3:I[5613,[],""]
5:I[1778,[],""]
4:["slug","exhibit-display-design-financial-model-example","d"]
0:["B1ezAHU6N5k79QgSZtZFB",[[["",{"children":["industries",{"children":["professional-services",{"children":[["slug","exhibit-display-design-financial-model-example","d"],{"children":["__PAGE__?{\"slug\":\"exhibit-display-design-financial-model-example\"}",{}]}]}]}]},"$undefined","$undefined",true],["",{"children":["industries",{"children":["professional-services",{"children":[["slug","exhibit-display-design-financial-model-example","d"],{"children":["__PAGE__",{},["$L1","$L2",null]]},["$","$L3",null,{"parallelRouterKey":"children","segmentPath":["children","industries","children","professional-services","children","$4","children"],"loading":"$undefined","loadingStyles":"$undefined","loadingScripts":"$undefined","hasLoading":false,"error":"$undefined","errorStyles":"$undefined","errorScripts":"$undefined","template":["$","$L5",null,{}],"templateStyles":"$undefined","templateScripts":"$undefined","notFound":"$undefined","notFoundStyles":"$undefined","styles":[["$","link","0",{"rel":"stylesheet","href":"/_next/static/css/dd3786e789bd89d0.css","precedence":"next","crossOrigin":""}]]}]]},["$","$L3",null,{"parallelRouterKey":"children","segmentPath":["children","industries","children","professional-services","children"],"loading":"$undefined","loadingStyles":"$undefined","loadingScripts":"$undefined","hasLoading":false,"error":"$undefined","errorStyles":"$undefined","errorScripts":"$undefined","template":["$","$L5",null,{}],"templateStyles":"$undefined","templateScripts":"$undefined","notFound":"$undefined","notFoundStyles":"$undefined","styles":null}]]},["$","$L3",null,{"parallelRouterKey":"children","segmentPath":["children","industries","children"],"loading":"$undefined","loadingStyles":"$undefined","loadingScripts":"$undefined","hasLoading":false,"error":"$undefined","errorStyles":"$undefined","errorScripts":"$undefined","template":["$","$L5",null,{}],"templateStyles":"$undefined","templateScripts":"$undefined","notFound":"$undefined","notFoundStyles":"$undefined","styles":null}]]},[null,["$","html",null,{"lang":"en","children":[["$","head",null,{"children":[["$","meta",null,{"name":"robots","content":"index, follow, max-image-preview:large, max-snippet:-1, max-video-preview:-1"}],["$","link",null,{"rel":"icon","href":"/images/website-icon.svg"}]]}],["$","body",null,{"itemScope":true,"itemType":"https://schema.org/SoftwareApplication","className":"b1","children":[["$","meta",null,{"itemProp":"applicationCategory","content":"Business Planning Service"}],["$","$L3",null,{"parallelRouterKey":"children","segmentPath":["children"],"loading":"$undefined","loadingStyles":"$undefined","loadingScripts":"$undefined","hasLoading":false,"error":"$undefined","errorStyles":"$undefined","errorScripts":"$undefined","template":["$","$L5",null,{}],"templateStyles":"$undefined","templateScripts":"$undefined","notFound":[["$","title",null,{"children":"404: This page could not be found."}],["$","div",null,{"style":{"fontFamily":"system-ui,\"Segoe UI\",Roboto,Helvetica,Arial,sans-serif,\"Apple Color Emoji\",\"Segoe UI Emoji\"","height":"100vh","textAlign":"center","display":"flex","flexDirection":"column","alignItems":"center","justifyContent":"center"},"children":["$","div",null,{"children":[["$","style",null,{"dangerouslySetInnerHTML":{"__html":"body{color:#000;background:#fff;margin:0}.next-error-h1{border-right:1px solid rgba(0,0,0,.3)}@media (prefers-color-scheme:dark){body{color:#fff;background:#000}.next-error-h1{border-right:1px solid rgba(255,255,255,.3)}}"}}],["$","h1",null,{"className":"next-error-h1","style":{"display":"inline-block","margin":"0 20px 0 0","padding":"0 23px 0 0","fontSize":24,"fontWeight":500,"verticalAlign":"top","lineHeight":"49px"},"children":"404"}],["$","div",null,{"style":{"display":"inline-block"},"children":["$","h2",null,{"style":{"fontSize":14,"fontWeight":400,"lineHeight":"49px","margin":0},"children":"This page could not be found."}]}]]}]}]],"notFoundStyles":[],"styles":null}]]}]]}],null]],[[["$","link","0",{"rel":"stylesheet","href":"/_next/static/css/5ad7baf19918e3f0.css","precedence":"next","crossOrigin":""}]],"$L6"]]]]
7:I[4699,["6081","static/chunks/6081-34deb2fa2ebb58a3.js?v1740148115530","3842","static/chunks/3842-90ad98b73050a768.js?v1740148115530","6142","static/chunks/6142-d09ed4195d118873.js?v1740148115530","2115","static/chunks/app/industries/professional-services/%5Bslug%5D/page-f6154741f7b232e1.js?v1740148115530"],""]
8:T2c93,{"id":"cG9zdDo5MTM4","title":"Exhibit and Display Design Financial Model Example","content":"<p>Our Exhibit and Display Design Financial Model Structure covers all the essential aspects you need to consider when starting or scaling a Exhibit and Display Design business. By following this structure, you can better understand your revenue streams, costs, and assets, helping you optimize profitability and strategically plan for growth.</p>\n<p>The financial model for an Exhibit and Display Design business serves as a crucial tool; it outlines typical revenues, direct costs, employees, expenses, and assets. Whether you&#8217;re starting or growing your business, understanding these elements can spark ideas for new and profitable revenue streams. This, however, requires careful analysis. The structure of the Exhibit and Display Design Financial Model is essential because it provides a framework that guides decision-making, although many overlook its significance.</p>\n<h2>The Exhibit and Display Design Financial Model Structure</h2>\n<h3>Revenues</h3>\n<p>The common revenue streams for an Exhibit and Display Design business may include:</p>\n<ul>\n<li><strong>Custom Exhibit Design Services:</strong> Calculated on the complexity and size of designs and charged on a per project basis.</li>\n<li><strong>Exhibit Rentals:</strong> Generate revenue from leasing pre-made exhibit designs, calculated based on rental duration and size of the exhibit.</li>\n<li><strong>Graphic Design Services:</strong> Entail fees for the design and layout of exhibit graphics, often priced per square foot or by project.</li>\n<li><strong>Installation and Dismantling Services:</strong> Charged as a percentage of the project cost or based on hourly rates for labor involved in setup and takedown.</li>\n<li><strong>Event Management Services:</strong> Offer end-to-end event coordination, priced either as a flat fee or a percentage of the total event budget.</li>\n<li><strong>Sales of Materials and Accessories:</strong> Represent revenue from selling proprietary exhibit components, which are calculated based on a markup over cost.</li>\n<li><strong>Consulting Services:</strong> Charged hourly or as a project fee for strategy and planning advice related to exhibits.</li>\n</ul>\n<p>This diversity in revenue streams is essential because it allows businesses to adapt to varying client needs and market demands, although it can complicate financial management.</p>\n<h3>Cost of Goods Sold</h3>\n<p>The corresponding cost of goods sold (COGS) might include materials such as wood, metal, and graphics; labor costs for custom builds, installations, equipment rental, and travel expenses for on-site installations. However, this complexity makes it challenging to determine the exact figure. Although many factors are involved, some may not be easily quantifiable. But one must consider all aspects because every element contributes to the overall cost.</p>\n<h3>Employees</h3>\n<p>Typical employees in this business include:</p>\n<ul>\n<li><strong>Project Manager:</strong> Oversees entire project, including timelines and budget.</li>\n<li><strong>Designer:</strong> Responsible for creating visual and structural components of displays.</li>\n<li><strong>Technician/Builder:</strong> Constructs and assembles exhibits on and off-site.</li>\n<li><strong>Sales Representative:</strong> Cultivates new business opportunities and maintains client relationships.</li>\n<li><strong>Marketing Specialist:</strong> Develops strategies to promote services and engage potential clients.</li>\n</ul>\n<p>Although each role has distinct responsibilities, this collaboration is essential for success. Because of this, the project thrives in an environment where each professional contributes their expertise, ensuring a seamless execution of objectives.</p>\n<h3>Operating Expenses</h3>\n<p>Key operating expenses include:</p>\n<ul>\n<li><strong>Office Rent:</strong> The monthly lease payment for office space.</li>\n<li><strong>Utilities:</strong> Includes water, electricity, and internet services necessary for operation.</li>\n<li><strong>Insurance:</strong> Provides coverage for liability and equipment, crucial for business protection.</li>\n<li><strong>Marketing Costs:</strong> Encompass expenses related to advertising and promotion of services.</li>\n<li><strong>Travel Expenses:</strong> Costs incurred for traveling to client sites and exhibitions.</li>\n<li><strong>Software Licenses:</strong> Fees for design and planning software required for operations.</li>\n<li><strong>Depreciation:</strong> Allocated expense of wear and tear on business assets.</li>\n<li><strong>Office Supplies:</strong> Materials needed for daily office tasks.</li>\n<li><strong>Employee Salaries:</strong> Regular payouts for employee work and services.</li>\n<li><strong>Maintenance and Repairs:</strong> Costs associated with repairing and maintaining equipment and vehicles.</li>\n</ul>\n<h3>Assets</h3>\n<p>Typical assets include:</p>\n<ul>\n<li><strong>Design Software:</strong> Essential for creating exhibit plans and renderings.</li>\n<li><strong>Workshop Equipment:</strong> Includes tools and machinery for constructing displays.</li>\n<li><strong>Vehicles:</strong> Used to transport displays and materials to event sites.</li>\n<li><strong>Leasehold Improvements:</strong> Enhancements made to rented space to better serve business operations.</li>\n</ul>\n<h3>Funding Options</h3>\n<p>Common funding options include:</p>\n<ul>\n<li><strong>Business Loans:</strong> Secured or unsecured loans provided by banks or financial institutions.</li>\n<li><strong>Angel Investors:</strong> Individual investors offer capital in exchange for ownership equity or return on investment.</li>\n<li><strong>Venture Capital:</strong> Investment funds sourced from venture capitalists focusing on growth potential.</li>\n<li><strong>Grants:</strong> Funding from government or private entities that do not require repayment.</li>\n<li><strong>Self-funding/Bootstrapping:</strong> Involves utilizing personal savings or resources to finance the business.</li>\n</ul>\n<h2>Driver-Based Financial Model for Exhibit and Display Design</h2>\n<p>A truly professional financial model for an Exhibit and Display Design business is predicated on the <a href=\"https://www.expocart.com/blog/advice/how-to-set-smart-objectives-kpis-for-exhibitions/\">operating KPIs</a> (aka “drivers”) relevant to the industry. Examples of operating KPIs include:</p>\n<ul>\n<li><strong>Client Acquisition Rate:</strong> Number of new clients acquired each quarter, indicating market penetration and growth.</li>\n<li><strong>Average Project Size:</strong> Typical budget or revenue per project, showing overall business scale.</li>\n<li><strong>Utilization Rate:</strong> Percentage of time employees spend on billable work, reflecting operational efficiency.</li>\n<li><strong>Project Turnaround Time:</strong> Measures the average duration from project initiation to completion, indicating workflow efficiency.</li>\n<li><strong>Customer Satisfaction Score (CSS):</strong> feedback metrics on client contentment with results and process.</li>\n<li><strong>Repeat Business Ratio (RBR):</strong> percentage of clients returning for additional services, showcasing loyalty and satisfaction.</li>\n<li><strong>Gross Profit Margin (GPM):</strong> revenue left after deducting costs of goods sold, measuring financial health.</li>\n</ul>\n<p>Driver-based financial planning involves identifying the key activities (or &#8216;drivers&#8217;) that greatly impact your business results. However, it is vital to structure financial plans around these activities. This approach helps establish connections between financial outcomes and resource needs (like staff, budgets for marketing, equipment, etc.).</p>\n<p>If you want to know more about driver-based financial planning and why it is the right way to plan, see the founder of Modeliks explaining it in the video below.</p>\n<p><iframe loading=\"lazy\" title=\"Unleashing the Secrets: Dominating Driver-Based Financial Planning\" width=\"640\" height=\"360\" src=\"https://www.youtube.com/embed/TRMzfKz9OOw?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen></iframe></p>\n<h2>The Financial Plan Output</h2>\n<p>The objective of the financial forecast outputs should enable you, as well as your management, board, or investors to:</p>\n<ul>\n<li>Quickly grasp how your Exhibit and Display Design enterprise will fare in the future.</li>\n<li>Attain reassurance that the plan is well-considered, realistic, and achievable.</li>\n<li>Comprehend what investment is essential for executing this plan and what the return on the investment will be.</li>\n</ul>\n<p>To reach these objectives, here is a one-page template on how to effectively present your financial plan.</p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"/images/cms/WhatsApp-Image-2024-09-27-at-09.52.52.jpeg\" alt=\"Exhibit and Display Design financial plan\" width=\"800\" height=\"520\" /></p>\n<p>Beyond this one-page summary of your plan, you will require three projected financial statements: Profit and Loss, which illustrates revenue, expenses and profit over time; Balance Sheet, which depicts assets, liabilities, and shareholders&#8217; equity at a specific point in time; and Cash Flow Statement, which tracks the flow of cash in and out of your business.</p>\n<h2>Exhibit and Display Design Financial Model Summary</h2>\n<p>The Exhibit and Display Design financial model summary is crucial, as a professional financial model will assist you in contemplating your business, recognizing the resources necessary to meet your targets, setting goals, measuring performance, raising funding, and making informed decisions to manage and expand your business. However, it is important to remember that the clarity of your financial output is vital.</p>\n<p>If you need help with your financial plan, try <a href=\"https://modeliks.com\" target=\"_blank\" rel=\"noopener\">Modeliks</a>, a financial planning solution for SMEs and startups or contact us at <a href=\"mailto:contact@modeliks.com\">contact@modeliks.com</a> and we can help.</p>\n<p>Author:<br />\n<a href=\"https://www.linkedin.com/in/blagojahamamdziev/\">Blagoja Hamamdjiev</a>, Founder and CEO of <a href=\"https://www.modeliks.com/\" target=\"_blank\" rel=\"noopener\">Modeliks</a>, Entrepreneur, and business planning expert.</p>\n<p><em>In the last 20 years, he helped everything from startups to multi-billion-dollar conglomerates plan, manage, fundraise, and grow.</em></p>\n","slug":"exhibit-display-design-financial-model-example","date":"2025-02-11T12:49:36","featuredImage":{"node":{"id":"cG9zdDo5MTM3","sourceUrl":"/images/cms/main-image-UptDrWmASK0.jpeg","altText":"Exhibit and Display Design business plan"}},"seo":{"metaDesc":"Discover the Exhibit and Display Design financial model for insights into budgeting, forecasting, and profitability to enhance your design business growth.","title":"Exhibit and Display Design Financial Model Example - Modeliks"},"industryName":{"industryName":["professional-services"],"category":["financial-model"]},"h1":"Professional Services Business Plan | Modeliks"}2:["$","$L7",null,{"post":"$8","isBusinessPlan":true}]
6:[["$","meta","0",{"name":"viewport","content":"width=device-width, initial-scale=1"}],["$","meta","1",{"charSet":"utf-8"}],["$","title","2",{"children":"Exhibit and Display Design Financial Model Example - Modeliks"}],["$","meta","3",{"name":"description","content":"Discover the Exhibit and Display Design financial model for insights into budgeting, forecasting, and profitability to enhance your design business growth."}],["$","meta","4",{"name":"keywords","content":"professional services business plan, professional services business plan example, professional services business plan template, business plan for services, business plan for professional services, business plan for service company, service company business plan, services business plan, business plan for services"}],["$","link","5",{"rel":"canonical","href":"https://www.modeliks.com/industries/professional-services/exhibit-display-design-financial-model-example"}],["$","meta","6",{"property":"og:title","content":"Exhibit and Display Design Financial Model Example - Modeliks"}],["$","meta","7",{"property":"og:description","content":"Discover the Exhibit and Display Design financial model for insights into budgeting, forecasting, and profitability to enhance your design business growth."}],["$","meta","8",{"property":"og:url","content":"https://www.modeliks.com/industries/professional-services/exhibit-display-design-financial-model-example"}],["$","meta","9",{"property":"og:site_name","content":"Modeliks"}],["$","meta","10",{"property":"og:locale","content":"en_US"}],["$","meta","11",{"property":"og:type","content":"article"}],["$","meta","12",{"name":"twitter:card","content":"summary"}],["$","meta","13",{"name":"twitter:title","content":"Exhibit and Display Design Financial Model Example - Modeliks"}],["$","meta","14",{"name":"twitter:description","content":"Discover the Exhibit and Display Design financial model for insights into budgeting, forecasting, and profitability to enhance your design business growth."}],["$","link","15",{"rel":"icon","href":"/favicon.ico","type":"image/x-icon","sizes":"16x16"}]]
1:null