+++3-Year Financial Template

12/08/2017 FastTrac TechVenture Financial Template
FASTTRAC TECHVENTURE 3-YEAR FINANCIAL TEMPLATE

Copyright 20022006
Ewing Marion Kauffman Foundation
FastTrac is a trademark of the Ewing Marion Kauffman Foundation.
Introduction - Contains critical information for using this template.
Welcome to the FastTrac TechVenture 3-Year Financial Template. This template will allow you
to enter financial data specific to your business and will produce proforma financial statements
for use in your business plan. It is recommended that you read all instructions carefully before
beginning a worksheet. Some worksheets or sections may not apply to your business. Simply
answer relevant questions and leave blank those sections that do not apply to you.
This 3-Year Financial Template creates proforma financial statements of your business using a
top-down sales projection method calculating revenues that will be generated by your business.
The top-down sales projections method refers to the calculation of revenue by capturing a
specific percentage of a market on a periodic basis as opposed to a bottom-up sales projection
method which refers to the calculation of sales revenues by forecasting the sale of one or more
units of product at a time based on the amount of internal resources on hand that may be needed
to generate product sales. If you are seeking equity financing from professional investors and
venture capitalists, it is recommended that you use a financial model that is based on a bottom-
up sales projection method, and utilize this top-down projection method financial template for
internal projections, and when seeking debt financing. The 6-Year Financial Template is based
on the bottom-up sales projection method.
The template consists of worksheets where you enter data and proforma financial statements as
well as ratio analysis. You may include the worksheets in the appendix of your plan. The
Financial Statements and Ratio Analysis are part of the financial section of the Business Plan.
It is recommended that you step through the worksheets in the order they are presented when
you begin to work. You can go back and make adjustments and change assumptions as you see
how the financial plan develops.
The worksheets (Set-up, Start-up, Sales, Headcount, Inventory, Operating Expenses, Capital
Budget, Equity & Debt, and Amortization Schedule) contain instructions, questions for you to
answer, and boxes (cells) for data entry. Cells in which you are to answer questions or enter
data are yellow. Purple cells contain formulas that will be calculated automatically.
When entering data, enter positive numbers only without commas. There is one important
exception. If you have an established company with a loss in your retained earnings account,
that number must be entered as a negative on the Historical Balance Sheet (Set-up Worksheet
cell G91).
The red triangular symbol in certain cells denotes a comment. Place your cursor on the cell
in order to see added details about the chosen category.
Print buttons are available on each sheet. They will print either the instructions (text) or the
financial data portion of the sheet. Go to cell B2 on this sheet to test the Print Worksheet
Instructions button. There is also a Print Options Worksheet (the last worksheet) for your
convenience. Many print options are available for printing worksheet instructions as well as
financial reports.
Begin using this financial template by clicking on the Set-up tab and following the instructions.
Copyright 2006 Ewing Marion Kauffman Foundation. All Rights Reserved. Instructions
FastTrac Financial Template
Set-up Worksheet: Company Information/Historical Balance Sheet

This worksheet establishes basic information for your company that will be used as a basis for calculations
throughout the financial projections.
Step 1: Enter the name of your company and the year the plan starts. This information will automatically be
displayed on the reports for your business plan.
Company Name My Company
Year 1 for Plan 2006
Step 2: What is your estimated effective income tax rate? If you are not sure, review past income tax forms or
use a conservative 30% (35% for C corporation) as an estimate. Income taxes are estimated for each
year and assumed paid out in April, June, September, and December.
Estimated Tax Rate 30%
Only a C corporation will have its own tax liability. However, every business owner must recognize the
cash requirements to cover taxes. Therefore, tax payments are included on the Cash Flow Worksheet.
Actual payments may come from personal or business funds.
Is your company a C Corporation? (Yes or No) yes
Step 3: If your company is a start-up, proceed to the Start-up Worksheet. If it is an existing company, enter the
balances from the latest Balance Sheet in the section below.
Balance Sheet Date (example 12/31/2002) 12/31/2005
Your projections should begin in the month following the date of your latest balance sheet.
The figures entered into the Balance Sheet will be used as a basis to project on-going financial reports.
To build reliable financial projections, start with numbers that you trust are correct. The Balance
Sheet must balance. In other words, the total assets must be equal to the total liabilities plus equity.
If your Balance Sheet does not balance, an error message will be displayed. If you need additional
assistance with entering this information, your accountant or bookkeeper may be of help.
If you have Accounts Payable, Other Current Assets, Other Non-current Assets (such as Notes
Receivable), or Other Liabilities (Current or Non-current), you may need to complete Worksheet 1
Payoff Schedule below the Balance Sheet. (Instructions begin on row 106). If you do not complete
this worksheet, your projections for future years will carry the historical balance forward. If the
balances should be carried forward, do not fill out the schedule.
Step 4: Have you completed Steps 1-3? If so, proceed to the Sales Worksheet.
HISTORICAL BALANCE SHEET

My Company
12/31/2005
Assets
Current Assets
Cash & Equivalents -
Accounts Receivable -
Inventory -
Security Deposits -
Other Current Assets -
Deferred Contract Receivables -
Total Current Assets $ -
Fixed Assets
Property, Plant & Equipment
Computer & Office Equipment -
Machinery & Manufacturing Equipment -
Furniture & Fixtures -
Vehicles -
Leasehold Improvements -
Building -
Land -
Less: Accumulated Depreciation (Do not enter a negative number) -
Other Non-current Assets -
Total Non-current Assets $ -
Total Assets $ -
Liabilities
Current Liabilities
Accounts Payable -
Line of Credit -
Other Current Liabilities -
Deferred Revenue -
Total Current Liabilities $ -
Long-term Liabilities
Loans -
Real Estate Loans -
Other Non-current Liabilities -
Total Long-term Liabilities $ -
Total Liabilities $ -
Equity
Owners Equity (sole proprietorships, partnerships or LLCs) -
Common Stock (C or S corporations) -
Preferred Shares (C corporations or LLCs) -
Retained Earnings (Enter a negative number for a loss) -
Less: Dividends or Owner's Draws -
Total Equity $ -
Total Liabilities and Equity $ -
Payoff Schedule
If you will be receiving cash payments to reduce a balance in Other Current Assets, or Other Non-current Assets,
record those payments in the appropriate months below. If the balance is a prepayment amount that
you expect to remain from year to year, such as insurance, you do not need to enter anything. The balance will be
carried forward to future years in the Year-End Balance Sheet.
If you have a balance in your Accounts Payable account, enter your payments here. For future periods, it is
assumed that Operating Expenses are paid with cash and Inventory Purchases may be cash or credit. If you do
not enter a payment schedule for existing Accounts Payable, the balance will be carried forward indefinitely.
If you will be making payments toward Other Current Liabilities or Non-Current Liabilities, enter those
payments here. If the balance is an accrual that you expect to remain from year to year, (such as Accrued Payroll)
you do not need to enter anything.
Payments on your Line of Credit, Long-term or Real Estate Loans should NOT be entered in this schedule. Use
the Equity & Debt Worksheet to record payment of principal and interest relating to these loans. Existing loan
balances will appear as a beginning balance for Loan 1 on that Worksheet.
Payoff Schedule
My Company
Year 1 Payoff Schedule JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTAL
Other Current Assets - - - - - - - - - - - - -
Other Non-current Assets - - - - - - - - - - - - -
Accounts Payable - - - - - - - - - - - - -
Other Current Liabilities - - - - - - - - - - - - -
Other Non-current Liabilities - - - - - - - - - - - - -
Year 2 Payoff Schedule

Year 3 Payoff Schedule

Copyright 2006 Ewing Marion Kauffman Foundation. All Rights Reserved.

Start-up Worksheet: Funding & Expenditures

Is your company a start-up? This worksheet will help you compile the costs involved
in starting your business. The start-up expenditures will be automatically included in
the financial projections. If you have an existing company, do not use this worksheet.
Proceed to the Sales Worksheet.
Step 1: Enter the money you or other investors have already put into the company
prior to the start of business in Equity Investments cells H44-46. Enter any
amount borrowed before the start of business in Loan Proceeds cell H47.
Real Estate Loans taken out prior to the start of business are entered in cell
H48.
Step 2: Enter the security deposits you have paid and are expecting to pay prior to
opening the business in rows 53-56. Security deposits are not typical costs.
They are considered assets because they retain value.
Step 3: Enter the start-up expenses you expect to incur before you begin conducting
business in rows 60-80. Expenses will be totaled and deducted from your
first year's income (sales).
Step 4: Enter the amount you expect to spend during the start-up phase to have
enough inventory on hand to begin business in cell H84.
Step 5: Enter any money you plan to spend on capital expenditures prior to starting
the business in rows 87-93. Enter amounts on these lines even if you plan to
take out a loan to cover the costs of these items.
Step 6: This worksheet automatically calculates the total start-up costs. This total
will help you think about the debt (loans) and equity (your contributions or
money from investors) needed to start this business.
Step 7: Proceed to the Sales Worksheet.
START-UP FUNDING & EXPENDITURES

My Company
Start-up Cash
Equity Investment (sole proprietorship, partnership, LLC) -
Equity Investment - common stock (C or S Corp) -
Equity Investment - preferred stock (C Corp) -
Loan Proceeds -
Real-Estate Loans -
Total Start-up Cash -
Start-up Expenditures
Security Deposits
Rent (last month's) -
Telephone Deposit -
Utilities Deposit -
Other Deposits -
Total Security Deposits -
Start-up Expenses
Activation Fee -
Corporate Fees & Taxes -
Federal Tax ID -
Fictitious Name Costs -
Insurance -
Marketing
Advertising -
Conferences & Trade Shows -
Promotion Materials -
Publc Relations -
Research -
Meals & Entertainment -
Professional Fees -
Office Supplies -
Payroll Expenses (training/setup)
Salaries & Wages -
Payroll Taxes -
Benefits -
Research & Development -
Sales Tax Permit -
Other Start-up Expenses -
Total Start-up Expenses -
Other Costs
Opening Inventory -
Capital Expenditures
Computer Equipment -
Equipment/Machinery -
Furniture & Fixtures -
Vehicles -
Leasehold Improvements -
Buildings -
Land -
Total Start-up Capital Expenditures -
Total Start-up Expenditures -

Sales Worksheet
Step 1: What percentage of sales is made to customers paying cash, credit cards included? It is assumed
that all other sales are made to customers on credit, charged to an account and invoiced for
payment.
Year 1 Year 2 Year 3
Percent Cash Sales 0% 0% 0%
Percent Credit Sales 100% 100% 100%
Step 2: How long on average does it take to collect credit sales? Enter the number of months from 1 to 4
in whole numbers, such as 1, 2, 3 or 4. If in Step 1 you answered 100% of your sales come from
cash sales, leave the zero here.
Months to Collect Receivables 1
Step 3: What percentage of credit sales is considered bad debts (invoices that are uncollectible)?
Percent Bad Debts 0.0%
Step 4: What percentage of sales is estimated for returns and allowances (products returned for one
reason or another)? It is assumed that the products returned are put back into inventory and
resold.
Percent Returns & Allowances 0.0%
Step 5: Enter your monthly estimated sales for each major product or service category. Begin your sales
projections in the month you realistically expect sales. For example, if you open your doors in
May but expect no sales until July, then your first sales projections would be in July (expenses
would start in May). If your fiscal year begins in June, you may want to begin your projections
in June. Be sure to reflect seasonality, peak sales months, and start-up months (if applicable).
Enter Year 1 sales projections in rows 64-70, Year 2 in rows 110-116, and Year 3 in rows 156-
162. Do not include contract revenue that will be classified as deferred revenue in these rows.
You may change the names of the Year 1 product or service categories (cells B64 - B70) to
correspond with your products or services by typing over the existing category title.
Step 6: Enter amounts you expect to receive for other income (income from activities unrelated to your
primary business). Enter Year 1 in row 74, Year 2 in row 120, and Year 3 in row 166.
Step 7: Enter any contract amounts that will be categorized as deferred revenue in the month the contract
is awarded. Enter Year 1 in row 83, Year 2 in row 129, and Year 3 in row 175.
Enter the amount of each contract that will be recorded as earnings in each month including any
amounts earned from the Deferred Revenue recorded on the Set-Up Worksheet. Enter Year 1 in
row 84, Year 2 in row 130, and Year 3 in row176.
Enter the payments (cash) in the months you expect to receive them incuding any amounts
collected on Deferred Contract Receivables recorded on the Set-Up Worksheet. This may or may
not be the same month in which you declare it as earned revenue. Enter Year 1 in row 85, Year 2
in row 131, and Year 3 in row177.
Step 8: For each amount that you have projected, write an assumption about how that estimate was
determined. Base this assumption on facts researched and be as clear and thorough as possible.
This information will help you remember the details supporting the numbers and will help
readers of your plan understand the basis for your estimates. Space is limited, so be concise.
Enter Year 1 assumptions in rows 89-105, Year 2 in rows 135-151, and Year 3 in rows 181-197.
Step 9: Proceed to the Headcount Worksheet.
Note: To print individual years' data, see Print Options Sheet
SALES PROJECTIONS
My Company
Year 1 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTAL
Sales Budget
Product/Service Category A - - - - - - - - - - - - -
Product/Service Category B - - - - - - - - - - - - -
Product/Service Category C - - - - - - - - - - - - -
YEAR 1
Product/Service Category D - - - - - - - - - - - - -
Product/Service Category E - - - - - - - - - - - - -
Product/Service Category F - - - - - - - - - - - - -
YEAR 1
Product/Service Category G - - - - - - - - - - - - -
Gross Sales - - - - - - - - - - - - -
Less: Returns & Allowances - - - - - - - - - - - - -
Net Sales - - - - - - - - - - - - -
YEAR 1
Other Income - - - - - - - - - - - - -
Total Income - - - - - - - - - - - - -
Credit Management
Sales (cash) - - - - - - - - - - - - -
YEAR 1
Sales (credit) - - - - - - - - - - - - -
Bad Debt Expense - Accrual - - - - - - - - - - - - -
Received on Account - - - - - - - - - - - - -
Bad Debt - Cash Flow - - - - - - - - - - - - -
Deferred Contract Revenue
Amount of Contract - - - - - - - - - - - - -
Earned Contract Revenue - - - - - - - - - - - - -
Received on Contract - - - - - - - - - - - - -
Year 1 Assumptions
Product/Service Category A
Product/Service Category B
Product/Service Category C
YEAR 1
Product/Service Category D
Product/Service Category E
Product/Service Category F
Product/Service Category G
YEAR 1
Less: Returns & Allowances

Other Income
Sales (cash)
YEAR 1
Sales (credit)
Bad Debt Expense - Accrual
Received on Account
Bad Debt - Cash Flow
Amount of Contract
Earned Contract Revenue
Received on Contract
Sales Budget
YEAR 2
YEAR 2
Gross Sales - - - - - - - - - - - - -
Net Sales - - - - - - - - - - - - -
YEAR 2
Other Income - - - - - - - - - - - - -
Total Income - - - - - - - - - - - - -
Credit Management
Sales (cash) - - - - - - - - - - - - -
YEAR 2
Sales (credit) - - - - - - - - - - - - -
Year 2 Assumptions
YEAR 2
YEAR 2

Other Income
Sales (cash)
YEAR 2
Sales (credit)
Received on Account
Amount of Contract
Sales Budget
YEAR 3
YEAR 3
Gross Sales - - - - - - - - - - - - -
Net Sales - - - - - - - - - - - - -
YEAR 3
Other Income - - - - - - - - - - - - -
Total Income - - - - - - - - - - - - -
Credit Management
Sales (cash) - - - - - - - - - - - - -
Sales (credit) - - - - - - - - - - - - -
YEAR 3

Year 3 Assumptions
YEAR 3
YEAR 3

Other Income
Sales (cash)
YEAR 3
Sales (credit)
Received on Account
Amount of Contract

Headcount Worksheet
Step 1: Fill in the average payroll tax percentage for your employees. 0.0%
Step 2: Fill in the average percentage of payroll for benefits for your employees.
(A range from 7% to 12% is reasonable.) 0.0%
Step 3: Enter the job titles of the employees you will have according to the departments as
follows: Type
over the word "Title" in column B (job titles entered in Year 1 will automatically copy to
years 2 and 3).
Enter employees according to their department:
General & Administrative in rows 46 - 60
Sales & Marketing in rows 66 - 80
Production in rows 86 - 100 (for employees who will be included in Cost of Goods
Sold)
Step 4: Enter the Annual Salary for each job title in column D next to the job title.
Enter the number of employees who will be working under each job title in a given year
in column E next to the Annual Salary.
Step 5: Across from each job title, enter the monthly salary for the number of persons in that
category that will be employed for that month.
Step 6: Enter the total number of employees for each month in each department:
General & Administrative in row 63
Sales & Marketing in row 83
Production in row 103
Step 7: Go through the same projection process for Year 2 in rows 111 - 168
Step 8: Go through the same projection process for Year 3 in rows 176 - 233.
Step 9: Proceed to the Inventory Worksheet.
Headcount Projections
My Company
Year 1 Salary # JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTAL
General & Administrative
Title - - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
YEAR 1
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
YEAR 1
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
YEAR 1
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
YEAR 1

YEAR
R1
YEAR 1
YEAR 1
My Company
YEAR 1 Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Total G & A Salaries - - - - - - - - - - - - -
Payroll Taxes 0.0% - - - - - - - - - - - - -
YEAR 1
G & A Headcount - - - - - - - - - - - -
Benefits 0.0% - - - - - - - - - - - - -
Sales and Marketing
Title - - - - - - - - - - - - - - -
YEAR 1
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
YEAR 1
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
YEAR 1
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title
YEAR 1
- - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
YEAR 1
Title - - - - - - - - - - - - - -
Total Sales & Mktg Salaries - - - - - - - - - - - - -
Payroll Taxes 0.0% - - - - - - - - - - - - -
YEAR 1
Sales & Mktg Headcount - - - - - - - - - - - -

Benefits 0.0% - - - - - - - - - - - - -
YEAR 1
YEAR 1
YEAR 1
YEAR 1
Y

My Company
Production
Title - - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Total Production Salaries - - - - - - - - - - - - -
Payroll Taxes 0.0% - - - - - - - - - - - - -
Operations Headcount - - - - - - - - - - - -
Benefits 0.0% - - - - - - - - - - - - -
Total Payroll, Taxes, Benefits - - - - - - - - - - - - -
Total Headcount - - - - - - - - - - - -
Title - - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
YEAR 2
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
YEAR 2
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
YEAR 2
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
YEAR 2
Title - - - - - - - - - - - - - -
Payroll Taxes 0.0% - - - - - - - - - - - - -
YEAR 2
G & A Headcount - - - - - - - - - 14 - -
Benefits 0.0% - - - - - - - - - - - - -
Sales and Marketing
Title - - - - - - - - - - - - - - -
YEAR 2
Title - - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
YEAR 2
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
YEAR 2
Title - - - - - - - - - - - - - -

YEAR 2
YE
YEAR 2
YEAR 2
YEAR 2
My Company
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title
YEAR 2
- - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
YEAR 2
Title - - - - - - - - - - - - - -
Payroll Taxes 0.0% - - - - - - - - - - - - -
YEAR 2

Benefits 0.0% - - - - - - - - - - - - -
YEAR 2
YEAR 2
YEAR 2
YEAR 2
Y

My Company
Production
Title - - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Payroll Taxes 0.0% - - - - - - - - - - - - -
Benefits 0.0% - - - - - - - - - - - - -
Total Headcount - - - - - - - - - 14 - -
Title - - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
YEAR 3
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title
YEAR 3
- - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
YEAR 3
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
YEAR 3
Title - - - - - - - - - - - - - -
Payroll Taxes 0.0% - - - - - - - - - - - - -
YEAR 3
G & A Headcount - - - - - - - - - - - -
Benefits 0.0% - - - - - - - - - - - - -
Sales and Marketing
Title - - - - - - - - - - - - - - -
YEAR 3
Title - - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
YEAR 3
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
YEAR 3
Title - - - - - - - - - - - - - -

YEAR 3
YE
YEAR 3
YEAR 3
YEAR 3
My Company
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title
YEAR 3
- - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
YEAR 3
Title - - - - - - - - - - - - - -
Payroll Taxes 0.0% - - - - - - - - - - - - -
YEAR 3

Benefits 0.0% - - - - - - - - - - - - -
YEAR 3
YEAR 3
YEAR 3
YEAR 3
Y

My Company
Production
Title - - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Title - - - - - - - - - - - - - -
Payroll Taxes 0.0% - - - - - - - - - - - - -
Benefits 0.0% - - - - - - - - - - - - -
Total Headcount - - - - - - - - - - - -

Inventory Worksheet
This worksheet is for those businesses that have direct costs of goods sold (COGS), such as retailers and
manufacturers. Service providers may expense costs directly related to the service, such as certain employees as
COGS. Service companies may want to check with your accountant to determine which expenses to include in this
category. If you are a service company who will not be categorizing anything as COGS, proceed to the Operating
Expenses Worksheet.
Step 1: Does your business provide services along with products? If not, proceed to Step 2.
If your company provides services that have no associated COGS, answer the following question:
What percent of your sales comes from products and services that have COGS? 100%
(If your business provides both goods and services and their sales cycle differs, the monthly cost of
goods sold calculation will be off. The annual calculation will be correct.)
Step 2: What percentage of sales is the average cost of goods sold (COGS) for your products?
Use your company's past income statements or an industry average. (Sales - COGS = Gross Margin)
0.00% 0.00% 0.00%
Step 3: Enter the amount of your inventory or raw materials purchases on row 57. Will you be buying some of
this inventory or raw materials on credit? If not, proceed to Step 4. If yes, answer the next two questions.
What percent of your inventory or raw materials will be purchased with cash? 0%
It is assumed that all other inventory and raw materials purchases are on credit and will be paid within
four months according to your answer to the next question.
If you are purchasing inventory or raw materials on credit, what are the average number of months you
are allowed before payment is due? If 100% of your inventory purchases are made with cash, enter 0.
Enter the number of months from 0 to 4 in whole numbers, such as 0,1, 2 , 3, or 4. 0
Step 4: Do you produce inventory in your own plant? If not, proceed to Step 5. If so, enter the applicable
production expenses for Year 1 in rows 64 - 84. Remember only the portion of costs that directly relates
to production is entered here. Administrative and other overhead costs are entered on the Operating
Expenses Worksheet.
Step 5: For each Year 1 inventory item, write an assumption in rows 96 - 117 about how that estimate was
determined. Base this assumption on facts researched and be as specific as possible. Space is limited, so
be concise.
Step 6: Repeat the above process for Year 2 entering your inventory or raw materials purchases on row 122. If
you produce inventory in your own plant, enter Year 2 production expenses in rows 129 - 149.
Step 7: Repeat the above process for Year 3 entering your inventory or raw materials purchases on row 187. If
you produce inventory in your own plant, enter Year 3 production expenses in rows 194 - 214.
Step 8: Proceed to the Operating Expenses Worksheet.
INVENTORY PROJECTIONS
My Company
Inventory Management
Inventory Purchases - - - - - - - - - - - - -
Inventory/ Raw Material Purchases (Cash) - - - - - - - - - - - - -
Inventory/ Raw Material Purchases (Credit) - - - - - - - - - - - - -
Payment on Account - - - - - - - - - - - - -

YE
My Company
Production Expenses
Freight-in Trucking - - - - - - - - - - - - -
Insurance - - - - - - - - - - - - -
Miscellaneous - - - - - - - - - - - - -
Office Expense (postage) - - - - - - - - - - - - -
YEAR 1
Office Supplies - - - - - - - - - - - - -
Outside Services - - - - - - - - - - - - -
Payroll Expenses
Salaries & Wages - - - - - - - - - - - - -
YEAR 1
Payroll Taxes - - - - - - - - - - - - -
Benefits - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
YEAR 1
Rent - - - - - - - - - - - - -
Repairs & Maintenance - - - - - - - - - - - - -
Rework - - - - - - - - - - - - -
Telephone - - - - - - - - - - - - -
YEAR 1
Training & Development - - - - - - - - - - - - -

Travel - - - - - - - - - - - - -
Utilities - - - - - - - - - - - - -
Vehicle - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Inventory Production Expenses - - - - - - - - - - - - -
Inventory Balance
Beginning Inventory Balance - - - - - - - - - - - - -
Inventory Purchased - - - - - - - - - - - - -
Inventory Production - - - - - - - - - - - - -
(Cost of Goods Sold) - - - - - - - - - - - - -
Ending Inventory Balance - - - - - - - - - - - - -

My Company
Year 1 Assumptions
Inventory/Raw Material Purchases
Freight-in Trucking
Insurance
Miscellaneous
YEAR 1
Office Expense (postage)

Office Supplies
Outside Services
YEAR 1
Payroll Expenses
Salaries & Wages
Payroll Taxes
Benefits
YEAR 1
Other
Rent
Repairs & Maintenance
Rework
YEAR 1
Telephone
Training & Development
Travel
Utilities
Vehicle
Other
Other

My Company
Production Expenses
Insurance - - - - - - - - - - - - -
Miscellaneous - - - - - - - - - - - - -
YEAR 2
Office Supplies - - - - - - - - - - - - -
Payroll Expenses
Salaries & Wages - - - - - - - - - - - - -
YEAR 2
Payroll Taxes - - - - - - - - - - - - -
Benefits - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Rent - - - - - - - - - - - - -
YEAR 2

Rework - - - - - - - - - - - - -
Telephone - - - - - - - - - - - - -
YEAR 2

Travel - - - - - - - - - - - - -
Utilities - - - - - - - - - - - - -
Vehicle - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Inventory Balance

My Company
Year 2 Assumptions
Inventory/ Raw Material Purchases
Freight-in Trucking
Insurance
YEAR 2
Miscellaneous
Office Supplies
Outside Services
YEAR 2
Payroll Expenses
Salaries & Wages
Payroll Taxes
Benefits
YEAR 2
Other
Rent
Rework
YEAR 2
Telephone
Travel
Utilities
Vehicle
Other
Other

My Company
Production Expenses
Insurance - - - - - - - - - - - - -
Miscellaneous - - - - - - - - - - - - -
YEAR 3
Office Supplies - - - - - - - - - - - - -
Payroll Expenses
Salaries & Wages - - - - - - - - - - - - -
YEAR 3
Payroll Taxes - - - - - - - - - - - - -
Benefits - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
YEAR 3
Rent - - - - - - - - - - - - -
Rework - - - - - - - - - - - - -
Telephone - - - - - - - - - - - - -
YEAR 3

Travel - - - - - - - - - - - - -
Utilities - - - - - - - - - - - - -
Vehicle - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Inventory Balance

My Company
Year 3 Assumptions
Inventory/ Raw Material Purchases
Freight-in & Trucking
YEAR 3 YEAR 3
Insurance
Miscellaneous
Office Supplies
Outside Services
Payroll Expenses
Salaries & Wages
YEAR 3
Payroll Taxes
Benefits
Other
Rent
YEAR 3

Rework
Telephone
Travel
Utilities

Operating Expenses Worksheet

This worksheet is where you will project expenses for General & Administrative and Sales & Marketing
departments. (Production costs applied to COGS were entered on the Inventory Worksheet.) Production
costs are displayed on this worksheet so that you may view all operating costs on one report. Keep in mind that
production costs will expense as COGS in relationship to Sales and will not necessarily be expensed as
the costs are incurred.
Step 1: Fill in your estimated operating expenses for Year 1 in rows 34 - 90. Place the expenses in the month when
the expenses are incurred. In rows 60 - 61 and rows 89 - 90 you may change the "Other" categories and
name them to fit your specific industry by typing over the existing category title. Note: Do not include any
production expenses here that have already been added into Inventory Production.
Step 2: For each Year 1 expense item, write an assumption in rows 118 - 174 explaining how you estimated the
amount. Be as specific as possible. Space is limited, so be concise.
Step 3: Go through the same projection process for Year 2 in rows 179 - 234. Write Year 2 assumptions in rows
264 - 319.
Step 4: Go through the same projection process for Year 3 in rows 324 - 380. Write Year 3 assumption in rows 407
- 464.
Step 5: Proceed to the Capital Budget Worksheet.
OPERATING EXPENSE PROJECTIONS

My Company
Bank Charges - - - - - - - - - - - - -
Dues & Subscriptions - - - - - - - - - - - - -
Equipment Rent - - - - - - - - - - - - -
Insurance - - - - - - - - - - - - -
Licenses & Fees - - - - - - - - - - - - -
Meals & Entertainment - - - - - - - - - - - - -
Miscellaneous - - - - - - - - - - - - -
Office Supplies - - - - - - - - - - - - -
YEAR 1
Payroll Expenses
Salaries & Wages - - - - - - - - - - - - -
Payroll Taxes - - - - - - - - - - - - -
Benefits - - - - - - - - - - - - -
YEAR 1
Other - - - - - - - - - - - - -
Professional Fees - - - - - - - - - - - - -
Property Taxes - - - - - - - - - - - - -
Rent - - - - - - - - - - - - -
YEAR 1

Research & Development - - - - - - - - - - - - -
Shipping & Delivery - - - - - - - - - - - - -
Telephone - - - - - - - - - - - - -
YEAR 1

Travel - - - - - - - - - - - - -
Utilities - - - - - - - - - - - - -
Vehicle
YEAR 1
- - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Total G & A Expenses - - - - - - - - - - - - -
YEAR 1
Sales & Marketing

Equipment Rent - - - - - - - - - - - - -
Insurance - - - - - - - - - - - - -
YEAR 1
Marketing
Advertising - - - - - - - - - - - - -
Conferences & Trade Shows - - - - - - - - - - - - -
Promotion Materials - - - - - - - - - - - - -
YEAR 1
Public Relations - - - - - - - - - - - - -
Research - - - - - - - - - - - - -
Miscellaneous - - - - - - - - - - - - -
YEAR 1

Office Supplies - - - - - - - - - - - - -
Payroll Expenses
YEAR 1
Salaries & Wages - - - - - - - - - - - - -

Payroll Taxes - - - - - - - - - - - - -
Benefits - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
YEAR 1
Rent - - - - - - - - - - - - -
Telephone - - - - - - - - - - - - -
Travel - - - - - - - - - - - - -
YEAR 1
Utilities - - - - - - - - - - - - -
Vehicle - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
YEAR 1
Total Sales & Marketing Expenses - - - - - - - - - - - - -

YEAR 1
Y
YEAR 1
YEAR 1
YEAR 1 OPERATING EXPENSE PROJECTIONS
My Company
Productions Costs (from Inventory Workesheet)
Insurance - - - - - - - - - - - - -
YEAR 1
Miscellaneous - - - - - - - - - - - - -
Office Supplies - - - - - - - - - - - - -
YEAR 1
Payroll Expenses
Salaries & Wages - - - - - - - - - - - - -
Payroll Taxes - - - - - - - - - - - - -
Benefits - - - - - - - - - - - - -
Other
YEAR 1
- - - - - - - - - - - - -
Rent - - - - - - - - - - - - -
Rework - - - - - - - - - - - - -
Telephone - - - - - - - - - - - - -
Travel - - - - - - - - - - - - -
Utilities - - - - - - - - - - - - -
Vehicle - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Total Production Costs - - - - - - - - - - - - -
Total Company Expenses - - - - - - - - - - - - -

My Company
Assumptions - Year 1
Bank Charges
Dues & Subscriptions
Equipment Rent
Insurance
Licenses & Fees
Meals & Entertainment
Miscellaneous
Office Supplies
Outside Services
Payroll Expenses
Salaries & Wages
Payroll Taxes
Benefits
Other
Professional Fees
Property Taxes
Rent
YEAR 1

Research & Development
Shipping & Delivery
YEAR 1
Telephone
Travel
YEAR 1
Utilities
Vehicle
Other
Other
YEAR 1
Sales & Marketing

Equipment Rent
YEAR 1
Insurance
Marketing
Advertising
YEAR 1
Conferences & Trade Shows

Promotion Materials
Public Relations
Research
Miscellaneous
Office Supplies
Outside Services
Payroll Expenses
Salaries & Wages
Payroll Taxes
Benefits
Other
Rent
Telephone
Travel
Utilities
Vehicle
Other
Other

My Company
Bank Charges - - - - - - - - - - - - -
Equipment Rent - - - - - - - - - - - - -
Insurance - - - - - - - - - - - - -
Licenses & Fees - - - - - - - - - - - - -
Miscellaneous - - - - - - - - - - - - -
Office Supplies - - - - - - - - - - - - -
YEAR 2
Payroll Expenses
Salaries & Wages - - - - - - - - - - - - -
Payroll Taxes - - - - - - - - - - - - -
Benefits - - - - - - - - - - - - -
YEAR 2
Other - - - - - - - - - - - - -
Property Taxes - - - - - - - - - - - - -
Rent - - - - - - - - - - - - -
YEAR 2

Telephone - - - - - - - - - - - - -
YEAR 2

Travel - - - - - - - - - - - - -
Utilities - - - - - - - - - - - - -
Vehicle
YEAR 2
- - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
YEAR 2
Sales & Marketing

Equipment Rent - - - - - - - - - - - - -
Insurance - - - - - - - - - - - - -
YEAR 2
Marketing
Advertising - - - - - - - - - - - - -
YEAR 2
Research - - - - - - - - - - - - -
Miscellaneous - - - - - - - - - - - - -
YEAR 2

Office Supplies - - - - - - - - - - - - -
Payroll Expenses
YEAR 2
Salaries & Wages - - - - - - - - - - - - -

Payroll Taxes - - - - - - - - - - - - -
Benefits - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
YEAR 2
Rent - - - - - - - - - - - - -
Telephone - - - - - - - - - - - - -
Travel - - - - - - - - - - - - -
YEAR 2
Utilities - - - - - - - - - - - - -
Vehicle - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
YEAR 2

Insurance - - - - - - - - - - - - -
YEAR 2
Miscellaneous - - - - - - - - - - - - -
Office Supplies - - - - - - - - - - - - -
YEAR 2
Payroll Expenses
Salaries & Wages - - - - - - - - - - - - -
Payroll Taxes - - - - - - - - - - - - -
Benefits - - - - - - - - - - - - -
YEAR 2
Other - - - - - - - - - - - - -
Rent - - - - - - - - - - - - -
Rework - - - - - - - - - - - - -
Telephone - - - - - - - - - - - - -
Travel - - - - - - - - - - - - -
Utilities - - - - - - - - - - - - -
Vehicle - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Other - - - - - - - - - - - - -

My Company
Bank Charges
Equipment Rent
Insurance
Licenses & Fees
Miscellaneous
Office Supplies
Outside Services
Payroll Expenses
Salaries & Wages
Payroll Taxes
Benefits
Other
Professional Fees
Property Taxes
Rent
YEAR 2

Shipping & Delivery
YEAR 2
Telephone
Travel
YEAR 2
Utilities
Vehicle
Other
Other
YEAR 2
Sales & Marketing

Equipment Rent
YEAR 2
Insurance
Marketing
Advertising
YEAR 2

Promotion Materials
Public Relations
Research
Miscellaneous
Office Supplies
Outside Services
Payroll Expenses
Salaries & Wages
Payroll Taxes
Benefits
Other
Rent
Telephone
Travel
Utilities
Vehicle
Other
Other

My Company
Bank Charges - - - - - - - - - - - - -
Equipment Rent - - - - - - - - - - - - -
Insurance - - - - - - - - - - - - -
Licenses & Fees - - - - - - - - - - - - -
Miscellaneous - - - - - - - - - - - - -
Office Supplies - - - - - - - - - - - - -
YEAR 3
Payroll Expenses
Salaries & Wages - - - - - - - - - - - - -
Payroll Taxes - - - - - - - - - - - - -
Benefits - - - - - - - - - - - - -
YEAR 3
Other - - - - - - - - - - - - -
Property Taxes - - - - - - - - - - - - -
Rent - - - - - - - - - - - - -
YEAR 3

Telephone - - - - - - - - - - - - -
YEAR 3

Travel - - - - - - - - - - - - -
Utilities - - - - - - - - - - - - -
Vehicle
YEAR 3
- - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
YEAR 3
Sales & Marketing

Equipment Rent - - - - - - - - - - - - -
Insurance - - - - - - - - - - - - -
YEAR 3
Marketing
Advertising - - - - - - - - - - - - -
YEAR 3
Research - - - - - - - - - - - - -
Miscellaneous - - - - - - - - - - - - -
YEAR 3

Office Supplies - - - - - - - - - - - - -
Payroll Expenses
YEAR 3
Salaries & Wages - - - - - - - - - - - - -

Payroll Taxes - - - - - - - - - - - - -
Benefits - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
YEAR 3
Rent - - - - - - - - - - - - -
Telephone - - - - - - - - - - - - -
Travel - - - - - - - - - - - - -
YEAR 3
Utilities - - - - - - - - - - - - -
Vehicle - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
YEAR 3

Insurance - - - - - - - - - - - - -
YEAR 3
Miscellaneous - - - - - - - - - - - - -
Office Supplies - - - - - - - - - - - - -
YEAR 3
Payroll Expenses
Salaries & Wages - - - - - - - - - - - - -
Payroll Taxes - - - - - - - - - - - - -
Benefits - - - - - - - - - - - - -
Other
YEAR 3
- - - - - - - - - - - - -
Rent - - - - - - - - - - - - -
Rework - - - - - - - - - - - - -
Telephone - - - - - - - - - - - - -
Travel - - - - - - - - - - - - -
Utilities - - - - - - - - - - - - -
Vehicle - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Other - - - - - - - - - - - - -

My Company
Bank Charges
Equipment Rent
Insurance
Licenses & Fees
Miscellaneous
Office Supplies
Outside Services
Payroll Expenses
Salaries & Wages
Payroll Taxes
Benefits
Other
Professional Fees
Property Taxes
Rent
YEAR 3

Shipping & Delivery
YEAR 3
Telephone
Travel
YEAR 3
Utilities
Vehicle
Other
Other
YEAR 3
Sales & Marketing

Equipment Rent
YEAR 3
Insurance
Marketing
Advertising
YEAR 3

Promotion Materials
Public Relations
Research
Miscellaneous
Office Supplies
Outside Services
Payroll Expenses
Salaries & Wages
Payroll Taxes
Benefits
Other
Rent
Telephone
Travel
Utilities
Vehicle
Other
Other

Capital Budget Worksheet

Use this worksheet to record depreciation on existing capital assets (equipment, furniture, vehicles, etc.),
future capital purchases, applicable depreciation, and other capital expenditures (owner draws, dividend
payments, etc.). Read through the instructions for each section to determine which sections pertain to your
business. Repeat each step for Years 2 & 3.
Section A -- Depreciation (existing capital assets) - Did you enter capital assets (Computer Equipment,
Equipment/Machinery, Furniture & Fixtures, Leasehold Improvements, Vehicles, or Building) in either the
Set-up Worksheet or the Start-up Worksheet? If the answer is yes, complete this section. If not, go to Section
B.
Step 1: (For Existing Companies) The capital asset balance from the Set-up Worksheet is -
If you do not fill out the details in this table, this balance will automatically be depreciated over
the next five years. If you would like a more accurate and detailed estimate of depreciation, fill out
the
following table. To use the table, first enter the balance net of accumulated depreciation for each
category of capital asset. Then, enter the useful life in years that remains to be depreciated. The
total of all the capital assets must equal the capital asset balance in cell H14, from the Set-up
Worksheet. If the totals do not match, the balance in cell H14 will be depreciated over five years.
Do not include land values in this table. For land, see Section C, Step 5.
Annual Annual Annual

Capital Asset Balance Useful Life Depreciation Depreciation Depreciation
Computer & Office Equipment - 3 - - -
Machinery/Manufacturing Equip - 7 - - -
Furniture & Fixtures - 7 - - -
Vehicles - 5 - - -
Leasehold Improvements - 5 - - -
Building - 20 - - -
- - - -
Step 2: (For Start-up Companies) The capital asset balances from the Start-up Worksheet are in the table
below. They will be depreciated according to the useful life shown starting in January of
Year 1. You may change the useful life if you know your depreciation schedule will differ from the
standard.
standard.
Annual Annual Annual
Capital Asset Balance Useful Life Depreciation Depreciation Depreciation
Computer & Office Equipment - 3 - - -
Machinery/Manufacturing Equip - 7 - - -
Furniture & Fixtures - 7 - - -
Vehicles - 5 - - -
Leasehold Improvements - 5 - - -
Building - 20 - - -
- - - -
Step 3: Proceed to Section B.
DEPRECIATION SCHEDULES
My Company
Year 1 Existing Assets JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTAL
Set-up Assets (no detail entered) - - - - - - - - - - - - -
Set-up Assets (detail entered) - - - - - - - - - - - - -
Start-up Purchases - - - - - - - - - - - - -
Total - - - - - - - - - - - - -
Year 2 Existing Assets
Total - - - - - - - - - - - - -
Year 3 Existing Assets
Total - - - - - - - - - - - - -
Section B -- Capital Asset Purchases and Depreciation
Step 1: Enter the capital asset purchases you expect to make over the next three years on the following
rows, beginning in row 94. If you entered capital items into the Start-up Worksheet, do not enter
those existing capital items again in these rows. They will be counted twice if you do.
Step 2: Depreciation for new capital expenditures will be figured based on the table below. The purchase
price of each capital item is divided by the estimated useful life listed below. This is your yearly
depreciation expense. The yearly estimate is divided by 12 to project your monthly depreciation
expense for each item. These estimates are for projection purposes only. Actual depreciation
calculations are complex and you should call on the expertise of your accountant or bookkeeper
for actual figures. You may change the default estimated life of the capital budget categories in the
yellow boxes below. Do not change any defaults to less than three years. If an asset will not
last at least three years, you should expense it at the time of purchase.
Computer & Office Equipment 3 years 5
Machinery/Manufacturing Equipment 7 years 8
Furniture 7 years 7
Vehicles 5 years 5
Leasehold Improvements Term of Lease 5
Building 20 years 20
Step 3: Proceed to Section C.
Year 1 New Purchases JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTAL
Computer & Office Equipment - - - - - - - - - - - -
Computer/Office Equip. Deprec. - - - - - - - - - - - - -
Machinery/Manufacturing Equip. - - - - - - - - - - - - -
Machinery/Mftg. Equip. Deprec. - - - - - - - - - - - - -
Furniture - - - - - - - - - - - - -
Furniture Depreciation - - - - - - - - - - - - -
Leasehold Improvements - - - - - - - - - - - - -
Leasehold Depreciation - - - - - - - - - - - - -
Vehicles - - - - - - - - - - - - -
Vehicle Depreciation - - - - - - - - - - - - -
Building - - - - - - - - - - - - -
Building Depreciation - - - - - - - - - - - - -
Year 2 New Purchases
Computer & Office Equipment - - - - - - - - - - - -
Machinery/Manufacturing Equip. - - - - - - - - - - - -
Furniture - - - - - - - - - - - - -
Vehicles - - - - - - - - - - - - -
Building - - - - - - - - - - - - -
Year 3 New Purchases
Computer & Office Equipment - - - - - - - - - - - - -
Machinery/Manufacturing Equip. - - - - - - - - - - - - -
Furniture - - - - - - - - - - - - -
Vehicles - - - - - - - - - - - - -
Building - - - - - - - - - - - - -
Section C -- Other Capital Expenditures
Step 1: If your company is a sole proprietorship, partnership, or LLC, and the owners/investors draw
money out of the business (not salary expense), record Year 1 amounts in rows 162-163, Year 2 in
rows 192-193, and Year 3 in rows 222 - 223.
Step 2: If your company is a regular corporation or an S corporation and dividends on stocks are expected
to be paid, record Year 1 in row 164, Year 2 in row 194, and Year 3 in row 224.
Step 3: If you expect to pay security deposits, such as rent and utilities, enter the amount of the deposits
for Year 1 in row 165, Year 2 in row 195, and Year 3 in row 225.
Step 4: Do you own patents or have goodwill on your historical balance sheet? These items should be
amortized. Check your historical statements or amortization schedule for these amounts. Record
Year 1 amounts in row 166, Year 2 in row 196, and Year 3 in row 226.
Step 5: If you expect to purchase land, which is not depreciated, enter those purchases for Year 1 in row
170, Year 2 in row 200, and Year 3 in row 230.
Step 6: Proceed to the Equity & Debt Worksheet.
Note: To print individual years' data, see Print Settings Sheet
CAPITAL BUDGET PROJECTIONS

My Company
YEAR 1
Capital Budget
Owner's Draw - - - - - - - - - - - - -
Investor's Draw - - - - - - - - - - - - -
YEAR 1
Dividends Paid - - - - - - - - - - - - -
Security Deposits - - - - - - - - - - - - -
Amortization - - - - - - - - - - - - -
Depreciation (existing assets) - - - - - - - - - - - - -
YEAR 1
Capital Asset Purchases - - - - - - - - - - - - -

Depreciation (new purchases) - - - - - - - - - - - - -
Land - - - - - - - - - - - - -
Year 1 Total Depreciation -
Owner's Draw
YEAR 1 YEAR 1 YEAR 1 YEAR 1
Investor's Draw
Dividends Paid
Security Deposits
Amortization
Equipment
Equipment Depreciation
Furniture
Furniture Depreciation
Leasehold Improvements
Leasehold Depreciation
Vehicles
Vehicle Depreciation
Building
Building Depreciation
Land
YEAR 2
Capital Budget
Owner's Draw - - - - - - - - - - - - -
Investor's Draw - - - - - - - - - - - - -
YEAR 2
Dividends Paid - - - - - - - - - - - - -
Amortization - - - - - - - - - - - - -
YEAR 2

Land - - - - - - - - - - - - -
Owner's Draw
Investor's Draw
Dividends Paid
Security Deposits
Amortization
Equipment
Furniture
Vehicles
Building
Land
YEAR 3
Capital Budget
Owner's Draw - - - - - - - - - - - - -
Investor's Draw - - - - - - - - - - - - -
YEAR 3
Dividends Paid - - - - - - - - - - - - -
Amortization - - - - - - - - - - - - -
YEAR 3

Land - - - - - - - - - - - - -
Owner's Draw
Investor's Draw
Dividends Paid
Security Deposits
Amortization
Equipment
Furniture
Vehicles
Building
Land

Equity & Debt Worksheet

Use this worksheet to record equity investments and to calculate payments for your existing loans and forecast any
new borrowing for the planning period. Follow the steps in each section. Begin with Section A.
Section A -- Equity Investment - Do you plan to invest your own cash or ask other investors for cash investments
over the next three years? If so, complete this section. If not, proceed to Section B.
Step 1: Record the cash you or other owners/investors will invest in the company over the next three years. Enter
the cash investments in the months you plan to receive the cash in the business as follows:
Equity for sole proprietorships, partnerhips and LLCs on rows 27 - 29.
Common Stock purchases for C or S corporations on rows 34 - 36.
Preferred Share purchases (A or B) for C corporations or some LLCs on rows 40 - 42 and 46 - 48.
Step 2: Proceed to Section B.
Equity Investment
My Company
Equity Contributions for Sole Proprietorships, Partnerships, and LLCs

Equity
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTAL
Year 1 - - - - - - - - - - - - -
Year 2 - - - - - - - - - - - -
Year 3 - - - - - - - - - - - - -
Equity Contributions for Corporations

Common Stock (C & S Corporations)
Year 1 - - - - - - - - - - - - -
Year 2 - - - - - - - - - - - - -
Year 3 - - - - - - - - - - - - -
Preferred Shares - A (C Corporations or LLCs)

Year 1 - - - - - - - - - - - - -
Year 2 - - - - - - - - - - - - -
Year 3 - - - - - - - - - - - - -
Preferred Shares - B (C Corporations or LLCs)

Year 1 - - - - - - - - - - - - -
Year 2 - - - - - - - - - - - - -
Year 3 - - - - - - - - - - - - -
Section B -- Real Estate Loans - If you have an existing loan on real estate (building, land) or you are going to
acquire a loan to purchase real estate, complete this section. If not, proceed to Section C.
Step 1: Enter the amount of money you plan to borrow for real estate in the month you plan to obtain it. Do not
enter balances on existing real estate loans. The current balance of an existing real estate loan, from the Set-
Up or Start-Up Worksheets, will appear in cell C69. Enter Year 1 borrowing in row 71, Year 2 in row 73,
and Year 3 in row 75.
Step 2: Enter the payments to pay back real estate loans in the appropriate months (repayment cells begin on row
79). Include payments on the existing balance in cell C44 and on new loans. Separate principal payments
from interest. To get this information, ask the loan provider for an amortization schedule that shows
each month's payments in principal payback and interest, or use the amortization schedule on the next
worksheet to figure your own principal and interest payments. If you have more than one loan, add the
principal payback for all loans together and enter as one amount for each month. Do the same for interest.
Step 3: Proceed to Section C.
Real Estate Loans

My Company
Existing Balance -
New Borrowing JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTAL
Year 1 - - - - - - - - - - - - -
Outstanding balance - - - - - - - - - - - -
Year 2 - - - - - - - - - - - - -
Year 3 - - - - - - - - - - - - -
Repayment JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTAL
Year 1 - principal - - - - - - - - - - - - -
Year 1 - interest - - - - - - - - - - - - -
Year 2 - principal - - - - - - - - - - - - -
Year 2 - interest - - - - - - - - - - - - -
Year 3 - principal - - - - - - - - - - - - -
Year 3 - interest - - - - - - - - - - - - -
Section C -- Traditional Business Loan and /or other Long-term Loans - Do you have an existing loan or are you
going to acquire a loan for start-up, operations or growth of the business? If so, complete this section. If not, proceed
to Section D. Do not put short-term loans, such as a line of credit, in this section.
Step 1: For each loan, enter the amount of money you plan to borrow in the month you plan to obtain it. Do not
enter balances on existing business loans. The current balance of an existing business loan, from the Set-
Up or Start-Up Worksheets, will appear in cell C109. Enter Year 1 borrowing in row 111, Year 2 in row 113,
and Year 3 in row 115.
Step 2: For each loan, enter the payments to pay back the loan in the appropriate months. Repayment cells for
existing loans and Loan 1 begin on row 119 and on row 130 for new Loan 2. Include payments on the
existing loan balance in cell C109 (Loan 1) and on new loans. Separate principal payments from interest. To
get
this information, ask the loan provider for an amortization schedule that shows each month's payment in
principal payback and interest, or use the amortization schedule on the next worksheet to figure your own
principal and interest payments. If you have an existing balance and more than one new loan, add the
principal payback for all new loans together and enter as one amount for each month in Loan 2. Do the same
for interest.
Step 3: Proceed to Section D.
Traditional Business Loan and/or other Long-term Loans

My Company
Loan 1
Existing Balance -
New Borrowing JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTAL
Year 1 - - - - - - - - - - - - -
Year 2 - - - - - - - - - - - - -
Year 3 - - - - - - - - - - - - -
Year 1 - principal - - - - - - - - - - - - -
Year 1 - interest - - - - - - - - - - - - -
Year 2 - principal - - - - - - - - - - - - -
Year 2 - interest - - - - - - - - - - - - -
Year 3 - principal - - - - - - - - - - - - -
Year 3 - interest - - - - - - - - - - - - -
Loan 2
Borrowing JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTAL
Year 1 - - - - - - - - - - - - -
Year 2 - - - - - - - - - - - - -
Year 3 - - - - - - - - - - - - -
Year 1 - principal - - - - - - - - - - - - -
Year 1 - interest - - - - - - - - - - - - -
Year 2 - principal - - - - - - - - - - - - -
Year 2 - interest - - - - - - - - - - - - -
Year 3 - principal - - - - - - - - - - - - -
Year 3 - interest - - - - - - - - - - - - -
Section D -- Line of Credit - This type of short-term loan is used to cover cash shortfalls as they occur, such as
fluctuations due to seasonality. These loans are not meant to cover long-term operations or equipment purchases. Do
you need cash to cover shortfalls? If so, complete this section. If you are unsure, proceed to Section E.
Step 1: Enter the amount of money you plan to borrow in the month you plan to receive it. Borrowing cells begin on
row 165. If you have an existing Line of Credit balance, from the Set-Up or Start-Up Worksheets, that
amount will appear in cell C162 and will automatically add to your ongoing balance.
Step 2: Enter the annual interest rate you expect to pay on this line of credit. 0.0%
Interest is paid on the outstanding balance. These interest payments will be automatically entered for you.
Step 3: Enter the payments to pay back the principal of this loan as you have the cash available. Pay this loan down
to $0 at least once each year. Repayment cells begin on row 173.
Step 4: Go to Section E of this Worksheet.
Line of Credit
My Company
Existing Balance -
Borrowing JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTAL
Year 1 - - - - - - - - - - - - -
Year 2 - - - - - - - - - - - - -
Year 3 - - - - - - - - - - - - -
Year 1 - principal - - - - - - - - - - - - -
Year 1 - interest - - - - - - - - - - - - -
Year 2 - principal - - - - - - - - - - - - -
Year 2 - interest - - - - - - - - - - - - -
Year 3 - principal - - - - - - - - - - - - -
Year 3 - interest - - - - - - - - - - - - -
Year 1 - total principal paid -

Year 1 - total interest paid -
Section E -- Cash Position - The following cash balances are based on all the projections for spending and sales as well as borrowing and equity investments you have made to this point. If your cash is not
sufficient to support the start-up, daily operations, and growth of your company (if there are amounts near or below $0, or below a minimum cash balance you desire), complete this section. If you have
enough cash you are finished with this worksheet.
Cash Balance JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
Year 1 - - - - - - - - - - - -
Year 2 - - - - - - - - - - - -
Year 3 - - - - - - - - - - - -
Step 1: You must acquire enough cash to support the start-up, daily operations, and growth of your company. Review the cash balances above and identify the points at which you need to obtain additional
cash (when the cash balance is near or below $0, or below a minimum cash balance you desire). Consider the following options:
Option 1: Owner Investment - The owner contributes cash in the form of an equity investment. This is not a loan and will not be repaid. Enter these contributions in Section A of this
worksheet.
Option 2: Additional Business Loan - Increase the amount of traditional business loans and/or other long-term loans. These funds are usually provided to support long-term operations
and to purchase capital assets. Enter this additional financing in Section C of this worksheet.
Option 3: Outside Investors - Cash may be available to you from outside investors (angel investors or venture capitalists). These funds may be made available to you in the form of a
loan, but are most likely to be equity financing, that is, the outside investors become part owners in your company. Enter this information in Section A of this worksheet for
equity contributions. Enter any debt portions in Section C of this worksheet.
Option 4: Line of Credit - Short-term financing to cover cash shortfalls as they occur. This type of financing is appropriate to cover seasonal and periodic cash shortages. Enter this
financing in Section E of this worksheet.
Step 2: After adjusting loan and equity cash infusions, review your cash balances again. Are the cash balances sufficient to support start-up, operations and growth? If yes, you
are finished with this worksheet. If no, repeat Step 1.
Step 3: If you have completed this worksheet, your are ready to look at the financial output sheets (Cash Flow, Year-End Income Statement and Balance Sheet, and Ratio Analysis).
You may go to the Print Options worksheet to print any combination of worksheets and financial statements you need.

Amortization Schedule Worksheet

Use this worksheet to determine how much of your monthly payment is principal and how
much is interest. If you have more than one loan, you must print a new sheet for each set of
assumptions.
If your loan provider has given you an amortization schedule or you have no loans, there is no
need for you to use this worksheet.
Steps: Enter three known variables in the blue table, including the amount of the loan needed,
the annual interest rate, and the term of the loan in months (5 years=60).
Amount of Loan -
Annual Interest Rate 0.0%
Term of Loan (in months) -
Monthly Outstanding
Month Payment Principal Interest Balance
-
1 #VALUE! #VALUE! - #VALUE!

Projected Monthly Income Statement

These monthly income statements are provided for planning purposes.
They can be included in the appendix of the plan. Only the Year-End Income Statements will be included in the body of the business plan.
MONTHLY INCOME STATEMENT

My Company
2006 Pre Start-up JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Net Sales (less returns & allowances) - - - - - - - - - - - - -
Cost of Goods Sold - - - - - - - - - - - - -
Gross Income - - - - - - - - - - - - -

Bad Debt - - - - - - - - - - - - -
Bank Charges - - - - - - - - - - - - - -
Depreciation & Amortization - - - - - - - - - - - - -
Dues & Subscriptions - - - - - - - - - - - - - -
Equipment Rent - - - - - - - - - - - - - -
Insurance - - - - - - - - - - - - - -
Licenses & Fees - - - - - - - - - - - - - -
Meals & Entertainment - - - - - - - - - - - - - -
Miscellaneous - - - - - - - - - - - - - -
Office Expense (postage) - - - - - - - - - - - - - -
Office Supplies - - - - - - - - - - - - - -
Outside Services - - - - - - - - - - - - - -
Payroll Expenses - - - - - - - - - - - - -
Salaries & Wages - - - - - - - - - - - - - -
Payroll Taxes - - - - - - - - - - - - - -
Benefits - - - - - - - - - - - - - -
Other - - - - - - - - - - - - - -
Professional Fees - - - - - - - - - - - - - -
Property Taxes - - - - - - - - - - - - - -
Rent - - - - - - - - - - - - - -
Repairs & Maintenance - - - - - - - - - - - - - -
Research & Development - - - - - - - - - - - - - -
Shipping & Delivery - - - - - - - - - - - - - -
Telephone - - - - - - - - - - - - - -
Training & Development - - - - - - - - - - - - - -
Travel - - - - - - - - - - - - - -
Utilities - - - - - - - - - - - - - -
Vehicle - - - - - - - - - - - - - -
Other - - - - - - - - - - - - - -
Other - - - - - - - - - - - - - -
Total G & A Expenses - - - - - - - - - - - - - -

My Company
Sales & Marketing
Equipment Rent - - - - - - - - - - - - -
Insurance - - - - - - - - - - - - -
Marketing - - - - - - - - - - - - -
Advertising - - - - - - - - - - - - - -
Conferences & Trade Shows - - - - - - - - - - - - - -
Promotion Materials - - - - - - - - - - - - - -
Public Relations - - - - - - - - - - - - - -
Research - - - - - - - - - - - - - -
Miscellaneous - - - - - - - - - - - - -
Office Supplies - - - - - - - - - - - - - -
Payroll Expenses - - - - - - - - - - - - - -
Salaries & Wages - - - - - - - - - - - - -
Payroll Taxes - - - - - - - - - - - - -
Benefits - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Rent - - - - - - - - - - - - -
Telephone - - - - - - - - - - - - -
Travel - - - - - - - - - - - - -
Utilities - - - - - - - - - - - - -
Vehicle - - - - - - - - - - - - -
Other - - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Total Sales & Marketing Expenses - - - - - - - - - - - - - -
Total Operating Expenses - - - - - - - - - - - - - -
Operating Income - - - - - - - - - - - - - -
Interest Expense - - - - - - - - - - - - - -
Other Income (interest, royalties, etc.) - - - - - - - - - - - - - -
Income Before Taxes - - - - - - - - - - - - - -

My Company
2007 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Gross Income - - - - - - - - - - - - -

Bad Debt - - - - - - - - - - - - -
Bank Charges - - - - - - - - - - - - -
Equipment Rent - - - - - - - - - - - - -
Insurance - - - - - - - - - - - - -
Licenses & Fees - - - - - - - - - - - - -
Miscellaneous - - - - - - - - - - - - -
Office Supplies - - - - - - - - - - - - -
Salaries & Wages - - - - - - - - - - - - -
Payroll Taxes - - - - - - - - - - - - -
Benefits - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Property Taxes - - - - - - - - - - - - -
Rent - - - - - - - - - - - - -
Telephone - - - - - - - - - - - - -
Travel - - - - - - - - - - - - -
Utilities - - - - - - - - - - - - -
Vehicle - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Other - - - - - - - - - - - - -

My Company
Sales & Marketing
Equipment Rent - - - - - - - - - - - - -
Insurance - - - - - - - - - - - - -
Marketing
Advertising - - - - - - - - - - - - -
Research - - - - - - - - - - - - -
Miscellaneous - - - - - - - - - - - - -
Office Supplies - - - - - - - - - - - - -
Salaries & Wages - - - - - - - - - - - - -
Payroll Taxes - - - - - - - - - - - - -
Benefits - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Rent - - - - - - - - - - - - -
Telephone - - - - - - - - - - - - -
Travel - - - - - - - - - - - - -
Utilities - - - - - - - - - - - - -
Vehicle - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Total Operating Expenses - - - - - - - - - - - - -
Operating Income - - - - - - - - - - - - -
Interest Expense - - - - - - - - - - - - -
Other Income (interest, royalties, etc.) - - - - - - - - - - - - -
Income Before Taxes - - - - - - - - - - - - -

My Company
2008 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Total
Gross Income - - - - - - - - - - - - -

Bad Debt - - - - - - - - - - - - -
Bank Charges - - - - - - - - - - - - -
Equipment Rent - - - - - - - - - - - - -
Insurance - - - - - - - - - - - - -
Licenses & Fees - - - - - - - - - - - - -
Miscellaneous - - - - - - - - - - - - -
Office Supplies - - - - - - - - - - - - -
Salaries & Wages - - - - - - - - - - - - -
Payroll Taxes - - - - - - - - - - - - -
Benefits - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Property Taxes - - - - - - - - - - - - -
Rent - - - - - - - - - - - - -
Telephone - - - - - - - - - - - - -
Travel - - - - - - - - - - - - -
Utilities - - - - - - - - - - - - -
Vehicle - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Other - - - - - - - - - - - - -

My Company
Sales & Marketing
Equipment Rent - - - - - - - - - - - - -
Insurance - - - - - - - - - - - - -
Marketing - - - - - - - - - - - - -
Advertising - - - - - - - - - - - - -
Research - - - - - - - - - - - - -
Miscellaneous - - - - - - - - - - - - -
Office Supplies - - - - - - - - - - - - -
Salaries & Wages - - - - - - - - - - - - -
Payroll Taxes - - - - - - - - - - - - -
Benefits - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Rent - - - - - - - - - - - - -
Telephone - - - - - - - - - - - - -
Travel - - - - - - - - - - - - -
Utilities - - - - - - - - - - - - -
Vehicle - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Total Operating Expenses - - - - - - - - - - - - -
Operating Income - - - - - - - - - - - - -
Interest Expense - - - - - - - - - - - - -
Other Income (interest, royalties, etc.) - - - - - - - - - - - - -
Income Before Taxes - - - - - - - - - - - - -

My Company
Cash Flow Statement (Projected)
2006 Pre Start-up JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTAL
Cash In
Cash Sales - - - - - - - - - - - - -
Collections from Accounts Receivables - - - - - - - - - - - - -
Collection from Contracts Receivables - - - - - - - - - - - - -
Equity Received - - - - - - - - - - - - - -
Loans Received - - - - - - - - - - - - - -
Other Cash In (receipts from other assets) - - - - - - - - - - - - -
Other Cash In (interest, royalties etc.) - - - - - - - - - - - - -
Total Cash In - - - - - - - - - - - - - -
Total Cash Available - - - - - - - - - - - - - -
Cash Out
Inventory Expenditures
Inventory/Raw Material (Cash) - - - - - - - - - - - - - -
Inventory/Raw Material (Paid on Account) - - - - - - - - - - - - - -
Production Expenses - - - - - - - - - - - - - -
Operating Expenses
Bank Charges - - - - - - - - - - - - - -
Dues & Subscriptions - - - - - - - - - - - - - -
Equipment Rent - - - - - - - - - - - - - -
Insurance - - - - - - - - - - - - - -
Licenses & Fees - - - - - - - - - - - - - -
Marketing
Advertising - - - - - - - - - - - - - -
Conferences & Trade Shows - - - - - - - - - - - - - -
Promotion Materials - - - - - - - - - - - - - -
Public Relations - - - - - - - - - - - - - -
Research - - - - - - - - - - - - - -
Meals & Entertainment - - - - - - - - - - - - - -
Miscellaneous - - - - - - - - - - - - - -
Office Expense - - - - - - - - - - - - - -
Office Supplies - - - - - - - - - - - - - -
Outside Services - - - - - - - - - - - - - -
Payroll Expenses
Salaries & Wages - - - - - - - - - - - - - -
Payroll Taxes - - - - - - - - - - - - - -
Benefits - - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Professional Fees - - - - - - - - - - - - - -
Property Taxes - - - - - - - - - - - - - -
Rent - - - - - - - - - - - - - -
Repairs & Maintenance - - - - - - - - - - - - - -
Research & Development - - - - - - - - - - - - - -
Shipping & Delivery - - - - - - - - - - - - - -
Telephone - - - - - - - - - - - - - -
Training & Development - - - - - - - - - - - - - -
Travel - - - - - - - - - - - - - -
Utilities - - - - - - - - - - - - - -
Vehicle - - - - - - - - - - - - - -
Other - - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Other - - - - - - - - - - - - - -
Other - - - - - - - - - - - - - -
Paid on Account - - - - - - - - - - - - - -
Non-operating Costs
Capital Purchases - - - - - - - - - - - - - -
Dividends Paid - - - - - - - - - - - - - -
Estimated Income Tax Payments - - - - - - - - - - - - - -
Interest Payments - - - - - - - - - - - - - -
Loan Principal Payments - - - - - - - - - - - - - -
Owner's Draw - - - - - - - - - - - - - -
Other Cash Out - - - - - - - - - - - - - -
Total Cash Out - - - - - - - - - - - - - -
Monthly Cash Flow (cash in - cash out) - - - - - - - - - - - - - -

Beginning Cash Balance - - - - - - - - - - - - - -
Ending Cash Balance - - - - - - - - - - - - - -

My Company
2007 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTAL
Cash In
Cash Sales - - - - - - - - - - - - -
Collections from Contracts Receivables - - - - - - - - - - - - -
Equity Received - - - - - - - - - - - - -
Loans Received - - - - - - - - - - - - -
Total Cash In - - - - - - - - - - - - -
Total Cash Available - - - - - - - - - - - - -
Cash Out
Inventory/Raw Material (Cash) - - - - - - - - - - - - -
Inventory/Raw Material (Paid on Account) - - - - - - - - - - - - -
Production Expenses - - - - - - - - - - - - -
Operating Expenses
Bank Charges - - - - - - - - - - - - -
Equipment Rent - - - - - - - - - - - - -
Insurance - - - - - - - - - - - - -
Licenses & Fees - - - - - - - - - - - - -
Marketing
Advertising - - - - - - - - - - - - -
Research - - - - - - - - - - - - -
Miscellaneous - - - - - - - - - - - - -
Office Expense - - - - - - - - - - - - -
Office Supplies - - - - - - - - - - - - -
Payroll Expenses
Salaries & Wages - - - - - - - - - - - - -
Payroll Taxes - - - - - - - - - - - - -
Benefits - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Property Taxes - - - - - - - - - - - - -
Rent - - - - - - - - - - - - -
Telephone - - - - - - - - - - - - -
Travel - - - - - - - - - - - - -
Utilities - - - - - - - - - - - - -
Vehicle - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Paid on Account - - - - - - - - - - - - -
Non-operating Costs
Capital Purchases - - - - - - - - - - - - -
Dividends Paid - - - - - - - - - - - - -
Estimated Income Tax Payments - - - - - - - - - - - - -
Interest Payments - - - - - - - - - - - - -
Loan Principal Payments - - - - - - - - - - - - -
Owner's Draw - - - - - - - - - - - - -
Other Cash Out - - - - - - - - - - - - -
Total Cash Out - - - - - - - - - - - - -
Monthly Cash Flow (cash in - cash out) - - - - - - - - - - - - -

Beginning Cash Balance - - - - - - - - - - - - -
Ending Cash Balance - - - - - - - - - - - - -

My Company
2008 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTAL
Cash In
Cash Sales - - - - - - - - - - - - -
Collections from Contracts Receivables - - - - - - - - - - - - -
Equity Received - - - - - - - - - - - - -
Loans Received - - - - - - - - - - - - -
Total Cash In - - - - - - - - - - - - -
Total Cash Available - - - - - - - - - - - - -
Cash Out
Inventory/Raw Material (Cash) - - - - - - - - - - - - -
Inventory/Raw Material (Paid on Account) - - - - - - - - - - - - -
Production Expenses - - - - - - - - - - - - -
Operating Expenses
Bank Charges - - - - - - - - - - - - -
Equipment Rent - - - - - - - - - - - - -
Insurance - - - - - - - - - - - - -
Licenses & Fees - - - - - - - - - - - - -
Marketing
Advertising - - - - - - - - - - - - -
Research - - - - - - - - - - - - -
Miscellaneous - - - - - - - - - - - - -
Office Expense - - - - - - - - - - - - -
Office Supplies - - - - - - - - - - - - -
Payroll Expenses
Salaries & Wages - - - - - - - - - - - - -
Payroll Taxes - - - - - - - - - - - - -
Benefits - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Property Taxes - - - - - - - - - - - - -
Rent - - - - - - - - - - - - -
Telephone - - - - - - - - - - - - -
Travel - - - - - - - - - - - - -
Utilities - - - - - - - - - - - - -
Vehicle - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Other - - - - - - - - - - - - -
Paid on Account - - - - - - - - - - - - -
Non-operating Costs
Capital Purchases - - - - - - - - - - - - -
Dividends Paid - - - - - - - - - - - - -
Estimated Income Tax Payments - - - - - - - - - - - - -
Interest Payments - - - - - - - - - - - - -
Loan Principal Payments - - - - - - - - - - - - -
Owner's Draw - - - - - - - - - - - - -
Other Cash Out - - - - - - - - - - - - -
Total Cash Out - - - - - - - - - - - - -
Monthly Cash Flow (cash in - cash out) - - - - - - - - - - - - -

Beginning Cash Balance - - - - - - - - - - - - -
Ending Cash Balance - - - - - - - - - - - - -

My Company
Year-End
Income Statement (Projected)
2006 2007 2008

Net Sales (less returns & allowances) - #DIV/0! - #DIV/0! -
Cost of Goods Sold - #DIV/0! - #DIV/0! -
Gross Income $ - #DIV/0! $ - #DIV/0! $ -

Bad Debt Expense - #DIV/0! - #DIV/0! -
Bank Charges - #DIV/0! - #DIV/0! -
Depreciation & Amortization - #DIV/0! - #DIV/0! -
Dues & Subscriptions - #DIV/0! - #DIV/0! -
Equipment Rent - #DIV/0! - #DIV/0! -
Insurance - #DIV/0! - #DIV/0! -
Licenses & Fees - #DIV/0! - #DIV/0! -
Meals & Entertainment - #DIV/0! - #DIV/0! -
Miscellaneous - #DIV/0! - #DIV/0! -
Office Expense (postage) - #DIV/0! - #DIV/0! -
Office Supplies - #DIV/0! - #DIV/0! -
Outside Services - #DIV/0! - #DIV/0! -
Payroll Expenses
Salaries & Wages - #DIV/0! - #DIV/0! -
Payroll Taxes - #DIV/0! - #DIV/0! -
Benefits - #DIV/0! - #DIV/0! -
Other - #DIV/0! - #DIV/0! -
Professional Fees - #DIV/0! - #DIV/0! -
Property Taxes - #DIV/0! - #DIV/0! -
Rent - #DIV/0! - #DIV/0! -
Repairs & Maintenance - #DIV/0! - #DIV/0! -
Research & Development - #DIV/0! - #DIV/0! -
Shipping & Delivery - #DIV/0! - #DIV/0! -
Telephone - #DIV/0! - #DIV/0! -
Training & Development - #DIV/0! - #DIV/0! -
Travel - #DIV/0! - #DIV/0! -
Utilities - #DIV/0! - #DIV/0! -
Vehicle - #DIV/0! - #DIV/0! -
Total G & A Expenses - #DIV/0! - #DIV/0! -
Sales & Marketing

Dues & Subscriptions - #DIV/0! - #DIV/0! -
Equipment Rent - #DIV/0! - #DIV/0! -
Insurance - #DIV/0! - #DIV/0! -
Marketing
Advertising - #DIV/0! - #DIV/0! -
Conferences & Trade Shows - #DIV/0! - #DIV/0! -
Promotion Materials - #DIV/0! - #DIV/0! -
Public Relations - #DIV/0! - #DIV/0! -
Research - #DIV/0! - #DIV/0! -
Meals & Entertainment - #DIV/0! - #DIV/0! -
Miscellaneous - #DIV/0! - #DIV/0! -
Office Expense (postage) - #DIV/0! - #DIV/0! -
Office Supplies - #DIV/0! - #DIV/0! -
Outside Services - #DIV/0! - #DIV/0! -
Payroll Expenses
Salaries & Wages - #DIV/0! - #DIV/0! -
Payroll Taxes - #DIV/0! - #DIV/0! -
Benefits - #DIV/0! - #DIV/0! -

My Company
Year-End
Income Statement (Projected)
2006 2007 2008

Rent - #DIV/0! - #DIV/0! -
Telephone - #DIV/0! - #DIV/0! -
Training & Development - #DIV/0! - #DIV/0! -
Travel - #DIV/0! - #DIV/0! -
Utilities - #DIV/0! - #DIV/0! -
Vehicle - #DIV/0! - #DIV/0! -
Total Sales & Marketing Expenses - #DIV/0! - #DIV/0! -
Total Expenses $ - #DIV/0! $ - #DIV/0! $ -
Operating Income $ - #DIV/0! $ - #DIV/0! $ -
Interest Expense - #DIV/0! - #DIV/0! -

Other Income (interest, royalties, etc.) - #DIV/0! - #DIV/0! -
Income Before Taxes $ - #DIV/0! $ - #DIV/0! $ -
Income Taxes (if C Corp) - #DIV/0! - #DIV/0! -
Net Income $ - #DIV/0! $ - #DIV/0! $ -

My Company
Year-End
Balance Sheet (Projected)
2006 2007 2008
Assets
Current Assets
Cash & Equivalents - - -
Net Accounts Receivable - - -
Inventory - - -
Security Deposits - - -
Other Current Assets - - -
Contract Revenue Receivable - - -
Total Current Assets $ - $ - $ -
Fixed Assets
Property, Plant & Equipment - - -
Less: Accumulated Depreciation - - -
Other Non-current Assets - - -
Total Non-current Assets $ - $ - $ -
Total Assets $ - $ - $ -
Liabilities
Current Liabilities
Accounts Payable - - -
Line of Credit - - -
Other Current Liabilities - - -
Deferred Revenue - - -
Total Current Liabilities $ - $ - $ -
Long-term Liabilities
Loans - - -
Mortgages - - -
Other Long-term Liabilities - - -
Total Long-term Liabilities $ - $ - $ -
Total Liabilities $ - $ - $ -
Equity
Equity Investments - - -
Common Stock - - -
Preferred Stock - - -
Retained Earnings - - -
Less: Dividends or Owner's Draws - - -
Total Equity $ - $ - $ -

My Company
Financial Ratios
2006 2007 2008
Profitability Ratios
Gross Margin Gross Income #DIV/0! #DIV/0! #DIV/0!

Net Sales
Operating Margin Operating Income #DIV/0! #DIV/0! #DIV/0!

Net Sales
Net Margin Net Income #DIV/0! #DIV/0! #DIV/0!

Net Sales
Return on Assets (ROA) Net Income #DIV/0! #DIV/0! #DIV/0!

Total Assets
Return on Equity (ROE) Net Income #DIV/0! #DIV/0! #DIV/0!

Total Equity
Liquidity Ratios
Current Ratio Total Current Assets #DIV/0! #DIV/0! #DIV/0!

Total Current Liabilities
Quick Ratio Current Assets - Inventory #DIV/0! #DIV/0! #DIV/0!

Current Liabilities
Adjusted Quick Ratio Current Assets - Inventory #DIV/0! #DIV/0! #DIV/0!

Current Liabilities - Deferred Revenue
Risk Ratios
Debt Ratio Total Liabilities #DIV/0! #DIV/0! #DIV/0!

Total Assets
Debt to Equity Total Liabilities #DIV/0! #DIV/0! #DIV/0!

Total Equity
Efficiency Ratios
Inventory Turnover Cost of Goods Sold #DIV/0! #DIV/0! #DIV/0!

Inventory
Days Sales Outstanding (DSO) Accounts Receivable #DIV/0! #DIV/0! #DIV/0!

Net Sales/365
Investment Turnover Ratio Net Sales #DIV/0! #DIV/0! #DIV/0!

My Company
Annual Snapshot
2006 2007 2008
Revenue $ - $ - $ -
Cost of Goods Sold $ - $ - $ -
Gross Profit $ - $ - $ -
NA NA NA
Operating Expenses $ - $ - $ -
NA NA NA
EBIT $ - $ - $ -
Net Income $ - $ - $ -
NA NA NA
Employees - - -
Investment Required $ - $ - $ -
CAPEX $ - $ - $ -
Beginning Cash Balance $ - $ - $ -
Ending Cash Balance $ - $ - $ -
Revenue per Employee $ - $ - $ -

12/08/2017 FastTrac Financial Template
Print All Instructions Print Equity & Debt Worksheet
Print Financial Projections Print Year 1 Capital Budget Projections
Print Historical Balance Sheet Print Year 2 Capital Budget Projections
Print Payoff Schedule Print Year 3 Capital Budget Projections
Print Start-up Expenditures Print Depreciation Schedules
Print Year 1 Sales Projections Print Year 1 Monthly Income Statement
Print Year 1 Headcount Projections Print Year 1 Cash Flow Statement
Print Year 1 Inventory Projections Print Year-End Income Statement
Print Year 2 Inventory Projections Print Year-End Balance Sheet
Print Year 3 Inventory Projections Print Ratio Analysis
Print Year 1 Operating Expenses Projections Print Annual Snapshot
Print Year 2 Operating Expenses Projections
Print Year 3 Operating Expenses Projections

+++3-Year Financial Template

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12/08/2017 FastTrac TechVenture Financial Template

FASTTRAC TECHVENTURE 3-YEAR FINANCIAL TEMPLATE

FastTrac is a trademark of the Ewing Marion Kauffman Foundation.

Introduction - Contains critical information for using this template.

Set-up Worksheet: Company Information/Historical Balance Sheet

HISTORICAL BALANCE SHEET

Total Liabilities and Equity $ -

Year 2 Payoff Schedule

Year 3 Payoff Schedule

Copyright 2006 Ewing Marion Kauffman Foundation. All Rights Reserved.

Start-up Worksheet: Funding & Expenditures

Step 7: Proceed to the Sales Worksheet.

START-UP FUNDING & EXPENDITURES

Total Start-up Expenditures -

Copyright 2006 Ewing Marion Kauffman Foundation. All Rights Reserved.

Step 9: Proceed to the Headcount Worksheet.

Note: To print individual years' data, see Print Options Sheet

Less: Returns & Allowances

Less: Returns & Allowances

Bad Debt Expense - Accrual - - - - - - - - - - - - -

Less: Returns & Allowances

Copyright 2006 Ewing Marion Kauffman Foundation. All Rights Reserved.

Step 9: Proceed to the Inventory Worksheet.

Copyright 2006 Ewing Marion Kauffman Foundation. All Rights Reserved.

Sales & Mktg Headcount - - - - - - - - - - - -

Copyright 2006 Ewing Marion Kauffman Foundation. All Rights Reserved.

Copyright 2006 Ewing Marion Kauffman Foundation. All Rights Reserved.

Sales & Mktg Headcount - - - - - - - - - - - -

Copyright 2006 Ewing Marion Kauffman Foundation. All Rights Reserved.

Copyright 2006 Ewing Marion Kauffman Foundation. All Rights Reserved.

Sales & Mktg Headcount - - - - - - - - - - - -

Copyright 2006 Ewing Marion Kauffman Foundation. All Rights Reserved.

Copyright 2006 Ewing Marion Kauffman Foundation. All Rights Reserved.

Step 8: Proceed to the Operating Expenses Worksheet.

Note: To print individual years' data, see Print Options Sheet

Copyright 2006 Ewing Marion Kauffman Foundation. All Rights Reserved.

Training & Development - - - - - - - - - - - - -

Copyright 2006 Ewing Marion Kauffman Foundation. All Rights Reserved.

Office Expense (postage)

Copyright 2006 Ewing Marion Kauffman Foundation. All Rights Reserved.

Repairs & Maintenance - - - - - - - - - - - - -

Training & Development - - - - - - - - - - - - -

Copyright 2006 Ewing Marion Kauffman Foundation. All Rights Reserved.

Copyright 2006 Ewing Marion Kauffman Foundation. All Rights Reserved.

Training & Development - - - - - - - - - - - - -

Copyright 2006 Ewing Marion Kauffman Foundation. All Rights Reserved.

Repairs & Maintenance

Copyright 2006 Ewing Marion Kauffman Foundation. All Rights Reserved.

Operating Expenses Worksheet

Step 5: Proceed to the Capital Budget Worksheet.

Note: To print individual years' data, see Print Options Sheet

OPERATING EXPENSE PROJECTIONS

Repairs & Maintenance - - - - - - - - - - - - -

Training & Development - - - - - - - - - - - - -

Sales & Marketing

Office Expense (postage) - - - - - - - - - - - - -

Salaries & Wages - - - - - - - - - - - - -

Total Sales & Marketing Expenses - - - - - - - - - - - - -

Copyright 2006 Ewing Marion Kauffman Foundation. All Rights Reserved.

Copyright 2006 Ewing Marion Kauffman Foundation. All Rights Reserved.

Repairs & Maintenance

Sales & Marketing

Conferences & Trade Shows

Copyright 2006 Ewing Marion Kauffman Foundation. All Rights Reserved.