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Product Description
Create the most complete and accurate financial
projections using the techniques that experts use!
Fast-Cast saves you time, effort and money by
preparing full financial plans in a fraction of the time
it used to take. Prepare pro-forma sales and expense
projections, P&L's, balance sheets, cash flows, debt and
asset schedules, and more. Completely button and menu
driven, Fast-Cast asks only for the numbers it needs to
calculate the financials. You won't waste time entering
or analyzing unnecessary information. And Fast-Cast
creates dazzling, professional quality reports that you
can present to your boss, accountant, or banker. Don't
be content with lesser substitutes, or even our own
"mini" version of Fast-Cast that the leading software
vendors now incorporate into their spreadsheet products.
The Fast-Cast described here is the full-blown version,
incorporating over 60 detailed schedules! For serious
financial planning, this product is a must-have.
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Fast-Cast supports monthly, quarterly, and yearly
projections.
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Prepare comprehensive five-year projections and
instantly see your pro-forma P&L statement, balance
sheet, cash flow, stockholders' equity, sales,
operating expenses, short and long term debt, fixed
and intangible assets, income taxes, and 11 key
ratios.
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The entire program is completely interactive. You
can make as many changes as you like, as often as
you like. Changes automatically ripple through all
the financial statements for all affected future
periods. You won't have to waste your time doing any
extra calculations yourself.
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See the balance sheet, P&L, sales and cost of sales,
and expenses as a percentage of sales.
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Analyze your cash flow as a percentage of cash from
operations. View graphs of debt to equity, income
statement, non-annualized return, and the working
capital ratio.
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The Clear Data button makes creating another version
simple. Just clear data, enter new data, and save.
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Make financial projections whether you're a C Corp
or an S Corp! This program accounts for income taxes
automatically.
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Fast-Cast was created by an executive-level CPA with
dozens of years of experience, and improved by a
team of Harvard MBAs.
Product Description as reviewed by PC World in the
article* "Top-21 Add-ons"
FastCast For Ventures
easily does what all successful businesses do; it
prepares financial forecasts for twelve monthly periods,
four quarterly periods, or five annual periods with
supporting schedules and graphs to satisfy any inquiring
reader.
FastCast For Ventures is a financial forecasting program
for all businesses large and small no matter what
product or service they provide. It is equally useful
for existing companies that need to forecast their
future financial needs and start-up companies seeking
capital from banks or venture capital organizations.
FastCast calculates cash and other financial needs five
years into the future based on any assumptions about the
future you make. If you change one assumption changes
are automatically made in all future forecasted balance
sheets, statements of income and retained earnings, and
statements of cash flow. Changes are also immediately
reflected in supporting schedules and graphs of
significant financial ratios.
Many companies project future financial needs by using
esoteric economic models. These models are widely
available but they often ignore the interplay between
financial components. They produce pretty charts and
graphs but do not display real time forecasts in the
format financial people are accustomed to seeing.
FastCast is gimmick free. Financial forecasts are
presented in generally accepted financial statement
formats. Readable, coherent, financial forecasts into
the future are essential to the survival of any
business.
FastCast For Ventures was developed by a certified
public accountant and certified financial planner with
more than thirty years of practical experience. Millions
of dollars have been raised based on forecasts utilizing
the principles incorporated into the program. FastCast
combines the power and convenience of the personal
computer with accepted forecasting techniques. The
result is a fast and accurate way to peer into your
business financial future. You will know when and how
much money you will need to meet your growth objectives
and when and how you will be able to repay the debt or
provide a satisfactory return to investors.
Use FastCast For Ventures with your Lotus 123, Quattro
Pro, or Excel spreadsheet to make easy projections. Open
one of the three modules to prepare forecasts for twelve
monthly periods, four quarterly periods, or five annual
periods. Begin using FastCast by entering the beginning
balance sheet into a module. If the beginning balance
sheet is "in balance" all subsequent balance sheets will
be "in balance". FastCast avoids the embarrassment of
financial statements that do not "tie in", one with the
other.
FastCast is based on "turnovers", an expression familiar
to most financial forecasters. Before entering hard data
the program asks you enter turnover periods (in days)
for accounts receivable, inventory, accounts payable,
accrued payroll, and accrued expenses. For instance if
you turn over your accounts receivable six times a year
you will enter 60 in the "Days sales in receivables"
category. FastCast provides flexibility for seasonal
businesses. For instance a business with high sales in
the summer months may have a greater number of days
sales on the books at the end of July, August, and
September than it does in January. FastCast allows you
to project financial needs on a monthly basis as your
business grows or sales vary for other reasons.
After entering the beginning balance sheet and
assumptions regarding the future you then proceed to
enter income and expenses you expect to incur on a
monthly, quarterly, or annual basis depending on the
module you elect to use. You can also enter assumptions
about acquisition and disposition of fixed assets, and
distributions to investors.
FastCast will also calculate federal and state income
taxes if you so elect. The end product is a potpourri of
financial data that can be used to guide your business.
The following is a list of financial data automatically
produced by FastCast:
Balance Sheets: FastCast prepares balance sheets that
reflect your financial condition at the end of each
forecasted period.
Statements of Income and Retained Earnings: FastCast
prepares statements of income and retained earnings that
reflect your financial progress for each forecasted
period.
Stockholders' Equity: FastCast prepares statements of
stockholders' equity that reflect the changes in equity
from the end of each forecasted period to the end of
each succeeding forecasted period.
Statements of Cash Flow: FastCast prepares statements of
cash flow reconciling the changes in the cash balance at
the end of each forecasted period to the end of each
succeeding forecasted period.
FastCast prepares supporting schedules to support key
components of the forecasted balance sheets and
statements of income and retained earnings:
FastCast has a unique tax
computation feature. You can elect to have the template
compute income taxes applicable to each forecasted
period or you can elect not to have taxes computed. With
this feature you can select the best form of business
entity to suit your business needs. You can see what
future financial statements will look like as a "C"
corporation, or an "S" corporation or partnership at the
touch of a button.
Key Ratio Calculations: With no additional effort
FastCast computes the following key ratios:
FastCast also prepares the
following bonus presentations:
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Forecasted Balance
Sheets (As % of Total Assets)
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Forecasted Statement
of Income (As % of Sales)
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Forecaasted Statements
of Cash Flow (As % of Cash provided from Operations)
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Sales and Cost of
Sales (As % of Sales)
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Expenses (As a % of
Sales)
FastCast automatically
prepares the following graphs. You can choose the ones
you want to include in your presentation:
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Debt to Equity
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Income Statements
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Returns on Sales,
Assets, and Equity
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Working Capital to
Assets
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Current Ratio
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Quick Ratio
FastCast For Ventures is
an excellent investment for any business large or small,
new or old. FastCast builds forecasted financial
statements in an organized and concise manner. There is
no better program to prepare financial forecasts for
internal use or external presentation. The beauty of the
program is the ease of making changes. Arithmetic
calculations are eliminated forever. Create as many
scenarios as you like by merely changing one or more
variable assumptions. Run FastCast over and over until
you arrive at a forecast you consider achievable.
FastCast is a program that will pay dividends for years
to come.
*All PC World quotes are
reprinted with permission from the "Top-21 Add-Ons"
article from PC World magazine.
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