Financial modelling for small businesses is an exercise in creating an organized and standardized representation of a company’s financial operations. It involves the construction of various financial statements such as the income statement, balance sheet, and cash flow statement which are then used to analyze a company’s performance and make projections about the future. Financial modelling provides key insights into the current state of a business, as well as its potential for growth and development. It’s an essential tool for entrepreneurs who want to make informed decisions about their business’s finances. With accurate financial models, small businesses can develop effective strategies for success.