You don't know how invaluable this is to me, I have worked in finance many year but I was too focus on the micro detail that I lost track and not seeing the overall picture and how each segment interlinks and interact. I have been struggling for years trying to move up the ladder and I don't know why it took this long but I'm glad finance professional like you have enter the TH-cam space to teach practical finance knowledge with brief and concise easy to understand information, it was like an epiphany every moment matching to my overall work experience. It took me a long time to land a new higher level title with higher responsibility, and I want to step up to the plate and take it more serious in my career. I want to thank you so much, words can not describe how grateful I am for the high quality content you have put out. I hope down the line I can inspire new up and coming finance juniors people and show them the rope, but right now I look forward to this new exciting challenge.
This is great and fairly straight forward. Your video goes a layer deeper than what I have seen in the past on this subject. Unfortunately my two biggest info gaps are, 1) starting from absolute zero in a startup, and 2) how to find the numbers to go into a ground zero with regards to revenue assumptions. Thanks
I enjoyed it very much. Good stuff. How to set a target? Maybe forecasting? If so, would you please upload a vivid video tutorial on "Forecasting and Planning"? Thank you so much for your tireless effort in educating us financially.
Intersting topic! A question i have is that how a start-up company can have current financial information unless it reflects the industry marketing research findings?
Hi! I have a doubt…at ur recording 14:08 u mention 30% for Peach sales…how did u come up with the figure 30%? Like what is the basis for taking 30% or was it just a random assumption? Thanks
This is a good explanation, but in my opinion it is not a Step-By-Step guide for a Startup. Because you are using historical data, for example Revenue sales for previous year and Revenue cost from historical numbers... if it is a Startup there is no Historical numbers, I want to know how to break down the first budget when there is no historical data
Hi Bill, I have some more questions, I just want to know if sales is not achieved as per budget in terms of sale. Expense is absolutely under control in this case as a finance person what should be my action to the same. How do I highlight the management.
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You don't know how invaluable this is to me, I have worked in finance many year but I was too focus on the micro detail that I lost track and not seeing the overall picture and how each segment interlinks and interact. I have been struggling for years trying to move up the ladder and I don't know why it took this long but I'm glad finance professional like you have enter the TH-cam space to teach practical finance knowledge with brief and concise easy to understand information, it was like an epiphany every moment matching to my overall work experience. It took me a long time to land a new higher level title with higher responsibility, and I want to step up to the plate and take it more serious in my career. I want to thank you so much, words can not describe how grateful I am for the high quality content you have put out. I hope down the line I can inspire new up and coming finance juniors people and show them the rope, but right now I look forward to this new exciting challenge.
Thanks for the kind words and subscribing!
This is invaluable thank you for doing these videos ❤
This is great and fairly straight forward. Your video goes a layer deeper than what I have seen in the past on this subject. Unfortunately my two biggest info gaps are, 1) starting from absolute zero in a startup, and 2) how to find the numbers to go into a ground zero with regards to revenue assumptions. Thanks
As a growing Accountant your platform is very helpful for me… thank you verymuch
I enjoyed it very much. Good stuff. How to set a target? Maybe forecasting? If so, would you please upload a vivid video tutorial on "Forecasting and Planning"? Thank you so much for your tireless effort in educating us financially.
Much appreciated your sharing good financial knowledge. I do like your videos.
Your videos are so valuable to me. I have watched several videos for budgeting on TH-cam. Yours is the best. Thank you!
very well explained. thank you so much. I am an MBA student ,unfortunetly non of these materials are though in colleges.
🙏 thank you
Intersting topic! A question i have is that how a start-up company can have current financial information unless it reflects the industry marketing research findings?
Very help full
Wow that was super simple and straight to the point. Thank you
Great video
Hi you really get what you give, this content is extremely valuable. WISHING YOU ALL THE BEST FOR SHARING THIS.
I subscribed and saved the video.
I have watched so many of these videos but I completely understand this! thanks so much
Beautiful❤ very insightful video tutorial you have shared, thank you so much its helps me to do more accounting learning a go!
Great Video. Thanks for sharing. Very practical, recommended.
Thank you Billy it was very well explained and helpful alot, it would be helpful if you could do a video for service industry too..
Have you done an acquisition balance sheet?
Great Sir... Excellent explanation... Can you please make a video on how to construct a real time budget in Excel??
Good request
Hi!
I have a doubt…at ur recording 14:08 u mention 30% for Peach sales…how did u come up with the figure 30%? Like what is the basis for taking 30% or was it just a random assumption?
Thanks
Best info and presentation ever...thank you so much!!
Well done Bill. Please make a video on different ERPs used in startups & big firms. Thanks.
Sounds like a great topic
Will do
Thanks
Liked the video, maybe a bit heavy usage of sound-effects.
In a future video you could talk about the Beyond Budgeting Modell.
Will do. Thanks for the feedback on sound.
Can you share with me any format to prepare budget pls?
Excellent knowledge gained over the budget. Keep it up! Good work. I want to know more about the budgeting. Please recommend.
Thanks
Very informative video, keep it up
Thanks a lot
Hi Bill, thank for sharing this vedio. Request you to make vedio on Forecasting as well. Thank you.
Thanks for your videos!
Thanks for the review.
My pleasure!
Excelent Material. Thank for sharing
Thank you!
Great video 🤝🏼
Thank you for sharing ❤❤❤❤
You are so welcome
great stuff , Loved it
🙏 thanks
Thank you so much Billy
Glad you liked the video
Miss titled this is for an ongoing company not a start up
Thanks
This is a good explanation, but in my opinion it is not a Step-By-Step guide for a Startup. Because you are using historical data, for example Revenue sales for previous year and Revenue cost from historical numbers... if it is a Startup there is no Historical numbers, I want to know how to break down the first budget when there is no historical data
Excellent observation.
Hi Bill, I have some more questions, I just want to know if sales is not achieved as per budget in terms of sale. Expense is absolutely under control in this case as a finance person what should be my action to the same. How do I highlight the management.
Missing sales budget often means lowering rest of year expense budget (revised budget)
great knowledge shared
Amazing. Thanks for sharing. 💪💪
Glad you liked it!
Very good topic thank you
Thanks 🙏
Love this channel
Thanks Shawn
excelent thanks once again for the advice
Always welcome
Excellent content!
Thanks Rebecca!
🥰🥰Highly appreciate your explanation
.
My pleasure 😊
You're the best
Great job
Thank you!
Good 👍
How many of those books in the background have you read? I see Nietzsche and Pascal......
Unlike Nietzsche I am a big optimist 😜
@@TheFinancialController Oh how I wish I could join you in your optimism .
Why sound is so less.
cool
Best info and presentation ever...thank you so much!!
Glad it was helpful!