Extra templates and calculators are available to help you calculate revenue, weighted average gross margin, and activity ratios such as accounts receivable, inventory and accounts payable days, for use in the financial projections template.Select a category from the menu to the right or chose one of the templates or calculators below.This free 4 page Excel business plan financial projections template produces annual income statements, balance sheets and cash flow projections for a five year period for any business.
The final page of the financial projections template contains a selection of useful financial ratios for comparison purposes, together with revenue, net income, cash balance, and cumulative free cash flow by year in graph form for easy reference.
If you want to know how to use the financial projections template, then we recommend reading our How to Make Financial Projections post, which explains each step in detail.
If you treat your business plan as a living document that you regularly review and update, you can also use it to measure progress over time.
An effective plan communicates a company’s vision to team members and all stakeholders, and provides both a foundation and an adaptable model that can grow and change along with the business.
One key reason for startups to develop sound business plans is to convince investors and lenders to finance the endeavor.
Most banks and investors will want to see detailed financial projections and a statement of your current personal and business financial standing.
For a startup business, planning is key to developing a thorough understanding of the target market, competition, market conditions, and financing opportunities.
Comprehensive planning will include identifying startup costs, as well as examining financial resources and future projections.
He has been the CFO or controller of both small and medium sized companies and has run small businesses of his own.
He has been a manager and an auditor with Deloitte, a big 4 accountancy firm, and holds a BSc from Loughborough University.