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Media from North America and Europe covered the Modeliks story during October 2023. Modeliks has emerged from a 16-month stealth development phase and has released its web tool Modeliks. The tool gives SMEs and startups access to a world-class no-code business and financial planning solution, to help customers in their planning and fundraising journeys.

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“The design philosophy for Modeliks was: Keep it as simple as possible, but not simpler. Our clients want to create a professional and fundable business plan. Not just a plan.”, says Modeliks’ CEO and Founder, Blagoja Hamamdjiev.

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100+ media from the USA and Canada have covered the story after the market launch of Modeliks. Selected coverage by the Digital Journal here: Modeliks Disrupts Business Planning for SMEs and Startups with revolutionary software.

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“Modeliks has secured a million-EUR funding from an array of sources, including investment professionals, Big-4 valuations and transaction partners and directors, successful former entrepreneurs, friends, and family. This funding enables Modeliks to expand its global presence by directly accessing business networks in the US, Europe, the Middle East, and Australasia, reaching out to customers in dire need of business plan software. Additionally, they will utilize the funding to further develop the SaaS solution.” 

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The Austrian-based online media Brutkasten: Startup news, innovation and digital economy wrote about Modeliks from the Founder’s perspective. Read the full article here

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\"media-brutkasten-modeliks\"
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“And this is only the beginning,” says Nik Huy, Munich-based Chief of Product. “Modeliks is the planning tool that I used to dream of, simple enough for every entrepreneur and startup founder to use.”

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Modeliks is a business planning software for startups & SMEs. Helps create investor-ready pitch decks, bankable business plans, accurate financial plans & investor reports. You can create your plan alone or in collaboration with your team, and easily share it with investors and external stakeholders.

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Not sure which plan is right for you? Try it for free. Credit card not required for the 15-day free trial.

\n","slug":"modeliks-in-media","date":"2023-11-08T11:36:29","categories":{"nodes":[{"id":"dGVybTozNQ==","name":"News"}]},"mainCategory":{"mainCategory":["news"],"videoHeader":null},"tags":{"nodes":[]},"featuredImage":{"node":{"id":"cG9zdDoxOTI2","sourceUrl":"/images/cms/media-coverage-the-modeliks-story.jpg","altText":""}},"seo":{"metaDesc":"Media coverage after emerging from stealth mode. \"Modeliks Disrupts Business Planning for SMEs & Startups with revolutionary software\" ......"},"modified":"2024-03-20T12:23:31","related":[{"id":"cG9zdDoyMTY3","title":"Join Modeliks at Accountex London 2024","content":"\n

We are excited to announce that Modeliks’ leadership team, including our CEO, CPO, and COO, will be present at this year’s Accountex in London, UK from May 15th to 16th. Join us in embracing the future of accounting with innovative solutions that are not just enhancing but revolutionizing the industry.

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Modeliks introduces a powerful software platform that enables accountants to at least double their profits by offering value-added advisory services such as fractional CFO roles, financial planning, budgeting, and management reporting. Our advanced features streamline these services, reducing the time spent on management reporting by up to 90%, thereby allowing accountants to focus more on strategic advisory and less on time-consuming tasks.

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This year at booth 1404E, discover how integrating Modeliks into your practice can transform your service offerings and dramatically increase your revenue potential. Our demonstrations will provide insights into maximizing profitability through new, high-value advisory services that go beyond traditional accounting.

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Plan Your Visit

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Make the most of your experience at Accountex London 2024 by scheduling a personal meeting with our team. This is a perfect opportunity for a customized demonstration of how Modeliks can enhance your business and help you tap into new revenue streams effectively.

You’re invited to join us for a session titled “Financial Planning and Reporting Software” led by our Founder & CEO, Blagoja Hamamdjiev. It’s happening on Wednesday, May 15th, from 12:45 to 12:55 pm, at FinTech & Innovation Showcase Theatre (located between Seminar Theatres 6 and 7).

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Don’t let this chance slip by to revolutionize your accounting services and significantly increase your profit margins. Reach out to us today to arrange your appointment during the expo. We look forward to demonstrating the transformative capabilities of our software.

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Contact Us

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Are you ready to double your profit margins and reduce your workload? Contact us at contact@modeliks.com or visit our website to book your meeting slot. Let’s make your visit to Accountex London 2024 a pivotal moment for your business growth!

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We can’t wait to meet you and explore the profitable possibilities with Modeliks!

\n","slug":"join-modeliks-at-accountex-london-2024","date":"2024-04-22T11:45:26","categories":{"nodes":[{"id":"dGVybToxMQ==","name":"Business Plans"},{"id":"dGVybToxNA==","name":"Financial Forecast"},{"id":"dGVybTozNQ==","name":"News"}]},"mainCategory":{"mainCategory":["news"],"videoHeader":null},"tags":{"nodes":[]},"featuredImage":{"node":{"id":"cG9zdDoyMTcz","sourceUrl":"/images/cms/Join-Modeliks-at-Accountex-London-2024.jpg","altText":"Join Modeliks at Accountex London 2024 from May 15th to 16th"}},"seo":{"metaDesc":"Modeliks’ leadership team will be present at Accountex 2024 in London, UK. Join us in embracing the future of accounting. Learn more!"},"modified":"2024-04-23T11:08:41","related":null},{"id":"cG9zdDoxOTAy","title":"Celebrational Discount for Startup of the Month Award","content":"\n

Modeliks has been awarded the Startup of the Month! To commemorate the Award, we offer a Celebrational discount for all subscription plans.

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This accolade is a testament to our unwavering commitment to excellence and innovation in the dynamic world of financial & business planning. For us, it recognizes the dedication to providing customers with financial tools and services that empower them to make informed financial decisions.

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As our way of expressing gratitude for your pivotal role in our journey and for making this recognition possible, during February 2024 we provide a celebrational discount with an amazing 50% OFF on ALL Subscription Plans!

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Whether you’ve been eyeing that must-have subscription or looking to explore our innovative range of plans, now is the perfect time to treat yourself or discover something new.

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The discount can be availed by subscribing to any plan through our website and entering the discount code: STARTUP2024 at checkout.

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Modeliks’s commitment to excellence and customer satisfaction remains unwavering as we continue to grow and evolve. We look forward to welcoming new subscribers to our platform and to furthering our mission of delivering exceptional business and financial planning solutions to SMEs and startups.

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Celebrate Success with 50% OFF on All Subscription Plans!

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This exclusive offer is valid during the month February only. Don’t miss out on the chance to be a part of our triumphant journey!

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Subscribe Now

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Use discount code: STARTUP2024

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Modeliks, Business Planning Software For Startups And SMEs.
Modeliks is a business planning software that helps startups & SMEs create pitch decks, business or financial plans & investor reports. Create your plan alone or in collaboration with your team and share it with investors and external stakeholders. Guided business planning software, where no prior experience is required.

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#modeliks #startupofthemonth #startup #startupmacedonia #financialplanning #entrepreneurship

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Why Restaurant Profit Margins Are So Tight?

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Running a restaurant is one of the most rewarding and most challenging businesses out there. Dining rooms fill up every weekend, but behind the scenes, operators fight to control costs, forecast demand, and protect razor-thin margins.

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According to industry benchmarks, average restaurant net profit margins range from just 3% to 6% for full-service establishments, while quick-service restaurants may perform slightly better. Small improvements in efficiency or revenue drivers can be the difference between struggling and thriving.

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That’s why driver-based financial planning is becoming essential for restaurant owners, accountants, and consultants. Instead of relying on static spreadsheets or simple revenue projections, it ties operational drivers directly to financial outcomes — giving decision-makers more clarity and control.

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What Is Driver-Based Planning?

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Driver-based planning connects the key operational levers of your restaurant (the “drivers”) with your financial statements and forecasts.

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Instead of saying “we’ll grow revenue by 10%”, you ask:

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By building financial models around these real-world inputs, you create forecasts that are more accurate, more dynamic, and easier to explain.

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Key Drivers Every Restaurant Should Track

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1. Table-Turns

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Table-turns measure how many times a table is occupied during a meal service.

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👉 Increasing table-turns by even 0.2 per service can significantly lift revenue without adding more seats.

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2. Average Check Size

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Your average check is simply:
Total revenue ÷ Number of covers served

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Upselling, smart menu engineering, and bundles can lift check size by 10–15% – directly boosting top-line revenue.

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3. Food Cost % and Waste Control

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Food costs typically range between 25%–35% of revenue depending on concept. Tracking recipe yields, supplier prices, and waste levels helps protect gross margins. Even a 1–2% reduction in waste can translate into meaningful profit improvements.

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4. Labor Costs and Utilization

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Labor is often the single largest controllable cost in restaurants – commonly 25%-35% of revenue. By modeling staffing against expected covers and dayparts, owners can avoid overstaffing during quiet hours and understaffing during peak times.

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Why Driver-Based Planning Matters

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When restaurants model table-turns, average check size, food cost %, and labor as part of their financial forecasts, they get:

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Example:
A small 80-seat restaurant increases average check size by 5% (from $25 to $26.25) and improves table-turns from 3.0 to 3.2 per service. Combined, that’s nearly a 10% uplift in revenue without expanding staff or space.

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How Modeliks Helps Restaurants

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Traditionally, building driver-based models requires complex spreadsheets and formulas. With Modeliks, restaurant owners and their advisors can:

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Modeliks removes spreadsheet chaos and helps restaurants move from guessing to planning.

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Conclusion

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Restaurants don’t live and die by revenue – they succeed or fail based on their drivers. By planning around table-turns, check size, food cost, and labor utilization, operators can make confident decisions and unlock profitability.

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With the right tools, each restaurant owner can turn complex financial planning into an actionable framework.

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👉 Want to see how driver-based planning works in practice?
Start your 15-day free trial, choose a plan, or contact us on: contact@modeliks.com for a demo session.

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Enjoy Modeliks! We know we are!

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Author:
Modeliks Team

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