10 Excel Formulas We Use in Budget Creation
At AG Capital CFO Services, we create practically all financial models in Microsoft Excel, because it provides great flexibility in work and is understandable to every client. MS Excel is the most popular spreadsheet program in the world; it is... Read More →
Company Budget: How does it Work?
What is a company budget? To understand where we spend our money, see opportunities to save, and plan savings, financially savvy people often plan their finances and keep track of what they spend. For exactly the same reasons, companies also... Read More →
Financial Modeling – Explained to a Child
When a CFO is asked what he does on a day-to-day basis, the usual answer is quite simple: “I do financial modeling for companies to help them maximize their ROI thanks to well-calculated decision-making.” – but not for a 7-year... Read More →
How to go Bankrupt in One Year’s Time?
1. Don’t pay attention to competitors It is important to analyze the performance of competitors in order to understand industry trends as well as to see new ways to improve your own performance. Without observing other companies, it is easy... Read More →
How do you know when a company needs a CFO?
Is it useful to buy expensive tools if you plan to remodel only one room? Does it make sense to buy a car if you drive it once a month? Short answer: no. In these situations, it is both financially... Read More →
Accountant or CFO?
In budget planning workshops that we organize, one of the tasks we give to students has to do with cost optimization. We take a virtual company’s results, (very poor in terms of profit), and try to find ways to cut... Read More →
14 questions with Andrew Grigolyunovich
Andrew Grigolyunovich is a CFA charterholder (Chartered Financial Analyst). Currently Andrew is ranked #5 in the world for financial modelling according to Modeloff Official World Rankings. In 2020, Andrew and AG Capital team have founded Financial Modeling World Cup (www.fmworldcup.com). Before... Read More →
Business Life Cycle and Necessary Tools
Almost everyone has heard at least something about the “business life cycle“. As for a human being, it begins with the birth of a company, continues with growth, and then maturity. However, unlike someone’s normal way of life, a company... Read More →