Tag Archives: Best Practices

Spotting Errors

In a workbook, I like to be consistent in the use of columns across all worksheets. If the first month of my model is in column L in one worksheet, then it will be the same in all sheets. I have found that this method is really useful in reading formulas because you can promptly see [...]
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Seven tips to develop a structured model

Create A Modular Design For Your Model Don’t put everything on a single worksheet. Separate your model’s components on multiple worksheets, i.e. Revenues, COGS, Other Costs, Financing, Amortization etc… Keep Your Sheet Names As Short As Possible It will help keep formulas legible and you’ll see more sheet tabs at once which will help browse within the workbook. [...]
Posted in Model Techniques, Tips | Also tagged , , | 1 Comment

Best Practice Fundementals – Inputs

One of the most common mistake in model development is the lack of clear distinction between inputs and calculations. Even worse are inputs hidden within formulas. Let’s look at the following simple example which computes the present value of two distinct scenarios. Without looking at each cell, one can only guess what are the inputs. It could [...]
Posted in Best Practices | Also tagged | 1 Comment
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