Instructions for completion of five-year pro-forma financ most of the spreadsheet to be viewed on the screen. Increase the zoom for specific instructions listed on this instruction page are also shown on th 1, 2 and 3 are shown on a monthly basis and years 4 and 5 are shown on a q worksheets are preset for printing 1 page per year with year 4 and 5 on a are important numbers or subtotals. Pink, orange or light blue are used f long-term assets, current assets and items that are expensed. Depreciatio automatically calculate the depreciation/amortization of the long-term ass Worksheet Headings: In cell Row 2, Column C enter the name of the business (this will automati In cell Row 4, Column B enter the year the business will begin (all future In cell Row 4, Column D enter the month the business will begin (all futur month - eg. January = 1 … December = 12). Years 4 and 5 show quarters 1 - 4 as the default, any changes to this must Columns BE - BH and BL - BO. Long-Term Assets: will allow you to purchase assets throughout the five-year start up. Organization Costs: marketing, consultants, etc.) This will be expensed over 60 months. An e owner capital (row 33) or previous loan/line of credit (row 29 or 36). Current Assets: cash provided or withdrawn should be added in future months (this should a owner investment or withdrawal in row 33). or amounts refunded in future months (if refunded in lieu of a payment it this is unlikely). later month, they should be subtracted and shown as an expense. Accounts Payable: Previous Long-Term Debt: lease, vehicle loan, etc.). Total Funding Needs: General Information - All worksheets are preset to be viewed at 50%. This Colors - green and purple indicate key numbers that transfer to the financ The StartUp Worksheet will help determine the business start up needs. Th In Rows 7 - 14: Insert the cost of the long-term asset(s) in the month in In Row 16: Insert the amount spent in organizing or starting up the busine In Row 21: Indicate the amount of cash needed to start the business until In Row 22: Insert the total amount of deposits for the start of the month. In Row 23: Any previous accounts that are due TO the business at start-up In Row 24: Any general supplies provided at start-up should be shown here. In Row 25: Insert the amount of inventory needed for the initial start of In Row 28: Any amount that is due FROM the business to vendors at start-up In Row 29: Insert any prior long-term debt brought into the business (such In Row 31: The amount of funding needs are the requirements to start the b
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Instructions for completion of five-year pro-forma financial statements.
most of the spreadsheet to be viewed on the screen. Increase the zoom for easier viewing. All of the specific instructions listed on this instruction page are also shown on the worksheets as red flags. Years1, 2 and 3 are shown on a monthly basis and years 4 and 5 are shown on a quarterly basis. All worksheets are preset for printing 1 page per year with year 4 and 5 on a fourth page.
are important numbers or subtotals. Pink, orange or light blue are used for other subtotals.
long-term assets, current assets and items that are expensed. Depreciation and amortization tables automatically calculate the depreciation/amortization of the long-term assets each month.
Worksheet Headings:In cell Row 2, Column C enter the name of the business (this will automatically place it on all worksheets).In cell Row 4, Column B enter the year the business will begin (all future years are based on this year).In cell Row 4, Column D enter the month the business will begin (all future months are based on thismonth - eg. January = 1 … December = 12). Years 4 and 5 show quarters 1 - 4 as the default, any changes to this must be done manually in Row 4,Columns BE - BH and BL - BO.
Long-Term Assets:
will allow you to purchase assets throughout the five-year start up.
Organization Costs:
marketing, consultants, etc.) This will be expensed over 60 months. An equal amount should show up in owner capital (row 33) or previous loan/line of credit (row 29 or 36).
Current Assets:
cash provided or withdrawn should be added in future months (this should also be shown as additional owner investment or withdrawal in row 33).
or amounts refunded in future months (if refunded in lieu of a payment it should be shown as an expense).
this is unlikely).
later month, they should be subtracted and shown as an expense.
Accounts Payable:
Previous Long-Term Debt:
lease, vehicle loan, etc.).
Total Funding Needs:
General Information - All worksheets are preset to be viewed at 50%. This allows for a full year and
Colors - green and purple indicate key numbers that transfer to the financial statements. Yellow and blue
The StartUp Worksheet will help determine the business start up needs. They are broken down into
In Rows 7 - 14: Insert the cost of the long-term asset(s) in the month in which it will be purchased. This
In Row 16: Insert the amount spent in organizing or starting up the business (legal expenses, studies,
In Row 21: Indicate the amount of cash needed to start the business until fully functional. Any additional
In Row 22: Insert the total amount of deposits for the start of the month. Indicate any additional deposits
In Row 23: Any previous accounts that are due TO the business at start-up should be shown here (usually
In Row 24: Any general supplies provided at start-up should be shown here. When they are used in a
In Row 25: Insert the amount of inventory needed for the initial start of the business (the first month only).
In Row 28: Any amount that is due FROM the business to vendors at start-up should be inserted here.
In Row 29: Insert any prior long-term debt brought into the business (such as a business mortgage or
In Row 31: The amount of funding needs are the requirements to start the business based on your
previous inputs in Rows 7 - 29.
Owner Capital or Stock Investment:
needs (typically the bank requires 20% of funding needs from the individual(s) in order to receive a bank loan). This is the total amount the owner provides the business at start up.
Drawing:
Proposed Loan:
Line of Credit:
Use of Cash to Purchase Assets:
investment or loan proceeds).
Depreciation & Amortization:
assets are purchased (these are based on IRS regulations using straight-line, full-year depreciation - if you
Other Guidelines:The amount of assets, liabilities and equity the owner contributes should go into the beginning balance.The proposed loan can occur before the business starts or in month 1 (usually in month 1).
put into cash or other assets. If the balance is a negative amount, owner capital should be increased.If beginning working capital (deposits, supplies) is used in a later month, this should be reflected when use
There are four options - select the one best suited for your type of business. The revenues are the key to many of the future calculations and bottom-line financial results. All entries made in the first month are automatically duplicated for the rest of the year (these may be changed manually). All revenues for year one are automatically duplicated in years two through five. These may be adjusted manually orautomatically using Rows 6 through 8.
percentage increase from the prior year - for an increase it must be greater than 100%). This will automatically calculate the revenue for that month and the entire year unless changed manually.
and increases must be greater than 100% (this price will automatically calculate for the entire year unless changed manually).
prices. Typically this is left at 100% because any price increase will increase the cost of sales by the same ratio. This would need to be adjusted if inventory costs increase or decrease more or less than the previous year. The monthly percentage input is used for the entire year unless manually changed.
the February days in a month from 28 to 29 in the appropriate year.
In Row 33 initial column (E): Insert the amount of capital (equity) or stock being used to cover funding
In Row 33 subsequent columns (F+): Additional investment should be shown in the month of investment.
In Row 34 the owner withdrawals in each month should be shown (similar to the owner's salary).
In Row 35: Enter the amount you propose to receive from a loan.
In Row 36: Enter any amount drawn on the line of credit.In Row 37: Enter any payments made to reduce the line of credit balance.
In Row 39: Enter the amount of cash from the business used to purchase assets (not cash from owner
In Rows 48 - 77: Depreciation and amortization are calculated automatically based upon when long-term
wish to accelerate depreciation, consult your accountant). NO entries are required.
The use of cash (orange row) must equal zero. If the balance is a positive amount, the balance should be
as a negative amount and also shown as an expense in the same month (in the Expense Worksheet).
The Revenue Worksheet will be used to calculate your estimated revenues and the cost of goods sold.
In Row 6 you may enter a growth rate for the number of units/items being sold (this is shown as a
In Row 7 you may enter a sales price increase (or decrease). This is based upon the prior year prices.
In Row 8 you may enter a cost of sales price increase (or decrease). This is based upon the prior year
Revenue calculations are based on a 365 day year. To adjust for leap years go to Row 122 and change
Option A:Option A projects sales of multiple items / products with individual average price and cost of sales figures.This is useful for businesses selling several high dollar items with different costs and selling prices.
to do this for each month for all of the years.
Continue to do this for each month for all of the years.
This will calculate automatically for each month unless changed.
In Row 8, 15, 22, 29 and 36 insert the number of units/items you will sell during the month. Continue
In Row 9, 16, 23, 30 and 37 insert the average cost for each of the units / items for the month.
In Row 12, 19, 26, 33 and 40 type in the percentage of sales that the units / items cost you to acquire.
Option B:Option B projects sales of multiple products with a different average price and cost of sales, and variation of sales for each day of the week. This is useful for restaurants serving up to three meals per day.
do this for each month for all of the years.
week. Continue to do this for each month for all of the years.
will calculate automatically for each month unless changed.
Option C:Option C projects sales of all products with a total cost of sales percentage entered on a monthly basis .This is useful for a business selling a large variety of products/services, a total for the month and average cost is used.
month for all of the years.
calculate automatically for each month unless changed.
Option D:Option D projects sales of all products with a total cost of sales percentage based upon the percentage of annual sales for each month. This is useful for seasonal businesses.
each month for all of the years. Make sure the percentage for each year equals 100.00%.
calculate automatically for each month unless changed.
much will be on hand at the end of the month. Select between two options to calculate this. Figures are
Option A:Option A maintains inventory based upon having an inventory factor "x" times the amount of sales for the month.
estimated sales times this number or multiplication factor (the number will automatically calculate for the remaining months unless changed).
Option B:Option B allows you to determine the minimum baseline amount of inventory desired, in addition to the projected sales for the following month.
the following month's sales). This will remain the same for every month unless changed.
Based upon whether you decided your inventory using Option A or B, type in the letter here.
The entire worksheet is automated once the percentage collected by month is entered. Figures are
In Row 47, 63 and 79 insert the average price for each of the units / items for the month. Continue to
In Row 49, 65 and 81 estimate the number of customers (paying the average price) for each day of the
In Row 61, 77 and 93 type in the percentage of sales that the units / items cost you to acquire. This
In Row 99 insert the total amount will sell during the month in dollars. Continue to do this for each
In Row 101 type in the percentage of sales that the units / items cost you to acquire. This will
In Row 104 insert the total amount of sales for the year in dollars. In Row 105 enter the percentage of annual sales anticipated during the month. Continue to do this for
In Row 108 type in the percentage of sales that the units / items cost you to acquire. This will
The Inventory Worksheet will be used to determine how much inventory needs to be purchased and how
automatically calculated based upon figures in the Revenues Worksheet.
In Row 7 select the amount of inventory you wish to have at month end, based upon the current month's
In Row 10 the amount of inventory purchased must be greater than StartUp worksheet Cell F25.
In Cell E,16 select the minimum amount of inventory you wish to have (this is in addition to inventory for
Select only one letter. Make sure inventory is not a negative amount.
The Collections Worksheet is used to show when collections of cash flow into the business each month.
pulled from the Revenues Worksheet.
Accounts Receivable:
following the sale (This is set to 100% as the default.)
is shown in the month of the sale.
Sales:
is set to 100% as the default.)
month of the sale.
They may be calculated hourly and/or monthly with or without benefits. Pay for each category will beautomatically calculated with monthly totals.
Monthly Employees:
a zero for each month until you reach the starting month and year.
Hourly Employees:
a zero for each month until you reach the starting month and year.
Payroll Taxes:
comp insurance. This is generally 15% of gross pay. (This 15% default percentage can be changed.)
Benefits:Estimated percentage of gross pay that is spent on benefits to employees such as health and life insurance, tuition assistance, etc. Default assumes no benefits (0%). Once a percentage is put in the total cost is automatically calculated.
Pay Increases:Beginning in year two, pay increases can be automatically calculated for employees in each category (to allow for different pay increases). These automatic calculations can be changed manually.
schedules are automatically calculated.
Proposed Loan:
In Cell D-7 (Column D, Row 7) enter the percentage of accounts receivable collected in the month
In Cell D-8 enter the percentage of accounts receivable collected two months following the sale.In Cell D-9 enter the percentage of accounts receivable collected three months following the sale.In Cell D-10 enter the percentage of accounts receivable collected four months following the sale.In Cell D-11 enter the percentage of accounts receivable that will never be collected. This estimation
In Cell D-17 (Column D, Row 17) enter the percentage of sales collected in the month of the sale. (This
In Cell D-18 enter the percentage of sales to be collected in the month following the sale.In Cell D-19 enter the percentage of sales to be collected two months following the sale.In Cell D-20 enter the percentage of sales to be collected three months following the sale.In Cell D-21 enter the percentage of sales that will never be collected. This estimation is shown in the
The Personnel Worksheet projects personnel needs for the business based upon when they start work.
In Column A, Rows 7-16 enter the name of the person and/or position.In Column C, Rows 7-16 enter the annual salary for each employee listed.In Column D, Rows 7-16 enter the month the employee will start work. If it is beyond the first year, type
In Column A, Rows 18-33 enter name of the person and/or position.In Column B, Rows 18-33 enter the number of hours each employee works each week.In Column C, Rows 18-33 enter the hourly rate for each employee listed.In Column D, Rows 18-33 enter the month the employee will start work. If it is beyond the first year, type
In Cell D-40 (Column D, Row 40) enter the percentage of payroll to cover payroll taxes and workman's
The Loans Worksheet shows all previous and proposed loans and lines of credit. Principal and interest
The amount in Cell C-7 comes automatically from the StartUp Worksheet.In Cell C-8 (Column C, Row 8) enter the interest rate for the proposed loan.
Previous Loan #1:
Previous Loan #2:
Line of Credit:
calculated on the previous month's remaining balance.
Depreciation, bad debt expense, interest, payroll and payroll taxes/benefits are automatically calculated for each month and shown in yellow. The totals will automatically go to the income statement.
Expenses entered in year one are automatically duplicated in years two through five but can be changed manually.
based upon 100% of year one expenses). The first month entered will automatically calculate for the entire year unless manually changed.
Cash flow and accounts payable are automatically calculated.
Accounts Payable:
purchase. (This is set to 100% as the default.)
Inventory:
worksheet and adjust the purchases for the month upward.
(This is set to 100% as the default.)
In Cell C-9 enter the number of months it will take to pay back the loan.
In Cell C-17 enter the principal amount previously borrowed.In Cell C-18 enter the interest rate.In Cell C-19 enter the number of months it will take to pay back the loan.
In Cell C-27 enter the principal amount previously borrowed.In Cell C-28 enter the interest rate.In Cell C-29 enter the number of months it will take to pay back the loan.
The amount in Cell D-46 comes automatically from the StartUp Worksheet. Interest expense is
In Cell C-43 enter the interest rate.
The Expense Worksheet is used to enter the projected expenses for each month. All start up expenses entered in the StartUp Needs worksheet will automatically appear in the first month of operation.
In Rows 7-43 For each expense item, enter the estimated costs for each month for all the years. Lines that are colored in yellow are automatically calculated and should NOT be changed.
In Row 6 beginning in year two an inflation factor can be built in for all expenses not in yellow (this is
Rows 46, 47 and 49 are calculations used for financial statement worksheets and should not be altered.
The Payments Worksheet is used to show when all purchases and expenses are paid in each month.
The beginning accounts payable is pulled from the StartUp Worksheet.In Cell D-7 (Column D, Row 7) enter the percentage of accounts payable paid in the month following the
In Cell D-8 enter the percentage of accounts payable paid two months following the purchase.In Cell D-9 enter the percentage of accounts payable paid three months following the purchase.In Cell D-10 enter the percentage of accounts payable paid four months following the purchase.
The beginning inventory is pulled from the StartUp Worksheet.In Row 14 make sure inventory purchases are not a negative amount, if they are go to the Inventory
In Cell D-16 (Column D, Row 16) enter the percentage of inventory paid in the month of the purchase.
In Cell D-17 enter the percentage of inventory paid in the month following the purchase.In Cell D-18 enter the percentage of inventory paid two months following the purchase.In Cell D-19 enter the percentage of inventory paid three months following the purchase.
Expenses:
(This is set to 100% as the default.)
and provide hints as to the amount and month the error was entered. These rows should not be altered.
If the business has no inventory, several ratios will appear as #DIV/0!. These should be changed to n/a.
All expenses are pulled from the Expenses Worksheet.In Cell D-26 (column D, Row 26) enter the percentage of expenses paid in the month of the purchase.
In Cell D-27 enter the percentage of expenses paid in the month following the purchase.In Cell D-28 enter the percentage of expenses paid two months following the purchase.
The Income Statement Worksheet is automatically prepared using previous worksheet inputs.
The Balance Sheet Worksheet is automatically prepared using previous worksheet inputs.
Rows 48 and 49 provide check figures for worksheet entries. Monthly and cumulative errors are shown
The Cash Flow Statement Worksheet is automatically prepared using previous worksheet inputs.
The Ratios Worksheet is automatically prepared using financial statement figures.
In cell Row 2, Column C enter the name of the business (this will automatically place it on all worksheets).
marketing, consultants, etc.) This will be expensed over 60 months. An equal amount should show up in
or amounts refunded in future months (if refunded in lieu of a payment it should be shown as an expense).
- green and purple indicate key numbers that transfer to the financial statements. Yellow and blue
: Indicate the amount of cash needed to start the business until fully functional. Any additional
: Insert the total amount of deposits for the start of the month. Indicate any additional deposits
the business at start-up should be shown here (usually
: Insert the amount of inventory needed for the initial start of the business (the first month only).
assets are purchased (these are based on IRS regulations using straight-line, full-year depreciation - if you
If beginning working capital (deposits, supplies) is used in a later month, this should be reflected when use
There are four options - select the one best suited for your type of business. The revenues are the key to
same ratio. This would need to be adjusted if inventory costs increase or decrease more or less than the
: Additional investment should be shown in the month of investment.
: Depreciation and amortization are calculated automatically based upon when long-term
must equal zero. If the balance is a positive amount, the balance should be
will be used to calculate your estimated revenues and the cost of goods sold.
Option A projects sales of multiple items / products with individual average price and cost of sales figures.
ype in the percentage of sales that the units / items cost you to acquire.
Option B projects sales of multiple products with a different average price and cost of sales, and variation
This is useful for a business selling a large variety of products/services, a total for the month and average
Option D projects sales of all products with a total cost of sales percentage based upon the percentage of
Option A maintains inventory based upon having an inventory factor "x" times the amount of sales for the
estimate the number of customers (paying the average price) for each day of the
will be used to determine how much inventory needs to be purchased and how
select the amount of inventory you wish to have at month end, based upon the current month's
select the minimum amount of inventory you wish to have (this is in addition to inventory for
is used to show when collections of cash flow into the business each month.
enter the percentage of sales collected in the month of the sale. (This
projects personnel needs for the business based upon when they start work.
enter the month the employee will start work. If it is beyond the first year, type
enter the month the employee will start work. If it is beyond the first year, type
shows all previous and proposed loans and lines of credit. Principal and interest
Expenses entered in year one are automatically duplicated in years two through five but can be changed
is used to enter the projected expenses for each month. All start up expenses
enter the percentage of accounts payable paid in the month following the
Enter the month your business will begin in numerical form (ex. Jan. = 1, etc.).
A5
This worksheet will help determine the business start up needs. They are broken down into long-term assets, current assets and items that are expensed. Depreciation tables automatically calculate the depreciation of the long-term assets each month.
E7
Insert the cost of the long-term asset in the month in which it will be purchased. This will allow you to purchase assets throughout the five-year start up.
E16
Insert the amount spent in organizing or starting up the business (legal expenses, studies, marketing, consultants, etc. This will be expensed over 60 months. An equal amount should show up in owner capital (row 33).
E21
Indicate the amount of cash needed to start the business until fully functional. Any additional cash provided or withdrawn should be added in future months.
E22
Insert the total amount of deposits for the start of the month. Indicate any additional or amounts refunded in future months.
E23
Any previous accounts that are due TO the business at start-up should be shown here (usually this is unlikely).
E24
Any general supplies provided at start-up should be shown here. When they are used in a later month, they should be subtracted and shown as an expense.
E25
Insert the amount of inventory needed for the initial start of the business (the first month only).
E28
Any amount that is due FROM the business to vendors at start-up should be shown here.
E29
Insert any prior long-term debt brought into the business.
E31
The amount of funding needs are the requirements to start the business. Typically capital (equity) or stock is required from the owners for 20% of these needs to receive a bank loan.
E33
Insert the amount of capital (equity) or stock being used to purchase funding needs (typically the bank requires 20%). This is the total amount the owner provides, including previous loans (the previous loans will be subtracted from equity on the balance sheet).
F33
Additional investment should be shown as a positive number in the month the investment.
F34
Any withdrawals made by the owner (similar to paying yourself a salary).
F35
Enter the amount you hope to receive as a loan.
F36
Enter any amount drawn from a line of credit.
F37
Enter any payments made to reduce the line of credit balance.
E39
Enter the amount of cash from the business used to purchase assets (not cash from the owner investment or loan proceeds).
This worksheet will be used to calculate your estimated revenues and the cost of goods sold. There are four options - select the one best suited for your type of business.
A9
Option A projects sales of multiple items / products with individual average price and cost of sales figures.
E11
Insert the number of units/items you will sell during the month. Continue to do this for each month for all of the years.
E12
Insert the average cost for each of the units / items for the month. Continue to do this for each month for all of the years.
E15
Type in the percentage of sales that the units / items cost you to acquire. This will calculate automatically for each month unless changed.
E18
Insert the number of units/items you will sell during the month. Continue to do this for each month for all of the years.
E19
Insert the average cost for each of the units / items for the month. Continue to do this for each month for all of the years.
E22
Type in the percentage of sales that the units / items cost you to acquire. This will calculate automatically for each month unless changed.
E25
Insert the number of units/items you will sell during the month. Continue to do this for each month for all of the years.
E26
Insert the average cost for each of the units / items for the month. Continue to do this for each month for all of the years.
E29
Type in the percentage of sales that the units / items cost you to acquire. This will calculate automatically for each month unless changed.
E32
Insert the number of units/items you will sell during the month. Continue to do this for each month for all of the years.
E33
Insert the average cost for each of the units / items for the month. Continue to do this for each month for all of the years.
E36
Type in the percentage of sales that the units / items cost you to acquire. This will calculate automatically for each month unless changed.
E39
Insert the number of units/items you will sell during the month. Continue to do this for each month for all of the years.
E40
Insert the average cost for each of the units / items for the month. Continue to do this for each month for all of the years.
E43
Type in the percentage of sales that the units / items cost you to acquire. This will calculate automatically for each month unless changed.
Option B: Average Sales Per Day ( for a week)Category 1
Option C projects sales of all products with a total cost of sales percentage entered on a monthly basis .
E102
Insert the total amount will sell during the month in dollars. Continue to do this for each month for all of the years.
E104
Type in the percentage of sales that the units / items cost you to acquire. This will calculate automatically for each month unless changed.
A106
Option D projects sales of all products with a total cost of sales percentage based upon the percentage of annual sales for each month.
C107
Insert the total amount of sales for the year in dollars.
E108
Enter the total annual sales percentage of annual sales anticipated during the month. Continue to do this for each month for all of the years. Make sure the percentage for each year equals 100.00%.
E111
Type in the percentage of sales that the units / items cost you to acquire. This will calculate automatically for each month unless changed.
You may enter a growth rate for the number of units/items being sold (this is shown as a percentage increase (or decrease) from the prior year – an increase must be greater than 100%). This will automatically calculate the revenue for that month and the entire year unless changed manually.
W7
You may enter a sales price increase (or decrease). This is based upon the prior year prices and increases must be greater than 100% (this price will automatically calculate for the entire year unless changed manually).
W8
You may enter a cost of sales price increase (or decrease). This is based upon the prior year prices. Typically this is left at 100% because any price increase will increase the cost of sales by the same ratio. This would need to be adjusted if inventory costs increase or decrease more or less than the previous year. The monthly percentage input is used for the entire year unless changed manually.
Option B: Average Sales Per Day ( for a week)Category 1
This worksheet will be used to determine how much inventory you need to purchase and how much you will have on hand at the end of the month. Select between two options to calculate this.
A6
Option A maintains inventory based upon having an inventory factor "x" times the amount of sales for the month.
E7
Select the amount of inventory you wish to have at month end, based upon the current month's estimated sales times this number (the number will automatically calculate for the remaining years unless changed).
B10
The total purchases must be greater than the amount of inventory brought into the business (see start-up worksheet cell F25).
A16
Option B allows you to determine the minimum baseline amount of inventory desired, in addition to the projected sales for the following month.
E17
Select the minimum amount of inventory you wish to have (this is in addition to inventory for the following month's sales).
D25
Based upon whether you decided your inventory using Option A or B, type in the letter here. Select only one letter.
This worksheet will be used to determine how much inventory you need to purchase and how much you will have on hand at the end of the month. Select between two options to calculate this.
R6
Option A maintains inventory based upon having an inventory factor "x" times the amount of sales for the month.
V7
Select the amount of inventory you wish to have at month end, based upon the current month's estimated sales times this number (the number will automatically calculate for the remaining years unless changed).
R16
Option B allows you to determine the minimum baseline amount of inventory desired, in addition to the projected sales for the following month.
This worksheet will be used to determine how much inventory you need to purchase and how much you will have on hand at the end of the month. Select between two options to calculate this.
AI6
Option A maintains inventory based upon having an inventory factor "x" times the amount of sales for the month.
AM7
Select the amount of inventory you wish to have at month end, based upon the current month's estimated sales times this number (the number will automatically calculate for the remaining years unless changed).
AI16
Option B allows you to determine the minimum baseline amount of inventory desired, in addition to the projected sales for the following month.
This worksheet will be used to determine how much inventory you need to purchase and how much you will have on hand at the end of the month. Select between two options to calculate this.
AZ6
Option A maintains inventory based upon having an inventory factor "x" times the amount of sales for the month.
BD7
Select the amount of inventory you wish to have at month end, based upon the current month's estimated sales times this number (the number will automatically calculate for the remaining years unless changed).
AZ16
Option B allows you to determine the minimum baseline amount of inventory desired, in addition to the projected sales for the following month.
This worksheet projects personnel needs for the business based upon when they start work. They may be calculated hourly and/or monthly with or without benefits. Pay for each category will be automatically calculated on a monthly basis.
A9
Enter the name of person and/or position.
C9
Enter the annual salary for each employee listed.
D9
Enter the month the employee will start work. If it is beyond the first year, type a zero for each month until you reach the starting month and year.
A20
Enter the name of person and/or position.
B20
Enter the number of hours each employee works each week.
C20
Enter the hourly rate for each employee listed.
D20
Enter the month the employee will start work. If it is beyond the first year, type a zero for each month until you reach the starting month and year.
D42
Payroll taxes and workman's comp insurance are generally 15% of gross pay. This is the default percentage that may be changed.
Estimated percentage of gross pay that is spent on benefits to employees such as health and life insurance, tuition assistance, etc. Default assumes no benefits (0%).
This worksheet projects personnel needs for the business based upon when they start work. They may be calculated hourly and/or monthly with or without benefits. Pay for each category will be automatically calculated on a monthly basis.
V6
Pay increases can be automatically calculated for employees. These automatic calculations can be changed manually.
V7
Pay increases can be automatically calculated for employees. These automatic calculations can be changed manually.
R9
Enter the name of person and/or position.
T9
Enter the annual salary for each employee listed.
U9
Enter the month the employee will start work. If it is beyond the first year, type a zero for each month until you reach the starting month and year.
R20
Enter the name of person and/or position.
S20
Enter the number of hours each employee works each week.
T20
Enter the hourly rate for each employee listed.
U20
Enter the month the employee will start work. If it is beyond the first year, type a zero for each month until you reach the starting month and year.
U42
Payroll taxes and workman's comp insurance are generally 15% of gross pay. This is the default percentage that may be changed.
Estimated percentage of gross pay that is spent on benefits to employees such as health and life insurance, tuition assistance, etc. Default assumes no benefits (0%).
This worksheet projects personnel needs for the business based upon when they start work. They may be calculated hourly and/or monthly with or without benefits. Pay for each category will be automatically calculated on a monthly basis.
AI9
Enter the name of person and/or position.
AK9
Enter the annual salary for each employee listed.
AL9
Enter the month the employee will start work. If it is beyond the first year, type a zero for each month until you reach the starting month and year.
AI20
Enter the name of person and/or position.
AJ20
Enter the number of hours each employee works each week.
AK20
Enter the hourly rate for each employee listed.
AL20
Enter the month the employee will start work. If it is beyond the first year, type a zero for each month until you reach the starting month and year.
AL42
Payroll taxes and workman's comp insurance are generally 15% of gross pay. This is the default percentage that may be changed.
Estimated percentage of gross pay that is spent on benefits to employees such as health and life insurance, tuition assistance, etc. Default assumes no benefits (0%).
This worksheet projects personnel needs for the business based upon when they start work. They may be calculated hourly and/or monthly with or without benefits. Pay for each category will be automatically calculated on a monthly basis.
AZ9
Enter the name of person and/or position.
BB9
Enter the annual salary for each employee listed.
BC9
Enter the month the employee will start work. If it is beyond the first year, type a zero for each month until you reach the starting month and year.
BJ9
Enter the annual salary for each employee listed.
AZ20
Enter the name of person and/or position.
BA20
Enter the number of hours each employee works each week.
BB20
Enter the hourly rate for each employee listed.
BC20
Enter the month the employee will start work. If it is beyond the first year, type a zero for each month until you reach the starting month and year.
BJ20
Enter the hourly rate for each employee listed.
BC42
Payroll taxes and workman's comp insurance are generally 15% of gross pay. This is the default percentage that may be changed.
Payroll - - - - - - - -
Benefits Exp % = 0% - - - - - - - - -
Total Payroll Taxes & Benefits - - - - - - - - -
Total Payroll Expenses - - - - - - - - -
BC47
Estimated percentage of gross pay that is spent on benefits to employees such as health and life insurance, tuition assistance, etc. Default assumes no benefits (0%).
This worksheet is used to enter the projected expenses for each month. All start up expenses entered in the Start Up Needs worksheet will automatically appear in the first month of operation. Depreciation, bad debt expense, interest, payroll and payroll taxes/benefits are automatically calculated for each month and are shown in yellow.
E7
For each expense item, enter the estimated costs for each month for all the years. Lines that are colored are automatically calculated and should NOT be changed.
This worksheet is used to enter the projected expenses for each month. All start up expenses entered in the Start Up Needs worksheet will automatically appear in the first month of operation. Depreciation, bad debt expense, interest, payroll and payroll taxes/benefits are automatically calculated for each month and are shown in yellow.
T6
An inflation factor can be built in for all expenses not in yellow (this is based upon 100% of year one expenses). The first month entered will automatically calculate for the entire year unless manually changed.
V7
For each expense item, enter the estimated costs for each month for all the years. Lines that are colored are automatically calculated and should NOT be changed.
This worksheet is used to enter the projected expenses for each month. All start up expenses entered in the Start Up Needs worksheet will automatically appear in the first month of operation. Depreciation, bad debt expense, interest, payroll and payroll taxes/benefits are automatically calculated for each month and are shown in yellow.
AM7
For each expense item, enter the estimated costs for each month for all the years. Lines that are colored are automatically calculated and should NOT be changed.
This worksheet is used to enter the projected expenses for each month. All start up expenses entered in the Start Up Needs worksheet will automatically appear in the first month of operation. Depreciation, bad debt expense, interest, payroll and payroll taxes/benefits are automatically calculated for each month and are shown in yellow.
BD7
For each expense item, enter the estimated costs for each month for all the years. Lines that are colored are automatically calculated and should NOT be changed.
BK7
For each expense item, enter the estimated costs for each month for all the years. Lines that are colored are automatically calculated and should NOT be changed.