FREQUENTLY ASKED QUESTIONS
Why the name Pacioli forecasting?
Our company name comes from an Italian mathematician born in 1447 Luca Pacioli was fundamental to accounting as we know it today due to his contributions in creating double-entry bookkeeping.
Why pick our forecasting tool?
Unlike other forecasting tools, our forecaster aims to teach the entrepreneur the fundamentals that go behind the numbers provided by the tools. The entrepreneur will be truly able to understand their own business finances and this is one of the most powerful tools that an entrepreneur can have.
When pitching for investment, investors will grill you on your numbers and if you aren’t able to match their analytical joust, you will be marked down when it comes to their evaluation of your company.
They will especially want to know how you arrived at your company’s valuation and the Pacioli gives you one way to calculate and demonstrate it to the investors.
What is the company backstory?
Pacioli Biz Forecast Ltd. was founded by Sandy Neish and John Hughes from observing a strong demand that young entrepreneurs had for a financial forecaster that was simple to use while developing an understanding of their own business finances. You can read more about our story and company backstory here.
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What approach does our tool use?
We promote a ‘Top-Down Approach’ to financial forecasting which means the entrepreneur will begin engaging with their customers from the moment they have their idea. This can be done with judicious protection of Intellectual Property while still allowing meaningful ‘advocacy’ conversations with prospective customers who can contribute to your product development and give you valuable information on price, design, volumes and need. Our forecaster is designed around this approach.
This ‘Top-Down Approach’ to building your business ensures you will gather realistic data to create your forecast. It will also help you to understand and communicate your forecasts to financiers.
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How do I amend/cancel my subscription
To amend/cancel your subscription please click on the Manage in the menu of the website and then enter the email address you use with your subscription.
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Still have a question?
Feel free to send us a message. We’d be more than willing to help.