A financial model is an organized representation of historical data and future projections used to make informed business decisions. It is a powerful tool for building a comprehensive picture of an organization’s financial situation and enables businesses to navigate the marketplace with confidence. Financial models make it possible to answer financial questions in an organized, consistent way and can be tailored based on organizational goals. They provide an efficient way to plan, assess, and analyze potential scenarios, allowing organizations to make sound financial choices. With a well-built financial model, organizations are better positioned to predict their performance and ensure the success of their operations.