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Business planning today

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Most companies still use traditional slide, word and spreadsheet tools like Microsoft Office or Google tools to create a business plan, pitch deck, financial plan and report to their investors, board of directors, management and other stakeholders. These tools are very flexible, mainly free and people are familiar with them, so it is not a surprise they are the first choice when it comes to business planning. Furthermore, there were no real SaaS business planning software alternatives that allow the user to create a high quality business and financial plan. There are several business planning software SaaS tools available in the market, but their functionality is too basic and the users quickly go back to the familiar tools.

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Modeliks is the first business planning software that allows anyone to create a high quality business and financial plan. It guides the user through the business planning process, with pitch, business plan and financial plan templates, while giving the flexibility of traditional tools to create a truly high quality business plan.

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6 reasons why Modeliks vs traditional tools

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Step-by-step guide for the business planning software

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Modeliks guides the user, step by step, through the business planning process. To create a high quality plan in word, and financial plan in a spreadsheet, you will need to be an expert in business and financial planning. You also need an expert in spreadsheets in order to build a high quality, driver-based, financial plan.

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Anyone can create a professional business plan with Modeliks, no business planning experience required.

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Higher quality business plans, 10 times faster

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A professional business plan in word and financial plan in a spreadsheet takes anywhere between two weeks and 3 months to create, depending on quality and your expertise. You will need to design your business plan structure, design the content, build your financial plan structure, write hundreds of formulas, check that the formulas are correct, define the outputs of the financial model (i.e. financial statements and dashboards), and only then, you can start with inputting data about your specific business.

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Modeliks provides you with professionally designed pitch deck, business plan and financial model templates. You can start entering data about your business right away. So you cut out weeks of unnecessary preparation while you create higher quality plans.

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Advanced, driver based financial plans

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Advanced, driver-based financial plans are particularly complex to create in a spreadsheet, unless you are a financial planning expert and a spreadsheet guru. Even financial modelling experts would take weeks to create the a driver based financial model in a spreadsheet.

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Anyone can be a financial modelling expert with Modeliks and create advanced, driver based financial model in hours. Modeliks gives you the financial modeling flexibility and capability of a spreadsheet to create a dynamic, logically linked and driver based financial model, but removes the possibility of error, makes it easy and 10 times faster.

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Error free financial plans

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Financial plans in a spreadsheet require you to create hundreds of formulas. Chance are, you will make a mistake in a few formulas. Depending on the mistake, it could be irrelevant and no one will ever notice, or it could throw out completely incorrect results and ruin your business.

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With Modeliks, you are certain that your financial plans are accurate.

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Updating financial plans with ease

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Creating a financial plan in a spreadsheet requires a financial planning expert, so many companies get financial consultants to build the plan for them. Financial consultants will do a good job, and build a complex financial model. So, if you want to tweak the model few months later, you need to call the consultant again. If you had to hire them to build it, chances are, you don’t have the time and capability to understand the model under the hood and change it yourself.

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With Modeliks, changing the structure of the financial model is just as easy as creating it in first place. No consultants needed.

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Tracking actual results vs your plan

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Tracking actual results vs your plan becomes an extremely manual, time consuming and error prone process if your plan is in a spreadsheet. Your actual results of your business are usually in an accounting software and you have to bring them into the spreadsheet and then do the analysis of your performance.

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Your plan and your actual results can live in Modeliks. Understanding your actual performance vs your plan or vs previous periods becomes a one-click task. With over 100 automatically calculated charts and reports, you can spend your time on improving your business performance instead of manipulating spreadsheets and trying to understand how you did.

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Final thoughts

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Traditional word, slide and spreadsheet tools for business planning are still the go to solution for most companies. They are flexible and familiar tools to most of us. However, there are better, specialized business planning solutions like Modeliks. Give it a try. Start a Modeliks free trial today, and create a better quality business plan, 10 times faster.

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\"business
\n","slug":"business-planning-software-do-you-need-it","date":"2023-05-15T18:26:22","categories":{"nodes":[{"id":"dGVybToxMQ==","name":"Business Plans"}]},"mainCategory":{"mainCategory":["business-plans"],"videoHeader":null},"tags":{"nodes":[]},"featuredImage":{"node":{"id":"cG9zdDoxOTI1","sourceUrl":"/images/cms/business-planning-software-do-you-need-it.jpg","altText":"business planning software"}},"seo":{"metaDesc":"Planning software reduces time to create a professional business plan by 10 times versus traditional tools like spreadsheets ..."},"modified":"2024-09-05T11:21:41","related":[{"id":"cG9zdDoxMTU0MQ==","title":"How Accountants Can Offer High-Margin Advisory Services","content":"\n

Why Advisory Services Matter for Accounting Firms

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The accounting profession is shifting. Compliance and bookkeeping remain essential, but today’s clients expect more. They want guidance on how to run their business smarter, manage cash flow, and plan for the future.

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According to a CPA.com survey:

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This means the demand is already there. The opportunity for accounting firms is clear: move beyond bookkeeping into high-margin advisory services.

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The Challenge: Scaling Advisory Without Burning Out

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For most small and mid-sized firms, the hesitation is simple:
❌ Limited staff time
❌ No standardized tools for forecasting & reporting
❌ Concern about overcomplicating workflows

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The good news? Advisory can be delivered at scale, without adding headcount or creating inefficiencies — if you have the right system.

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The Solution: Modeliks for Advisory Services

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Modeliks helps accountants transform their existing relationships into advisory partnerships by automating the heavy lifting.

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Here’s how it works in practice:

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1️⃣ Connect QuickBooks in Minutes
Sync client actuals directly — no messy spreadsheets or manual imports.

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2️⃣ Build Budgets & Automated Financials
Instantly generate a forward-looking P&L, Balance Sheet, and Cash Flow statement, tailored to each client.

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3️⃣ Deliver Dashboards & Variance Analysis
Clients see Actual vs. Plan vs. Previous Periods. You provide insight into why numbers moved — without building reports from scratch each month.

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The Impact for Accounting Firms

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Firms using Modeliks see:
New revenue streams by offering planning & reporting as premium packages
Higher client retention thanks to consistent value beyond compliance
No extra headcount required, since processes are automated
Improved positioning as trusted advisors, not just bookkeepers

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As one accountant put it:

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\n

“Our clients can now make confident decisions. For us it’s a game-changer — we finally sell insight, not just compliance.”

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Why Now Is the Time

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Client expectations are rising. Competitors are moving into advisory. Technology makes it easier than ever to scale.

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If you’re an accountant or firm owner, now is the time to position your practice for the next decade. Advisory services are not just an add-on — they’re the future of accounting.

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Next Steps

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📽️ Watch the full video playbook here: https://www.youtube.com/watch?v=UlQEwnWOdKQ.
🌐 Explore how Modeliks can help you launch advisory services in under an hour -> HERE.

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📩 Or reach out to us directly to explore how Modeliks can be tailored for your firm.

\n\n\n\n

Enjoy Modeliks! We know we are!

\n\n\n\n

Author:
Modeliks Team

\n","slug":"high-margin-advisory-services-accountants","date":"2025-09-02T08:30:06","categories":{"nodes":[{"id":"dGVybToxMQ==","name":"Business Plans"},{"id":"dGVybToxNA==","name":"Financial Forecast"},{"id":"dGVybTozNQ==","name":"News"},{"id":"dGVybTozNA==","name":"Partners"},{"id":"dGVybToxMg==","name":"Pitch Decks"},{"id":"dGVybToxMw==","name":"Reports & Dashboards"}]},"mainCategory":{"mainCategory":["financial-forecast"],"videoHeader":"https://www.youtube.com/watch?v=UlQEwnWOdKQ"},"tags":{"nodes":[{"name":"accounting advisory services growth"},{"name":"budgeting and forecasting"},{"name":"business planning"},{"name":"consulting firm profitability strategies"},{"name":"Financial analysis"},{"name":"financial forecasting"},{"name":"financial modeling"},{"name":"financial planning"},{"name":"financial planning for professional services firms"},{"name":"financial reporting"}]},"featuredImage":{"node":{"id":"cG9zdDoxMTU0Mg==","sourceUrl":"/images/cms/Screenshot-2025-09-02-at-10.27.59.png","altText":"How to offer Advisory Services at High Margin?"}},"seo":{"metaDesc":"Learn how accounting firms can add high-margin advisory services without extra headcount. Discover how Modeliks helps accountants deliver financial planning, reporting, and dashboards that clients will pay more for."},"modified":"2025-09-02T08:30:10","related":null},{"id":"cG9zdDoxMTQ4Mw==","title":"How to Manage & Grow Your Professional Services Business: A Strategic Playbook","content":"\n

Running a professional services business is demanding. Whether you’re a founder, consultant, accountant, or finance leader, the challenges are similar:

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The truth? Many services firms outgrow spreadsheets faster than they realize. A project-based business requires a planning and reporting framework that adapts as you grow – not one that breaks every time a new client, project, or team member comes onboard.

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That’s where having a structured financial planning and reporting system becomes a game-changer.

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Who is This Playbook For?

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This strategic framework is designed for:

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If you run a project-based business, use timesheets, or manage multiple clients, this playbook is for you.

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How to Grow Profitability in Professional Services

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Professional services firms often face profitability challenges because margins are tied to capacity, efficiency, and client mix. Here’s where the right planning approach makes a difference:

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1. Plan by Project (Not Just Company-Level)

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Each project has its own revenue, costs, and resources. Without project-level visibility, it’s impossible to know which work is actually profitable.

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2. Track Actuals vs. Plan

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It’s not enough to create a yearly budget. Monthly actuals vs. plan reporting helps you quickly see where projects are off track and adjust before problems snowball.

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3. Build Scenarios

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What happens if a big client leaves? Or if you add two more consultants next quarter? Scenario planning gives you the confidence to make tough decisions with numbers to back them up.

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4. Monitor Utilization & Capacity

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Employee utilization is the heartbeat of a services firm. By linking financial forecasts to billable hours, staffing, and client demand, you can identify bottlenecks and prevent costly underutilization.

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How Modeliks Helps

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At Modeliks, we’ve built a platform that turns these best practices into a structured, repeatable process.

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With Modeliks, you can:

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Why This Matters Now

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Most firms wait until they have 100+ employees to rethink planning. But the truth is, dimensional planning and reporting matters at 20 employees, as much as at 200.

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The earlier you set up a scalable framework, the faster you can:

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Key Takeaway

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Growing a professional services business isn’t just about winning more clients — it’s about building a system that lets you manage projects, measure performance, and grow profitably.

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That’s what this playbook is about — and why we built Modeliks.

\n\n\n\n

👉 If you want to see how Modeliks can help you manage and grow your services firm, watch the full video walkthrough here.

\n\n\n\n

📩 Or reach out to us directly to explore how Modeliks can be tailored for your firm.

\n\n\n\n

Enjoy Modeliks! We know we are!

\n\n\n\n

Author:
Modeliks Team

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Today we released a massive new update of Modeliks.  A multidimensional Modeliks 2.0. I am both happy and sad to see Modeliks grow up. I liked baby Modeliks. He was cute and a little clumsy. Now, we created a beast.  

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We listened to your feedback and made Modeliks by far the best financial planning and reporting tool for SMEs. Alright, I might be a bit subjective, but here is what’s new:

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    \n
  1. Multi dimensional planning and reporting. This means that you can plan and track performance by organizational unit, whether that is business units, departments, geography, stores, projects. However your company is structured, you can have clear targets and track performance across your whole organization.
  2. \n\n\n\n
  3. Consolidation: if you plan on a business unit level, Modeliks will consolidate your financial plans upwords.
  4. \n\n\n\n
  5. Allocations: allocate costs from the head office down to the operating units. Why? Some costs are incurred in the head office, or regional offices, but should be allocated down to the operating units, in order to get a correct picture of profitability across the organization.
  6. \n\n\n\n
  7. Quickbooks integration. Connect Modeliks to your Quickbooks and have your planning and monthly reporting automated, error free and done in minutes.
  8. \n\n\n\n
  9. Account grouping. Group several accounts into one group account. For example, you can create a Utilities group account and make your Energy, heating, phone, internet, water accounts part of the utilities group. Why? Because when you plan, you don’t want to plan on every single small account that you have in your accounting system. It is too tedious and messy. So, group them logically, plan on groups, and make planning and reporting easy and useful.
  10. \n\n\n\n
  11. Initiative planning and evaluation. You have a new initiative in mind for your business? Create a business case and see how it will impact your business. If the numbers say it’s good, keep it. If not, drop it.  
  12. \n\n\n\n
  13. Monthly forecasting. Now you can forecast up to 3 years on monthly basis.
  14. \n\n\n\n
  15. Lastly. Speed. Modeliks is now 10 times faster than before.   
  16. \n
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And there is a lot more to come in the next few months. Stay tuned for new features, and in the mean-time, plan, manage and grow your business with Modeliks 2.0.

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Let’s recap. Now you can:

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    \n
  1. Build driver based financial models for any business
  2. \n\n\n\n
  3. Do it by department, business unit, geography, stores, projects
  4. \n\n\n\n
  5. Run scenarios and evaluate new initiatives
  6. \n\n\n\n
  7. Track actual performance vs budget, on every level in your organization. Especially easy with the Quickbooks integration
  8. \n\n\n\n
  9. Automate monthly investor and management reporting
  10. \n\n\n\n
  11. And write professional and detailed business plans with the help of our AI assistant.
  12. \n
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Enjoy Modeliks 2.0! We know we are!

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Author:
Modeliks Team

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