![]() For general use, try a wheel budget template. This template for a budget indicates estimated versus actual costs for individual items and automatically calculates the difference.Įvent budgeting templates itemise expenses, including costs for the venue, refreshments, entertainment and more, so you know where each penny goes. A family budgeting template can track monthly income, expenses, and cash flow and present the information visually.Īlternatively, you can use a household budget template in Excel. There are budget templates available for a variety of uses, covering budgets for your household, wedding, business, events, and college. A budget spreadsheet template will help you monitor your expenses with accuracy. If you’re looking for a budget template to keep track of your personal or business finances, then look no further. For example, if your budget balance is $2000 per month, and you initially invested $50,000 in your company, then you will get this money back after 25 months.Track your business finances with a budget template spreadsheet or graph Payback period is the time required to cover the costs of the initial investment.This kind of figure means that you should probably change your business model. A negative number indicates that something is very wrong with your company, as it loses money instead of earning it. If your business is profitable, it will be a positive number. Budget balance is the most critical number in this section. ![]() You should always have this kind of funds available to cover all monthly expenses. Total expenses is the amount of money you need to spend every month.Total income is the monthly income, or revenue, that your company brings per month.Again, this applies only if your business is not running yet – otherwise, you can safely ignore it. This is the money that you have to invest in your business before it can start bringing profit. Initial investment is the same as the one-time costs.It will provide you with some statistics that will hopefully be useful for you. Now, you can take a look at the summary section at the bottom of the calculator. From rent and utilities, through insurances and leases, to travel costsand office supplies, all of these expenses decrease your monthly budget balance.įilling out the whole business budget template was probably a lot of work. Monthly expenses - Includes all other expenses that you need to make every month through the whole lifetime of your business.Salaries - Appears as a separate expense category because you might want to split it into a few subcategories for benefits or commissions your employees receive.These costs are the initial costs of setting up your business and include categories such as equipment, furniture, initial marketing, and the cost of building up an initial inventory. One-time costs - This section applies to you only if you have not started a company yet.They include interest from funds you have placed in bank deposits or various grants and donations your business receives. Non-operating income - Streams of income that are not primary but also contribute to your business. ![]() We created four fields here so that you can separate your streams of income (for example, if you sell mugs and offer a customized print at an extra fee, you can enter income from basic sales and customization separately).
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