You’ll likely need to massage these numbers. Use these numbers as a starting point to project your revenue and expenses for the next year. If you lack such statements, go through your income and expense records and bank statements for the prior year. These statements should include an itemized list of the fixed and variable expenses you incurred during the year. If you have an established business, look at your most recent financial statements. The best way to do this is to look at your business’s past performance. To create a budget, you must project future revenue and expenses. Here are six steps to creating a small business budget. Your budget should cover at least one year and include monthly income and expense projections. Obtain a business loan from a bank or other from a financial institution, or equity funding from investors.Identify leftover funds you can reinvest.Predict slow months so you can plan for them.

Figure out what changes you need to make to have a profitable business by comparing budgeted vs.Estimate your business’s cash flow so you know whether you can meet expenses and fund new projects.Determine how much money you need to earn to break even and earn a profit.Project startup costs if you’re beginning a new business.Without a budget, it will be difficult for you to know how well (or poorly) your business is doing.

If you’d like to add up totals fast, do it automatically with our quick calculation feature! No matter what kind of budget you’re in charge of, Jotform’s free Budget Sheets make it easier than ever to record payments and manage your amounts on any device.A budget is a document that projects a business’s future sales, costs, profits and cash flow. You can even download your spreadsheets as PDF, CSV, or Excel files or share them with your coworkers or family members online!Ĭustomizing your chosen Budget Sheet template is easy - in just a couple of clicks you can add new rows and tabs, update label names and colors, rearrange the layout, and choose to view your data in spreadsheet, card, or calendar format. Start by choosing a template below that most closely matches your needs - then customize it with our user-friendly interface and fill out the attached form to auto-populate your spreadsheet. Track your expenses and manage your budget online with Jotform’s free Budget Sheets! Whether you’re managing balances for your business or keeping track of payments at home, expertly manage your budget in a professional online spreadsheet.

Monthly revenue and expenses template