About Fiscra. Free financial tools for business

A Story of Creating Fiscra

Hello! My name is Kateryna and I’d like to share the story of Fiscra creation.

I work in finance for more than 10 years. For the last 5 years, I help startups and companies prepare financial plans/models for their projects.

I have created more than 50 financial models for different projects: cafes, medical companies, restaurants, flower shops, clothing businesses, and others.

In addition, I saw how people opened businesses without any calculations hoping for success. Unfortunately, such businesses closed a few months after opening because of high losses.

To my mind, building a financial model before opening a business gives a lot of benefits:

• Improve a price strategy;
• Optimization of costs and investment;
• Check if the project profitability corresponds to your expectations and goals;
• Create and understand your sales plan;
• Have the possibility to compare the planned data in the financial model with the actual;
• Save your time and money. After creating the financial model you can understand that this project is not for you or you need to learn more about this field of activity and maybe change your strategy.

Usually, it is enough one day to create a financial model.

With Fiscra calculators you can do it in a few minutes/ hours, depending on the project. The calculators have been created for the most popular types of businesses: coffee shops, restaurants, e-commerce, clothing stores, hospitals, service businesses, etc.

The idea of Fiscra was to share with you my financial experience and create an easy and understandable financial tool for financial model preparation, improve your knowledge in finance for business, and help companies increase their chances of success after opening the business.