This template builds a complete three-statement financial model for your startup over a five-year horizon. It connects operating drivers to the Income Statement, Balance Sheet, and Cash Flow so that each decision—pricing, cost structure, capex, funding—flows through to revenue, profit, working capital, and cash. The first 12 months are detailed monthly, then the model rolls up by year. You can toggle the projection horizon between three and five years to suit your use case.
Investors want a model that is internally consistent and valuation-linked. This file produces a clean free cash flow view for DCF (Discounted Cash Flow Model Excel), plus comparable market-multiple outputs (Revenue and EV/EBITDA). It also includes Net Asset Value and Equity Value bridges so you can show value from several angles. Because the statements are integrated, the valuation ties back to the forecast, reducing diligence pushback and speeding decisions.
All inputs are yellow cells with blue text. A pre-populated mock scenario shows the workbook’s logic flow; you can overwrite inputs at your own pace. The Dashboard offers quick switches for scenarios and period length. Charts present revenue, gross profit, cash movement, runway, and ratio trends. If you are preparing a board deck or data room, screenshots from the Dashboard clearly communicate the story.
You avoid build errors, circularity traps, and inconsistent logic between statements. The model has been used across multiple regions and sectors, giving you a tested framework with transparent maths and professional visualisation.
Build bank-ready 5-year startup forecasts in Excel with this integrated three-statement financial model: Income Statement, Balance Sheet, and Cash Flow. This video walkthrough covers unit economics, working capital, and cash runway, then shows the valuation engine with 5 methods: DCF, NAV, Equity Value (EV + Cash – Debt), Revenue Multiple, and EV/EBITDA. Ideal for founders, CFOs, and analysts preparing investor packs or loan applications.
This tutorial demonstrates a practical three-statement financial model and discounted cash flow model Excel framework used by analysts and founders worldwide.
What you’ll learn:
| Component | Description |
| Full Transparency and Editability | All formulas in the model are fully visible and editable, allowing users to track calculations, understand the linking between sheets, and customise the model as needed. This ensures transparency, editability, and adaptability for unique requirements. |
| No Advanced Knowledge Required | Users do not need to know, input, or alter any of the sheet linkages or underlying formulas. All complex calculations have been pre-programmed into the model, ensuring smooth navigation and user-friendly input fields. |
| Automatic Calculations | All mathematical computations, including cost of capital, working capital, and free cash flow, are automated. Once data is inputted, the model instantly updates key figures across projections, financial statements, and valuation scenarios, removing the need for manual calculation and minimising potential errors. |
| Sanity Checks for Accuracy | Built-in sanity checks ensure that the model, particularly the balance sheet, stays in balance throughout. These checks alert users to any discrepancies, ensuring data integrity and reliable projections as you progress through the model. |
| Dashboard Overview | The Dashboard serves as the primary hub for managing financial projections, providing intuitive toggles, input fields, and high-quality visualisations. It consolidates financial performance insights, allowing users to adjust assumptions, toggle time periods, and review key metrics dynamically. |
| Financial Statements | Income Statement, Cash Flow, Balance Sheet – The model includes comprehensive, automated monthly projections for the first 12 months, with options to toggle projections for any period between 3 and 5 years, providing remarkable flexibility. Users can generate precise projections, informed by key financial statements, for up to 5 years, facilitating short-term and long-term strategic planning. |
| Scenario Analysis | Cash Burn Rate and Cash Runway – Built-in scenarios help assess cash requirements and sustainability by analysing monthly cash burn rate and cash runway duration.
Debt and Equity Funding Scenarios – The model accommodates both debt and equity funding inputs, allowing for comparative scenario analyses to evaluate financing options. Moratorium Options – Debt funding options include a moratorium (loan holiday period) of up to 5 years to assess debt structuring flexibility and impact. |
| Company Valuation Scenarios | Users can evaluate business value through multiple valuation methods, providing a holistic perspective on the company’s worth.
Valuation Methods include:
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| Product/Service Forecasting | The model allows up to 10 individual products or services, with each having distinct revenue and cost forecasting capabilities. Users can set cost of sales either as a percentage of sales or on a per-unit basis, allowing granular control over profitability projections. |
| High-Quality Visuals | Over 10 high-quality graphs visually represent essential financial metrics, providing clear insights into performance trends, cash flow movements, revenue vs. expenses, product contributions, and key ratio analysis. Graphs enhance the interpretability of financial data and facilitate decision-making for stakeholders. |
| Detailed Debt Repayment | Full debt repayment schedules are included, with monthly breakdowns of interest and principal repayments, considering the moratorium period if applicable. The model automatically updates debt repayment terms, allowing users to clearly understand long-term financial obligations and cash outflows. |
| Projection Period Flexibility | Users can toggle projection periods, switching between scenarios spanning 3 to 5 years, for adaptable short- to medium-term planning. |
| Master Input Sheets | Funding, Depreciation, OPEX, Labour – Detailed input sheets capture specific funding sources, depreciation schedules, operational expenses, and workforce planning. These master input sheets include up to 35 operational expense items and 35 distinct job roles, ensuring granular customisation. |
| Guided Input for Easy Navigation | Throughout the model, each YELLOW-SHADED cell with BLUE TEXT marks an input area, guiding users on where to enter data. Next to these input cells, you’ll find “Read Note” sections—strategically placed helpful hints designed to provide additional guidance and clarity at every step. These notes make using the model straightforward and ensure you have the support you need without extra guesswork. |
| Pre-Populated Mock Scenario | To assist with ease of use and provide a clear understanding of the model’s functionality, each purchased model file comes pre-populated with a mock scenario. This sample data demonstrates how the model operates in real-time, guiding users through its features and calculations. When ready to start, simply delete the BLUE TEXT in the YELLOW-SHADED input cells and replace it with your specific business data—making setup quick and intuitive. |
The use of this financial model is solely at the user’s own risk. Best Financial Models provides the template as a tool to assist users in their business planning and decision-making processes. However, the responsibility for adhering to the model’s instructions and guidelines lies entirely with the user. Best Financial Models cannot and will not be held liable for any inaccuracies, errors, or unintended outcomes resulting from the user deviating from the prescribed usage, including but not limited to the deletion, addition, or modification of rows, columns, formulas, or any other components of the model. Users are strongly advised to exercise caution when making any changes to the model to ensure its integrity and reliability are maintained.
| Business Type | All Businesses |
|---|---|
| File Format | Microsoft Excel |
A three statement financial model connects the Income Statement, Balance Sheet, and Cash Flow to create complete, integrated startup financial projections. This 3 statement financial model lets you test pricing, growth, and cost scenarios while maintaining data consistency across all sheets.
For startups, it’s essential because investors require a linked view of cash runway, profit, and liquidity. This startup financial projection template automates everything—when you change sales assumptions or expenses, the financials, ratios, and DCF valuation all update. It provides accurate, bank-ready financial projections for a startup that align with professional standards and deliver instant insights into cash flow health and valuation potential.
The DCF model template calculates valuation by discounting projected free cash flows using your WACC (Weighted Average Cost of Capital). In this discounted cash flow model Excel, users input expected revenues, margins, and growth rates, and the template computes Enterprise Value and Equity Value.
It includes both Gordon Growth and Exit Multiple methods, giving a holistic valuation range. Because this three statement financial model template integrates operational forecasts directly into valuation logic, your startup financial model remains accurate and transparent. The template’s valuation model in Excel automates all core metrics, ensuring that founders and analysts can confidently justify funding valuations with credible financial assumptions.
Yes. This startup financial model Excel template is designed for both pre-revenue and early-stage ventures. The 3 statement financial model structure allows startups to forecast sales ramp-up, customer adoption, and unit economics, even before generating revenue. Its DCF model template and simple DCF model Excel functionality include multiple valuation methods such as Revenue Multiple and Net Asset Value for cases where EBITDA is negative.
Built-in cash burn and runway analysis help founders understand funding timelines and sustainability. By combining structured startup financial projections with valuation flexibility, this financial projection template for startups delivers meaningful insights even without a full income history.
This three statement financial model template supports up to ten products or services, each with its own pricing, cost, and margin assumptions. Users can model fuel sales, subscriptions, or product units—all integrated into consolidated statements. Each product automatically links to the Income Statement, Balance Sheet, and Cash Flow, updating KPIs such as gross margin, EBITDA, and cash runway.
The startup financial projection template dynamically calculates weighted averages and revenue mix analysis. Investors benefit from clear visibility across multiple income sources. The template’s structured, integrated financial statements Excel ensure full transparency in multi-product forecasting, enabling credible startup financial projections that withstand investor scrutiny.
This startup financial projection template produces consistent, auditable, and valuation-linked outputs that investors expect. Every assumption flows through the integrated financial statements Excel, ensuring the three statement financial model remains balanced. It includes built-in DCF valuation, Revenue Multiple, and EV/EBITDA analyses, giving investors several value perspectives.
Automated ratio dashboards show ROA, ROE, and Debt/EBITDA, while charts visualise key metrics like cash runway and break-even. Because it uses standardised logic similar to professional investment models, this startup financial model Excel aligns with lender and VC reporting formats. It’s a ready-to-use framework for funding, valuation, or internal decision-making.
This startup financial model Excel template is highly flexible, allowing users to modify assumptions directly within the Dashboard and Input Sheets. You can adjust key drivers such as revenue growth, pricing, cost of sales, funding mix, and operating expenses to see instant updates across the three integrated financial statements.
While the model does not include pre-set scenario toggles, users can easily duplicate the file to test different strategies or funding outcomes. All results—DCF valuation, cash flow forecasts, and profitability metrics—are automatically updated. This flexibility gives startups full control over forecasting and valuation without requiring advanced Excel skills, ensuring professional-grade financial projections.
Working capital is automatically derived from user inputs for debtor days, creditor days, and inventory cycles. The three statement financial model then adjusts receivables, payables, and inventory balances accordingly, feeding into the Cash Flow Statement. This ensures your startup financial projections include realistic cash timing.
The integrated financial statements in Excel format eliminate manual linking errors and maintain full reconciliation between the Income Statement, Balance Sheet, and Cash Flow. Users can simulate changes in payment terms or supplier credit and immediately see the impact on cash flow and valuation. This makes the startup financial model template ideal for liquidity and funding planning.
Yes. The startup financial model Excel is fully editable, transparent, and colour-coded for easy navigation. All calculations are visible, and input cells are shaded for guidance. Because it’s an integrated financial statements Excel file, even custom logic remains consistent across all tabs.
Founders can modify assumptions, add revenue lines, or adjust funding mixes while keeping financial projections for a startup balanced. Its modular design makes it suitable for manufacturing, retail, or service businesses. The DCF model template recalculates automatically, producing valuation and cash flow results without requiring advanced Excel knowledge.
This startup financial projection template produces clean dashboards that display financial projections, profitability, and valuation metrics in a single view. Investors can instantly see DCF results, IRR, and runway. Because all metrics originate from the integrated three statement financial model, credibility is guaranteed.
The file displays visuals easily for pitch decks or board packs. Built-in valuation model Excel elements help founders justify pre- and post-money valuations using consistent logic. For funding rounds, lenders and VCs prefer this structure—it provides transparency, consistency, and defensible assumptions.
Unlike simpler tools, this discounted cash flow model Excel combines deep three statement integration with multi-method valuation and sensitivity analysis. It’s not just a calculator; it’s a fully linked startup financial model used by professionals for due diligence. It provides flexibility for startups at any stage—from pre-revenue to scale-up—while maintaining integrity through automated balance checks and built-in DCF logic.
Competing templates rarely include EV/EBITDA or Revenue Multiple features, but this one does. The outcome is a robust, adaptable startup financial projection template that produces investor-grade financial projections for a startup in hours, not weeks.
This Excel-based 5-Year Startup Financial Model gives founders and analysts a clean, auditable way to plan, fund, and manage a new venture. It integrates the Income Statement, Balance Sheet, and Cash Flow into a single logic stack, so changes in assumptions automatically flow through the entire forecast. You can build monthly projections for the first year and roll forward to three, four, or five years as traction grows.
Operationally, this Best Financial Models template handles up to 10 products/services, each with its own pricing and cost logic. Set Cost of Sales as a percentage or per-unit, add operating costs across up to 35 OPEX lines and 35 roles on the labour sheet, and map funding with debt and equity. Debt schedules include moratorium options up to five years to test repayment stress and lender covenants.
Sanity checks keep the Balance Sheet balanced and highlight input errors.
Everything is transparent and editable: all formulas are visible, colour-coded input cells guide you, and the file ships with a pre-populated mock scenario so you can see the mechanics before replacing the inputs with your own numbers.
Typical use cases include seed and Series A fundraising, loan applications, board reporting, and internal budgeting. Because the statements are integrated, the model helps you anticipate cash burn, plan hiring, stress-test unit economics, and justify valuation with a believable bridge from today’s metrics to future economics.
If you need a single source of truth for your forecast, valuation, and investor pack, this is the right starting point. Download the startup financial projection template, fill in the yellow input cells with your assumptions, and present a bank-ready, DCF-supported plan in hours, not weeks.
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