Business Planning & Financial Statement Templates


The Small Business Administration (SBA), SCORE, the Small Business Development Center (SBDC), and the Luverne Economic Development Authority make the success of your business our business. Accurately tracking financial data is not only critical for running the day-to-day operations of your small business, but it is also essential when seeking funding from lenders or investors to take your business to the next level. In addition, keeping tabs on your finances can help ensure your products and services are priced right, identify what your margins are, determine your cash flow, and make filing taxes easier. Here you will find some templates and financial forms that may be filled out to help you put your ideas into working fashion.
If you'd like assistance preparing financial statements for your small business, be sure to sign up with the Small Business Development Center! These tools can be your first step towards small business success!




Business Plan Template for a Startup Business This business plan template is a generic model suitable for all types of startup business. However, you should modify it to suit your particular circumstances.
Business Plan Template for an Established Business This business plan template is a generic model suitable for all types of established business. However, you should modify it to suit your particular circumstances.
Financial Projections Template Download this financial projections Excel template to calculate your startup expenses, payroll costs, sales forecast, cash flow, income statement, balance sheet, breakeven analysis, financial ratios, cost of goods sold, amortization and depreciation for your small business, ALL IN ONE PLACE!!
Startup Expenses Template Nearly everyone who has ever started a business has underestimated the costs, and then faced the danger of running with inadequate capital reserves. The key to avoiding this pitfall is to adopt a rigorous approach to your research and planning. Our Startup Expenses worksheet will lead you through the process.
Opening Day Balance Sheet Template A balance sheet shows the financial position of your company at a single moment in time; in this case, it will be as of opening day. Use your Startup Expenses spreadsheet to get the basic data for the balance sheet.
Balance Sheet (Projected) Template Using your last historical balance sheet as a starting point, project what your balance sheet will look like at the end of the 12 month period covered in your Profit & Loss and Cash Flow forecasts. The desired result is not a perfect forecast, but rather a thoughtful plan detailing what additional resources will be needed by the company, where they will be needed, and how they will be financed.
Profit and Loss Statement (1 Yr Projection) Template A profit and loss statement, also referred to as an income statement, enables you to project sales and expenses and typically covers a period of a few months to a year.
Profit & Loss Statement (3 Yr Projection) Template Calculate your profit and loss for the next three years.
Cash Flow Statement (1 Yr Projection) Template This statement highlights how much money is coming in to (cash inflows) and going out of (cash outflows) your business. CASH IS KING!!!
Cash Flow Statement (3 Yr Projection) Template It is important to know if you have enough cash flow for working capital to sustain growth. Remember, CASH IS KING!!!
Loan Amortization Schedule Template Use this Excel spreadsheet to estimate your loan repayments on debt.
Break-even Analysis Template A break-even analysis can help you identify under what scenarios your company must operate to be profitable or at least avoid a negative balance. One of the best uses of break-even analysis is to play with various scenarios. Use this template to create a break-even analysis for your business.
Financial History and Ratios Template The value of a spreadsheet is that it puts a lot of information in one place to facilitate comparison and analysis. Enter information from your past three years' financial statements and from current year-to-date statements, if available.
Personal Financial Statement Template Many financial institutions will require information about your personal financial data. This spreadsheet will help you prepare a personal financial statement.
Sales Forecast (1 Year) Template Forecasting sales of your product or service is the starting point for the financial projections. The sales forecast is the key to the whole financial plan, so it is important to use realistic estimates.
Bank Loan Request Example for Small Businesses Readers who do not yet have the advantage of knowing you will judge you by your writing. Pay some attention to what you say and how you say it. What follows is a sample cover letter for a bank loan request. Note how much information is packed into a short letter, and that it focuses on what a banker would most want to know.