THE MODELLING PROCESS
STEP 1: PRELIMINARY DISCUSSION
The process commences with a “remote” preliminary “no obligation” discussion to assess your requirements. This will be by phone or, preferably, by video conference.
STEP 2: AGREE CHARGING STRUCTURE
After this initial discussion, we can mutually agree as to whether or not DYFM can assist you in your modelling requirement. If so, then at this stage, a fee is agreed either on a fixed or hourly charge basis.
STEP 3: PROVISION OF DETAILED INFORMATION
The discussion will then progress to obtain the detailed information and assumptions required to build the model. This may be supported by the provision of historic company financial management information where available.
STEP 4: MODEL BUILD
We then commence the building of the model which may require additional information which will be obtained either through a follow up meeting or by email. The model will be built dynamically, allowing the user to easily assess the impact of varying the key assumptions, both on profitability and cash requirement.
STEP 5: PRESENTATION OF FINAL MODEL
Once finalised, the model will be presented, explained and any required variations implemented and agreed. If required, we are available to assist in the consideration of the outputs.