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 financial projections template is available for free download below. The first page of the financial projections template shows income statements for the business for 5 years. The second page of the financial projections template shows the opening balance sheet and the balance sheets for 5 years. The third page provides the cash flow statements for 5 years.
Business Plan Financial Templates | Smartsheet
A financial projection template helps an entrepreneur or a manager to project the operating profits and also develop projected financial statements. The template is designed for variety of people from those who have no accounting knowledge to finance professionals to understand the facts and figures mentioned in the project report template. Get the sample examples to understand the working of the template before you actually download for your use. You can also see Project Template. When you start a new business or if you are already working on a business project, then the best way to organize out your expenditures, is via financial projections. Financial projections help you in getting an estimate of how much you must spend, what to spend, when to spend, and where to spend.
Free Financial Templates for a Business Plan
The financial section of your business plan determines whether or not your business idea is viable and will be the focus of any investors who may be attracted to your business idea. The financial section is composed of four financial statements: the income statement, the cash flow projection, the balance sheet, and the statement of shareholders' equity. It also should include a brief explanation and analysis of these four statements. Think of your business expenses as two cost categories: your start-up expenses and your operating expenses. All the costs of getting your business up and running should be considered start-up expenses.
A business plan is all conceptual until you start filling in the numbers and terms. The sections about your marketing plan and strategy are interesting to read, but they don't mean a thing if you can't justify your business with good figures on the bottom line. You do this in a distinct section of your business plan for financial forecasts and statements. The financial section of a business plan is one of the most essential components of the plan, as you will need it if you have any hope of winning over investors or obtaining a bank loan. Even if you don't need financing, you should compile a financial forecast in order to simply be successful in steering your business.