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Khatia Devadze

SavvY has been a trusted partner to Sodi Investment, an investment fund and direct subsidiary of Guibor (a multi-sector investment company) providing comprehensive investment and financial advisory services. The primary objective of our involvement has been to assist the fund in navigating the complex investment landscape by offering independent financial advice, evaluating potential investment opportunities, and monitoring the financial performance of the investment portfolio.Sodi Investment focuses on real estate, with a concentration on both residential and hospitality sectors. The company’s core vision revolves around revitalizing old and historical buildings by infusing them with modern style and functionality.<h2 style="text-align:justify;">How We Helped</h2>SavvY played a strategic role in supporting Sodi Investment across the full investment lifecycle. Our work focused on empowering the fund with expert insights, data-driven analysis, and strategic financial advice. Key areas included:<ul><li style="text-align:justify;">Investment Evaluation &amp; Financial Modeling - We provided rigorous financial analysis and modeling to assess potential deals, ensuring each opportunity aligned with the fund’s objectives and market realities.</li><li style="text-align:justify;">Performance Monitoring &amp; Reporting - Through continuous tracking and evaluation, we helped maintain financial discipline across the portfolio, offering regular insights and updates to support data-informed decision-making.</li><li style="text-align:justify;">Strategic Financial Advisory - We acted as a trusted advisor in high-stakes financial negotiations and transactions, ensuring optimal financial terms and long-term value for shareholders.</li><li style="text-align:justify;">Audit &amp; Compliance Oversight - When needed, we facilitated external audits to uphold transparency, compliance, and investor confidence.</li></ul><h2 style="text-align:justify;">Impact and Potential</h2>Our engagement with Sodi Investment has enabled the fund to make well-informed, strategic investment decisions while maintaining financial discipline and operational transparency. The advisory support has been crucial in ensuring the financial soundness of investment opportunities and optimizing the overall performance of the portfolio. Through our active monitoring and expert financial recommendations, we have helped the shareholders enhance their investment outcomes and ensure the sustained success of their portfolio.This ongoing partnership highlights SavvY’s commitment to providing sophisticated, personalized financial and investment advice that supports long-term growth, financial efficiency, and success for institutional investors.

Sodi Investment

 Financial Management

Financial Reporting

Investment Advising

Fundraising

Sodi Investment Fund Advisory & Financial Management

SavvY has been a trusted partner of Kinor Investment, an investment fund, providing expert investment and financial advisory services. Our primary goal has been to guide the fund through the complexities of the investment landscape by offering independent advice and closely monitoring the performance of its real estate investment portfolio.<h2 style="text-align:justify;">How We Helped</h2>SavvY provided end-to-end financial advisory to support Kinor Investment’s strategic goals. Our core contributions included:<ul><li style="text-align:justify;">Investment Evaluation &amp; Financial Modelling - We built and assessed financial models grounded in market realities and shareholder priorities, delivering clear recommendations on investment viability.</li><li style="text-align:justify;">Performance Monitoring &amp; Reporting - We provided ongoing financial oversight across the portfolio, delivering regular performance updates and actionable insights, and ensuring transparency through access to essential data.</li><li style="text-align:justify;">Quarterly Financial Reviews - We conducted structured quarterly reviews of all active investments, identifying areas for improvement and helping boost financial efficiency.</li><li style="text-align:justify;">Audit &amp; Compliance Support - We facilitated external audits when needed, ensuring financial accuracy and alignment with industry standards to reinforce trust and compliance.</li></ul><h2 style="text-align:justify;">Impact and Potential</h2>Through our collaboration with Kinor Investment, the fund has been able to make informed, strategic decisions, maintaining both financial discipline and transparency. Our advisory services have played a crucial role in assessing the financial soundness of investment opportunities, optimizing the overall portfolio performance, and enhancing financial efficiency.&nbsp;

Kinor

Kinor Investment Advisory & Financial Management

Our team actively worked with Phubber, one of the outstanding companies in the Georgian startup ecosystem. Phubber is the first Georgian digital marketplace that connects people who want to buy and sell clothes, accessories, and self-care products. This platform lets you discover Georgian designers' collections, authentic brands, vintage pieces, mass-market brands' outlets, and pre-loved items. SavvY team created a financial model that included the following:<ul style="list-style-type:disc;"><li style="text-align:justify;">Budgeting and Forecasting - Estimated future revenues, expenses, and cash flows based on historical data and market trends.&nbsp;</li><li style="text-align:justify;">Valuation and Investment Analysis - Assessed the value of a company or specific investments. This involved analyzing financial statements, market conditions, and industry trends and applying valuation techniques such as discounted cash flow (DCF) analysis</li><li style="text-align:justify;">Scenario Analysis - Evaluated the potential impact of different scenarios or assumptions on the company's financial performance.&nbsp;</li><li style="text-align:justify;">Financial Statement Modeling - Building comprehensive models to project the company's financial statements, including income and cash flow statements.&nbsp;</li><li style="text-align:justify;">Sensitivity Analysis - Analyzed the impact of changes in key variables or assumptions on the company's financial performance.&nbsp;</li><li style="text-align:justify;">Financing and Capital Structure Analysis - Assessed the impact of different financing options and capital structure decisions on the company's financials. This included modeling debt and equity financing, calculating interest expenses, evaluating debt repayment schedules, and analyzing the cost of capital. &nbsp;</li></ul>The main goal of our team was to help the company translate its future strategy into financial indicators. The Phubber team used this financial model to raise funding with potential investors.

Phubber

Financial Modeling

Financial Model for Digital Marketplace

Caucaspack, a leader in the production of recyclable food packaging materials in Georgia, engaged SavvY to support their digital transformation journey and the adoption of IFRS standards back in 2022. This collaboration aimed to improve the company’s operational efficiency, enhance financial transparency, and align with international best practices as part of their expansion plans.As part of this ongoing partnership, SavvY has also been providing Floating CFO services, ensuring that Caucaspack's financial management is strategically aligned with its growth objectives and long-term vision.SavvY’s involvement included a comprehensive transition from legacy software systems to an advanced ERP solution, integrating key financial and operational processes. Additionally, we facilitated the adoption of IFRS, equipping the company with the necessary tools to support its global expansion and meet international financial reporting standards. This partnership is a testament to the seamless integration of digital transformation and financial oversight to enable sustainable growth.<h2>How we helped</h2>SavvY took a multifaceted approach to assist Caucaspack in optimizing its financial and operational capabilities:<ol><li style="text-align:justify;">Digital Transformation &amp; ERP Implementation: We guided Caucaspack through the complex process of transitioning from their existing software systems to a fully integrated ERP system. This shift not only modernized their financial management but also streamlined other critical operational processes, enhancing efficiency across the organization.</li><li style="text-align:justify;">IFRS Adoption: SavvY supported the implementation IFRS standards, ensuring compliance with local and international financial reporting norms. This initiative laid the foundation for Caucaspack’s expansion plans, enabling the company to operate transparently and efficiently on an international scale.</li><li style="text-align:justify;">Floating CFO Services: As part of the ongoing partnership, SavvY provides Floating CFO services, overseeing Caucaspack’s financial operations. This includes delivering insightful financial reports, managing day-to-day financial activities, and ensuring accuracy in the accounting functions. Our team ensures the company’s financial division operates smoothly and adheres to industry best practices, helping them make informed, data-driven decisions. SavvY manages the external audit process, from selecting the audit firm to coordinating with the internal accounting team. We ensure the smooth delivery of required documentation and support the timely completion of the audit, ensuring compliance with relevant standards and regulations.</li><li style="text-align:justify;">Financial Reporting: SavvY developed and delivered comprehensive financial reports, including profit and loss statements, balance sheets, and cash flow statements, all tailored to Caucaspack’s production sector. These reports are designed to not only meet regulatory standards but also provide KPIs that guide strategic decision-making. In addition, we assisted in formulating financial plans and budgets that align with Caucaspack’s long-term growth objectives.</li></ol><h2>Impact and Potential</h2>The collaboration between SavvY and Caucaspack has resulted in tangible and sustainable improvements across the company’s operations:<ol><li style="text-align:justify;">Improved Financial Transparency: Through IFRS adoption, Caucaspack now operates with globally recognized financial reporting standards. This improvement in transparency positions the company well for future partnerships, investments, and international expansion.</li><li style="text-align:justify;">Informed Decision-Making: The introduction of sophisticated financial reports and performance metrics has enabled Caucaspack’s leadership to make more informed, strategic decisions, optimizing both short-term operations and long-term growth strategies.</li><li style="text-align:justify;">Sustainable Growth: With the support of Floating CFO services, the company benefits from expert financial oversight that ensures all financial operations are efficient, accurate, and strategically aligned. This contributes to Caucaspack’s sustainable growth and positions them for continued success in the packaging industry.</li></ol>&nbsp;

Caucaspack

IFRS Adoption & Implementation

Caucaspack Financial Transformation & CFO Support

Within the framework of the Global Program Migration &amp; Diaspora program, in November 2021, with the finance of GIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit), a Business Process Analysis and Operations Management Manual was prepared for the State Programme for Reintegration of Returned Migrants.Meetings with program managers were conducted to analyze business processes, formal documents were processed, interviews with program implementers were conducted, program beneficiaries were interviewed, and secondary research was conducted.As a result, the business process analysis document includes a description of the effectiveness of the work performed during the planning, implementation and monitoring-reporting phase, challenges and recommendations for improvement.In addition, the project has prepared an operation management manual and annex documents, which include the organizational structure of the program and an operations management map at the planning, implementation, and monitoring or reporting stages. The Operations Management Manual describes the processes related to the implementation of the State Programme for Reintegration of Returned Migrants.

Deutsche Gesellschaft für Internationale Zusammenarbeit

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Ecosystem Development

Business Process Analysis and Operations Manual for GIZ

Insights

<img src="/uploads/Financial_management_acc34a4b76.png" alt="Financial management.png">You’ve probably heard the saying: “When you run a business, today’s decisions can shape your future”.&nbsp; But when people say this, they’re not only talking about having a good product or strong marketing, they’re also talking about controlling finances. Business owners understand that without good&nbsp;<a href="https://wesavvy.co.uk/services/financial-management">financial management</a>, it becomes hard to grow, take risks or survive during tough times. That’s why financial management isn’t just one part of a business, it’s what keeps everything working together and helps the business stay successful.SavvY&nbsp;understands this better than most. As a business consulting firm, we've seen many companies struggle with financial planning and control. That's why we offer specialized services to help businesses of all sizes get their finances in order. Through careful analysis, strategic planning and expert guidance, we make sure our clients have the right tools and knowledge to make smart financial decisions. When companies work with us, they learn to use financial management as a powerful way to grow.The main functions of financial managementTo understand why financial management is so important, we need to look at its key components, one of which is&nbsp;<a href="https://wesavvy.co.uk/services/financial-reporting">financial reporting and analysis</a>. This clear overview of financial results helps everyone, from managers to investors, make better decisions. By using financial reporting and analysis, companies can measure their financial stability, identify areas that need improvement, spend their resources wisely and increase profits.Another important part is&nbsp;<a href="https://wesavvy.co.uk/services/financial-modeling">financial modeling.</a> This tool helps you understand what might happen if you make certain decisions. Whether you're considering investing in a new venture, exploring opportunities to expand your business or looking to improve cost efficiency, financial modeling reveals the potential financial impact of these strategic decisions. It allows you to test different ideas on paper before committing any actual capital.We also need to talk about financial risk management because things don’t always go as planned. The market can change, unexpected costs can happen or customers might stop buying products. But with good financial risk management, you are ready for these problems. It means having a plan for difficult situations and this helps your business stay safe and continue working even during tough times.All these parts mentioned above: financial reporting, financial modeling and financial risk management, work together to keep your business strong. They help you see where your business is now, make plans for the future and be prepared for possible problems.The role of a finance manager in the organizationTo use financial management well, you need someone who knows how to work with finances. That’s why having a finance manager is important. A skilled professional can take basic financial tasks and turn them into useful tools for the business.&nbsp;At&nbsp;SavvY, our financial management services include experienced finance managers who become part of your team. We don’t just work with numbers, we help guide your company’s financial future. Our finance managers make sure your financial decisions support your business goals, helping you make good choices that lead to steady growth.One of the most important tasks for them is monitoring how your company is performing financially. They use financial reports and analysis to evaluate key metrics such as profit margins, return on investment (ROI), cash flow, operating efficiency. With this information, they can see what’s working well and what areas need attention.&nbsp;Finance managers also create budgets and manage financial risks. Their ability to find problems early helps businesses stay organized and avoid financial losses. By improving financial performance step by step, a finance manager becomes an important partner in helping your company succeed over time.Why every business needs good financial managementNow that we've seen how financial management works, it's easy to see why it's so important. Good financial management helps businesses avoid common mistakes and also encourages good habits in all areas of the company because everyone can see how their work affects the business’s finances. When a business has good financial systems in place, it can quickly respond to problems. For example, if sales suddenly drop, a company with strong financial reports can easily make changes to reduce the impact.For business owners who don’t have a financial team or need more flexibility,&nbsp;SavvY’s&nbsp;financial management services are a great solution. Our “Floating CFO” service offers high-level expertise with hands-on support. From setting clear financial goals to checking performance and providing detailed reports,&nbsp;SavvY&nbsp;becomes a key partner in helping the business progress.Final thoughts and tips for business ownersIn today's business world, where competition is strong, every decision matters. Whether your business is new or has been around for a while, good financial management is important for staying stable and moving forward.If you're running a business and feel unsure about your finances, here are some things to think about:<ul><li style="text-align:justify;">Check your finances regularly - Don’t just look at your numbers once a year. Monitor them and see how they change over time.</li><li style="text-align:justify;">Don’t skip planning - Use financial models to test different options before making big decisions.</li><li style="text-align:justify;">Understand the risks - Even small problems can become bigger if you don't manage financial risks properly.</li><li style="text-align:justify;">Consider services like&nbsp;SavvY's “Floating CFO” option. You don’t have to do everything alone. A trusted financial expert can make a big difference now and in the future.</li></ul>And always remember to keep checking your financial performance. A business is always changing, and its financial needs change too. Stay active, stay informed and let proper financial management lead you to success.&nbsp;

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Why Financial Management Is the Key to Business Success

<img src="/uploads/NEW_PROJECT_compressman_fb29652bda.jpg" alt="Why Every Business Needs Business Training to Succeed">Imagine you are the leader of a growing business, full of new ideas and excited about the challenges that might come. You want to lead your team to success and at some point, you have everything you need to achieve it: passion, vision, determination, etc. But even with these qualities, you will quickly see that running a successful business requires more than just hard work. Every entrepreneur knows that having the right training and skills is important for managing a business well.As a top executive, you may know a lot about strategy, but running a successful company means that you need to keep learning and improving your skills. In general, business training isn’t just for beginners, it’s also for leaders who want to make better decisions and work more efficiently. It gives you and your team the knowledge to avoid mistakes and make smart choices that will help your business be successful.And this is where <a href="https://wesavvy.co.uk/services/capacity-development-and-training">capacity development</a> makes a big difference.<h2 style="text-align:justify;">How capacity development helps your business stay competitive</h2>Let’s start with the capacity development definition, which means improving the skills, knowledge and abilities of employees and the whole organization. This makes the business stronger and more flexible. Also it is generally acknowledged and proven that when companies focus on training leaders and developing teams, they improve communication and teamwork.&nbsp;Besides these, by improving these skills, businesses can deal with challenges better, make smarter decisions and find new opportunities. Capacity development also helps businesses adjust to changes in the market and stay on top among competitors. In the end, it makes the business stronger and better while achieving its goals.Also, investing in capacity development can make employees feel more confident and valued when they learn new skills. This can create a better work environment, reduce the number of employees who are about to leave and help increase productivity. When employees are trained well, they are more likely to contribute as much as they can to the business's success.<h2 style="text-align:justify;">The role of business training in helping entrepreneurs</h2>To better understand the benefits of business training, let's look at a real example. One such example is&nbsp;<a href="https://wesavvy.co.uk/">SavvY's</a> involvement in the Be Digital program. The program was focused on helping entrepreneurs improve their digital skills and this initiative played a key role in enhancing digital capabilities. It became clear how business training could bring real and positive changes.Through the Be Digital program, almost 200 entrepreneurs from various industries, such as food processing, tourism and winemaking, participated in training sessions across Georgia. The program was focused on teaching essential digital skills, like using email, managing online platforms, creating marketing materials and handling invoicing. By learning these skills, entrepreneurs were able to improve their business operations, make marketing easier and increase their productivity. It’s clear that these are key factors for staying competitive in today’s digital world.The training was interactive, with activities that let participants create their own digital tools, like business logos and brochures and register their companies on online platforms. This interactive method helped entrepreneurs use what they learned in their businesses, which made the training more effective.&nbsp;Another example of SavvY's impact is its involvement in the IFRS for SME Capacity Building Project. This project was led by the Ministry of Finance of Georgia and supported by USAID's Governing for Growth project to help businesses in Georgia use International Financial Reporting Standards (IFRS) because of new laws. Like the Be Digital program, which helped improve digital skills, this project was important for improving&nbsp; business practices, especially in financial transparency and responsibility.&nbsp;Through this project, SavvY trained 88 IFRS trainers, made simple learning materials and trained over 100 accountants. Also, 35 training modules were translated into Georgian to help local professionals understand IFRS better. This training helped businesses be more open and responsible with their finances, which is important to stay competitive. In the same way, the Be Digital program showed how training can give entrepreneurs the skills they need to succeed.To better understand how capacity development and training help entrepreneurs, you can look at some of&nbsp;SavvY's other successful projects on our website. These examples show how targeted training programs can significantly improve entrepreneurs' skills and help their businesses grow.&nbsp;<h2 style="text-align:justify;">Skills development for stronger businesses</h2>As we saw in the Be Digital initiative, focused training can have a big impact on the skills of entrepreneurs. But skills development is not only about digital tools. It is also important for helping businesses grow in global markets and make sure they will succeed in the long-term. This is where capacity building comes in. Capacity building means giving employees the right skills,&nbsp; so they can help the business grow.A great example of how skills development helps businesses grow is&nbsp;SavvY’s&nbsp;<a href="https://wesavvy.co.uk/services/export-management-hub-skills-development">Export Management Hub</a>.&nbsp; SavvY offers special coaching and training to help businesses build teams that will be focused on exports. This service gives workers important skills for global trade, like market research, finding export markets, competitor analysis and product packaging.&nbsp;Besides helping businesses build strong export teams, the Export Management Hub also helps them create effective strategies to succeed in international markets. By focusing on strategies for each market, SavvY helps businesses understand the needs of different countries and areas. This allows companies to create plans that increase their chances of success when entering new markets. The provided guidance helps businesses face challenges in global trade, such as adjusting to local cultures, understanding what customers want and following international rules.&nbsp;This approach is part of a capacity development plan that makes sure businesses can grow and succeed. Overall, it shows the capacity building meaning, which is giving companies the knowledge and skills they need to do well in the global market.<h2 style="text-align:justify;">The impact of business training in the long-term</h2>It’s important to note that the benefits of business training are not just about quick results. This means that training can improve skills, but its real value is in the long-term. Learning regularly helps businesses stay competitive, adjust to changes and encourage new ideas, which ensures that companies are ready to face future challenges and take advantage of new opportunities. Because of all these benefits, business training is especially important for startups.Many startups fail because they don’t have the right skills to grow and solve problems. Without good training, business owners may find it hard to make the right decisions or create strong plans. Business training helps them gain important knowledge and tools to handle these challenges. It teaches them how to plan better, avoid common mistakes and create a strong foundation for future success.Learning regularly also helps businesses adjust to market changes. As technology and customer needs change, companies need to follow the changes to stay competitive. Training programs give them new ideas and show them ways to solve problems. When business owners and employees keep learning, they can find new opportunities and make stronger business strategies.<h2 style="text-align:justify;">Strengthen your business with SavvY’s training and development programs</h2>In today’s competitive world, the path to lasting success relies on continuous learning and capacity development. Therefore, SavvY’s personalized coaching and training programs are great examples of how businesses can develop the right skills to succeed globally. If you want to move your business forward, think about how SavvY’s expertise can help you reach your goals.&nbsp;Don't wait, invest in your team's development today!

Why Every Business Needs Business Training to Succeed

<img src="/uploads/Business_plan_4e8a45bdac.webp" alt="Business plan.webp">Starting or growing a business is not easy and it’s even harder without a clear plan. A&nbsp;<a href="https://wesavvy.co.uk/services/business-plan">business plan</a> is like a guide that helps your business stay in the right direction. It shows your goals, how you are going to reach them and what your company’s future could look like. If you want your business to succeed, writing a good business plan is essential.A business plan is important for any business, big or small. It helps with making good decisions, staying organized and planning for growth. It shows where your business is going and how to get there. For startups or small businesses, having a good business plan can decide success or failure.Whether you want to start a new business or&nbsp; improve your current one, a good business plan is the first step. In this guide, we will explain the structure of a simple business plan and talk about each part of it. You will learn how to create a plan that can impress investors and help your business succeed.<h2 style="text-align:justify;">What is a business plan? Understanding its purpose and importance</h2>A business plan is a written document that explains how a business will achieve its goals. It describes the business’s strategy, target market, products or services and financial information. In simple terms, it explains how the business will work and grow, helping the owner stay focused on their goals.The purpose of a business plan is more than just explaining the business idea. It helps guide the company’s overall strategy, making it easier to make good decisions. For new businesses, a business plan is important for attracting investors who want to see that the business has a clear plan for success. A good business plan can give them confidence to invest.In short, a business plan helps business owners manage their work, make smart decisions and reach long-term goals. It provides a clear way to turn ideas into real plans while reducing risks and creating chances for growth. If you think about possible problems in advance, you can easily find solutions and avoid surprises.<h2 style="text-align:justify;">How to structure a business plan? Key elements you need to include</h2>A good business plan is organized in a clear way. Each part of the plan gives important information about different areas of your business. While the details might change based on your goals, there are key parts that every business plan should include:Executive Summary -&nbsp;Although this section comes first in the document, it should be written last. The executive summary provides an overview of the entire business plan and highlights the key points. It should briefly explain your business, goals and why it's a great opportunity.Company Description&nbsp;-&nbsp;This section comes after the executive summary. It gives more details about your business, including what you do, your mission and your goals. It helps readers understand your business’s background and what makes it different from others.Market Research &amp; Analysis&nbsp;- This section comes after the company description. Here you share information about your industry, market trends, your target audience and competitors. It shows that you understand the market and know how your business fits into it.Organization &amp; Management&nbsp;- This part follows market research. It outlines your business structure, key team members and their roles.Products &amp; Services -&nbsp;After describing the team and structure, you’ll explain your products or services in this section. You should discuss what you’re selling, how it benefits your customers and what makes it unique.Marketing &amp; Sales Strategy&nbsp;- After the products and services section, you will explain how you plan to market and sell your products or services. This includes how you will advertise, set prices, offer special deals, etc.Financial Projections&nbsp;- This section comes after the marketing and sales strategy. It gives information about your business's expected financial results, including sales, profits, cash flow and balance sheets. This helps investors see if your business is financially strong.Funding Request (if needed) -&nbsp;If you need funding, this section comes last. You will explain how much money you need, how you plan to use it and how you will pay it back.&nbsp;<h2 style="text-align:justify;">How to choose the best business plan sample?&nbsp;</h2>When looking for a business plan sample, it’s important to pick one that matches your business type and goals. A good one should be clear and realistic. It should include all the main parts we mentioned earlier, such as the executive summary, financial projections, marketing plan, etc. Look for business plan examples that are detailed but easy to understand. This will help you know how to organize your own plan. Also, make sure the example comes from a similar industry or business size, because it will provide more relevant information for your plan.There are many online places where you can find business plan examples, such as government websites, business blogs and articles. However, since you're already here, you can explore the business plan examples, templates and all the related services we offer at&nbsp;“<a href="https://wesavvy.co.uk/">SavvY</a>”. Our business plans include detailed market research, <a href="https://wesavvy.co.uk/services/financial-modeling">financial modeling</a> and strategic analysis to meet investor expectations and industry standards. Whether you need help organizing your plan or a custom solution, we offer a professional and detailed approach.&nbsp; Looking at these real templates can help you understand what works, what investors look for and how to write a plan that will be impressive.&nbsp;<h2 style="text-align:justify;">SavvY's tips for writing a successful business plan</h2>Writing a successful business plan doesn’t have to be hard. At&nbsp;“SavvY”, we suggest keeping it simple and clear. Start by focusing on the most important points and avoid using too many technical words or extra details. Make sure each part of your plan is easy to understand and organized in a clear way. Always stay focused on your goals and be realistic about what your business can achieve. Investors like plans that are simple and easy to follow.&nbsp;Remember, a strong business plan is important for turning your ideas into reality and reaching your goals. It helps you make smart decisions, stay organized and show investors how your business can succeed.&nbsp;At&nbsp;“SavvY”, we believe that a good business plan is more than just a paper. It's a powerful tool that can guide you successfully in such a competitive business world.

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The Must-Have Business Plan Sample for Success

<img src="/uploads/how_to_build_up_a_comprehensive_financial_model_8d20fed613.webp" alt="financial model">Would you ever think about making big business decisions without knowing the possible financial outcomes? Most business owners wouldn’t take that risk. Instead, they use financial modeling to study data and predict future results. A good&nbsp;<a href="https://wesavvy.co.uk/services/financial-modeling">financial model</a> helps businesses plan better and reduce risks, so they can stay financially strong.A financial model is an important part of&nbsp;<a href="https://wesavvy.co.uk/services/financial-management">financial management</a>. It helps businesses predict how much money they will make, how much they will spend and if they will make a profit in different situations. Whether a company is starting a new product, growing its business or looking for investment, business and financial modeling specialization helps make logical decisions.To better understand how financial modeling supports smart choices, it's important to first explain what financial modeling is.Definition and basic principles of financial modelingThe main idea of financial modeling is the process of making a detailed plan to predict a company’s future finances. This usually means looking at past data and making guesses about what will happen in the future. The goal is to create a model that shows how a business’s finances will change based on different decisions or events. The model helps businesses see what might happen and understand how their choices will affect their finances.Use of different financial modeling typesThere are different types of financial models and each has its own purpose. For example, a budgeting model helps companies plan their income and expenses. Forecasting models predict future financial results based on past data. Other models, like valuation models, help businesses figure out their market value. No matter the type, financial models offer important information that helps businesses improve their strategies, minimize potential risks and be prepared for future challenges.In addition to these common financial modeling types, businesses can also use cash flow models, which help control the money coming in and going out. This also ensures that there is enough money to cover expenses. Another important tool is the financial statement model, which combines the income statement, balance sheet and cash flow statement into one tool to understand how the business is performing.&nbsp;How to build a financial model: A step-by-step guide to forecasting and analysis&nbsp;Now that we’ve mentioned the different types of financial models and their purposes, it's important to understand the process of building one. Step-by-step financial modeling involves several stages that help businesses predict and understand their financial results. Each stage is important for creating a model that is clear and useful. Below, you will find the main steps in building a financial model:Step 1: Collect information and make basic assumptions&nbsp;- The first step is to collect important information from different sources, such as past financial data, market trends, etc. At the same time, make basic predictions about things like how much money the business will make, its costs and the market situation. These help to build the rest of the model.Step 2: Build the model structure&nbsp;- In this step, the basic structure of the financial model is created, which shows the main parts that will help make predictions. The structure is usually arranged in a spreadsheet, where the financial data is organized and calculated. This helps make sure that the information is processed correctly through the model and everything works together.Step 3: Forecast income, expenses and create financial statements - Once the structure and basic predictions are ready, the next step is to forecast future income and costs, based on the collected data. This includes making main financial statements, such as the income statement, balance sheet and cash flow statement. These show what the business is likely to earn and spend.Step 4: Cash flow modeling and risk analysis -&nbsp;In this step, cash flow forecasts are checked and the model is tested for possible risks. Cash flow modeling makes sure that the business has enough money to pay its bills. On the other hand, risk analysis is done to find and understand possible financial problems, like market changes, higher costs or unexpected expenses.Step 5: Final verification, refinement, and scenario/sensitivity analysis&nbsp;- In the final step, the financial model is carefully checked and improved. This includes scenario analysis, where different situations (like changes in pricing, workload or funding) are tested to see how they affect the results. Sensitivity analysis is also done to see how small changes in important details impact the model.&nbsp;Why choose SavvY for your financial needsAs we’ve seen, financial modeling is very important for making smart business decisions. It helps companies plan well, identify potential risks and stay financially stable. Different types of financial models, such as budgeting, cash flow and valuation models, provide useful information that helps businesses adapt to changes and improve their financial outcomes.<a href="https://wesavvy.co.uk/">SavvY’s</a> skills in this area are shown by the successful financial models we’ve made for many different clients. From a fashion e-commerce startup in the UK to the unique Quadrum Ski &amp; Yoga Resort, we have proven our ability to create financial solutions for different types of businesses. Whether it’s helping investors look at wine factory projects or supporting companies like Goodwill with their growth plans,&nbsp;SavvY’s team provides useful advice that helps make smart decisions and leads to success.If you want to understand your business’s financial future or need a personalized financial model for your next big decision, let&nbsp;SavvY guide you through the challenges of your industry and help ensure your business stays strong and ready for whatever may come next.&nbsp;&nbsp;

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How to build up a comprehensive financial model

<img src="/uploads/what_is_working_capital_1f73283076.webp" alt="what is working capital">If you’ve ever wondered how some businesses always seem to stay strong, no matter what, the secret is simpler than you think: working capital, which isn’t just about making sales or reducing costs, but about having enough financial resources to make sure that the business keeps moving forward.A company with sufficient working capital can pay its bills on time, invest in growth, and handle unexpected expenses without stress. On the other hand, poor working capital management can lead to cash flow problems, delayed payment,s and even more serious financial trouble.In this blog, we’ll explain&nbsp;<a href="https://wesavvy.co.uk/services/financial-management">working capital</a> meaning, how to calculate it and why managing it well is key to a company’s financial growth. But before we go further into why it is essential for success, let’s first understand what is working capital and why it’s so important for business leaders.<h2 style="text-align:justify;">Clarifying the working capital definition</h2>Understanding working capital meaning is essential for any executive who is focused on financial stability. While sales and profit are important, without enough working capital, a company may have trouble covering everyday costs, which can cause more and more problems.&nbsp;In the business world, working capital is a key number that shows how strong a business’s finances are. It’s the difference between what a company owns (like cash, money from customers and products) and what it owes (like bills and short-term loans). It also tells you, if a company can pay its bills and keep everything running without problems, at the same time.&nbsp;This is why business leaders pay close attention to working capital. They understand that managing it well opens the door to new opportunities. With effective management, companies can grow and reduce financial risks.However, while working capital is essential for daily operations, there are other financial tools that are also important for bigger projects and long-term growth.<h2 style="text-align:justify;">Working capital vs. other financial tools</h2>Besides working capital, which focuses on a company's daily operations and shows how well a business can cover its short-term expenses, there are other financial tools. With them, loans, debt and equity are typically used to fund larger projects. To put it simply, while working capital helps cover everyday costs, loans and debt provide the money that is needed for improvements. However, equity allows a business to raise funds without borrowing.For businesses, especially those that are in development phases, understanding the balance between working capital and these long-term financial instruments is even more important. For this reason, sometimes businesses invest in consulting firms to ensure they manage financial tools effectively. These firms help companies make the right decisions regarding their working capital, loans, debt and equity.&nbsp;<h2>How to calculate working capital: what you need to know</h2><h3 style="text-align:center;">Working Capital = Current Assets – Current Liabilities</h3>It’s rare to find a business owner or company that doesn’t know the meaning of this formula, which provides a clear picture of a company’s financial status. Understanding how to calculate working capital is essential, but what really matters is knowing the quality of your assets and liabilities. Some assets are not easy to sell quickly for cash, and some bills may need to be paid sooner than you thought. It’s important to know how fast you can get your money, when you need to pay your bills, and how different seasons can affect your cash flow.It is also worth mentioning that working capital management is not just about calculations; it's about making smart choices to keep a business stable and running well for a long time. For top management, having enough working capital is key to staying financially flexible.&nbsp;For this reason, consulting firms like&nbsp;‘’<a href="https://wesavvy.co.uk/">SavvY</a>” can help review and improve strategies to make sure they match your business goals.<h2>From numbers to strategy, managing working capital effectively</h2>The formula we mentioned earlier is just the beginning. After calculating working capital, the next step is to use that information practically, which is key to running your business effectively. You need to apply this data to make strategic decisions. It’s often said that effective working capital management is about balancing short-term needs with long-term goals to ensure that resources are used correctly.Once you understand your working capital, it can help you make better decisions. By checking it regularly, you can keep your business balanced between having enough cash and growing. For example, if your working capital is high, you might want to invest in new opportunities or grow your business. If it’s low, you may need to reduce unnecessary costs. The key is to stay flexible and be ready for changes in the market.<h2>Why positive and negative working capital matter</h2>After calculating and using your working capital effectively, the next important factor is understanding whether it’s positive or negative, because it significantly affects how your business works.Positive working capital means you have enough assets to pay your short-term debts and it shows that your business is financially stable. This helps you pay bills on time and take advantage of new opportunities. On the other hand, negative working capital means your debts are higher than your assets, which can make it hard to pay bills and run your business without problems. This situation needs careful attention to avoid cash flow problems. When you know if your working capital is positive or negative, you can make smarter decisions.<h2 style="text-align:justify;">“SavvY” -&nbsp;Your partner in improving working capital management</h2>In conclusion, managing working capital well is important for businesses to run effectively, but as we've seen, it’s not just about understanding the numbers; it’s about making good decisions based on that information. Since working capital and other financial tools are so important, many companies choose to get help from experts.Here’s where&nbsp;“SavvY” can make a difference for your company. This business consulting firm, based in Tbilisi, Georgia, uses a simple and effective approach to help businesses manage their working capital and improve their financial strategies. With good knowledge of the local market and global best practices,&nbsp;“SavvY” helps businesses turn challenges into opportunities.&nbsp;

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Projects I've worked on

Sodi Investment Fund Advisory & Financial Management

Kinor Investment Advisory & Financial Management

Financial Model for Digital Marketplace

Caucaspack Financial Transformation & CFO Support

Business Process Analysis and Operations Manual for GIZ

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Publications

Why Financial Management Is the Key to Business Success

Why Every Business Needs Business Training to Succeed

The Must-Have Business Plan Sample for Success

How to build up a comprehensive financial model

What is Working Capital? Understanding Its Importance and Role in Business Success

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