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It is not uncommon to find errors in your financial models, although building them simple and consistent can save you time and frustrations.
Every calculation in Excel will slow down the speed of the model, whether it is being used or not.
The best financial model is a flexible one, capable of adapting to changing business circumstances. Within reason, a model should be built around foreseeable needs, to reduce any structural changes that need to be made.
The most transparent financial models are the ones that come fully equipped to answer crucial questions. A reliable framework will let you run sensitivities on your key model drivers, and this vital when reducing stress in real world business analysis.