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The Financial Model

In: University Startups and Spin-Offs

Author

Listed:
  • Manuel Stagars

Abstract

Although researchers are generally comfortable talking about their technology and its features at length, they are often much less well-versed in the business and financial aspects of their undertaking. Entrepreneurs need to be in a position to answer a few key financial questions about their venture. What are we producing that has a value in the market? Will the market pay us enough to be profitable? How exactly are we transferring money from customers into our bank account? The business-model canvas answers the first question, but the other ones require a financial model made with spreadsheet software.

Suggested Citation

  • Manuel Stagars, 2015. "The Financial Model," Springer Books, in: University Startups and Spin-Offs, chapter 0, pages 81-92, Springer.
  • Handle: RePEc:spr:sprchp:978-1-4842-0623-2_8
    DOI: 10.1007/978-1-4842-0623-2_8
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