MODEL OVERVIEW
 
Flexible, User-friendly Excel model intended for the preparation of a 3 statement (Income Statement, Balance Sheet and Cash flow Statement) financial projection for an existing or new membership-based business (e.g. fitness centre, sports clubs etc). The model includes separate forecasts for up to 3 clubs and across 3 scenarios (e.g. base case, pessimistic case and optimistic case). The model follows best practice financial modelling principles and includes instructions, line item explanations, checks and input validations
 
 
KEY OUTPUTS
 
Projected full financial statements (Income Statement, Balance Sheet and Cash flow Statement) on a monthly basis across 3 years and summarised on an annual basis that can be easily updated to different scenarios using dropdown scenario selector.
Separate income statement (extract) for each club (maximum 3)
Dashboard with
Summarised projected Income Statement and Balance Sheet
Compounded Annual Growth rate (CAGR) for each summarised income statement and Balance Sheet line item
List of key metrics including Average membership numbers, average revenue growth, Average profit margins, Average return on assets and equity and Average Debt to Equity ratio.
Bar charts summarising income statement and Balance Sheet projections
 Net Profit margin and membership numbers by club in table and bar-chart format
 
KEY INPUTS
 
Club inputs include:
Membership types (up to 5)
New members per annum for each membership type
Renewal rates
Monthly membership and joining fees per membership type
Other Costs including staff costs, marketing costs and fixed costs;
Fixed Assets including addition amounts and useful life
 
Total business inputs:
Setup inputs including: Business Name; currency; first projection year; club names and scenario names.
Taxation Inputs including rate and payment periods;
Dividend inputs including amount (percentage of retained earnings) and frequency;
Borrowings including addition amounts and interest rate
Share Capital additions 
 
 
MODEL STRUCTURE
 
The model contains, 11 tabs split into input ('i_'), calculation ('c_'), output ('o_’) and system tabs. The tabs to be populated by the user are the input tabs ('i_Setup' and ‘i_Actuals’ and 'i_Assumptions'). The calculation tab use the user-defined inputs to calculate and produce the projection outputs which are presented in 'o_Fin Stats' and ‘o_Results’ 
 
 
KEY FEATURES
 
The model follows best practice financial modelling guidelines and includes instructions, line item explanations, checks and input validations;
The model allows for a 3-year projection on a monthly basis and summarised on an annual basis;
The model allows the user to model up to 3 distinct clubs across 3 scenarios;
The model allows the user to model up to 5 different membership types which vary by duration, fees and payment type;
Revenues are split into membership fees, joining fees and other income;
Costs are split into: staff costs and other costs 
Apart from projecting revenue and costs the tool includes the possibility to model accruals and prepayments, fixed assets, borrowings, dividends and corporate tax;
Business Name, currency, first projection year, club names, membership types and scenarios are fully customisable;
Revenue, Cost and Fixed Asset descriptions are fully customisable;
The model includes instructions, line item explanations, checks and input validations to help ensure input fields are populated accurately; 
The model includes a checks dashboard which summarises all the checks included in the various tabs making it easier to identify any errors. 
 
 
MODIFICATIONS & SUPPORT
 
If you require any be-spoke modifications or support, we are more than happy to assist. Please send us a message below or contact us on hello@useprojectify.com