Bespoke Financial Plans & Modeling
Financial planning is an essential part of every business, regardless of industry, lifecycle, or size. A financial plan must be logical, accurate, and realistic but also straightforward and easy to understand. For new cannabis businesses, the preparation of financial plans and projections are essential to the business planning process and plays a vital role in design, funding, and timelines.
A startup pro forma is a financial projection that proves your business model is viable. Most pro formas require historical data that many cannabis startups lack. Relying on the skills and experience of our experts, Catalyst BC provides historical inputs to develop financial models specific to selected corporate structure, facility, and market conditions. Comprehensive financial models can be quite complex, with functions ranging from basic arithmetic to complex conditional formulas that account for hundreds of variables relating to time, sales volumes, selling prices, material costs, tax rates, and more. Catalyst BC’s financial experts will collaborate with your team to develop pro forma economic models, including income statements, balance sheets, and statement of cash flows, that are rational, realistic, and specific to the cannabis industry.
If you’re interested in learning more about our Financial Planning support and service offerings, fill out this form, and we will contact you to schedule a no-cost introductory consultation.