This term is familiar to most commercial loan officers and small business investors.
How to use Financial Plan Model Inputs Use the Model Inputs sheet to enter information about your business that will be used to model results seen on the other pages. Forecasted Revenue The forecasted revenue section allows you to estimate your revenue for 4 different products.
Simply use the white boxes to enter the number of units you expect to 5 year business plan spreadsheet, and the price you expect to sell them for, and the spreadsheet will calculate the total revenue for each product for the year.
If you want to give your products names, simply type over the words "Product 1", "Product 2" etc. Cost of Goods Sold Your margins are unlikely to be the same on all of your products, so the cost of goods sold allows you to enter your expected gross margin for each product into the white boxes in Column B.
The spreadsheet will automatically calculate the annual cost of goods sold based on this information, along with your forecasted revenue. Annual Maintenance, Repair and Overhaul As the cost of annual maintenance, repair and overhaul is likely to increase each year, you will need to enter a percentage factor on your capital equipment in the white box in Column B.
This will be used to calculate your operating expenses in the profit and loss sheet. Asset Depreciation Use the white box to enter the number of years you expect your assets to depreciate over.
This may vary greatly from business to business, as assets in some sectors depreciate much more quickly than they do in others. Tax In most parts of the world, you will have to pay income on your earnings.
Enter the annual tax rate that applies to your circumstances in the white box in Column B. If you have to pay any other taxes, these can be entered later on the Profit and Loss sheet. Inflation Although you cannot be certain of the level of inflation, you will still need to try and plan for it when coming up with a 5-year financial plan.
The International Monetary Fund provide forecasts for a number of countries, so is a good place to look if you are unsure what to enter here. Simply enter your inflation rate in the white box. Product Price Increase As a consumer, you are no doubt aware that the price of products goes up over time.
Enter a number in the white box to show the expected annual price increase of your products to enable the spreadsheet to calculate income in future years. If you are unsure what to put here, increasing your product price in line with inflation is a good starting point.
If your business is just starting out, you may be able to command higher prices for your products or services as the years go on, as you build up brand recognition and a good reputation.
Funding The funding section allows you to enter information about your business loan.
To use this section, simply fill in the three white boxes representing the amount of the loan, the annual interest rate and the term of the loan in months - for example, 12 for 1 year, 24 for 2 years, 36 for 3 years, 48 for 4 years, or 60 for a 5 year loan.
Profit and loss This sheet calculates your profit and loss for each year over a 5 year period. The profit and loss assumptions, along with income, are automatically calculated using information entered in the model inputs sheet.
Non-Operation Income You may have, or be expecting some income in addition to your operating income.Sample Business Plans at ashio-midori.com - Finding a business plan for similar businesses in your industry is a great way to get ideas for what to include in your plan.
This site is a great resource for not only finding sample plans, but also for creating a business plan online using their step-by-step approach. As with a business plan, nonprofit planning may include sections for evaluating risks and opportunities, measuring financial resources, developing a marketing plan, and creating objectives for organizational change.
Five Year Projections Income Statement Net sales Cost of goods sold Net Operating Income Operating expenses These are invaluable small business tools. Also included Free are: Business plan tools, including spreadsheets and excellent instructions - Excel functions glossary and guide;.
Jul 19, · In a five-year business plan, you should convince the reader that your products/services are marketable now and will continue to be popular in the coming years.
This 5 year plan template was designed for professionals who need to summarize long term plans for client or executive communications.
Long term planners need to estimate and forecast resource requirements and schedules for stakeholders and clients who only want to see top level summaries of a plan.
Whether you are already running a business, or making plans to start one up, financial planning is a vital part of ensuring your success. Not knowing your expected income and expenditure will make it difficult to plan, and hard to find investors..
This 5-Year Financial Plan spreadsheet will make it easy for you to calculate profit and loss, view your .