Free Excel Business Budget Template

Download your free Excel Business Budget Template here.
free excel business budget template

What is a business budget?

A budget is a financial forecast of the economical health of your business. It tells you whether you (can) make money or not. It might sound greedy, but making money is as crucial for your business as eating food is for your body. You might be able to do it for a while, but you don’t make money at some point. Your business will be shot down.

Make the best use of your excel budget template.

Learn how you can make and maintain a business budget and how to use Workfeed's business budget template to your best advantage. 
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How to use the excel budget template.

The business budget template forecasts your financials in a two year timeframe. It is fairly simple to use and doesn't require a financial background. Just follow the steps below and you will have a financial overview of your revenue, expenses, cash flow, VAT, assets, and liabilities. You can use it to analyse what is required for you to make money. Plus, your bank or accountant might also be interested in this if you want to apply for a loan.
free excel business budget template

The Excel file contains 3 overall sheets: an income statement, a balance sheet and a cash flow statement.

The income statement
The income statement lets you know whether you are making money or not. Simply by subtracting the costs from the revenue, you know whether you have a profit or a loss. This sheet covers 3 things: revenue, costs, and profit/loss.

The cash flow statement
The cash flow statement tells you how much cash you have in the bank each month. This knowledge is especially important if you are in the startup phase of your business, if your business is sensitive to seasonal fluctuations or are expecting an uncertain future.

The balance sheet
A balance sheet is your financial statement that contains details your company's assets or liabilities at a specific point in time.

Before downloading your business budget template.

You should know that Workfeed is a workforce management system that can help you save serious money on shift planning and time tracking. 
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Download your free Excel Business Budget Template

How to use the Excel business budget template:

Start by filling out the yellow cells below 'Assumptions'.
Change the names
Fill out your expectations
Specify your frequency of VAT payments
Specify expenses and income that involves VAT
Double check for errors
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