What We Offer
The financial plans, forecasts, and budgets we develop for our clients are the #1 most popular service we provide. We can assess how long your existing cash will last, and when you might need to raise another round of funding. We can also establish cost controls within your organization, providing managers with concrete budgets, or set revenue targets for your sales teams.
EdgePeak Consulting can manage the financial and business planning for your organization, typically planned one quarter to one year in the future. We have several off-the-shelf financial models ready, including 3- to 5-year planning forecast models for a variety of industries, performance metrics summaries, and various financial rollup views for presentations.
The Client
Verizon Wireless, the #1 wireless carrier in the US.
The Challenge
To evaluate a new line of business and its investment requirements, Verizon needed a comprehensive financial model to assess the revenue, expenses, staffing, and resources required, in addition to a market entry plan. The financial model had to be flexible enough to change pricing plans and the accompanying demand as additional market research data became available, and change expense inputs as vendor selection progressed.
The Solution
EdgePeak Consulting built a bottoms-up financial model which forecasted revenue achievement, profitability, breakeven, and market share. The model allowed revenue inputs for different pricing plans, churn rates, customer uptake scenarios, and product mix, while on the cost side, the model evaluated headcount, inventory costs, marketing expenses, and other operational costs.
The Result
The financial model substantiated the initial promise of the business idea to senior management, and the idea proceeded onto the testing stage.