This business budget template provides a mix of detailed spreadsheets and graphical data reports. You can estimate expenses, track actual expenditures, and view variances, all of which are summarized by month and visually represented in charts. This information allows you to create a comprehensive business financial plan template. Watch the demo to see how you can more effectively manage your team, projects, and processes with real-time work management in Smartsheet.
Watch a free demo. Designed for projects, this template allows you to list costs for each task. Depending on the type of project, you may include hourly services that contract employees provide, equipment costs, or other expenses. Create an estimated budget and then compare actual expenses to help with financial planning on future projects. Use this sales forecast template to create financial projections for individual products on a monthly and annual basis.
You can also track sales performance over time and compare figures from previous years. Color-coded cells make it easy to view data for each month, and the template calculates monthly and annual totals. This budget template lists the many expenses involved in an event, from venue rentals to programming and advertising. It also compiles the data you enter into visual charts so that you can quickly get an idea of your event budget allocation. Word Smartsheet.
Create a financial strategic action plan with this Word template. Once you have created a comprehensive financial plan, use it as a living document, just like you would a business plan. You should review and update financial templates regularly in order to assess progress, provide accountability and accuracy, and ensure that it continues to meet your needs.
This template provides a summary report of financial data with a dashboard view, which makes it easy to compile and quickly review information. Use the template to measure product performance, view sales data, and chart annual revenues or other financial information. Similar to a budget template, you can track both estimated and actual costs, and make adjustments as needed.
Identifying startup expenses can support your business planning process and help ensure that you have adequate financial resources to reach your goals. A break-even analysis shows when a business will meet all of its expenses and begin to reach financial profitability.
To do this analysis, enter your fixed and variable expenses into the template and the pre-set formulas will calculate how much revenue a business needs to break even. Create an annual financial report for your business that shows key metrics in an easy-to-read format. Getting a financial overview allows you to track performance over a given time period, and a summary report simplifies communication with stakeholders. You can easily print and share this Excel template as a PDF document.
Create a comprehensive marketing budget plan with monthly, quarterly, and annual views on one template. There is also a section for listing specific marketing campaigns so that you can estimate and compare costs for each. Excel PDF. Individuals can also benefit from strategic financial plans.
This one-page template allows you to create a personal financial plan that is concise yet comprehensive. Determine your current financial situation, create an action plan for reaching goals, and use the plan to track implementation and progress. If needed, you can include numbers for life insurance or estate planning. Families can use this planner to track household expenses and create a monthly balanced budget.
The template also includes a section for savings to help you plan for retirement, create an emergency fund, and track investments. Excel Word PDF. Goals are only dreams unless you take steps to achieve them. Use this worksheet to clarify your top goals, identify potential roadblocks, and list actions you can take to overcome obstacles and reach your desired outcome. Goal planning can help prioritize objectives, create a realistic timeline, and provide accountability.
This monthly financial planner template provides a detailed budget along with a visual summary of your data. It includes sections for listing all sources of income, different savings accounts, and all of the expenses required to meet basic needs and support your lifestyle. You can use this template to plan for each month as well as to track earnings and expenditures over time. Word PDF. Life can change in an instant.
People with a good financial plan hope for the best, but plan for the unexpected. Insurance helps with that. Use our disability and life insurance worksheet PDF to log your coverage and identify any gaps. Our retirement savings checklist PDF will help. To reach your mid- and long-term goals, take your savings strategy and put an engine behind it.
Tip : Around age 50, you may want to include long-term care insurance and expand your plan to add income in retirement. How to prepare for your first meeting with a financial professional. You should consult with appropriate counsel or other advisors on all matters pertaining to legal, tax, investment or accounting obligations and requirements.
Individuals Build Your Knowledge A step-by-step guide to build a personal financial plan. A step-by-step guide to build a personal financial plan When it comes to your money and your plans, it can be hard to balance short-term wants, long-term dreams, and those unexpected events that out of your control.
Set financial goals. Create a budget. Plan for taxes. Build an emergency fund. Manage debt. Protect with insurance. Plan for retirement.
Download this PDF template to help you make the best financial decisions and recover the business financially from the ashes. Lots of business investors also get quite perplexed when have to plan for their finances. So these Plan Templates for business plans are also available in abundance. Working on financial plan templates in Excel are easier than anything else. Design your own finance without paying a consultant. Just use these templates to make your plan safer and robust.
You can also go for personal 5 year financial plan templates for long-term investments. If you have any DMCA issues on this post, please contact us! Free Download. View All Financial Plan Templates. Available in.
A financial model allows you to draft financial projections easily, fast, and in a professional manner. A great template will also force you to think through all the aspects of your project and make sure you really get the financial logic behind your business. This post compares the top 12 templates of financial models for SaaS startups. I have personally tested each model. I've looked at both spreadsheets and SaaS apps, and both free and paid solutions.
I compared 40 points across 5 categories: a financial statements, b analysis capabilities, c revenue modeling, d cost modeling, e extra features. A detailed analysis of each model is available below. Granted, it's not a perfect methodology. One could argue forever about whether cap tables should be included in a startup financial model.
But it's the best I could come up with - without being a finance nerd myself :. For years, this template has been the go-to financial model for French entrepreneurs. However, it didn't age well. Analysis capabilities are limited: only a handful of financial metrics, zero SaaS metrics, a couple of graphs, and it's impossible to categorize costs.
Modeling, be it for revenue or costs, is all too basic and requires a lot of manual input. Also, it's entirely in French. Having said that, it remains a free-of-charge, easy-to-use, easy-to-customize template that covers all the basics while including specificities to the French ecosystem such as CIR, JEI, etc.
This model makes a lot of sense for French entrepreneurs looking for a simple solution. For the others, keep on reading. SaaS Financial Plan 2. This template was built by SaaS apostle Christoph Janz, and you can tell. It packs a punch of SaaS knowledge in a sleek, clear spreadsheet. It's not all rosy, though. You want a 5 years forecast? No, you only need 2. You want to sell annual pro plans? Too bad, pro plans are monthly and that's that. Also, no balance sheet. This template works great if you are a typical SaaS startup and fits the vision that Christoph put into his financial plan.
If not, you may be better off considering templates with broader horizons. This one got updated just before publishing the article, so I have to scratch my old review and write a new one. I'll take care of that soon enough. At the end of the day, Murray's SaaS template is great - maybe the best amongst the free templates.
It is a bit disappointing when it comes to modeling new client acquisition and costs, though. Now, because we are paying, we are a lot pickier. First, you cannot account for upgrades and downgrades you can model churn, though. Third, the formulas are "locked ' so you cannot edit them. That's a big problem if, like me, you like looking under the hood. But maybe you don't care? All in all, I cannot tell you not to look at the SaaS startup kit. But if you can stretch your budget a little more, look at the next model - it may well be the right one.
Let me start right off the bat: this "SaaS Financial Model" by Taylor Davidson is one of the best templates out there. Additional tabs are built-in for fundraising assess needs and uses , valuation ownership, DCF, waterfall exit, ROI , variants simplified scenarios , and impact for purpose-driven startups.
Bonus point: the model works in Microsoft Excel and Google Sheets, supports all currencies, and is fully editable. SaaS experts will especially appreciate the granularity provided by monthly cohort analysis - a rarity! Modeling revenue and costs is extremely versatile. Instead of pre-modeling everything for you, the template provides you with very unique features Pricing, Pipeline, Drivers that allow you to customize it to your needs.
Here are a few examples of what you can do:. True, it takes a bit of time to wrap your head around the internal logic of that model. But once you master it, there is virtually no limit to what you can do. Thankfully, this financial model is well-documented. The website includes a long, detailed "Getting Started" page as well as specific articles and videos for technical points. The highlight is definitely the email support - I've consistently received detailed replies within 24 hours - at zero extra cost.
Kudos to that. The other one is the model built by Alexander Jarvis - read on to learn about it. It's hard to write a serious review about this template - everything about it is absolutely ridiculous. It is ridiculously rich, ridiculously detailed, ridiculously powerful.
It's the kind of template that you use when you want to make a statement, like impress your investors or make your CFO feel irrelevant. It's heavy, bold, and over-the-top, in the best way possible. Brace yourselves, let's dive in. This template by Alexander Jarvis comes in 2 versions.
Because of their complexity, both models only work in Microsoft Excel no Google Sheets. I cannot stress enough how detailed this model is. I love this kind of detail because it gives actionable points when thinking about execution. It also makes it easier to defend your numbers in front of investors because you can explain the underlying assumptions.
If it's too much for you, you can always deactivate the advanced fields with the switch and focus on the core input. If you are building the next Oracle or Palantir, that stuff alone is invaluable. Documentation is ok. Having said that, I particularly appreciated the tutorial videos: one min overview and 20 shorter videos that each cover a specific tab. You want more? Time to talk about analysis capabilities. Alexander Jarvis' model is most lavish when it comes to that point.
Some would argue that an early-stage startup doesn't need formal financial statements However, this template does include a tab to compare your forecasts to your actuals, and another tab listing down industry metrics - both are very welcome additions.
If you want the best spreadsheet ever, it boils down to comparing Taylor Davidson's and Alexander Jarvis' templates, and picking the one that fits you the most. See the final section "Conclusion" for a side-by-side of both models. However, some prefer using a specialized SaaS app to build their startup financial model.
If that's your case, check out the last 4 models. It's a SaaS app: you pay a monthly subscription to access an online tool. It's a fundamentally different approach from the spreadsheet-based models we've explored so far. For that price, you get very exhaustive financial statements: income statements, cash flow statements, and balance sheets over 10 years - no cap table though.
All currencies are available and you can export the statements to a clean, well-designed spreadsheet format only numbers, no formulas. The tool was clearly thought to be user-friendly and the onboarding is best-in-class. You will have zero difficulties using EY's Finance Navigator whatsoever.
Unfortunately, simplicity is a double-edged sword. Revenue and cost modeling is super basic. For example, revenue is defined as a base number for month 1, then a monthly growth rate. No channels, no conversion rate, no pricing plans. The same goes for costs: you cannot tie costs to specific activity metrics, so you have to input them manually.
Because it's a SaaS application, you cannot customize the model by adding fields or modifying formulas. And because it's so basic, there is only the bare minimum in terms of analysis capabilities. At the end of the day, EY's Finance Navigator holds a lot of promises.
With our PDF templates, you can make a professional looking financial plan in a very short time since the layout has been made for you to just fill in with your data. This PDF template combines both aspects to give what work is to be done and the corresponding financial needs for the task for that phase of the project. In order to get out fast and be moving smoothly again, an easy to follow financial recovery plan is a must.
Download this PDF template to help you make the best financial decisions and recover the business financially from the ashes. Lots of business investors also get quite perplexed when have to plan for their finances. So these Plan Templates for business plans are also available in abundance. Working on financial plan templates in Excel are easier than anything else. Design your own finance without paying a consultant.
Just use these templates to make your plan safer and robust. You can also go for personal 5 year financial plan templates for long-term investments. If you have any DMCA issues on this post, please contact us! Here, you take into consideration your current financial status and the financial resources at your disposal that can help you meet your financial goal.
In this type of financial planning process, you are planning for a longer period of time. Anything between two to five years. Here, you are planning for a longer period of time, From 5 years and above. You take into consideration, the different types of investment opportunities that are open to you. To do this, you need consistent and systematic planning, savings, expenditure control, tax savings and carefully following the financial planning strategy.
This involves managing the cash flow of your business. In other words, keeping an eye on the inflow and outflow of funds. In addition, it involves creating a reserve of emergency funds for unforeseen circumstances. Doing the right investment is the surest way to accumulate enough funds to spend on the very important aspects of your life.
This involves managing all the cash you borrowed in time past. Putting your debts in check helps you control the amount of money your business spends externally. Paying of taxes is a major factor in your expenditure list.
Hence, to maximize your real income, tax exemption and tax liability is of utmost importance. Consult investment planners or tax consultants to recommend the best tax saving instruments you can invest in, through various government and private investment scheme. Financial Planning is process of creating objectives, policies, procedures, programmes and budgets regarding the financial activities of a business.
This ensures effective and adequate financial and investment policies. However, to come up with a good financial plan, there are steps you must take that complete the financial planning process. The main reason you are coming up with a plan is because there is a goal that you need to meet.
Set realistic financial goals. Separate your needs from your wants. Also make it inspirational. What do you want your business to look like in the next five years? How many assets do you want to acquire in the next 10 years? In this step, you need to gather all the current financial information about your business.
This is because the financial planning process depends on the quality and clarity of the information you have at your disposal. For this segment, you can decide to hire a financial adviser. It involves monitoring all the financial information you have gathered about your business. Through analysis, you or your financial adviser will be able to determine what exactly your financial situation is, identify areas of strength and weakness, and narrow down your financial actions to what will truly benefit the business.
Having followed the above steps till now, its time to create a financial plan. The plan is developed bassed on the final information you have from step 2 and 3. Once all the other steps are done, its time to implement what you have created. This process involves strategically planning your finances for your future. It involves monitoring your income, expenses and debt. This process is not just for those with a lot of money.
Its for everyone who has an income and expenditure. The first step in financial planning is often times the hardest. Because to clearly define your financial goals, you need to start asking yourself questions like. This helps you to consider what you value in life and determine what kind of life you want to live in the future. Now that you have an idea of your financial goals for your future, its important that you prioritize them above anything else. Yes, employing it at this stage is really advisable.
Financial planning pdfs and research papers can be found online from financial reearchers across the globe. Financial planning for a business can be really hard because of some variables that affect the business. For instance, consumer behavior toward a new product or a change in the price of an old product is hard to predict, and this affects the finances of a business.
Regardless, its still something that is worth trying as its better to plan and have a model, than to leave your business finances in the hands of your business. Click on the button below to have access to our list of workable business plans that has helped a lot of business owners in over 10 countries of the world. Your email address will not be published.
Save my name, email, and website in this browser for the next time I comment. What Is Financial Planning? Short-term financial planning 2. Medium-term financial planning 3. Cash Flow Management 2. Investment Management 3. Debt Management 4. Set financial goals 2. Gather your financial information 3. Analyze your business financial information 4. Create a financial plan 5.
Download free financial templates for business and personal planning, including strategic financial plans, annual projections. Creating a personal financial plan has six basic steps: 1. Determine your current financial situation. 2. Develop your financial goals. Planning your finances is very important. Here are some free professional financial plan templates that you can use for both personal and business projects.