Beyond a budget model, what other excel models should I put together for my family’s business? Any recommendations?

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Cash flow.

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I’ll add that to the to-do list. Possibly integrate it to the invoice tracker.
The trick is to make this usable for someone who doesn’t use any IT.

I would say a tax model. Incorporate federal, local, state tax rates and anticipate tax implications. Also build in any deductions/credits that would be used. This can help you budget for annual taxes.

Not sure if this is a retail business, but potentially something incorporating supply chain, and lifo/fifo inventory/weighted average inventory flows.

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Thank you. Yes it’s a retail plus construction/installation business.

I kinda wanna do a liquidation study, does anyone have reliable material or modeling guidelines on valuation of a family business with key individuals?

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