FREQUENTLY ASKED QUESTIONS

Our primary offering is financial model which encapsulates budget tracking, valuation, enhanced accounting & reporting, financial planning. We also provide pitch decks and transaction advisory. We recently started a smart CFO service on retainer which not only includes all of the above but also involves operational support, executive dashboards and reports, strategy making, business health checks, cash flow & working cap management. All our services are tailor made to each startup's requirement.

Planning for growth is a continuous process. Due to nature of the exercise, financial model has been a banker's niche offering to large companies. We at Flyboat want to introduce this enhanced offering to startups where planning, budgeting and cash flow calculations become easier than ever. We make flexible financial models that gives entrepreneurs enough toggles to navigate through possible outcomes. The process is thought driven and output is tracked with actual data. All our financial models are GAAP compliant and can also be used for a round of institutional funding.

Flyboat's management team has past experience working with some of the most reputed Investment Banks in Wall Street. We leverage our global exposure, sector agnostic approach and highest financial analysis standards to give you the best output possible. All this comes at price 70%* lower than what Investment Banks today are charging.

A pitch deck is a visually aesthetic way of better presenting your business plan and financial plan. While business plan is a qualitative articulation of your expansion plans, this should be backed by a robust financial plan. A majority of this is explained in a financial model and makes it a prerequisite for any round of funding.

No. We do not take mandates for funding. Even though we very much believe in your idea and line of work, our passion lies in guiding and mentoring.

We usually finish both model and a pitch deck in 4-8 weeks. In case of an urgent requirement, we take a small premium over our usual fee and finish the exercise in under 2 weeks. The execution time for a financial model is around 40 hours subject to complexity of the business model. We expect entrepreneurs to spend at least 10 hours brainstorming with us on the expansion plans.

We typically take about 3 weeks to reach pre-closure deliverables. This is subject to client collaboration After pre-closure, it takes 7-10 days to close the project with final iterations.

We offer numerous guiding resources and suggestions on how to handle the fundraise campaign, at the time of closure.

Our core team consists of well-trained and young analysts to help you build your perfect pitch! The team is trained with effective research and analysis, presentation, and documenting skills who work collaboratively to ensure productivity across operations.

While our Starter Kit is fairly good for the MVP or seed stage startups, for more mature startups typically in their pre-series and series round, we have our Expert Entrée where extensive background research and more focus on statistics is required. However, design and the overall output for both the options look very similar.

Flyboat does not offer any guarantee of raising funds after the project because there are several other factors playing in this aspect as well. However, before the project starts, we try revalidating your business plan and the amount you are asking for and suggest accordingly.

No, we do not connect you to any investors. However, if your startup is attractive enough, we do have some bankers partnered with us and we do make an introduction to such people. They primarily work on a success fee basis and have a 30-35% chance for raising funds for you.

We take the process from start to end but the initial anchor is going to be the idea and positioning you are coming with and the boundaries you have set for yourself. Then we are going to build backward, working on the right problem statement backed with relevant market research, your addressable and obtainable market, revenue projections, and estimating key data points.

Yes, our team is dedicated to conducting in-depth market research for your business before starting with the deck and model. We also capture a viable sizing for your addressable market.

No, we do not charge any equity or success fee. We work on a fixed fee basis; 50% upfront charge and the other 50% to be paid after pre-closure deliverable.

At Flyboat, mentorship is not a service model for us currently, it is in very rare and specific cases. We do have some guiding resources, however.

Flyboat proudly remains sector-agnostic to date. We have experience working across 12 to 15 sectors, including over 30 verticals among the 120+ success sectors we have completed so far. We approach each unique because we believe that even if we have worked for a startup in the same sector before, the positioning for each might still be different for each.

No, we do not sign a Non-Disclosure Agreement. This is primarily because we have similar information exposure as an investor out there. In rare cases, where the source code of a platform or complete organization documentation is shared with us.

We ask our clients for a 50% upfront payment and the remaining 50% on pre-closure deliverables. A pre-closure deliverable is essential 'an almost final' copy of your deck and model shared in PDF format and the master files for the same are released once the final payment is made.

We have managed this with 95% of our clients so far with a system of accommodative when it comes to feedback or criticism. The process is very collaborative in nature and we heavily rely on inputs from the client's end at different levels to ensure proper alignment.

Although this number is not a success measure for us, we have somewhere around 15%, which is 7-8 times higher than a normal startup out there.

You can always get in touch with us regarding major updates and hire us on an hourly basis. However, we try to provide you with enough guidance to make minor modifications. In case your business plan is changing significantly, we might have to start a new project with you.

Yes, we share the Powerpoint and detailed Excel files with you. It is usually the last step of our work process after the final payment is made.

We do not provide any explicit guidance, however, we have adequate guides and resources that can assist you through this process.

Yes, we are going to evaluate your startup and categorize its viability based on team capabilities, traction, experience, etcetera on our evaluation call. We suggest the kind of startups with low chances of funding, due to lack of technical knowledge, traction, or a viable MVP to take some time and work further on their business plan along with some educational programmes. The fund requirement is assessed in the Financial model itself. Both the amount of funding needed and where the funds are going to be used can be in such models.