3 Year Financial Projection Worksheets for Businesses in the Turks and Caicos Islands

This excel workbook has been constructed to assist in making detailed business financial projections over a three year period.

Following are the abbreviations on the worksheet tabs (see below) and their meanings:
Instruct General Instructions for using the workbook
Sales Sales Forecast and explanations
Equip Intended Equipment purchases, costs and suppliers
Tools Intended Tool and Accessory purchases, costs and suppliers
Bldg Intended Building expenses or Building Improvement expenses, their costs and suppliers
Inventory Intended Opening Inventory and Supply purchases, costs and suppliers
Dep Equ. Depreciation Chart for Intended Purchases of Furnishings, Equipment and Building or Improvements
Dep Tls Depreciation Chart for Intended Purchases of Tools and Accessories
Exist Equip&Tls Listing and Depreciation Chart for Existing Equipment, Furnishings, Bldg, Tools, etc that will be used in the business
S&U Sources of Funding for Plans and Uses of those Funds
Amort Amortization Chart for projects receiving financial assistance
Bal Sht Business Balance Sheet as of the first day of the three year period
PL1 1st Year Proft and Loss Statement Projections
PL2&3 2nd and 3rd year Profit and Loss Statement Projections
Cash1 1st Year Cash Flow Statement Projections
Cash 2&3 2nd and 3rd year Cash Flow Statement Projections
Brk Even Break Even Analysis based on 1st Year Profit and Loss Statement
Prodn Production Planning Worksheet
Personal Personal Balance Sheet

Instructions for the completion of each worksheet are located below the charts and explanations

You can move between worksheets by clicking on the designated tab

You can see hidden tabs by using one of the four arrow keys located directly to the left of the tabs
|< moves your view of the tabs to the beginning worksheet tab
< move your view of the tabs to the left - one worksheet tab at a time
> moves your view of the tabs to the right - one worksheet tab at a time
>| moves your view of the tabs to the last worksheet tab - the Personal Tab
Print areas have been defined so that instructions will not be included when worksheets are printed
type owner's name here
Type business name here

SALES FORECAST
Year 1
$ -
Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Total

Year 2
$ -
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Total

Year 3
$ -
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Total

Explanation:
Year 1:

Years 2 & 3:

[Pages]08/05/202317:22:44
type owner's name here
Type business name here

Furnishing and Equipment

Import? Local Import

Qty Item Description Supplier (Y/N) $/Unit Sub Tot Sub Tot Duty Freight Total
$ - $0 $0 $0 $0
$ - $0 $0 $0 $0
$ - $0 $0 $0 $0
$ - $0 $0 $0 $0
$ - $0 $0 $0 $0
$ - $0 $0 $0 $0
$ - $0 $0 $0 $0
$ - $0 $0 $0 $0
$ - $0 $0 $0 $0
$ - $0 $0 $0 $0
$ - $0 $0 $0 $0
$ - $0 $0 $0 $0
$ - $0 $0 $0 $0
$ - $0 $0 $0 $0
$ - $0 $0 $0 $0
$ - $0 $0 $0 $0
$ - $0 $0 $0 $0
$ - $0 $0 $0 $0
$ - $0 $0 $0 $0
$ - $0 $0 $0 $0
$ - $0 $0 $0 $0
Total Equipment Expense $ - $0 $0 $0 0

Total Freight for Imported Items

type owner's name here
Type business name here

Tools and Accessories

Import? Local Import

Qty Item Description Supplier (Y/N) $/Unit Sub Tot Sub Tot Duty Freight Total
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
Total Tools Expense $ - $ - $ - $ - $ -

Total Freight for Imported Items

type owner's name here
Type business name here

Building and Improvements Materials

Import? Local Import

Qty Item Description Supplier (Y/N) $/Unit Sub Tot Sub Tot Duty Freight Total
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -

$ - $ - $ - $ - $ -
Hours Donated Labour $ - $ - $ - $ - $ -
Total Building Expense $ - $ - $ - $ - $ -

Total Freight for Imported Items

type owner's name here
Type business name here

Opening Inventory and Supplies

Unit Import? Local Import

Qty Item Description Supplier Descrip. (Y/N) $/Unit Sub Tot Sub Tot Duty Freight Total
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
$ - $ - $ - $ - $ -
Total Inventory Expense $ - $ - $ - $ - $ -

Total Freight for Imported Items

type owner's name here
Type business name here

Depreciation Table - New Equipment and Building or Improvements

#3 minus #5 #7/#5/12mth
1 2 $ 3 4 $ 5 $ 6 $ 7
Qty Item Cost Yrs/Life Salvage Dep. Amt. Mth. Dep.
0 0 $ - $ - $ -
0 0 $ - $ - $ -
0 0 $ - $ - $ -
0 0 $ - $ - $ -
0 0 $ - $ - $ -
0 0 $ - $ - $ -
0 0 $ - $ - $ -
0 0 $ - $ - $ -
0 0 $ - $ - $ -
0 0 $ - $ - $ -
0 0 $ - $ - $ -
0 0 $ - $ - $ -
0 0 $ - $ - $ -
0 0 $ - $ - $ -
0 0 $ - $ - $ -
0 0 $ - $ - $ -
0 0 $ - $ - $ -
0 0 $ - $ - $ -
0 0 $ - $ - $ -
0 0 $ - $ - $ -
0 0 $ - $ - $ -
1 Building $ - $ - $ -
$ - $ - $ - $ -
type owner's name here
Type business name here

Depreciation Table - Tools

#4 minus #6
2 3 $ 4 5 $ 6 $ 7
Qty Item Cost Yrs/Life Salvage Dep. Amt.
0 0 $ - $ -
0 0 $ - $ -
0 0 $ - $ -
0 0 $ - $ -
0 0 $ - $ -
0 0 $ - $ -
0 0 $ - $ -
0 0 $ - $ -
0 0 $ - $ -
0 0 $ - $ -
0 0 $ - $ -
0 0 $ - $ -
0 0 $ - $ -
0 0 $ - $ -
0 0 $ - $ -
0 0 $ - $ -
0 0 $ - $ -
0 0 $ - $ -
0 0 $ - $ -
0 0 $ - $ -
0 0 $ - $ -
0 0 $ - $ -
$ - $ - $ -

$ - $ - $ -
#7/#5/12mth
$ 8
Mth. Dep.
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -

$ -
type owner's name here
Type business name here

Depreciation Table - Existing Tools, Equipment and Building

Formulas #4 minus #6 #7/#5/12mth #9*12 mth*#8 #4 minus #10

1 2 3 4 5 6 7 8 9 10 11
Purch Date Qty Item Cost Yrs/Life Salvage Dep. Amt. Mth. Dep. Yrs in Serv Dep to Date Pres Value
$0 $0 $0 $0
$0 $0 $0 $0
$0 $0 $0 $0
$0 $0 $0 $0
$0 $0 $0 $0
$0 $0 $0 $0
$0 $0 $0 $0
$0 $0 $0 $0
$0 $0 $0 $0
$0 $0 $0 $0
$0 $0 $0 $0
$0 $0 $0 $0
$0 $0 $0 $0
$0 $0 $0 $0
$0 $0 $0 $0
$0 $0 $0 $0
$0 $0 $0 $0
$0 $0 $0 $0
$0 $0 $0 $0
$0 $0 $0 $0
$0 $0 $0 $0
$0 $0 $0 $0
$0 $0 $0 $0
Totals $0 $0 $0 $0 $0 $0
Total Monthly Depreciation - all Fixed Assets $ -
type owner's name here
Type business name here

Uses and Sources of Funds

USES SOURCES
Amount Personal Financing
Uses of Funds Sources Needed
New Furniture & Equipment $0 0

Tools and Accessories $0

Extisting Tools, Equip, Building $0 0

Pre-Operating Costs
Building and Improvements $0 0 0
Licenses and Registration 0
Insurance 0
Advertising 0
Total Pre-Operating Cost $0

Working Capital
Cash $0
Inventory $0 $0
Other $0
Total Working Capital $0

TOTAL USES OF FUNDS $0 0 0

Detail of Sources of Funds

Bank Loan $0
Supplier Credit
Personal Savings $0
In-kind Labor $0
In-Kind Existing Fixed Assets $0
Other In-Kind

TOTAL SOURCES OF FUNDS $0

type owner's name here
Type business name here

Amortization Chart

Bank Loan Amount $0

Interest Rate
Term
Monthly Payment $0.00

Year 1
Month 1 2 3 4 5 6 7 8 9 10 11 12 Year 1
Beginning Princ. Bal. $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Totals
Monthly Payment $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Interest Payment $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Principal Payment $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Ending Princ. Bal. $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Year 2 Year 3
Quarter 1 2 3 4 Year 2 Quarter 1 2 3 4 Year 3
Beginning Princ. Bal. $0 $0 $0 $0 Totals Beginning Princ. Bal. $0 $0 $0 $0 Totals
Monthly Payment $ - $ - $ - $ - $0 Monthly Payment $ - $ - $ - $ - $0
Interest Payment $ - $ - $ - $ - $0 Interest Payment $ - $ - $ - $ - $0
Principal Payment $ - $ - $ - $ - $0 Principal Payment $ - $ - $ - $ - $0
Ending Princ. Bal. $ - $ - $ - $ - Ending Princ. Bal. $ - $ - $ - $ -
type owner's name here
Type business name here

Business Balance Sheet

As of : (Expected Starting Date)

Assets Liabilities
Current Assets Current Liabilities
Cash $ - Suppliers Credit $0
Inventory $ - Other Accounts Payable
Prepaid Lic. and Reg. $ -
Prepaid Insurance $ - Long-Term Liabilities
Prepaid Advertising $ - New Bank Loan $0
Other $ - Existing Loans
Total Current Assets $ - Total Liabilites $0

Fixed Assets Owner's Equity

New Equipment $ - Cash Contribution $0
New Tools & Access. $ - InKind contribution $0
New Building or Improvements $ - Existing Equipment $0
Existing Tools, Equip, Building $ - Existing Land $0
Existing Land Total Owner's Equity $0
Total Fixed Assets $ -
Total Assets $ - Total Liabilities and Owner's Equity $0
type owner's name here
Type business name here

Profit and Loss Statement - Year 1

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 TOTAL
Income
Sales $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Other Income $0
Total Income $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Cost of Goods Sold $0
Gross Profit $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Expenses
Salaries and Wages $0
National Insurance $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Health Insurance $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Office Supplies $0
Depreciation $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Water $0
Electricity $0
Cable $0
Telephone $0
Advertising $0
Maintenance $0
Insurance $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Licenses& Reg. $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Security $0
Vehicle Expenses
Bank Charges
Professional Fees
Interest $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Miscellaneous $0
Total Expense $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Profit or Loss $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Explanations:
type owner's name here
Type business name here

Profit and Loss Statement - Year 2 Profit and Loss Statement - Year 3

QTR 1 QTR 2 QTR 3 QTR 4 TOTAL QTR 1 QTR 2 QTR 3 QTR 4 TOTAL
Income Income
Sales $0 $0 $0 $0 $0 Sales $0 $0 $0 $0 $0
Other Income $0 Other Income $0
Total Income $0 $0 $0 $0 $0 Total Income $0 $0 $0 $0 $0
Cost of Goods Sold $0 $0 $0 $0 $0 Cost of Goods Sold $0 $0 $0 $0 $0
Gross Profit $0 $0 $0 $0 $0 Gross Profit $0 $0 $0 $0 $0

Expenses Expenses
Salaries and Wages $0 Salaries and Wages $0
National Insurance $0 $0 $0 $0 $0 National Insurance $0 $0 $0 $0 $0
Health Insurance $0 $0 $0 $0 $0 Health Insurance $0 $0 $0 $0 $0
Office Supplies $0 Office Supplies $0
Depreciation $0 $0 $0 $0 $0 Depreciation $0 $0 $0 $0 $0
Rent $0 Rent $0
Water $0 Water $0
Electricity $0 Electricity $0
Cable $0 Cable $0
Telephone $0 Telephone $0
Advertising $0 Advertising $0
Maintenance $0 Maintenance $0
Insurance $0 $0 $0 $0 $0 Insurance $0 $0 $0 $0 $0
Licenses& Registration $0 $0 $0 $0 $0 Licenses& Registrati $0 $0 $0 $0 $0
Security $0 Security $0
Vehicle Expenses $0 Vehicle Expenses $0
Bank Charges $0 Bank Charges $0
Training $0 Training $0
Professional Fees $0 Professional Fees $0
Interest $0 $0 $0 $0 $0 Interest $0 $0 $0 $0 $0
Miscellaneous $0 Miscellaneous $0
Total Expense $0 $0 $0 $0 $0 Total Expense $0 $0 $0 $0 $0

Profit or Loss $0 $0 $0 $0 $0 Profit or Loss $0 $0 $0 $0 $0

type owner's name here
Type business name here

Cash Flow Statement - Year 1

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 TOTAL
Cash Receipts
Cash Sales $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
Credit Collections $ -
Loans or Invested Cash $ -
Miscellaneous Receipts $ -
Total Cash Received $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -

Expenses
Inventory Purchases $ -
Salaries and Wages $ -
National Insurance $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
Health Insurance $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
Office Supplies $ -
Rent $ -
Water $ -
Electricity $ -
Cable $ -
Telephone $ -
Advertising $ -
Maintenance $ -
Insurance $ -
Licenses/Regis/Fees $ -
Fixed Asset Purchases $ -
Security $ -
Vehicle Expenses $ -
Bank Charges $ -
Training $ -
Professional Fees $ -
Miscellaneous $ -
Loan Payments $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
Owner's Draw $ -
Total Disbursed $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -

Beginning Cash $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -

Cash Receipts $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
Cash Disbursments $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
Receipts Less Disbursements $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -

Cummulative Cash Flow $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -

type owner's name here
Type business name here

Cash Flow Statement - Year 2 Cash Flow Statement - Year 3

QRT 1 QRT 2 QRT 3 QRT 4 TOTAL QRT 1 QRT 2 QRT 3 QRT 4 TOTAL
Cash Receipts Cash Receipts
Cash Sales $ - $ - $ - $ - $ - Cash Sales $ - $ - $ - $ - $ -
Credit Collections $ - Credit Collections $ -
Loans or Invested Cash $ - Loans or Invested Cash $ -
Miscellaneous Receipts $ - Miscellaneous Receipts $ -
Total Cash Received $ - $ - $ - $ - $ - Total Cash Received $ - $ - $ - $ - $ -

Expenses Expenses
Inventory Purchases $ - Inventory Purchases $ -
Salaries and Wages $ - Salaries and Wages $ -
National Insurance $ - $ - $ - $ - $ - National Insurance $ - $ - $ - $ - $ -
Health Insurance $ - $ - $ - $ - $ - Health Insurance $ - $ - $ - $ - $ -
Office Supplies $ - Office Supplies $ -
Rent $ - Rent $ -
Water $ - Water $ -
Electricity $ - Electricity $ -
Telephone $ - Telephone $ -
Cable $ - Cable $ -
Advertising $ - Advertising $ -
Maintenance $ - Maintenance $ -
Insurance $ - Insurance $ -
Licenses/Regis/Fees $ - Licenses/Regis/Fees $ -
Fixed Asset Purchases $ - Fixed Asset Purchases $ -
Security $ - Security $ -
Vehicle Expenses $ - Vehicle Expenses $ -
Bank Charges $ - Bank Charges $ -
Training $ - Training $ -
Professional Fees $ - Professional Fees $ -
Miscellaneous $ - Miscellaneous $ -
Loan Payments $ - $ - $ - $ - $ - Loan Payments $ - $ - $ - $ - $ -
Owner's Draw $ - Owner's Draw $ -
Total Disbursed $ - $ - $ - $ - $ - Total Disbursed $ - $ - $ - $ - $ -

Beginning Cash $ - $ - $ - $ - Beginning Cash $ - $ - $ - $ -

Cash Receipts $ - $ - $ - $ - Cash Receipts $ - $ - $ - $ -

Cash Disbursments $ - $ - $ - $ - Cash Disbursments $ - $ - $ - $ -
Receipts Less Disbursements $ - $ - $ - $ - Receipts Less Disbursements $ - $ - $ - $ -

Cummulative Cash Flow $ - $ - $ - $ - Cummulative Cash Flow $ - $ - $ - $ -

type owner's name here
Type business name here

Breakeven Analysis

Year 1
Income Total
Sales 0
V=Variable
F=Fixed If Semi-Variable, Indicate
S=Semi-variable percentage Variable & Fixed Variable Fixed
Indicate type of Expense in Type Column Type (V,F,S) % Variable % Fixed Expense Expense
Cost of Goods Sold $ - V 0 0

Expenses
Salaries and Wages $ - 0 0
National Insurance $ - F 0 0
Health Insurance $ - F 0 0
Office Supplies $ - 0 0
Depreciation $ - F 0 0
Rent $ - 0 0
Water $ - 0 0
Electricity $ - 0 0
Cable $ - 0 0
Telephone $ - 0 0
Advertising $ - 0 0
Maintenance $ - 0 0
Insurance $ - 0 0
Licenses& Reg. $ - F 0 0
Security $ - 0 0
Vehicle Expenses $ - 0 0
Bank Charges $ - 0 0
Training $ - 0 0
Professional Fees $ - 0 0
Interest $ - F 0 0
Miscellaneous $ - 0 0
Total Fixed and Variable Costs 0 0

Break-Even Point = Fixed Cost/((Sales-Variable Cost)/Sales)

Break Even Point #DIV/0!

type owner's name here
Type business name here

Production Process and Planning Worksheet

Descrip: Production Item Batch Size

Process and Materials to produce one batch

Action Materials Material $ Equipment Tools Employees Hours Wages $ COGS
$ - $ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
Total Costs $ - $ - $ -
Cost per Items #DIV/0!
type owner's name here
Type business name here

Personal Balance Sheet

As of:

Assets Liabilities & Owner's Equity

Current Assets Current Liabilities
Cash Credit Cards
Accounts Receivable Accounts Payable
Prepaid Expenses Other
Other Total Current Liabilities $ -
Total Current Assets $ -
Long-Term Liabilities
Investments (Stocks, Bonds, etc) Bank Loans
Other
Fixed Assets Total Long-Term Liabilities $ -
Furnishing
Equipment
Tools & Appliances
Building Owner's Equity $ -
Land
Vehicles
Other
Total Fixed $ -
TOTAL ASSETS $ - TOTAL OWNER'S EQUITY AND LIABILITIES $ -