There are 8 steps that would be followed to prepare the financial model for your business. These are know your business, get a sound understanding of industry standards, know the historical data and audited numbers, see the assumptions and expectations, make the supporting schedules, having a statement of profit and loss, making cash flow statement, cash flows, and doing DCF analysis and iving a final touch-up. To know more about these steps in detail, just read the blog at https://bit.ly/3yKiFET.