Here are the easiest ways to find the content you want. Enclose your search phrase in quotes. Search will try to find content with those words in the order you enclosed them.
Some spreadsheets are too big and complicated and only the person who made it can explain how it works. I tried to strike a balance having done many financial projections and more importantly having had to explain my projections to people of varying levels of financial sophistication and from different backgrounds.
I still have a few ideas to improve it further, but I think the bugs are all worked out so I decided to let some more people poke at it. Download the spreadsheet now.
It should go without saying if you download a Microsoft Excel file from my website, upload it to another website and claim it as your own work, I will find out, and I will take action.
One of the biggest shortcomings of spreadsheets you download online is lack of instructions or explanations on how they work. Before I entered a single number, I thought out what data I wanted to present, how many tabs I would need, and I wrote instructions on how the spreadsheet works.
Those that want to dig deeper or modify the spreadsheet, of course have that option. I ask that you not take credit for my original work, nor resell it commercially. Instructions This spreadsheet allows for the quick creation of financial projections and financial statements when planning a entrepreneurial venture.
It is designed to be as general as possible but may not prove suitable for all businesses, particularly those with complicated financial structures or irregular revenue.
The spreadsheet assumes you buy all equipment needed. No depreciation or amortization expenses are calculated and a simple flat tax rate is assumed, with funds for taxes being set aside as taxable income is earned.
Fill out the Questionnaire tab. All boxes in light blue should be filled out first. I recommend you raise slightly more capital than you need.
Next complete the financing and sales estimate section. Do not forget to include the tax rate. I recommend you modify the copy not the original. Unless you are confident in your Excel skills and business planning expertise I recommend you skip the Master Control tab.
If you must meddle, adjust the orange cells only. The Answers tab contains the most useful information when planning a business including estimates of: The Projections tab contains revenue, income, and cost projections for three years.
The Valuation tab attempts to value the proposed business using the venture capital method and the discounted cash flow method. Y1 Bookkeeping tab is used to double check math and presents data in a slightly different manner, than previous tabs.
I gave a lot of thought as to what to include but also what to leave out when building this spreadsheet and previously when building similar spreadsheets for the So You Want To Open A Brew Pub series of blog posts.
This spreadsheet goes further as it produces three years of projections as well as a hopefully passable: I did anticipate certain questions so I will attempt to answer them: It should be easy to covert to U.Calculating business start up costs should be a part of starting any business.
An entrepreneur is usually required to put these costs together as part of a business plan, loan or grant application. They are also helpful when putting together proforma financial statements. Financial calculators - use this template to calculate your key financial ratios and help you analyse the financial health of your business.
Glossary of key financial terms - find definitions for financial terms that you may come across when you are dealing with accountants and financial institutions, or while running your business. A well-written business plan should include a mission statement, business and management structure, a marketing plan and financial projections.
A business seeking capital must recognize the importance of financial projections. A business financial projection is simply forecasting your sales and revenue to the lender.
This information is important because it is a key indicator to your ability to repay a business loan.
Contact Richards College of Business. Looking to get in touch or have a question?
Give us a call. Dean's Office & Miller Hall Office Hours: 8 a.m. to noon and p.m. The financial statement is a distinct section of your business plan because it outlines your financial projections. A business lives and dies based on its financial feasibility and .