Sample Spreadsheet For Small Business
Starting or running a small business without a budget is like driving with your eyes closed. In order be successful, you need to have a clear idea of where your business stands financially at any given time. One way to do this is with an ongoing business budget. Below is a collection of free, downloadable budget templates you can customize for your small business.
QuickBooks Free Startup Budget Templates and Guides
This budget template is perfect for startups, and it can used for any type of business. Small business owners can customize it to include expenses and other cost items that apply to the company. The Excel spreadsheet also includes extensive instructions that walk you through each part of the process to help you create an itemized list of your business’ startup costs.
Capterra’s Free Small Business Budget Templates
Capterra provides a thorough Excel small business budget template that includes both a yearly and a monthly breakdown, a tab for actual costs incurred, and another tab that helps you see your business financials at a glance. The download also includes directions on how to update the template with your business information.
Scott’s Marketplace – Better Business Budget Templates
This template includes an annual business budget in Excel with columns for each month. The blog post also includes step-by-step instructions to help you add your expenses and track your budget over the course of the year.
Vertex42 Business Budget Templates
This site provides several Excel spreadsheet budgets. One includes two sample business budgets designed for companies providing services or selling products. The second worksheet has sales and business expenses broken down by month, which is great for tracking quarterly expenses.
Tidy Forms Business Budget Templates
If you are not sure which budget format would be most useful for you, this site has five different business budget templates to choose from. There is a basic business template, a monthly template, and a sales forecast as well. Most of these budget templates are provided in Excel for easy downloading.
Frugal Entrepreneur’s Startup Costs Budget Worksheet
Frugal Entrepreneur has a broad collection of documents that are useful for small business owners, including a startup budget worksheet. Small business owners can use this startup cost budget worksheet to estimate the amount of money needed to start a new business and run it for the first three to 12 months after startup.
SCORE’s Financial Templates
This is an extensive template gallery with financial templates, marketing templates, and business planning templates. Useful small business budget templates available from SCORE include a financial projections template, startup expenses spreadsheet, and cash flow statements.
What makes a small business budget so useful is when it becomes a planning tool for your business. In order to transform your budget into this kind of tool, make sure you keep it updated so you can use it a regular basis. Once you fully understand the money that is coming in and going out of your business on a regular basis, you will be able to make smarter financial decisions.
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