans
Creditors
9. Net Working Capital
Money required for Day to Day Operations
Formula (Current Assets – Current Liabilities)
Little WC - Obligations
High WC - Can indicate Problems such as
(Excess or slow selling Inventory
Slow payments by customers)
10. A PM should be easily able to
Analyse
&
Rectify
12. Product Managers & FL
Important to know from Competitors point of view.
Whether they are overly leveraged (In Debt) or not?
If yes then they cannot invest in
New Products
New Marketing Programs
13. It’s a reference tool (purchase of new equipment)
High Inventory (Figures)– Sales are not materialising
Low Inventory – Lag in Production or High Sales.
Why Balance Sheets are Imp?
14. Inflow & Outflow of Money on monthly Basis
Inflow – Revenue
Outflow – Business Expenses
(Ideal Situation Revenues should exceed Investments)
PM should Just have a fair understanding
(CFO is mainly responsible)
Cash Flow (Present Value)
15. • Product Team Borrows money from CFO
• Money repaid with interest = Discount Rate
Eg: Suppose Product Team need $ 100,000 for a
new product. (Discount Rate: 12%)
Money is received in future hence its discounted
back to present.
16. Note: In the 2nd year money is discounted twice – (Compunding Discount)
The Mechanics of Cash Flow
17. • Create Business cases for Product Investments
• Assemble Forecast
• Test Planning Assumption (Sensitivity Analysis)
• Derive product Cost Models
• Establishing Pricing Models
• Prepare Product Budgets
18. Business case = Primary Document
Investment = Requesting Money from
Management
Cases should be realistic & believable.
21. Deriving Product Cost Model
Standard Costing
Std Cost Vs Actual Discrepancy is analysed
Target Costing
Market Price- $100
Profit - $75
TC should not exceed $25
Activity Based Costing
It can be helpful for Cost Reduction & Process Improvement
22. Establishing Pricing Models
Pricing is done with well researched customer needs &
Competitive Pressure.
New Product at low Price = Market Share
Luxury Consumer Segment = High Price
PM sits with Financial Specialist.
Product Revenue is dependent on Pricing Forecast.
GP is calculated on the units you sell.
23. Preparing Product Budgets
PM submits the budget in October
Explains Variances between Actual Vs Budget
PM Budgets for next Fiscal Year.
Short Term Planning
Co-ordinating Functional Activities.
Communicating to Management / Team Members
Tracking Progress
Budgets are done for”
24. Managing the Business
PM ensures – Product achieves the Business Goals
as Budgeted.
PM should determine the product on PLC.
25. Makes sure the Product is Achieving its
Financial Goals.
PM evaluates the Product Financial Performance
by asking 3 Questions….
What is the Variance?
What Happened?
What is the Action Plan for remedying the
Situation?
26. Financial Ratios
PM is concerned only with 4 Ratios.
Gross Profit % Ratio = GP / Total Revenue
Net Profit % Ratio = NP/Total Revenue
27. Activity based ratios
(How fast the customer pays)
Inventory Turnover Ratio = COGS/Avg Inv
How many times the Inventory is refreshed?
How fast you are moving your product?
28. Maturity Assesment - PLC
• PM analyze Product Performance
• Visual Clues
The depiction provides
7 Qtr
6 QTR Slow Growth
Decline from
Qtr 13 to Qtr 19
Followed by 8 + Qtr’s
By Renewed Growth
29. Summary
• Product Managers need not be Financial Experts
• They should have some Financial Acumen
• They should draw their team into Number Game
• PM should overcome Financial Challenges.