Financial Modeling for Beginners: Mastering the Basics - Startup Financial Model for eCommerce [Template Included]

We learn how to build a simple startup financial model for an eCommerce business. Excel template included. ✅ eCommerce Financial Model Template Download: https://mailchi.mp/08dea5fce979/lctfgl5tlb 🚀 If you want to master the finance skills & frameworks to successfully scale technology startups, secure your spot in my "Finance for Startups" program: https://www.ericandrewsstartups.com/financeforstartups (special offer available) Communities: 💼 Linkedin: https://www.linkedin.com/in/eric-andrews-1624b656/ 💻 Newsletter: https://mailchi.mp/1cf66809482f/mcoa7eoc9w Related eCommerce Videos: 🚩https://youtu.be/UEZVurG7Ppo 🚩 https://youtu.be/F76-bj5fUZE 🚩https://youtu.be/YaJ7D4VP1DQ?si=xePBo47IK8hubYfT 🚩https://youtube.com/playlist?list=PLdoBuNNnCmdVb9nppKtWV1J7-0hu8XHQz 🚩https://youtu.be/_uWyDjMv9Cs 🚩https://youtu.be/sPp0u3G2giU ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ In this video, I show you how to set up an eCommerce financial model, and how to think about these startups. We break down the marketing and customer acquisition cost, unit economics and profitability of the product, orders, revenue, and a simple income statement. Sections: 0:20 unit economics breakdown 4:32 marketing & orders projection (using CAC) 6:51 revenue & COGS projection By the end of this video, you will understand how to build startup financial models for eCommerce businesses - I guarantee it! If you have questions - leave a comment below and I'll try to help. Cheers! #financialmodel #startups #ecommerce