Multiply this number by 6, and you have a six-month estimate of your operating expenses.
To use this section, simply fill in the three white boxes representing the amount of the loan, the annual interest rate and the term of the loan in months - for example, 12 for 1 year, 24 for 2 years, 36 for 3 years, 48 for 4 years, or 60 for a 5 year loan.
Eliminate those that do not apply, and add categories where necessary to adapt this template to your business.
What profits? You can get away with a sales forecast, spending budget, and cash flow plan. How to use Financial Plan Model Inputs Use the Model Inputs sheet to enter information about your business that will be used to model results seen on the other pages.
The result is then adjusted to the cash flow balance that is carried over to the next month. It is a forecast and thus, it is highly recommended to go with simple math. The Business Plan Store will prepare detailed financial statements for your business plan that express your vision in terms of dollars and units of time, and in a format that is easily understandable to people in the lending industries.
Peterson, Peter E. What you own are your assets and what you owe are your liabilities. Hence, it is critical to justify your business with good figures. Depending on your industry, there can be different accounts in each section.