Five-year financial model template for Excel for Law Firm 3 Way Forecast Excel Template with prebuilt three statements - consolidated p&l proforma, balance sheet, and cash flow statement projection. Key financial charts, summaries, metrics, and funding forecasts built-in. Created with the mind of the law firm business. Law Firm Business Plan Pro Forma Template used to evaluate startup ideas, plan startup pre-launch expenses, and get funded by banks, angels, grants, and VC funds. Unlocked - edit all - last updated in Sep 2020.
Use a robust and proven law firm 3 way financial model based on years of experience at an affordable price. This law firm 3 way forecast template has a one-off payment and absolutely no hidden fees or monthly payments.
FINANCIAL MODEL ADVANTAGES
- Identify Cash Gaps And Surpluses Before They Happen
- Easily Model Law Firm Income Statement And Balance Sheet
- Avoid Cash Flow Shortfalls With Law Firm Excel Financial Model Template
- Run 2 Valuation Methods With Law Firm Cash Flow Format In Excel
- Decide On Acquiring Assets With Law Firm Startup Financial Model
- Create Flexible, 5-Year Expense Assumption Plan
- Identify Law Firm Cash Inflows And Outflows
- Compute A Startup Costs With Law Firm Excel Financial Model
LAW FIRM FINANCIAL MODEL EXCEL KEY FEATURES
Better decision making
Make better operational decisions with the help of creating Cash Flow scenarios in your Excel Template. Perhaps you have to choose between new staff members or investment in equipment, and you are wondering which decision to chose. Variants forecasting will give you the information you need to make these decisions with confidence that you know what impact they will have on your cash balance.
Saves you time
Allows you to spend less time on finances and more time on your products, customers and business development
Gaining trust from stakeholders
Investors and financing providers tend to think in terms of the big picture. They want the c-level of the companies they invest in to do the same to ensure they maintain a clear idea of the future. Providing stakeholders with a monthly projected cashflow statement will demonstrate a level of awareness that leads to confidence and trust and will make it easier to raise more investment.
Graphical visualization in a convenient dashboard all in one
All necessary reports and calculations, including variable data for your easement, are displayed on a convenient dashboard. You do not need to move between sheets to compare important data - everything is visible immediately.
Saves you time
Allows you to spend less time on cash flow forecasting and more time on your products, customers and business development
We do the math
Have all the features above ready with no formulas writing, no formatting, no programming, no charting, and no expensive external consultants!
WHAT WILL I GET WITH LAW FIRM FINANCIAL PROJECTION?
All in One Place
We created the fully modular Financial Model that separates the financial core: financial statements, operating costs, hiring plan, cap table, valuation, and actuals reporting. It contains growth forecasts and revenue projections, and you can easily change or delete any input or projection. The P&L Projection structure allows extending it by adding additional details or financial forecasting methods for specific business types. All cells and formulas are completely open and unlocked so that you can edit or change anything in the Law Firm Budget Financial Model.
A Law Firm P&L Projection consist a table that provides the stakeholders with the information about the periodic payments for an amortizing loan. The loan amortization schedule includes information about the loan amount, interest rate, term to maturity, payment periods, and amortization method. In particular, loan amortization methods include the straight line, declining balance, annuity, bullet, balloon, and negative amortization.
Return on equity. The return on equity financial metric can be calculated based on the information both from the Balance Sheet and pro forma income statment. It measures the correspondence of earnings to the equity, i.e., the amount of money used to get profits.
Revenue breakdown. The Law Firm Excel Pro Forma Template has a revenue breakdown proforma in the form of a chart. It shows the revenue from five products monthly. If needed, you can add more products or change the period for financial analysis.
A Cap table is a critical spreadsheet for any start-up company that shows all the company's shares, who owns them, and the investors' prices for these shares. It also reflects each investor's percentage of ownership in the company and its dilution.
Cash Flow KPIs
Cash balance. The cash balance shows the total amount of money in a financial account of the company. Any company needs to hold in reserve enough amount of cash to meet current obligations.
Our Law Firm Pro Forma has a dashboard that summarizes information from the other spreadsheets of the financial model. With this dashboard, you can set your key performance indicators (KPIs), and the dashboard will include them into the calculations and the information from the financial statements. You can create the dashboard with core financial information on a month-by-month basis and change any time you need.