Online Marketplace Start-up Excel Financial Model
  • Online Marketplace Start-up Excel Financial Model
  • Online Marketplace Start-up Excel Financial Model
  • Online Marketplace Start-up Excel Financial Model
  • Online Marketplace Start-up Excel Financial Model
  • Online Marketplace Start-up Excel Financial Model
  • Online Marketplace Start-up Excel Financial Model
  • Online Marketplace Start-up Excel Financial Model
  • Online Marketplace Start-up Excel Financial Model
  • Online Marketplace Start-up Excel Financial Model
Originally published: 04/03/2019 13:46
Last version published: 22/09/2019 19:52
Publication number: ELQ-39686-8
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Online Marketplace Start-up Excel Financial Model

BUSINESS START UP FINANCE PLANNING MODEL FOR SELLING THROUGH AMAZON, SHOPIFY ETC

Description
When you have a product or products that you want to sell through an Online Channel such as Amazon, Etsy, Shopify etc, your priority is to ascertain whether you are going to have a business which will make you money or a hobby which will cost you money. You can spend days putting the numbers together to answer this key question or you can use a model like this and take a couple of hours to get the same or a better result.

This model guides you through the normal business creation stages - pre-launch, business set up, test marketing, full launch, expansion and maturity. It allows you to plan selling up to 20 products through up to 4 channels. And it ensures that you plan for all the main business departmental operations as well as incorporating planned asset acquisition policies and the 3 major business funding sources.

The model:
* has a user guide that ensures that you answer all the key financial questions necessary to get an accurate outcome
* the inputs are in a modular standalone format specifically designed for non accountants
* it produces both standard accounts outputs (P&L,BalanceSheet,Cash Flow Forecasts) and visual dashboards that give you at a glance understanding of your plans financial outcomes.

This Best Practice includes
1 Excel Workbook - contains update MACROs

Acquire business license for $29.00

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Further information

This financial planning model is for you if you would like to start selling your own or other peoples’ products into online marketing channels such as Amazon, eBay, Etsy and others. Using it you can plan to sell up to 50 products in up to 5 different sales channels.

The model is designed to help you ensure that you cover all the financial planning decisions that you have to make, accurately and quickly, even if you do not have any accounting knowledge.

Once completed, you can review the results produced by the model and decide on one of three options that you will then have:
• Launch your business on the current plan basis
• Make changes to your plans that will achieve your aims
• Scrap this plan and move onto another.
It should ensure that you avoid wasting a lot of your precious time and hard-earned money pursuing a course that takes you nowhere.

The analysis has a five-year planning horizon and will generate outputs on a monthly basis, but the good news is that you do not have to spend hours typing in data for each item across 60 columns of a spreadsheet.

This is because the analysis is structured around the standard six stages each start-up passes through which are:
• Pre-launch research – any costs incurred in finding more about the products, suppliers, market channel(s), competition.
• Business set-up – one off costs e.g. legal – that you may have to incur.
• Test marketing – first products into first channel(s) - usually at a loss as not bought in bulk.
• Full business launch – first products bought in bulk into first channel(s)
• Expansion – adding new products and more online channels
• Maturity – gradual expansion over the business’s later years.

This tool is specific for Online Channel sellers only.

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