SCORE Financial Projection Model

Please read this entire page before you do anything else

This spreadsheet walks you through the process of deeloping an integrated set of financial projections!
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#nu$ber found in the color green is optional infor$ation that you can co$plete!
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If "green" cells have formulas in them to start with and are then overwritten, the dependent calculations will not be correct and will need to be updated manually
Otherwise% any infor$ation found in black type is auto$atically calculated for you!
#lthough the cells that are calculated are locked &or protected'% you can turn off this protection to $odify the sheets!
To do this% select (Tools( fro$ the $enu bar at the top of the screen! Then select% (Protection!(
Finally% select ()nprotect Sheet( and you will be able to edit any labels or for$ulas!
*efore you begin% we need so$e infor$ation about your business to best custo$i+e your financial state$ents!
Please enter the na$e of your business in the bo, below-
Enter .our *usiness /a$e 0ere
The first si, worksheets in this workbook are steps you will need to co$plete! They are titled-
1! Re2uired Start")p Funds
3! Salaries and 4ages
5! Fi,ed Operating E,penses
6! 7 8! Projected Sales Forecast &3 sheets'
9! Cash Receipts and :isburse$ents
*egin by clicking on the tabs below
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To use this $odel% si$ply co$plete any infor$ation asked for found in the color yellow!
Example: Fill in bo,es that look like this
Example: Check these assu$ptions
Enter .our *usiness /a$e 0ere
Re2uired Start")p Funds for a /ew *usiness or
Opening *alance Sheet for an E,isting *usiness
Re2uired Start")p Funds #$ount Totals :epreciation /otes
Fi,ed #ssets
Real Estate";and $ -
*uildings - 20.00 years
;easehold <$proe$ents - 7.00 years
E2uip$ent - 7.00 years
Furniture and Fi,tures - 5.00 years
=ehicles - 5.00 years
Other Fi,ed #ssets - 5.00 years
Total Fi,ed #ssets -
Operating Capital
Pre"Opening Salaries and 4ages -
Prepaid <nsurance Pre$iu$s -
<nentory -
;egal and #ccounting Fees -
Rent :eposits -
)tility :eposits -
Supplies -
#dertising and Pro$otions -
;icenses -
Other <nitial Start")p Costs -
4orking Capital &Cash On 0and' -
Total Operating Capital -
Total Re2uired Funds $ -
Sources of Funding #$ount Totals ;oan Rate Ter$ in Months Monthly Pay$ents
Owner>s E2uity 0.00% -
Outside <nestors 0.00% -
#dditional ;oans or :ebt
Co$$ercial ;oan 0.00% - 7.00% 84.00 $0.00
Co$$ercial Mortgage 0.00% - 8.00% 240.00 $0.00
Credit Card :ebt 0.00% - 7.00% 60.00 $0.00
=ehicle ;oans 0.00% - 6.00% 48.00 $0.00
Other *ank :ebt 0.00% - 5.00% 36.00 $0.00
Total Sources of Funding 0.00% $ - $0.00

/ote?- For e,isting businesses% this should be the (bucket( of cash plus recieables that will
be turned into cash or payables paid out in cash in the near ter$ &i!e! in the first $onth of the plan'
For e,isting businesses @ CashAPpd E,pA#BR"#BP"#ccrd E,p See /ote below?
If "green" cells have formulas in them to start with and are then overwritten, the dependent
calculations will not be correct and will need to be updated manually
Enter .our *usiness /a$e 0ere 13"Cul"16
Salaries and 4ages
Salaries and Related E,penses ? #ssu$ptions 4age *ase Monthly .ear One .ear Two .ear Three
Percent Change 3.00% 3.00%
Salaries and 4ages
Owner>s Co$pensation 0 $ - - - -
Salaries 0 - - - -
4ages
Full"Ti$e E$ployees 0 - - - -
Esti$ated 0ours Per 4eek 40.00
Esti$ated Rate Per 0our $ 9.00
Part"Ti$e E$ployees 0 - - - -
Esti$ated 0ours Per 4eek 20.00
Esti$ated Rate Per 0our $ 9.00
<ndependent Contractors - - - -
Total Salaries and 4ages 0 - - - -
Payroll Ta,es and *enefits
Social Security 6.20% $ 102,000 - - - -
Medicare 1.45% - - - -
Federal )ne$ploy$ent Ta, &F)T#' 0.80% $ 7,000 - - - -
State )ne$ploy$ent Ta, &S)T#' 2.70% $ 7,000 - - - -
E$ployee Pension Progra$s 0.00% - - - -
4orker>s Co$pensation 0.00% - - - -
E$ployee 0ealth <nsurance 0.00% - - - -
Other E$ployee *enefit Progra$s 4.00% - - - -
Total Payroll Ta,es and *enefits - - - -
Total Salaries and Related E,penses - - - -
If "green" cells have formulas in them to start with and are then overwritten, the dependent calculations will not be correct and will need to be updated manually
Enter .our *usiness /a$e 0ere 13"Cul"16
Fi,ed Operating E,penses
Fi,ed Operating E,penses Monthly .ear One .ear Two .ear Three /otes
Percent Change 3.00% 3.00%
E,penses
#dertising $ - - - -
Car and Truck E,penses - - - -
*ank 7 Merchant Fees - - - -
Contract ;abor - - - -
Conferences 7 Se$inars - - - -
Custo$er :iscounts and Refunds - - - -
:ues and Subscriptions - - - -
Miscellaneous - - - -
<nsurance &;iability and Property' - - - -
;icensesBFeesBPer$its - - - -
;egal and Professional Fees - - - -
Office E,penses 7 Supplies - - - -
Postage and :eliery - - - -
Rent &on business property' - - - -
Rent of =ehicles and E2uip$ent - - - -
Sales 7 Marketing - - - -
Ta,es"Other - - - -
Telephone and Co$$unications - - - -
Trael - - - -
)tilities - - - -
Total E,penses - - - -
Other E,penses
:epreciation - - - -
<nterest
Co$$ercial ;oan - - - -
Co$$ercial Mortgage - - - -
;ine of Credit - - - -
Credit Card :ebt - - - -
=ehicle ;oans - - - -
Other *ank :ebt - - - -
Total Other E,penses - - - -
Total Fi,ed Operating E,penses - - - -
Enter .our *usiness /a$e 0ere 13"Cul"16
Projected Sales Forecast
Products and Serices #ssu$ptions D Can Feb Mar #pr May Cun Cul #ug Sep Oct /o :ec Totals
ProductBSerice #
Price Per )nit $ - 100.00%
=ariable Cost Per )nit $ - 0.00%
Eross Margin Per )nit $ - 0.00%
Projected )nit Sales
Seasonality Factor 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
.ear One - - - - - - - - - - - - -
.ear Two Erowth 25.00% - - - - - - - - - - - - -
.ear Three Erowth 25.00% - - - - - - - - - - - - -
Oerhead E,p #llocation 50.00%
Projected Reenue $ -
=ariable Costs -
Eross Margin -
Oerhead E,penses -
Profit - 0.00%
*reakeen Sales Reenue$ -
*reakeen Sales )nits -
ProductBSerice *
Price Per )nit $ - 100.00%
=ariable Cost Per )nit $ - 0.00%
Eross Margin Per )nit $ - 0.00%
Projected )nit Sales
Seasonality Factor 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
.ear One - - - - - - - - - - - - -
.ear Two Erowth 10.00% - - - - - - - - - - - - -
.ear Three Erowth 10.00% - - - - - - - - - - - - -
Oerhead E,p #llocation 16.67%
Projected Reenue $ -
=ariable Costs -
Eross Margin -
Oerhead E,penses -
Profit - 0.00%
*reakeen Sales Reenue$ -
*reakeen Sales )nits -
If "green" cells have formulas in them to start with and are then overwritten, the dependent calculations will not be correct and will need to be updated manually
Enter .our *usiness /a$e 0ere 13"Cul"16
Projected Sales Forecast " Page 3
Products and Serices #ssu$ptions D Can Feb Mar #pr May Cun Cul #ug Sep Oct /o :ec Totals
ProductBSerice C
Price Per )nit $ - 100.00%
=ariable Cost Per )nit $ - 0.00%
Eross Margin Per )nit $ - 0.00%
Projected )nit Sales
Seasonality Factor 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
.ear One - - - - - - - - - - - - -
.ear Two Erowth 10.00% - - - - - - - - - - - - -
.ear Three Erowth 10.00% - - - - - - - - - - - - -
Oerhead E,p #llocation 16.67%
Projected Reenue $ -
=ariable Costs -
Eross Margin -
Oerhead E,penses -
Profit - 0.00%
*reakeen Sales Reenue$ -
*reakeen Sales )nits -
ProductBSerice :
Price Per )nit $ - 100.00%
=ariable Cost Per )nit $ - 0.00%
Eross Margin Per )nit $ - 0.00%
Projected )nit Sales
Seasonality Factor 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
.ear One - - - - - - - - - - - - -
.ear Two Erowth 10.00% - - - - - - - - - - - - -
.ear Three Erowth 10.00% - - - - - - - - - - - - -
Oerhead E,p #llocation 16.67%
Projected Reenue $ -
=ariable Costs -
Eross Margin -
Oerhead E,penses -
Profit - 0.00%
*reakeen Sales Reenue$ -
*reakeen Sales )nits -
If "green" cells have formulas in them to start with and are then overwritten, the dependent calculations will not be correct and will need to be updated manually
Enter .our *usiness /a$e 0ere 13"Cul"16
Cash Receipts and :isburse$ents
#ccounts Receiable Collections
Percent of Collections
F to 5F days 100.00%
51 to 9F days 0.00%
More than 9F days 0.00%
Total Collections Percentage 1FF!FFD
#ccounts Payable :isburse$ents
/u$ber of :ays to Pay Suppliers
F to 5F days 100.00%
51 to 9F days 0.00%
More than 9F days 0.00%
Total :isburse$ents Percentage 1FF!FFD
;ine of Credit #ssu$ptions
:esired Mini$u$ Cash *alance $ -
;ine of Credit <nterest Rate 8.00%
<nco$e Ta, #ssu$ptions
Effectie <nco$e Ta, Rate 20.00%
- -
#$orti+ation of Start")p E,penses - -
#$orti+ation Period in .ears 3.00 -
Enter .our *usiness /a$e 0ere
Projected <nco$e State$ent " .ear One
Can Feb Mar #pr May Cun Cul #ug Sep Oct /o :ec Totals
<nco$e
ProductBSerice # - - - - - - - - - - - - -
ProductBSerice * - - - - - - - - - - - - -
-
-
Total <nco$e - - - - - - - - - - - - -
Cost of Sales
ProductBSerice # - - - - - - - - - - - - -
ProductBSerice * - - - - - - - - - - - - -
-
-
Total Cost of Sales - - - - - - - - - - - - -
Eross Margin - - - - - - - - - - - - -
Total Salary and 4ages - - - - - - - - - - - - -
Fi,ed *usiness E,penses
#dertising - - - - - - - - - - - - -
Car and Truck E,penses - - - - - - - - - - - - -
*ank 7 Merchant Fees - - - - - - - - - - - - -
Contract ;abor - - - - - - - - - - - - -
Conferences 7 Se$inars - - - - - - - - - - - - -
Custo$er :iscounts and Refunds - - - - - - - - - - - - -
:ues and Subscriptions - - - - - - - - - - - - -
Miscellaneous - - - - - - - - - - - - -
<nsurance &;iability and Property' - - - - - - - - - - - - -
;icensesBFeesBPer$its - - - - - - - - - - - - -
;egal and Professional Fees - - - - - - - - - - - - -
Office E,penses 7 Supplies - - - - - - - - - - - - -
Postage and :eliery - - - - - - - - - - - - -
Rent &on business property' - - - - - - - - - - - - -
Rent of =ehicles and E2uip$ent - - - - - - - - - - - - -
Sales 7 Marketing - - - - - - - - - - - - -
Ta,es"Other - - - - - - - - - - - - -
Telephone and Co$$unications - - - - - - - - - - - - -
Trael - - - - - - - - - - - - -
)tilities - - - - - - - - - - - - -
Total Fi,ed *usiness E,penses - - - - - - - - - - - - -
Other E,penses
#$orti+ed Start"up E,penses - - - - - - - - - - - - -
Enter .our *usiness /a$e 0ere
Projected <nco$e State$ent " .ear One
Can Feb Mar #pr May Cun Cul #ug Sep Oct /o :ec Totals
:epreciation - - - - - - - - - - - - -
<nterest
Co$$ercial ;oan - - - - - - - - - - - - -
Co$$ercial Mortgage - - - - - - - - - - - - -
;ine of Credit - - - - - - - - - - - - -
Credit Card :ebt - - - - - - - - - - - - -
=ehicle ;oans - - - - - - - - - - - - -
Other *ank :ebt - - - - - - - - - - - - -
Ta,es - - - - - - - - - - - - -
Total Other E,penses - - - - - - - - - - - - -
/et <nco$e - - - - - - - - - - - - -
Enter .our *usiness /a$e 0ere
Projected Cash Flow State$ent " .ear One
Can Feb Mar #pr May Cun Cul #ug Sep Oct /o :ec Totals
*eginning Cash *alance - - - - - - - - - - - -
Cash <nflows
<nco$e fro$ Sales - - - - - - - - - - - - -
#ccounts Receiable - - - - - - - - - - - - -
Total Cash <nflows - - - - - - - - - - - - -
Cash Outflows
<nesting #ctiities
/ew Fi,ed #ssets Purchases - - - - - - - - - - - - -
<nentory #ddition to *al!Sheet - - - - - - - - - - - - -
Cost of Sales - - - - - - - - - - - - -
Operating #ctiities
Salaries and 4ages - - - - - - - - - - - - -
Fi,ed *usiness E,penses - - - - - - - - - - - - -
Ta,es - - - - - - - - - - - - -
Financing #ctiities -
;oan Pay$ents - - - - - - - - - - - - -
;ine of Credit <nterest - - - - - - - - - - - - -
;ine of Credit Repay$ents - - - - - - - - - - - - -
:iidends Paid - - - - - - - - - - - - -
Total Cash Outflows - - - - - - - - - - - - -
Cash Flow - - - - - - - - - - - - -
Operating Cash *alance - - - - - - - - - - - -
;ine of Credit :rawdowns - - - - - - - - - - - - -
Ending Cash *alance - - - - - - - - - - - -
;ine of Credit *alance " " " " " " " " " " " "
Enter .our *usiness /a$e 0ere
*alance Sheet " .ear One
*ase Period End of .ear One
#ssets
Current #ssets
Cash - -
#ccounts Receiable - -
<nentory - -
Prepaid E,penses - -
Other Current - -
Total Current #ssets - -
Fi,ed #ssets
Real Estate";and - -
*uildings - -
;easehold <$proe$ents - -
E2uip$ent - -
Furniture and Fi,tures - -
=ehicles - -
Other Fi,ed #ssets - -
Total Fi,ed #ssets - -
;ess- #ccu$ulated :epreciation - -
Total #ssets - -
;iabilities and Owner>s E2uity
;iabilities
#ccounts Payable - -
;oan Payable - -
Mortgage Payable - -
Credit Card :ebt - -
=ehicle ;oans - -
Other *ank :ebt - -
;ine of Credit *alance - -
Total ;iabilities - -
Owner>s E2uity
Co$$on Stock - -
Retained Earnings - -
:iidends :ispersed - -
Total Owner>s E2uity - -
Enter .our *usiness /a$e 0ere
*alance Sheet " .ear One
*ase Period End of .ear One
Total ;iabilities and Owner>s E2uity - -
Statement Balances Statement Balances
Enter .our *usiness /a$e 0ere
.ear End Su$$ary
.ear One D .ear Two D .ear Three D
<nco$e
ProductBSerice # - - -
ProductBSerice * - - -
- - -
- - -
Total <nco$e - 100.00% - 100.00% - 100.00%
Cost of Sales
ProductBSerice # - - -
ProductBSerice * - - -
- - -
- - -
Total Cost of Sales - 0.00% - 0.00% - 0.00%
Eross Margin - 0.00% - 0.00% - 0.00%
Total Salary and 4ages - 0.00% - 0.00% - 0.00%
Fi,ed *usiness E,penses
#dertising - - -
Car and Truck E,penses - - -
*ank 7 Merchant Fees - - -
Contract ;abor - - -
Conferences 7 Se$inars - - -
Custo$er :iscounts and Refunds - - -
:ues and Subscriptions - - -
Miscellaneous - - -
<nsurance &;iability and Property' - - -
;icensesBFeesBPer$its - - -
;egal and Professional Fees - - -
Office E,penses 7 Supplies - - -
Postage and :eliery - - -
Rent &on business property' - - -
Rent of =ehicles and E2uip$ent - - -
Sales 7 Marketing - - -
Ta,es"Other - - -
Telephone and Co$$unications - - -
Trael - - -
)tilities - - -
Total Fi,ed *usiness E,penses - 0.00% - 0.00% - 0.00%
Operating <nco$e &before Other E,penses' - 0.00% - 0.00% - 0.00%
GE*<T:#H
Enter .our *usiness /a$e 0ere
.ear End Su$$ary
.ear One D .ear Two D .ear Three D
Other E,penses
#$orti+ed Start"up E,penses - - -
:epreciation - - -
<nterest
Co$$ercial ;oan - - -
Co$$ercial Mortgage - - -
;ine of Credit - - - -
Credit Card :ebt - - -
=ehicle ;oans - - -
Other *ank :ebt - - -
Ta,es - - -
Total Other E,penses - 0.00% - 0.00% - 0.00%
/et <nco$e - 0.00% - 0.00% - 0.00%
Enter .our *usiness /a$e 0ere
Projected <nco$e State$ent " .ear Two
Can Feb Mar #pr May Cun Cul #ug Sep Oct /o :ec Totals
<nco$e
ProductBSerice # - - - - - - - - - - - - -
ProductBSerice * - - - - - - - - - - - - -
-
-
Total <nco$e - - - - - - - - - - - - -
Cost of Sales
ProductBSerice # - - - - - - - - - - - - -
ProductBSerice * - - - - - - - - - - - - -
-
-
Total Cost of Sales - - - - - - - - - - - - -
Eross Margin - - - - - - - - - - - - -
Total Salary and 4ages - - - - - - - - - - - - -
Fi,ed *usiness E,penses
#dertising - - - - - - - - - - - - -
Car and Truck E,penses - - - - - - - - - - - - -
*ank 7 Merchant Fees - - - - - - - - - - - - -
Contract ;abor - - - - - - - - - - - - -
Conferences 7 Se$inars - - - - - - - - - - - - -
Custo$er :iscounts and Refunds - - - - - - - - - - - - -
:ues and Subscriptions - - - - - - - - - - - - -
Miscellaneous - - - - - - - - - - - - -
<nsurance &;iability and Property' - - - - - - - - - - - - -
;icensesBFeesBPer$its - - - - - - - - - - - - -
;egal and Professional Fees - - - - - - - - - - - - -
Office E,penses 7 Supplies - - - - - - - - - - - - -
Postage and :eliery - - - - - - - - - - - - -
Rent &on business property' - - - - - - - - - - - - -
Rent of =ehicles and E2uip$ent - - - - - - - - - - - - -
Sales 7 Marketing - - - - - - - - - - - - -
Ta,es"Other - - - - - - - - - - - - -
Telephone and Co$$unications - - - - - - - - - - - - -
Trael - - - - - - - - - - - - -
)tilities - - - - - - - - - - - - -
Total Fi,ed *usiness E,penses - - - - - - - - - - - - -
Other E,penses
#$orti+ed Start"up E,penses - - - - - - - - - - - - -
Enter .our *usiness /a$e 0ere
Projected <nco$e State$ent " .ear Two
Can Feb Mar #pr May Cun Cul #ug Sep Oct /o :ec Totals
:epreciation - - - - - - - - - - - - -
<nterest
Co$$ercial ;oan - - - - - - - - - - - - -
Co$$ercial Mortgage - - - - - - - - - - - - -
;ine of Credit - - - - - - - - - - - - -
Credit Card :ebt - - - - - - - - - - - - -
=ehicle ;oans - - - - - - - - - - - - -
Other *ank :ebt - - - - - - - - - - - - -
Ta,es - - - - - - - - - - - - -
Total Other E,penses - - - - - - - - - - - - -
/et <nco$e - - - - - - - - - - - - -
Enter .our *usiness /a$e 0ere
Projected Cash Flow State$ent " .ear Two
Can Feb Mar #pr May Cun Cul #ug Sep Oct /o :ec Totals
*eginning Cash *alance - - - - - - - - - - - -
Cash <nflows
<nco$e fro$ Sales - - - - - - - - - - - - -
#ccounts Receiable - - - - - - - - - - - - -
Total Cash <nflows - - - - - - - - - - - - -
Cash Outflows
<nesting #ctiities
/ew Fi,ed #ssets Purchases - - - - - - - - - - - - -
<nentory #ddition to *al! Sheet - - - - - - - - - - - - -
Cost of Sales - - - - - - - - - - - - -
Operating #ctiities
Salaries and 4ages - - - - - - - - - - - - -
Fi,ed *usiness E,penses - - - - - - - - - - - - -
Ta,es - - - - - - - - - - - - -
Financing #ctiities -
;oan Pay$ents - - - - - - - - - - - - -
;ine of Credit <nterest - - - - - - - - - - - - -
;ine of Credit Repay$ents - - - - - - - - - - - - -
:iidends Paid - - - - - - - - - - - - -
Total Cash Outflows - - - - - - - - - - - - -
Cash Flow - - - - - - - - - - - - -
Operating Cash *alance - - - - - - - - - - - -
;ine of Credit :rawdowns - - - - - - - - - - - - -
Ending Cash *alance - - - - - - - - - - - -
;ine of Credit *alance - - - - - - - - - - - -
Enter .our *usiness /a$e 0ere
*alance Sheet " .ear Two
End of .ear One End of .ear Two
#ssets
Current #ssets
Cash - -
#ccounts Receiable - -
<nentory - -
Prepaid E,penses - -
Other Current - -
Total Current #ssets - -
Fi,ed #ssets
Real Estate";and - -
*uildings - -
;easehold <$proe$ents - -
E2uip$ent - -
Furniture and Fi,tures - -
=ehicles - -
Other Fi,ed #ssets - -
Total Fi,ed #ssets - -
;ess- #ccu$ulated :epreciation - -
Total #ssets - -
;iabilities and Owner>s E2uity
;iabilities
#ccounts Payable - -
/otes Payable - -
Mortgage Payable - -
Credit Card :ebt - -
=ehicle ;oans - -
Other *ank :ebt - -
;ine of Credit *alance - -
Total ;iabilities - -
Owner>s E2uity
Co$$on Stock - -
Retained Earnings - -
:iidends :ispersed - -
Total Owner>s E2uity - -
Enter .our *usiness /a$e 0ere
*alance Sheet " .ear Two
End of .ear One End of .ear Two
Total ;iabilities and Owner>s E2uity - -
Statement Balances Statement Balances
Enter .our *usiness /a$e 0ere
Projected <nco$e State$ent " .ear Three
Can Feb Mar #pr May Cun Cul #ug Sep Oct /o :ec Totals
<nco$e
ProductBSerice # - - - - - - - - - - - - -
ProductBSerice * - - - - - - - - - - - - -
-
-
Total <nco$e - - - - - - - - - - - - -
Cost of Sales
ProductBSerice # - - - - - - - - - - - - -
ProductBSerice * - - - - - - - - - - - - -
-
-
Total Cost of Sales - - - - - - - - - - - - -
Eross Margin - - - - - - - - - - - - -
Total Salary and 4ages - - - - - - - - - - - - -
Fi,ed *usiness E,penses
#dertising - - - - - - - - - - - - -
Car and Truck E,penses - - - - - - - - - - - - -
*ank 7 Merchant Fees - - - - - - - - - - - - -
Contract ;abor - - - - - - - - - - - - -
Conferences 7 Se$inars - - - - - - - - - - - - -
Custo$er :iscounts and Refunds - - - - - - - - - - - - -
:ues and Subscriptions - - - - - - - - - - - - -
Miscellaneous - - - - - - - - - - - - -
<nsurance &;iability and Property' - - - - - - - - - - - - -
;icensesBFeesBPer$its - - - - - - - - - - - - -
;egal and Professional Fees - - - - - - - - - - - - -
Office E,penses 7 Supplies - - - - - - - - - - - - -
Postage and :eliery - - - - - - - - - - - - -
Rent &on business property' - - - - - - - - - - - - -
Rent of =ehicles and E2uip$ent - - - - - - - - - - - - -
Sales 7 Marketing - - - - - - - - - - - - -
Ta,es"Other - - - - - - - - - - - - -
Telephone and Co$$unications - - - - - - - - - - - - -
Trael - - - - - - - - - - - - -
)tilities - - - - - - - - - - - - -
Total Fi,ed *usiness E,penses - - - - - - - - - - - - -
Other E,penses
#$orti+ed Start"up E,penses - - - - - - - - - - - - -
Enter .our *usiness /a$e 0ere
Projected <nco$e State$ent " .ear Three
Can Feb Mar #pr May Cun Cul #ug Sep Oct /o :ec Totals
:epreciation - - - - - - - - - - - - -
<nterest
Co$$ercial ;oan - - - - - - - - - - - - -
Co$$ercial Mortgage - - - - - - - - - - - - -
;ine of Credit - - - - - - - - - - - - -
Credit Card :ebt - - - - - - - - - - - - -
=ehicle ;oans - - - - - - - - - - - - -
Other *ank :ebt - - - - - - - - - - - - -
Ta,es - - - - - - - - - - - - -
Total Other E,penses - - - - - - - - - - - - -
/et <nco$e - - - - - - - - - - - - -
Enter .our *usiness /a$e 0ere
Projected Cash Flow State$ent " .ear Three
Can Feb Mar #pr May Cun Cul #ug Sep Oct /o :ec Totals
*eginning Cash *alance - - - - - - - - - - - -
Cash <nflows
<nco$e fro$ Sales - - - - - - - - - - - - -
#ccounts Receiable - - - - - - - - - - - - -
Total Cash <nflows - - - - - - - - - - - - -
Cash Outflows
<nesting #ctiities
/ew Fi,ed #ssets Purchases - - - - - - - - - - - - -
<nentory #ddition to *al!Sheet - - - - - - - - - - - - -
Cost of Sales - - - - - - - - - - - - -
Operating #ctiities
Salaries and 4ages - - - - - - - - - - - - -
Fi,ed *usiness E,penses - - - - - - - - - - - - -
Ta,es - - - - - - - - - - - - -
Financing #ctiities -
;oan Pay$ents - - - - - - - - - - - - -
;ine of Credit <nterest - - - - - - - - - - - - -
;ine of Credit Repay$ents - - - - - - - - - - - - -
:iidends Paid - - - - - - - - - - - - -
Total Cash Outflows - - - - - - - - - - - - -
Cash Flow - - - - - - - - - - - - -
Operating Cash *alance - - - - - - - - - - - -
;ine of Credit :rawdowns - - - - - - - - - - - - -
Ending Cash *alance - - - - - - - - - - - -
;ine of Credit *alance - - - - - - - - - - - -
Enter .our *usiness /a$e 0ere
*alance Sheet " .ear Three
End of .ear Two End of .ear Three
#ssets
Current #ssets
Cash - -
#ccounts Receiable - -
<nentory - -
Prepaid E,penses - -
Other Current - -
Total Current #ssets - -
Fi,ed #ssets
Real Estate";and - -
*uildings - -
;easehold <$proe$ents - -
E2uip$ent - -
Furniture and Fi,tures - -
=ehicles - -
Other Fi,ed #ssets - -
Total Fi,ed #ssets - -
;ess- #ccu$ulated :epreciation - -
Total #ssets - -
;iabilities and Owner>s E2uity
;iabilities
#ccounts Payable - -
/otes Payable - -
Mortgage Payable - -
Credit Card :ebt - -
=ehicle ;oans - -
Other *ank :ebt - -
;ine of Credit *alance - -
Total ;iabilities - -
Owner>s E2uity
Co$$on Stock - -
Retained Earnings - -
:iidends :ispersed - -
Total Owner>s E2uity - -
Enter .our *usiness /a$e 0ere
*alance Sheet " .ear Three
End of .ear Two End of .ear Three
Total ;iabilities and Owner>s E2uity - -
Statement Balances Statement Balances
Enter .our *usiness /a$e 0ere
Financial Ratios
Ratio .ear One .ear Two .ear Three RM#<ndustry /or$s
;i2uidity
Current Ratio F!F F!F F!F
Iuick Ratio F!F F!F F!F
Safety
:ebt to E2uity Ratio F!F F!F F!F
:ebt to Coerage Ratio F!F F!F F!F
Profitability
Sales Erowth F!FD F!FD F!FD
COES to Sales F!FD F!FD F!FD
Eross Profit Margin F!FD F!FD F!FD
SE7#to Sales F!FD F!FD F!FD
/et Profit Margin F!FD F!FD F!FD
Return on E2uity F!FD F!FD F!FD
Return on #ssets F!FD F!FD F!FD
Owner>s Co$pensation to Sales F!FD F!FD F!FD
Efficiency
:ays in Receiables F!F F!F F!F
#ccounts Receiable Turnoer F!F F!F F!F
:ays in <nentory F!F F!F F!F
<nentory Turnoer F!F F!F F!F
Sales to Total #ssets F!F F!F F!F
Enter .our *usiness /a$e 0ere
*reakeen #nalysis
*reakeen #nalysis :ollars Percent
#nnual Sales Reenue $ - 100.00%
Cost of Sales - 0.00%
Eross Margin - 0.00%
Salaries and 4ages -
Fi,ed Operating E,penses -
Total Fi,ed *usiness E,penses -
*reakeen Sales Calculation -
0.00%
*reakeen Sales in :ollars $ -
Enter .our *usiness /a$e 0ere
#$orti+ation Schedule
;oan Type #ssu$ptions Can Feb Mar #pr May Cun Cul #ug Sep Oct /o :ec Totals
Co$$ercial ;oan
Principal #$ount $ -
<nterest Rate 7.00%
;oan Ter$ in Months 84.00
Monthly Pay$ent #$ount $0.00
.ear One
<nterest - - - - - - - - - - - - -
Principal - - - - - - - - - - - - -
;oan *alance - - - - - - - - - - - -
.ear Two
<nterest - - - - - - - - - - - - -
Principal - - - - - - - - - - - - -
;oan *alance - - - - - - - - - - - -
.ear Three
<nterest - - - - - - - - - - - - -
Principal - - - - - - - - - - - - -
;oan *alance - - - - - - - - - - - -
Co$$ercial Mortgage
Principal #$ount $ -
<nterest Rate 8.00%
;oan Ter$ in Months 240.00
Monthly Pay$ent #$ount $0.00
.ear One
<nterest - - - - - - - - - - - - -
Principal - - - - - - - - - - - - -
;oan *alance - - - - - - - - - - - -
.ear Two
<nterest - - - - - - - - - - - - -
Principal - - - - - - - - - - - - -
;oan *alance - - - - - - - - - - - -
.ear Three
<nterest - - - - - - - - - - - - -
Principal - - - - - - - - - - - - -
;oan *alance - - - - - - - - - - - -
Credit Card :ebt
Principal #$ount $ -
<nterest Rate 7.00%
;oan Ter$ in Months 60.00
Monthly Pay$ent #$ount $0.00
.ear One
<nterest - - - - - - - - - - - - -
Principal - - - - - - - - - - - - -
;oan *alance - - - - - - - - - - - -
.ear Two
<nterest - - - - - - - - - - - - -
Principal - - - - - - - - - - - - -
;oan *alance - - - - - - - - - - - -
.ear Three
<nterest - - - - - - - - - - - - -
Principal - - - - - - - - - - - - -
;oan *alance - - - - - - - - - - - -
=ehicle ;oans
Principal #$ount $ -
<nterest Rate 6.00%
;oan Ter$ in Months 48.00
Monthly Pay$ent #$ount $0.00
.ear One
<nterest - - - - - - - - - - - - -
Principal - - - - - - - - - - - - -
;oan *alance - - - - - - - - - - - -
.ear Two
<nterest - - - - - - - - - - - - -
Principal - - - - - - - - - - - - -
;oan *alance - - - - - - - - - - - -
.ear Three
<nterest - - - - - - - - - - - - -
Principal - - - - - - - - - - - - -
;oan *alance - - - - - - - - - - - -
Other *ank :ebt
Principal #$ount $ -
<nterest Rate 5.00%
;oan Ter$ in Months 36.00
Monthly Pay$ent #$ount $0.00
.ear One
<nterest - - - - - - - - - - - - -
Principal - - - - - - - - - - - - -
;oan *alance - - - - - - - - - - - -
.ear Two
<nterest - - - - - - - - - - - - -
Principal - - - - - - - - - - - - -
;oan *alance - - - - - - - - - - - -
.ear Three
<nterest - - - - - - - - - - - - -
Principal - - - - - - - - - - - - -
;oan *alance - - - - - - - - - - - -
Enter .our *usiness /a$e 0ere
Financial :iagnostics
This sheet perfor$s a few tests on your nu$bers to see if they see$ within certain reasonable ranges!
Re$e$ber% no co$puter can tell whether your projections are truly well"constructed% only a hu$an can do that!
*ut these tests can at least look for alues that are critically out of range!
Financial :iagnostics =alue Findings
Eeneral Financing #ssu$ptions
Owner>s Cash <njection into the *usiness F!FD Owner's n!ect"n m#$t %e t"" l"w n relat"n t" t$e am"&nt "' m"ney nee(e(
Cash Re2uest as percent of Total Re2uired Funds F!FD )as$ re*&est seems reas"na%le wt$ res+ect t" t"tal re*&est
;oan #ssu$ptions
Co$$ercial ;oan <nterest rate J!FD ,nterest rate seems reas"na%le
Co$$ercial ;oan Ter$ in Months K6 -"an term seems wt$n ran#e '"r t$s ty+e "' l"an
Co$$ercial Mortgage <nterest rate K!FD ,nterest rate seems reas"na%le
Co$$ercial Mortgage Ter$ in Months 36F -"an term seems wt$n ran#e '"r t$s ty+e "' l"an
;oan Pay$ents as a Percent of Projected Sales F!FD )alc&late( l"an +ayments as a +ercent "' sales seem res"na%le
<nco$e State$ent
Eross Margin as a Percent of Sales F!FD .r"ss mar#n +ercenta#e seems /ery l"w
Owner>s Co$pensation ;ower ;i$it Check L " 0n "wner's c"m+ensat"n am"&nt $as n"t %een esta%ls$e(
Owner>s Co$pensation )pper ;i$it Check F!FD Owner's c"m+ensat"n seems reas"na%le
#dertising E,pense ;eels as a Percent of Sales F!FD 0(/ertsn# as a +ercent "' sales may %e t"" l"w
Profitability ;eels L " 1$e %&sness s s$"wn# a +r"'t
Profitability as a Percent of Sales F!FD 1$e +r"!ect"n ("es n"t seem $#$ly &nreas"na%le
Cash Flow State$ent
:esired Operating cash Flow ;eels L " 1$e 'nancal +r"!ect"n +r"/(es t$e (esre( le/el "' cas$ 'l"w
;ine of Credit :rawdowns L " 1$e %&sness ("esn't seem t" re*&re a lne "' cre(t
#ccounts Receiable Ratio to Sales F!FD 0cc"&nts rece/a%le am"&nt as a +ercent "' sales seems reas"na%le
*alance Sheet
:oes the *ase Period *alance Sheet *alanceM " 1$e %alance s$eet ("es %alance
:oes the Final *alance Sheet *alance " 1$e %alance s$eet ("es %alance
:ebt to E2uity Ratio F!FD 1$e (e%t t" e*&ty rat" seems reas"na%le
*reakeen #nalysis
*reakeen ;eels L " 1$e sales +r"!ect"n s less t$an t$e %rea2-e/en am"&nt