If you were looking at getting into the STR business as a real estate investor (short-term rentals), then this financial model is MS Excel is a must have. The template is robust enough to handle large operations or just single operator investment planning. The model goes for a max period of 15 years and you can account for the purchase/renovation, operations, and exit of up to 20 properties or 20 tranches of properties all on the same timeline.
HR Tool: Expected Savings from Terminations
It is not a pretty thing, but sometimes companies get into financial trouble and they can't support their own payroll anymore. Whatever the reason may be, this means people are going to have to be terminated (fired) and to plan that process out, a good financial calculator can help HR make more informed decisions.
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