Iain Morrow
May 2023 | Openbox
Building a robust and flexible financial model is a critical task for businesses. Whether you’re trying to secure funding for your startup, track your company finances, or plan for your company’s future, having a solid model is essential.
The UK Chancellor, Rishi Sunak, delivered his Spring Statement today (23 March 2022). In terms of measures relating to companies involved in the project finance arena, one of the main items of note was the announcement of the government’s Tax Plan for the remainder of
Paul Myers I’ve been working with Gridlines for just over two years. It has flown by. Let me tell you why. Gridlines is a small-but-growing business. We had a little fewer than 20 people when I got involved in late 2020; two years later about
A merger model represents the financial position arising on the combination of two companies. Companies can combine in a number of ways including a merger under a mutual agreement to form a consolidated entity or an acquisition. An M&A model is an advanced model used
It still surprises me when we are completing a financial model audit, how often we encounter errors where rather than adding a number it is subtracted by mistake (or vice versa). Where you get a sign wrong, it’s especially bad news as it gives you
Another group of killer errors that can cause big problems are base dates for indexation, discounting, and NPV calculations. This is one close to my heart as many years ago, believe it or not, I had included an incorrect base date in an NPV calc!
The UK Chancellor of the Exchequer, Jeremy Hunt, delivered his Autumn Statement on the 17th of November 2022. Details of the Statement can be found here. This followed on from the Mini-budget and Growth Plan delivered by Kwasi Kwarteng, which unsettled the markets, and was
To help in our mission to save our friends and colleagues from the horrors of modelling errors, we plan to share a series of the most common errors we uncover in our role as model auditors. We hope this helps you dodge a bullet sometime
The new UK Chancellor, Jeremy Hunt, delivered a fiscal statement on October 17th 2022, in a bid to reassure the markets and bring a degree of financial stability after Kwasi Kwarteng, the then Chancellor’s Mini-budget of September 23rd 2022 caused a period of economic turmoil
When we started building Openbox, we thought we were building a tool to create spreadsheet models. But as anyone who has started a business will tell you, customers and the market have a way of surprising you with what they really want! And one thing
*If your life involves any amount of time staring at spreadsheets.
