Version Classic Economy 204 Efm

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Version classic economy 204 efm

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Summary

Version: Classic Economy
2.04.1001
Last update of this manual: 14 Jun 2021
Excel-Financial-Model
The easy way to plan, launch and run your business!
Financial Modelling Videos
„Tell me and I forget

Show me and I remember

Let me do and I understand.“
Confucius (551 B.C. - 479 B.C.)
Content 3
Table Of Contents
I Using this Manual 4
II Legal Disclaimer and License Agreement 7
III About the Author and Financial Modelling Videos 10
IV Getting Started 13
4.1 Loading
..................................................................................................................................

and Using the Excel-File 14
4.2 Password
..................................................................................................................................

for changing and editing worksheets 20
4.3 Financial
..................................................................................................................................

Modelling and FAST Standard 21
4.4 Custom
..................................................................................................................................

cell style set 22
4.5 Overview
..................................................................................................................................

and Familiarization 24
V Quick Start Guide 26
VI Planning Process - Guidance on Entering Assumptions 31
6.1 Sheet
..................................................................................................................................

Inputs 32
6.2 Sheet
..................................................................................................................................

Sales 45
6.3 Sheet
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Human Resources 46
6.4 Sheet
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Costs 01 47
6.5 Sheet
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Costs 02 49
6.6 Sheet
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Costs 03 51
6.7 Sheet
..................................................................................................................................

Capex 51
6.8 Sheet
..................................................................................................................................

Financing 53
VII Error Messages 57
VIII Changing Excel-Financial-Model 60
IX Version History 64
www.excel-financial-model.com
Using this Manual
Part
I
5
Using this Manual
1 Using this Manual
Notice to Users
This manual and the associated software Excel-Financial-Model (EFM) are supplied under
a license agreement and may be used only in accordance with the terms and conditions
of the licence agreement set out in detail here 8

Read the legal disclaimer and the license agreement 8 carefully. The use of Excel-
Financial-Model constitutes your unconditional and irrevocable acceptance of the terms
and conditions of both the legal disclaimer and the license agreement. If you do not agree
to both, do not install or use EFM. The use of Excel-Financial-Model is irrevocably
conditional upon full and constant compliance by you with the terms and conditions of the
license agreement

Excel-Financial-Model (Version: Classic Economy)
As Financial Modelling Videos has a policy of continual product improvement, the
information and data contained in this manual are subject to change without notice and do
not represent a commitment by the vendor. Neither the manual nor software may be
copied or reproduced in any form, in whole or in part, without prior written permission of
Financial Modelling Videos or Fimovi GmbH

© Copyright 2021. Fimovi GmbH. All rights reserved

This manual relates to the software:
Excel-Financial-Model (Classic Economy)
Version:
2.04.1001
Last update of this manual: 14 Jun 2021
www.excel-financial-model.com
6
Excel-Financial-Model (Classic Economy)
Offline Help File
We also offer our help files as eBook (Windows executable containing an embedded
viewer). Download the Windows eBbook help file here

Additional Information
In addition to this manual the Excel-file contains a sheet named "Quick Start Guide" with
some introductory information. Furthermore we have added numerous explanatory notes
as cell comments. When a cell contains a comment, a small, red triangle is displayed in
the upper-right corner of that cell. The comment is visible when you hover over the cell
that contains the comment

Where possible, data validation option of Excel has been used to prevent data input errors
and avoid miscalculations

No information contained in this manual or software should be construed as legal,
financial, investment, accounting or tax advice, nor should it be considered a substitute for
such advice

© 2021 Fimovi GmbH. All Rights reserved

Legal Disclaimer and License Agreement
Part
II
8
Excel-Financial-Model (Classic Economy)
2 Legal Disclaimer and License Agreement
Legal Disclaimer
No information contained in this Software (as defined below) or obtained from Fimovi
GmbH or Fimovi should be construed as legal, financial, investment, accounting or tax
advice, nor should it be considered a substitute for such advice

This Software is supplied under a license agreement and may be used only in
accordance with the terms and conditions of the license agreement set out below. The
use of this Software is conditional upon the irrevocable and constant compliance by
the user with the terms and conditions of the license agreement

License Agreement
Application: This agreement applies to the commercial or registered/upgraded
version of Excel-Financial-Model (also referred to as “EFM” or “Software”), comprising
workbook, related files and supporting documentation

License grant: Fimovi GmbH grants registered users, i.e. a company, entity or
individual, a license to use this Software on any compatible hardware product (PC,
notebook, smartphone, tablet), to which the registered user has exclusive or primary
access. “Use” means storing, loading, installing, executing or displaying the Software

Ownership: The owner and copyright holder of the Software is Fimovi GmbH. The
granted license confers no title of ownership to the Software and should not be
construed as a sale of any rights to the Software. This license is not transferable to
any other company, entity or individual

Copyright: The Software is protected by copyright law. You unconditionally and
irrevocably acknowledge that no title to the intellectual property in the Software is
transferred to you. You further unconditionally and irrevocably acknowledge that title
and full ownership rights to the Software remains the exclusive property of Fimovi
GmbH and you do not acquire any rights to the Software except as expressly set forth
in this license agreement. You agree that any copies of the Software will also contain
the same proprietary notices which appear on and in the Software itself

Unauthorized Use: You may not modify the Software or disable any licensing or
control features of the Software. You may not use, copy, rent, lease, sell, modify,
decompile, disassemble, otherwise reverse engineer, or transfer the Software except
as provided in this license agreement. Any such unauthorized use shall result in the
immediate and automatic termination of this license agreement. The Software's
worksheet (“Fimovi”) and VBA routines must not be altered under any circumstances

Registered users may make backups of the Software for backup purposes and for the
purpose of creating additional sets of projections

© 2021 Fimovi GmbH. All Rights reserved

9
Legal Disclaimer and License Agreement
Limited Warranty: This software is provided on an “as is” basis. Fimovi GmbH
disclaims all warranties relating to this software, whether expressed or implied,
including but not limited to any implied warranties of merchantability or fitness for a
particular purpose. Neither Fimovi nor anyone else involved in the creation, production
or delivery of this software shall be liable for any indirect, consequential or incidental
damages arising out of the use or inability to use such software, even in the case that
Fimovi GmbH has been advised of the possibility of such damages or claims. The
person using the software bears all risk regarding the quality and performance of the
software. In no event shall any theory of liability exceed the license fee paid to Fimovi
GmbH

Governing Law: This Agreement shall be governed exclusively by the laws of the
Federal Republic of Germany to the exclusion of the UN Sales Convention and the
conflicts of law rules

Reserved Rights: Fimovi GmbH retains all rights not expressly granted here

Trademarks Disclaimer
All product and company names are trademarks™ or registered® trademarks of their
respective holders. Use of them does not imply any affiliation with or endorsement by
them

• Excel, Office and Windows are registered trademarks of Microsoft Corporation
in the United States and other countries

• Mac and Mac OS are registered trademarks of Apple Inc., registered in the U.S

and other countries

• Adobe and Acrobat are trademarks or registered trademarks of Adobe Systems
Incorporated in the U.S. and other countries

Copyright 2021. Fimovi GmbH. All rights reserved

www.excel-financial-model.com
About the Author and Financial Modelling Videos
Part
III
11
About the Author and Financial Modelling Videos
3 About the Author and Financial Modelling Videos
About the Author
Dirk Gostomski, founder and CEO of Financial
Modelling Videos, has extensive experience in
the development and review of financial models

Dirk has been building complex project and
operational models and valuating financial
models for a broad range of industries including
mining, infrastructure, and energy for more than
17 years. He is also engaged in developing and
reviewing corporate planning and budgeting
models for both established and start-up
companies

Working as a consultant for SMEs and venture
capital firms - offering business planning,
financial due diligence and capital raising
services - the idea was born to develop and
provide flexible, easy-to-use and robust Excel-
based financial modelling tools. The primary
objective is to help entrepreneurs, senior
managers and investors create detailed financial
models to gain full visibility into all of the
assumptions, cash requirements, profitability,
scalability and the ramp-up of their respective
business. You need not fear the financial section
of your business plan, and you do not need an
MBA to get it right

About Financial Modelling Videos
Financial Modelling Videos enables its customers to develop flexible and robust
financial plans and cash-flow models using Excel. The Germany based company
provides a broad range of financial modelling related services for clients across many
industry sectors

Our financial modelling video training courses are “hands-on” with users learning
concepts by building Excel financial models from scratch

Our templates and excel tools are designed and built to be flexible, future-proof, robust
and user-friendly

www.excel-financial-model.com
12
Excel-Financial-Model (Classic Economy)
Our seminar and workshop training services, enable entrepreneurs, corporate clients,
and investors to apply best practices when developing financial models. These tools
support and enhance their business decisions, transactions and strategies

What Financial Modelling Videos can do for you:
• Ready-to-use Excel tools and templates for corporate planning, budgeting,
valuation, cash-flow planning and project finance
• Development of tailor-made, individual models
• Model review, optimization and audit
• Seminars and workshops
Contact us
Financial Modelling Videos is offered by Fimovi GmbH

Fimovi GmbH
Sandstraße 104
40789 Monheim am Rhein, Germany
Email: [email protected]
Internet: www.excel-financial-model.com
© 2021 Fimovi GmbH. All Rights reserved

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Frequently Asked Questions

Is neoclassical economics continuous with classical economics?

Another position is that neoclassical economics is essentially continuous with classical economics. To scholars promoting this view, there is no hard and fast line between classical and neoclassical economics.

Who is the founder of new classical economics?

New classical economics emerged in the early 1970s through the work of Robert Lucas. It flourishes at the University of Chicago and Minnesota. Some of the names of the new classical economists are: The latter two then develop the real business cycle (RBC).

How does classical economics explain the business cycle?

This theory explains the business cycle occurs because of a fundamental problem on the side of aggregate supply. External shocks such as technological innovation are responsible for random fluctuations in productivity levels and shifting constant growth trends up or down. The new classical economists are proponents of the free market.