Financial Plan Template
Financial Plan Template
Financial Plan Template
This spreadsheet contains the 3 main financial statements you will need for your business:
profit and loss
cash flow
balance sheet.
Note: this spreadsheet has been locked by default, so that the formulas are protected. If you are an experienced Excel user, you may wish to unlock and modify the spreadsheet.
Include GST
Include GST when inserting amounts for some cash inflows (particularly sales) and many cash outflows (particularly purchases).
Note: GST attributes vary for each business. We recommend talking to your accountant or business adviser before creating any forecasts for your business.
Balance sheet
Forecast your balance sheet position (assets and liabilities) at the end of 12 months.
Disclaimer
These spreadsheets are intended as a guide only and have been prepared without considering your specific financial situation or needs. We recommend working with your accountant or
business adviser to develop accurate financial spreadsheets for your business. The Queensland Government accepts no responsibility for financial loss resulting from the use of these
spreadsheets.
For year ending: June 2014
Profit and loss forecast
Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Totals
Revenue
Sales $0
Opening stock 0 0 0 0 0 0 0 0 0 0 0 0
plus Goods or materials purchased 0
less Closing stock 0
Total cost of goods or materials used $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Direct labour 0
Sub-contractors 0
Total labour $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Cost of goods sold $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Gross profit $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Other income 0
Net income $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Expenses
Accounting fees 0
Advertising 0
Bank charges 0
Cleaning 0
Commission paid 0
Credit card fees 0
Depreciation 0
Discounts allowed 0
Donations 0
Equipment hire/lease 0
Freight 0
Insurance 0
Interest 0
Legal fees 0
Licences, permits, registrations etc. 0
Motor vehicle expenses 0
Printing, postage, and stationery 0
Rent 0
Repairs and maintenance 0
Security 0
Staff amenities 0
Subscriptions 0
Sundries 0
Superannuation 0
Telephone, fax, internet 0
Training 0
Transport/courier costs 0
Travel expenses 0
Utilities (water, gas, electricity) 0
Wages (gross) 0
Workers compensation 0
0
0
0
0
Total expenses $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Result
Net profit before tax $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Gross profit margin (%)
Net profit margin (%)
For year ending: June 2014
Cash flow forecast
Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Totals
Cash inflow
Sales 0 0 0 0 0 0 0 0 0 0 0 0 0
Sale of assets
Capital injection
Other sources
Total cash inflow $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Cash outflow
Goods or materials purchased 0 0 0 0 0 0 0 0 0 0 0 0 0
Expenses
Accounting fees 0 0 0 0 0 0 0 0 0 0 0 0 0
Advertising 0 0 0 0 0 0 0 0 0 0 0 0 0
Bank charges 0 0 0 0 0 0 0 0 0 0 0 0 0
Cleaning 0 0 0 0 0 0 0 0 0 0 0 0 0
Commission paid 0 0 0 0 0 0 0 0 0 0 0 0 0
Credit card fees 0 0 0 0 0 0 0 0 0 0 0 0 0
Discounts allowed 0 0 0 0 0 0 0 0 0 0 0 0 0
Donations 0 0 0 0 0 0 0 0 0 0 0 0 0
Equipment hire/lease 0 0 0 0 0 0 0 0 0 0 0 0 0
Freight 0 0 0 0 0 0 0 0 0 0 0 0 0
Insurance 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Legal fees 0 0 0 0 0 0 0 0 0 0 0 0 0
Licences, permits, registrations etc. 0 0 0 0 0 0 0 0 0 0 0 0 0
Motor vehicle expenses 0 0 0 0 0 0 0 0 0 0 0 0 0
Printing, postage, and stationery 0 0 0 0 0 0 0 0 0 0 0 0 0
Rent 0 0 0 0 0 0 0 0 0 0 0 0 0
Repairs and maintenance 0 0 0 0 0 0 0 0 0 0 0 0 0
Security 0 0 0 0 0 0 0 0 0 0 0 0 0
Staff amenities 0 0 0 0 0 0 0 0 0 0 0 0 0
Subscriptions 0 0 0 0 0 0 0 0 0 0 0 0 0
Sundries 0 0 0 0 0 0 0 0 0 0 0 0 0
Superannuation 0 0 0 0 0 0 0 0 0 0 0 0 0
Telephone, fax, internet 0 0 0 0 0 0 0 0 0 0 0 0 0
Training 0 0 0 0 0 0 0 0 0 0 0 0 0
Transport/courier costs 0 0 0 0 0 0 0 0 0 0 0 0 0
Travel expenses 0 0 0 0 0 0 0 0 0 0 0 0 0
Utilities 0 0 0 0 0 0 0 0 0 0 0 0 0
Wages (gross) 0 0 0 0 0 0 0 0 0 0 0 0 0
Workers compensation 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 expenses $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Other items
Drawings (by owners) 0
Loan principal repayments 0
PAYG 0
GST payment / recovery 0
Other payments 0
Total other items $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total cash outflow $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Assets
Current assets $0
Cash 0
Short-term investments
Stock on hand 0
Accounts receivable
Other
Non-current assets $0
Land and building at cost
Plant and equipment at cost
Motor vehicle at cost
Office equipment at cost
Leasehold improvements at cost
Less depreciation
Intangible assets $0
Goodwill
Other
Total assets $0
Liabilities
Current liabilities $0
Bank overdraft
Short-term loans
Trade creditors
Other
Non-current liabilities $0
Proprietor's loans
Secured loans
Other
Total liabilities $0
Owner's equity
Total assets 0
Less total liabilities 0
Owner's equity $0