Advanced business planning, simplified! Start your 15 day free trial now on https://modeliks.com/. <br />Welcome to Modeliks Academy L.5, where you will LEVEL UP your expense forecasting game! In this video, we delve into the art of accurately predicting operating expenses, enabling you to make informed, data-driven decisions. Whether you're looking to refine your financial modeling skills or enhance your financial estimates, we've got you covered. <br /><br />Learn how to analyze spending trends and utilize financial KPIs to create robust expense forecasts. We'll explore advanced techniques in data modeling that will help you understand your financial expenditures better and improve your revenue prediction capabilities.<br /><br /> Join us as we uncover analytics strategies for effective expense analysis and investment forecasting, ensuring your financial benchmarking is spot on. By the end of this video, you'll have the insights needed to enhance your profit forecasts and effectively manage your spending projections. Don't miss out on this opportunity to level up your financial planning skills and make smarter, data-driven forecasting decisions. <br /><br />Tune in and transform your approach to operating expenses today!<br /><br /><br />Chapters:<br />00:00 Intro<br />00:33 Expenses Forecasting: 3 Methods<br />00:56 Method 1: Enter Expense Value<br />01:18 Method 2: % of Revenue<br />02:08 Method 3: Driver Based Forecast<br />07:34 Defining Assumptions<br />08:55 Forecasting Expenses in Modeliks<br />11:41 Setting Up Expenses Drivers in Modeliks<br />18:39 Sense Checking Forecasts<br /><br />Follow Modeliks:<br />Website: https://modeliks.com/<br />LinkedIn: https://linkedin.com/company/modeliks <br />YouTube: @Modeliks <br />Instagram: https://www.instagram.com/modeliks.software <br />Facebook: https://www.facebook.com/Modeliks.software/<br /><br />#financialplanning #businessplan #dashboard #financialreporting #pitchdeck
