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- Просмотров 146 188
get Poindexter
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Добавлен 3 май 2016
The Poindexter channel is for anyone wanting to make business decisions based on profit potential. Here you will find support materials on how to use the Poindexter site for constructing business models to plan your strategy.
Poindexter is a forecasting and budgeting tool for new business plans.
All new business ventures require thoughtful planning if they are going to be successful, and Poindexter makes it as easy as point and click.
Invite your team to projects, so each member can take ownership over their own domain. When you're all done you can collaborate with additional stakeholders on the Poindexter platform, or export your results to excel for further analysis or presentations.
Whether you need forecasted financial statements for getting a business loan, funding from investors, or simply to determine the best strategy, Poindexter has you covered.
Poindexter is a forecasting and budgeting tool for new business plans.
All new business ventures require thoughtful planning if they are going to be successful, and Poindexter makes it as easy as point and click.
Invite your team to projects, so each member can take ownership over their own domain. When you're all done you can collaborate with additional stakeholders on the Poindexter platform, or export your results to excel for further analysis or presentations.
Whether you need forecasted financial statements for getting a business loan, funding from investors, or simply to determine the best strategy, Poindexter has you covered.
3 Mistakes New Entrepreneurs Always Make (And How to Avoid Them)
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Poindexter is a simple financial planning tool for entrepreneurs. Create professional financial projections without a background in finance or accounting.
Learn More: getpoindexter.com
Poindexter is a simple financial planning tool for entrepreneurs. Create professional financial projections without a background in finance or accounting.
Learn More: getpoindexter.com
Просмотров: 182
Видео
Operating Profit & Operating Margin in 90 Seconds
Просмотров 4443 года назад
Operating profit is a measure of how much money a company makes after accounting for the cost of goods sold and operating expenses. Sometimes it's also called EBIT (earnings before interest and taxes) because for some reason the financial world likes to use multiple terms to describe the same thing. Don't worry, it's definitely not to confuse you 😛. In 90 seconds we'll describe operating profit...
Here's What You Need to Know About Gross Profit & Gross Profit Margin
Просмотров 4833 года назад
Check out our blog post on financial ratios to learn more: bit.ly/finance-ratios Gross profit and gross margin are two of the most important metrics businesses use to measure their success. But what do they mean? And how can you calculate them for your business? In this video, I’ll help you understand these terms by breaking down their definitions, giving examples, and showing you how to calcul...
Easy Pro Forma Balance Sheet (Free Download)
Просмотров 9 тыс.3 года назад
Blank Template: bit.ly/bs-blank Completed Template: bit.ly/bs-complete Do you want to make your own Pro Forma Balance Sheet? This video will cover the basics of the balance sheet including what is on it, how to create a new one, and why it's important. Plus I give away a free template for you to download. getpoindexter.com - Poindexter is the easiest way to produce Pro Forma Financial Statement...
Cash Flow: Direct Method vs Indirect Method
Просмотров 3,3 тыс.3 года назад
Check out our blog post on the cash flow statement to learn more: bit.ly/cash-flow-guide getpoindexter.com - Poindexter is the easiest way to produce complete financial forecasts and Pro Forma Financial Statements without expensive professionals. Video Content 0:00 - Introduction 0:52 - Where the Cash Flow Statement Fits In 1:30 - Why do we need a Cash Flow Statement? 4:33 - Cash-Based Business...
Revenue Model Example: Forecasting in Excel
Просмотров 30 тыс.3 года назад
Example Revenue Model Download: bit.ly/3x1zTgK Revenue Model Blog Post (Poindexter): bit.ly/revenue-model-ex Revenue Model Framework (Lucidity): bit.ly/3xcBxMS getpoindexter.com - Produce complete financial models for your business. No background in finance or Excel required. Video Content 0:00 - Introduction 0:55 - What is a Revenue Model? 1:49 - 5 Parts of a Revenue Model 3:45 - Revenue Model...
Easy Pro Forma Income Statement Tutorial: New vs. Existing Businesses
Просмотров 81 тыс.5 лет назад
Learn the simple steps to create a pro forma income statement for both new and existing businesses. Small Business Startup Costs (Fundera): www.fundera.com/blog/business-startup-costs getpoindexter.com - Poindexter is the easiest way to produce Pro Forma financial projections and budgets. No background in finance or MS Excel required. Transcript Notes: A pro forma income statement is simply a f...
SaaS Financial Model - One Assumption that can Ruin Everything
Просмотров 4145 лет назад
Here's the one assumption that can make or break your SaaS financial model. getpoindexter.com - Poindexter is the easiest way to produce complete financial projections and budgets. You don't need a background in finance, or special skills in managing complicated spreadsheets. Video Transcript Today we're going to cover how to create financial projections for a SaaS company. I'm going try and do...
Poindexter Budget Dashboard Tutorial
Просмотров 2355 лет назад
getpoindexter.com - Poindexter is the easiest way to produce complete financial projections and budgets. No financial background, or knowledge of MS Excel required. Our plug-and-play play platform enables anyone to quickly create full income statements, balance sheets and cash flow statements for your new business ideas. Fine-tune the profitability of your business strategy in minutes with Poin...
Poindexter Investments Page Tutorial
Просмотров 3165 лет назад
getpoindexter.com - Poindexter is the easiest way to produce complete financial projections and budgets. No financial background, or knowledge of MS Excel required. Our plug-and-play play platform enables anyone to quickly create full income statements, balance sheets and cash flow statements for your new business ideas. Fine-tune the profitability of your business strategy in minutes with Poin...
Poindexter Costs Page Tutorial
Просмотров 4405 лет назад
getpoindexter.com - Poindexter is the easiest way to produce complete financial projections and budgets. No financial background, or knowledge of MS Excel required. Our plug-and-play play platform enables anyone to quickly create full income statements, balance sheets and cash flow statements for your new business ideas. Fine-tune the profitability of your business strategy in minutes with Poin...
Poindexter Performance Summary Tutorial
Просмотров 2185 лет назад
getpoindexter.com - Poindexter is the easiest way to produce complete financial projections and budgets. No financial background, or knowledge of MS Excel required. Our plug-and-play play platform enables anyone to quickly create full income statements, balance sheets and cash flow statements for your new business ideas. Fine-tune the profitability of your business strategy in minutes with Poin...
Poindexter Revenue Page Tutorial
Просмотров 7085 лет назад
getpoindexter.com - Poindexter is the easiest way to produce complete financial projections and budgets. No financial background, or knowledge of MS Excel required. Our plug-and-play play platform enables anyone to quickly create full income statements, balance sheets and cash flow statements for your new business ideas. Fine-tune the profitability of your business strategy in minutes with Poin...
Poindexter Customers Page Tutorial
Просмотров 1,3 тыс.5 лет назад
getpoindexter.com - Poindexter is the easiest way to produce complete financial projections and budgets. No financial background, or knowledge of MS Excel required. Our plug-and-play play platform enables anyone to quickly create full income statements, balance sheets and cash flow statements for your new business ideas. Fine-tune the profitability of your business strategy in minutes with Poin...
We reached $1K in MRR! - Poindexter Journey #21
Просмотров 606 лет назад
This is part of a sort-of weekly series that follows our journey taking Poindexter from small startup to Industry Leader. Topic This Week: - How we got to $1K in monthly recurring revenue
Confrontation & Creativity - Poindexter Journey #20
Просмотров 276 лет назад
Confrontation & Creativity - Poindexter Journey #20
Happy 2 Year Anniversary! - Poindexter Journey #19
Просмотров 186 лет назад
Happy 2 Year Anniversary! - Poindexter Journey #19
GDPR, Getting Hacked & Tough Conversations - Poindexter Journey #18
Просмотров 406 лет назад
GDPR, Getting Hacked & Tough Conversations - Poindexter Journey #18
Invisible Progress - Poindexter Journey #17
Просмотров 356 лет назад
Invisible Progress - Poindexter Journey #17
On Making Good Decisions - Poindexter Journey #16
Просмотров 116 лет назад
On Making Good Decisions - Poindexter Journey #16
Powering Through - Poindexter Journey #15
Просмотров 86 лет назад
Powering Through - Poindexter Journey #15
Co-Founder Differences - Poindexter Journey #14
Просмотров 226 лет назад
Co-Founder Differences - Poindexter Journey #14
How we're getting 1,000+ Blog visitors per month - Poindexter Journey #13
Просмотров 146 лет назад
How we're getting 1,000 Blog visitors per month - Poindexter Journey #13
Identity Crisis Averted! - Poindexter Startup Journey #12
Просмотров 216 лет назад
Identity Crisis Averted! - Poindexter Startup Journey #12
Things we've learned - Poindexter Startup Journey #11
Просмотров 96 лет назад
Things we've learned - Poindexter Startup Journey #11
What the f@*k am I doing? - Poindexter Journey #10
Просмотров 216 лет назад
What the f@*k am I doing? - Poindexter Journey #10
We're all in Sales Now - Poindexter Journey #9
Просмотров 76 лет назад
We're all in Sales Now - Poindexter Journey #9
Product / Market Fit - Poindexter Startup Journey #8
Просмотров 256 лет назад
Product / Market Fit - Poindexter Startup Journey #8
SaaS Pricing Tips - Poindexter Startup Journey #7
Просмотров 1026 лет назад
SaaS Pricing Tips - Poindexter Startup Journey #7
I liked this vid as soon as he said..."that doesn't really tell us what the hell that means."
haha!
Can u help me with building revenue model of real estate industry?
Thank you!
such a good video, it cleared my mind thank you so much
new business 7:48
Thanks, you did a nice job
Glad you found the video useful, John!
Do you guys teach live courses?
Thank you so much! This helps me a lot!
Can I request something? Is it possible to do a video on pro forma financials for a non-profit start up?
Thank you for the videos. where can i download these sheets?
Can you share the file?
I have a question which says plant is at 70% capacity. What does that mean and what to do then ?
Thank you! Great work!
Hi, Can you please explain the difference between the returning rate and the churn? if the churn is 5% doesn't that mean that the returning rate is 95%? I did not understand how you sum up the total customers ignoring the only 15% returning? Thanks!
Let me answer it for you. Churn basically the customer we lost and never come back. Returning rate is customer come back and purchase from us back. What you say is correct, if churn 5% and then 95% are returning rate. But his business model, only 15% come back ok that month and purchased. But that doesnt mean the other 80% doesnt come back. They might be come back on the different months.
If you want to assume that all the customers will be back by next month, then you need to do they way that you said
Thank you so much, This is very helpful special for a start up company. Liked and Subscribed! God bless you!
can you make a video about chain supply and about sales trend ? thankyou !
Thankyou !
hey man trying to use this video to help with my trial and the interface is different
Thank's
no problem!
Super helpful! Thank you are an amazing teacher. More please!
I'm glad you liked the video! If you have any suggestions for topics I'm all ears!
This was excellent, thank you so much
I'm glad you liked it!
Amazing video, thank you so much.
No problem, Elizabeth! I'm happy to hear you liked it :)
This was an informative & easily understood video. Thank you!
Awesome, I'm glad you found the video helpful, Natasha!
Can you please make a video on forecasting a cash flow statement and balance sheet for a start up company.
Straight to the point please... And thankyouuu
This is really helpful. Thanks a ton mate.
I'm happy it helped!
Thank you. This is very helpful
I'm glad you found the video useful, Faith!
Very useful content. Thank you!
Thanks Sebastian, I'm glad you found the video useful!
Question: Around 13:56 in your video, you mentioned that variable cost would increase while the fixed cost remains the same. You mentioned that fixed cost includes employees. What happens when you hire more employees? Does that count towards Variable Cost now?
Hey Lamar, thanks for the question. Typically, variable costs both increase and decrease with revenue. For instance, if you're selling a product, the cost of products sold would directly decrease when sales are down and increase when revenue is up. You are correct in that hiring new employees would increase salary costs, and act similar to variable costs in that way, but usually, employees aren't fired (at least immediately) if sales go down as that's a more complicated process. If you have contractors that you hire on a per-project basis, then that may be considered a variable cost if you won't otherwise pay them without new customer projects. Hope this helps!
@@getPoindexter Thank you for the explanation. Makes complete sense. Thanks for sharing your knowledge. Appreciate You!
@@lamarmyers6001 Anytime!
I'm part of an undergraduate business program that is very well-ranked in the country and I literally found this content so much more digestible than how we were taught this - excellent work and an indictment on the value of college courses and degrees.
Thank you Syed, I'm happy you found the video helpful!
Thankyou, was looking for a specific video where both situations are explained, and this was right on the money. Awesome job.
Good shit man. Keep it coming
Thank you, will do!
Thank you, as a new business owner with no business experience this was very helpful
I'm happy you found the video helpful!
Excellent and informative tutorial. Awesome narration and incite.
Thanks, Joshua! I'm glad you enjoyed the tutorial :)
Do I need to simplify my income statement to look like yours ( which is very simple)
Hey Cameron, thank you for the question! There's no need to make your income statement look like the one in the video. We used a watered down example in order to keep things simple, and not overwhelm people new to the topic. Income statements can vary widely in content depending on the business, but they all adhere to the general structure outlined in the video (revenue, costs, expenses, net income).
hey i really enjoyed the insight. can getpointdexter be used instead of quickbook for tax purposes as well? and also are there services as far as you know who can prepare my pro forma statement so i could get started and learn as i go after that? thank you
Nice job. It would be great if you could do the same for balance sheet and cash flow statement. Thanks.
Very Informative, appreciate the information!
What happens when you're dealing with creating a pro forma for something like a renovation construction company where every job is different? There's no way to know what jobs are coming up, what the scope of the jobs will be or what the costs are going to be without doing detailed estimates. So if a person was going to start such a company and needed a loan from a bank for equipment, for example, what would this person do for creating these financial statements?
Hey Daryl, thank you for the question! This is one of those business models where you'll have to use some more specific assumptions about the future to develop a forecast whether it's a new or existing business. One way to approach this could be to start by making a schedule detailing the number of projects you'll start/complete each month. At that point, you could then make assumptions around the average revenue per project based on its size / scale. Once you get the revenue numbers forecasted you could use an approach similar to the one detailed in the video. The advantage of an existing business in this scenario is that the assumptions would be based on real-world data from previous results. The more you can tie assumptions to specific, tangible data, the more confidence it'll inspire when talking to banks or investors. Hope this helps!
Can you give an example of what goes into your COGS & SG&A please.
EX: for a construction project COGS(Cost of Goods Sold) are GOODS like materials(studs, nails, wire, pipe, concrete, etc.)..essentially these are tangible items which you will pay for yourself in order to produce your revenue stream, passing the costs in the form of a sale price and can typically be allocated per product/widget/project. SG&A: which I call Operating Expenses are: A work truck payment, Insurance(Workers Comp, auto/truck and liability), fuel and business license and office/warehouse lease costs.
Extremely helpful! I am not a numbers person at all and I am writing a hypothetical financial plan for college and this really helped me better understand the process and my assignment, especially the explanation of each word and acronym
Thank you Aimee! I'm glad we were able to help :)
Very helpful vedio sir Thanks 👍👍👍👍
I'm glad you found it helpful!
Thanks for sharing these information but I wish you got more in depth in the topic than showing how fancy is your app!
Hi Ahmed, thank you for the comment. I'd be happy to create another video answering your questions if you have any suggestions :)
Great app: Super intuitive, super easy, super useful!
Thank you for the comment, Andrea! I'm happy to hear you're enjoying the experience so far
Hello i would be happy to work with you in order to make a joint venture. i have been in your path and still a long way to go. do feel free to get back to me on mehrabady.pedram@gmail.com . we could have a chat and see how we can cooperate great job indeed regards pedram
Great vision. All the best! I have been using your product recently-Great experience & quite insightful in the forecasting process,especially with the acquisition funnel ...Thanks for your great work.
Hey Glenn, thank you for the comment! I'm happy to hear you're having a good experience :)
Brandon, It is the little wins that help me get through my entrepreneurial journey. Your video blog is something that I have considered doing as well and commend you for sharing. The roller coaster ride that you sign up for as an entrepreneur is a journey that never needs to be done alone. It is through the sharing of ideas that we teach each other, and through teaching we discover just how much we have learned. As a fellow dream chaser, keep up the good work, and thank you for time. I plan to reach out to you soon to see how we could collaborate toward success! You helped motivate my day, thank you!
Thank you for the comment! I completely agree. It's easy to get lost in the weeds, and take everything we learn for granted. Doing this series definitely helps me focus on taking a step back to assess things learned / progress made. I'm happy to hear you found motivation in the video, and look forward to hearing from you!