Financial Modeling & Forecasting
A spreadsheet that does not tie out is worse than no model at all — it lends false confidence to a decision. RN Canada builds financial models and forecasts that owner-managers across Alberta and British Columbia can actually rely on: integrated, transparent and grounded in your real economics. Whether you are budgeting for the year, raising financing or weighing an investment, the model turns assumptions into numbers you can defend and decisions you can stand behind.
What's included
- Three-statement models. Income statement, balance sheet and cash flow linked into one connected engine, so every assumption flows through correctly and the numbers cannot quietly contradict each other.
- Scenario analysis. Base, downside and upside cases built from your assumptions, so you can see how the business performs across a range of plausible futures rather than betting on a single forecast.
- Sensitivity analysis. Isolating which assumptions actually move the outcome, so attention and contingency planning go to the levers that matter most.
- Cash-flow forecasts. Projecting cash, not just profit — runway, timing and working-capital needs — so growth or a downturn does not catch the business short.
- Decision models. Purpose-built models for the question at hand: a financing decision, a capital investment, a pricing change or a hiring plan.
How we work
We build from your numbers and your assumptions, not a borrowed template, and we keep the model transparent — assumptions in one place, clearly labelled, so anyone reviewing it can see what drives the output and challenge it. The structure is deliberately auditable: a lender, an investor or a board member should be able to trace any figure back to the assumption behind it. Once it is built, the same model becomes a living tool you can revisit as conditions change rather than a one-time exercise.
Because the work is grounded in finance and tax, forecasts reflect the tax and cash consequences of the decisions they model rather than treating tax as an afterthought. We do not pad forecasts with optimistic defaults or industry averages that do not fit your business — the value is in a model that is honest about your economics.
Who it's for
This service fits Alberta and BC owner-managers preparing budgets and annual plans; founders raising debt or equity who need a credible forecast for lenders or investors; businesses weighing a significant investment, acquisition or expansion; and any owner who wants to pressure-test a decision before committing capital to it. It suits companies that have outgrown a back-of-envelope spreadsheet and need a model that holds up to scrutiny.
How RN Canada helps
We build the model or forecast to fit your decision, keep it transparent and auditable, and stay close enough to refresh it as things change — so it supports the decision today and the next one too. Where the forecast feeds a financing or strategic decision, it connects naturally to our business advisory work. Our founder, Ozgur Duymaz, holds a Ph.D. in accounting and finance and is a CPA (Canada), ACCA (UK) and CMA (US). To put a model you can trust behind your decisions, talk to us or browse the full services overview.
This page is general information, not personalized advice. Speak to us about your specific situation.
Frequently asked questions
It is a model that links the income statement, balance sheet and cash-flow statement into one connected engine, so a change in an assumption — sales, margins, hiring, capital spending — flows through all three correctly. That integration is what makes the model trustworthy for decisions, because the numbers cannot silently contradict each other.
Because the future is a range, not a single number. Scenario analysis shows how the business performs under different plausible futures — a base case, a downside, an upside — while sensitivity analysis isolates which assumptions actually move the outcome. Together they tell you where the risk really sits and which levers matter most.
Often, yes. Lenders and investors generally want to see a credible forecast — usually a cash-flow projection and a supporting model — before committing. A clear, well-built model also strengthens your position by showing you understand your own numbers and the assumptions behind them.