100 day business plan excel template

Free 30-60-90-Day Business Plan Templates and Samples

By Joe Weller | September 4, 2020

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In this article, we’ve compiled a variety of useful 30-60-90-day business plan templates. Download them in PDF, Word, and Excel formats for free.

On this page, you’ll find a one-page 30-60-90-day business plan template , a sample 30-60-90-day business plan for startups , a sample 90-day business plan template with timeline , and more that you can use to develop an actionable plan.

Simple 30-60-90-Day Business Plan Template

Use this simple 30-60-90-day business plan template to map out main goals and deliverables. You can easily break down your high-level plan into bite-sized chunks to create an effective roadmap for accomplishing business goals. Add key tasks and descriptions, assign ownership, and enter deadlines to keep plans on track.

Download Simple 30-60-90-Day Business Plan Template

Word | PDF | Smartsheet

One-Page 30-60-90-Day Business Plan Template

Document key goals and tasks with this single-page 30-60-90-day business plan template. This template can help you create a high-level view of main business objectives and track the status of your goals in an organized and scannable manner. 

Download One-Page 30-60-90-Day Business Plan Template

Word | PDF  | Smartsheet

Sample 30-60-90-Day Business Plan for Startup 

Use this sample 30-60-90-day plan as a basis to build out and develop your organization’s startup business plan. This template enables you to produce and implement a plan of action — from idea conception to business plan finalization. There is also space to detail main goals and deliverables, assign task ownership, and set due dates to ensure your plan stays on track.

‌Download Sample 30-60-90-Day Business Plan for Startup Template 

Sample 90-Day Business Plan Template with Timeline

This sample 90-day business plan template is customizable and doubles as an action plan and timeline so you can track progress in 30-day increments. Easily break your plan into phases, then add key tasks, task ownership, and dates for each activity. You can also fill in and color-code the cells according to the respective start and end dates to create a visual timeline. 

Download Sample 90-Day Business Plan Template with Timeline - Excel

30-60-90-Day Business Plan to Increase Sales (With Gantt Chart)

Use this template to develop a 90-day action plan to increase sales for your business. This customizable template is designed to help you reevaluate and improve your sales strategy and business plan. Broken up into 30-day increments, this template comes pre-filled with actionable tasks, like defining and prioritizing goals, conducting market research, evaluating current processes, finding untapped opportunities, and refining your sales plan to reach sales goals.

Download 30-60-90-Day Business Plan to Increase Sales

Excel | Smartsheet

For additional resources to create and enhance the sales plan portion of your business plan, visit “ All about Sales Plans: Definitions, Tips, and Free Templates .”

30-60-90-Day Business Plan for Marketing

This 30-60-90-day business plan for marketing features a simple and scannable design to help stakeholders track the progress of key marketing goals and activities. Use this customizable template to provide an overview of main objectives and the status of tasks you need to complete.

Download 30-60-90-Day Business Plan for Marketing

Excel | Word | PDF

For additional resources to help develop the marketing plan portion of your business plan, view “ Free Marketing Plan Templates, Examples, and a Comprehensive Guide .”

Purpose of a 30-60-90-Day Business Plan

Unlike a 30-60-90-day plan used to interview for or transition into a new role, a 30-60-90-day business plan is a useful document for developing a roadmap covering the first 90 days of your business planning process.  

Small-business owners, entrepreneurs, and established organizations use a 30-60-90-day business plan to do the following: 

• Establish high-level goals, objectives, and deliverables for the first 30, 60, and 90 days.
• Align your team’s goals with overarching business goals.
• Outline key business activities needed to accomplish the established goals.
• Determine the necessary resources to effectively complete the tasks.
• Define success metrics.
• Assign activity ownership, define milestones, and create a timeline to keep the plan on track.

Looking for additional resources to help you develop your business plan? Visit the following pages for more free templates:

Simple Business Plan Templates

One-Page Business Plan Templates

Fill-in-the-Blank Business Plan Templates

Business Plan Templates for Startups

Business Plan Templates for Nonprofits

Streamline Your 30-60-90-Day Business Plan with Real-Time Work Management in Smartsheet

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The Smartsheet platform makes it easy to plan, capture, manage, and report on work from anywhere, helping your team be more effective and get more done. Report on key metrics and get real-time visibility into work as it happens with roll-up reports, dashboards, and automated workflows built to keep your team connected and informed. 

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Free Business Plan Excel Template [Excel Download]

Written by Dave Lavinsky

A business plan is a roadmap for growing your business. Not only does it help you plan out your venture, but it is required by funding sources like banks, venture capitalists and angel investors.

Download our Ultimate Business Plan Template here >

The body of your business plan describes your company and your strategies for growing it. The financial portion of your plan details the financial implications of your business: how much money you need, what you project your future sales and earnings to be, etc.

Below you will be able to download our free business plan excel template to help with the financial portion of your business plan. You will also learn about the importance of the financial model in your business plan.

Download the template here: Financial Plan Excel Template  

How to Finish Your Business Plan in 1 Day!

Don’t you wish there was a faster, easier way to finish your business plan?

With Growthink’s Ultimate Business Plan Template you can finish your plan in just 8 hours or less! It includes a simple, plug-and-play financial model and a fill-in-the-blanks template for completing the body of your plan.

What’s Included in our Business Plan Excel Template

Our business plan excel template includes the following sections:

Income Statement : A projection of your business’ revenues, costs, and expenses over a specific period of time. Includes sections for sales revenue, cost of goods sold (COGS), operating expenses, and net profit or loss.

Example 5 Year Annual Income Statement

Cash Flow Statement : A projection of your business’ cash inflows and outflows over a specific period of time. Includes sections for cash inflows (such as sales receipts, loans, and investments), cash outflows (such as expenses, salaries, and loan repayments), and net cash flow.

Example 5 Year Annual Cash Flow Statement

Balance Sheet : A snapshot of your business’ financial position at a specific point in time. Includes sections for assets (such as cash, inventory, equipment, and property), liabilities (such as loans, accounts payable, and salaries payable), and owner’s equity (such as retained earnings and capital contributions).

Example 5 Year Annual Balance Sheet

Download the template here: Business Plan Excel Template 

The template is easy to customize according to your specific business needs. Simply input your own financial data and projections, and use it as a guide to create a comprehensive financial plan for your business. Remember to review and update your financial plan regularly to track your progress and make informed financial decisions.

Finish Your Business Plan Today!

The importance of the financial model in your business plan.

A solid financial model is a critical component of any well-prepared business plan. It provides a comprehensive and detailed projection of your business’ financial performance, including revenue, expenses, cash flow, and profitability. The financial model is not just a mere set of numbers, but a strategic tool that helps you understand the financial health of your business, make informed decisions, and communicate your business’ financial viability to potential investors, lenders, and other stakeholders. In this article, we will delve into the importance of the financial model in your business plan.

• Provides a roadmap for financial success : A well-structured financial model serves as a roadmap for your business’ financial success. It outlines your revenue streams, cost structure, and cash flow projections, helping you understand the financial implications of your business strategies and decisions. It allows you to forecast your future financial performance, set financial goals, and measure your progress over time. A comprehensive financial model helps you identify potential risks, opportunities, and areas that may require adjustments to achieve your financial objectives.
• Demonstrates financial viability to stakeholders : Investors, lenders, and other stakeholders want to see that your business is financially viable and has a plan to generate revenue, manage expenses, and generate profits. A robust financial model in your business plan demonstrates that you have a solid understanding of your business’ financials and have a plan to achieve profitability. It provides evidence of the market opportunity, pricing strategy, sales projections, and financial sustainability. A well-prepared financial model increases your credibility and instills confidence in your business among potential investors and lenders.
• Helps with financial decision-making : Your financial model is a valuable tool for making informed financial decisions. It helps you analyze different scenarios, evaluate the financial impact of your decisions, and choose the best course of action for your business. For example, you can use your financial model to assess the feasibility of a new product launch, determine the optimal pricing strategy, or evaluate the impact of changing market conditions on your cash flow. A well-structured financial model helps you make data-driven decisions that are aligned with your business goals and financial objectives.
• Assists in securing funding : If you are seeking funding from investors or lenders, a robust financial model is essential. It provides a clear picture of your business’ financials and shows how the funds will be used to generate revenue and profits. It includes projections for revenue, expenses, cash flow, and profitability, along with a breakdown of assumptions and methodology used. It also provides a realistic assessment of the risks and challenges associated with your business and outlines the strategies to mitigate them. A well-prepared financial model in your business plan can significantly increase your chances of securing funding as it demonstrates your business’ financial viability and growth potential.
• Facilitates financial management and monitoring : A financial model is not just for external stakeholders; it is also a valuable tool for internal financial management and monitoring. It helps you track your actual financial performance against your projections, identify any deviations, and take corrective actions if needed. It provides a clear overview of your business’ cash flow, profitability, and financial health, allowing you to proactively manage your finances and make informed decisions to achieve your financial goals. A well-structured financial model helps you stay on top of your business’ financials and enables you to take timely actions to ensure your business’ financial success.
• Enhances business valuation : If you are planning to sell your business or seek investors for an exit strategy, a robust financial model is crucial. It provides a solid foundation for business valuation as it outlines your historical financial performance, future projections, and the assumptions behind them. It helps potential buyers or investors understand the financial potential of your business and assess its value. A well-prepared financial model can significantly impact the valuation of your business, and a higher valuation can lead to better negotiation terms and higher returns on your investment.
• Supports strategic planning : Your financial model is an integral part of your strategic planning process. It helps you align your financial goals with your overall business strategy and provides insights into the financial feasibility of your strategic initiatives. For example, if you are planning to expand your business, enter new markets, or invest in new technologies, your financial model can help you assess the financial impact of these initiatives, including the investment required, the expected return on investment, and the timeline for achieving profitability. It enables you to make informed decisions about the strategic direction of your business and ensures that your financial goals are aligned with your overall business objectives.
• Enhances accountability and transparency : A robust financial model promotes accountability and transparency in your business. It provides a clear framework for setting financial targets, measuring performance, and holding yourself and your team accountable for achieving financial results. It helps you monitor your progress towards your financial goals and enables you to take corrective actions if needed. A well-structured financial model also enhances transparency by providing a clear overview of your business’ financials, assumptions, and methodologies used in your projections. It ensures that all stakeholders, including investors, lenders, employees, and partners, have a clear understanding of your business’ financial performance and prospects.

In conclusion, a well-prepared financial model is a crucial component of your business plan. It provides a roadmap for financial success, demonstrates financial viability to stakeholders, helps with financial decision-making, assists in securing funding, facilitates financial management and monitoring, enhances business valuation, supports strategic planning, and enhances accountability and transparency in your business. It is not just a set of numbers, but a strategic tool that helps you understand, analyze, and optimize your business’ financial performance. Investing time and effort in creating a comprehensive and robust financial model in your business plan is vital for the success of your business and can significantly increase your chances of achieving your financial goals.

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10 Free Business Plan Templates in Word, Excel, & ClickUp

Praburam Srinivasan

Growth Marketing Manager

February 13, 2024

Turning your vision into a clear and coherent business plan can be confusing and tough. 

Hours of brainstorming and facing an intimidating blank page can raise more questions than answers. Are you covering everything? What should go where? How do you keep each section thorough but brief?

If these questions have kept you up at night and slowed your progress, know you’re not alone. That’s why we’ve put together the top 10 business plan templates in Word, Excel, and ClickUp—to provide answers, clarity, and a structured framework to work with. This way, you’re sure to capture all the relevant information without wasting time. 

And the best part? Business planning becomes a little less “ugh!” and a lot more “aha!” 🤩

What is a Business Plan Template?

What makes a good business plan template, 1. clickup business plan template, 2. clickup sales plan template, 3. clickup business development action plan template, 4. clickup business roadmap template, 5. clickup business continuity plan template, 6. clickup lean business plan template, 7. clickup small business action plan template, 8. clickup strategic business roadmap template , 9. microsoft word business plan template by microsoft, 10. excel business plan template by vertex42.

A business plan template is a structured framework for entrepreneurs and business executives who want to create business plans. It comes with pre-arranged sections and headings that cover key elements like the executive summary , business overview, target customers, unique value proposition, marketing plans, and financial statements.  

A good business plan template helps with thorough planning, clear documentation, and practical implementation. Here’s what to look for:

• Comprehensive structure: A good template comes with all the relevant sections to outline a business strategy, such as executive summary, market research and analysis, and financial projections 
• Clarity and guidance: A good template is easy to follow. It has brief instructions or prompts for each section, guiding you to think deeply about your business and ensuring you don’t skip important details
• Clean design: Aesthetics matter. Choose a template that’s not just functional but also professionally designed. This ensures your plan is presentable to stakeholders, partners, and potential investors
• Flexibility : Your template should easily accommodate changes without hassle, like adding or removing sections, changing content and style, and rearranging parts 🛠️ 

While a template provides the structure, it’s the information you feed it that brings it to life. These pointers will help you pick a template that aligns with your business needs and clearly showcases your vision.

10 Business Plan Templates to Use in 2024

Preparing for business success in 2024 (and beyond) requires a comprehensive and organized business plan. We’ve handpicked the best templates to help you guide your team, attract investors, and secure funding. Let’s check them out.

If you’re looking to replace a traditional business plan document, then ClickUp’s Business Plan Template is for you!

This one-page business plan template, designed in ClickUp Docs , is neatly broken down into the following sections:

• Company description : Overview, mission, vision, and team
• Market analysis : Problem, solution, target market, competition, and competitive advantage
• Sales and marketing strategy : Products/services and marketing channels
• Operational plan : Location and facilities, equipment and tools, manpower, and financial forecasts
• Milestones and metrics: Targets and KPIs

Customize the template with your company logo and contact details, and easily navigate to different sections using the collapsible table of contents. The mini prompts under each section guide you on what to include—with suggestions on how to present the data (e.g., bullet lists, pictures, charts, and tables). 

You can share the document with anyone via URL and collaborate in real time. And when the business plan is ready, you have the option to print it or export it to PDF, HTML, or Markdown.

But that’s not all. This template is equipped with basic and enterprise project management features to streamline the business plan creation process . The Topics List view has a list of all the different sections and subsections of the template and allows you to assign it to a team member, set a due date, and attach relevant documents and references.

Switch from List to Board view to track and update task statuses according to the following: To Do, In Progress, Needs Revision, and Complete. 

This template is a comprehensive toolkit for documenting the different sections of your business plan and streamlining the creation process to ensure it’s completed on time. 🗓️

If you’re looking for a tool to kickstart or update your sales plan, ClickUp’s Sales Plan Template has got you covered. This sales plan template features a project summary list with tasks to help you craft a comprehensive and effective sales strategy. Some of these tasks include:

• Determine sales objectives and goals
• Draft positioning statement
• Perform competitive analysis
• Draft ideal customer persona
• Create a lead generation strategy

Assign each task to a specific individual or team, set priority levels , and add due dates. Specify what section of the sales plan each task belongs to (e.g., executive summary, revenue goals, team structure, etc.), deliverable type (such as document, task, or meeting), and approval state (like pending, needs revisions, and approved).

And in ClickUp style, you can switch to multiple views: List for a list of all tasks, Board for visual task management, Timeline for an overview of task durations, and Gantt to get a view of task dependencies. 

This simple business plan template is perfect for any type of business looking to create a winning sales strategy while clarifying team roles and keeping tasks organized. ✨

Thinking about scaling your business’s reach and operations but unsure where or how to start? It can be overwhelming, no doubt—you need a clear vision, measurable goals, and an actionable plan that every member of your team can rally behind. 

Thankfully, ClickUp’s Business Development Action Plan Template is designed to use automations to simplify this process so every step toward your business growth is clear, trackable, and actionable.

Start by assessing your current situation and deciding on your main growth goal. Are you aiming to increase revenue, tap into new markets, or introduce new products or services? With ClickUp Whiteboards or Docs, brainstorm and collaborate with your team on this decision.

Set and track your short- and long-term growth goals with ClickUp’s Goals , break them down into smaller targets, and assign these targets to team members, complete with due dates. Add these targets to a new ClickUp Dashboard to track real-time progress and celebrate small wins. 🎉

Whether you’re a startup or small business owner looking to hit your next major milestone or an established business exploring new avenues, this template keeps your team aligned, engaged, and informed every step of the way.

ClickUp’s Business Roadmap Template is your go-to for mapping out major strategies and initiatives in areas like revenue growth, brand awareness, community engagement, and customer satisfaction. 

Use the List view to populate tasks under each initiative. With Custom Fields, you can capture which business category (e.g., Product, Operations, Sales & Marketing, etc.) tasks fall under and which quarter they’re slated for. You can also link to relevant documents and resources and evaluate tasks by effort and impact to ensure the most critical tasks get the attention they deserve. 👀

Depending on your focus, this template provides different views to show just what you need. For example, the All Initiatives per Quarter view lets you focus on what’s ahead by seeing tasks that need completion within a specific quarter. This ensures timely execution and helps in aligning resources effectively for the short term.

This template is ideal for business executives and management teams who need to coordinate multiple short- and long-term initiatives and business strategies.

In business, unexpected threats to operations can arise at any moment. Whether it’s economic turbulence, a global health crisis, or supply chain interruptions, every company needs to be ready. ClickUp’s Business Continuity Plan Template lets you prepare proactively for these unforeseen challenges.

The template organizes tasks into three main categories:

• Priorities: Tasks that need immediate attention
• Continuity coverage: Tasks that must continue despite challenges
• Guiding principles: Resources and protocols to ensure smooth operations

The Board view makes it easy to visualize all the tasks under each of these categories. And the Priorities List sorts tasks by those that are overdue, the upcoming ones, and then the ones due later.

In times of uncertainty, being prepared is your best strategy. This template helps your business not just survive but thrive in challenging situations, keeping your customers, employees, and investors satisfied. 🤝

Looking to execute your business plan the “lean” way? Use ClickUp’s Lean Business Plan Template . It’s designed to help you optimize resource usage and cut unnecessary steps—giving you better results with less effort.

In the Plan Summary List view, list all the tasks that need to get done. Add specific details like who’s doing each task, when it’s due, and which part of the Business Model Canvas (BMC) it falls under. The By Priority view sorts this list based on priorities like Urgent, High, Normal, and Low. This makes it easy to spot the most important tasks and tackle them first.

Additionally, the Board view gives you an overview of task progression from start to finish. And the BMC view rearranges these tasks based on the various BMC components. 

Each task can further be broken down into subtasks and multiple checklists to ensure all related action items are executed. ✔️

This template is an invaluable resource for startups and large enterprises looking to maximize process efficiencies and results in a streamlined and cost-effective way.

The Small Business Action Plan Template by ClickUp is tailor-made for small businesses looking to transform their business ideas and goals into actionable steps and, eventually, into reality. 

It provides a simple and organized framework for creating, assigning, prioritizing, and tracking tasks. And in effect, it ensures that goals are not just set but achieved. Through the native dashboard and goal-setting features, you can monitor task progress and how they move you closer to achieving your goals.

Thanks to ClickUp’s robust communication features like chat, comments, and @mentions, it’s easy to get every team member on the same page and quickly address questions or concerns.

Use this action plan template to hit your business goals by streamlining your internal processes and aligning team efforts.

For larger businesses and scaling enterprises, getting different departments to work together toward a big goal can be challenging. The ClickUp Strategic Business Roadmap Template makes it easier by giving you a clear plan to follow.

This template is packaged in a folder and split into different lists for each department in your business, like Sales, Product, Marketing, and Enablement. This way, every team can focus on their tasks while collectively contributing to the bigger goal.

There are multiple viewing options available for team members. These include:

• Progress Board: Visualize tasks that are on track, those at risk, and those behind
• Gantt view: Get an overview of project timelines and dependencies
• Team view: See what each team member is working on so you can balance workloads for maximum productivity

While this template may feel overwhelming at first, the getting started guide offers a step-by-step breakdown to help you navigate it with ease. And like all ClickUp templates, you can easily customize it to suit your business needs and preferences.

Microsoft’s 20-page traditional business plan template simplifies the process of drafting comprehensive business plans. It’s made up of different sections, including:

• Executive summary : Highlights, objectives, mission statement, and keys to success
• Description of business: Company ownership and legal structure, hours of operation, products and services, suppliers, financial plans, etc.
• Marketing: Market analysis, market segmentation, competition, and pricing
• Appendix: Start-up expenses, cash flow statements, income statements, sales forecast, milestones, break-even analysis, etc.

The table of contents makes it easy to move to different sections of the document. And the text placeholders under each section provide clarity on the specific details required—making the process easier for users who may not be familiar with certain business terminology.

No business template roundup is complete without an Excel template. This business plan template lets you work on your business financials in Excel. It comes with customizable tables, formulas, and charts to help you look at the following areas:

• Highlight charts
• Market analysis
• Start-up assets and expenses
• Sales forecasts
• Profit and loss
• Balance sheet
• Cash flow projections
• Break-even analysis

This Excel template is especially useful when you want to create a clear and visual financial section for your business plan document—an essential element for attracting investors and lenders. However, there might be a steep learning curve to using this template if you’re not familiar with business financial planning and using Excel.

Try a Free Business Plan Template in ClickUp

Launching and running a successful business requires a well-thought-out and carefully crafted business plan. However, the business planning process doesn’t have to be complicated, boring, or take up too much time. Use any of the above 10 free business plan formats to simplify and speed up the process.

ClickUp templates go beyond offering a solid foundation to build your business plans. They come with extensive project management features to turn your vision into reality. And that’s not all— ClickUp’s template library offers over 1,000 additional templates to help manage various aspects of your business, from decision-making to product development to resource management .

Sign up for ClickUp’s Free Forever Plan today to fast-track your business’s growth! 🏆

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100 Day Plan For Executive Leaders in a New Role

As a newly appointed leader, it’s easy to wait for the dust to settle before you take action.

Over the years, we have worked with many leaders as they take on new roles. Without a doubt, those who end up successful in their position are purposeful in how they listen to and connect with teams and stakeholders in their first 100 days (and beyond). 

They have and follow a plan, and they lead with authenticity and heart. They know that the first 100 days sets precedence and their leadership brand for the long-term and seize the opportunity. 

A customized plan needs to be developed for each leader, that best fits the needs of an organization. There are seven core components that the best plans have in place.  

Use this 21-page, fully-designed, custom PowerPoint template to help you build out the following: 

• Situation Summary 
• Goals 
• Stakeholders/Audiences 
• Key Messages 
• Stakeholder Engagement and Communication Plan 
• Quick Win Tactics 
• Measures for Success  

Make your first 100 days count; you won’t get to redo them. Access the free template by filling out the form today.

Powerful business plan templates

Plan for the future, no matter what your business plans are or the size of your business with these designs and templates. whether it's just one big project or an entire organization's worth of dreams, these templates will keep you and your company on track from ideation to completion..

Put your ideas to work with simple templates for every business plan

Every successful business took a lot of planning to get there, and these templates will be cornerstones of your future success. Whether you're looking to attract new business, pitch your services or reimagine your company, with these simple, customizable templates at your fingertips you can turn complexity into something tangible. These templates can become marketing assets or simply remain internal touchpoints for your team. And as your dreams change, you'll always have this template to refer to – it's easy to change what exists on paper. If you're a small business, focusing on your niche can help you dominate in your field, and you can forge a plan to figure out exactly what that niche might be and how to target your ideal customer . When it's time to share your vision with stakeholders, craft a presentation that outlines your plan succinctly and with style. Let these templates from Microsoft Designer be your partner in business strategy for years to come.

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Free Business Plan Template for Excel

Ajay Jagtap

• October 31, 2023

With 1 in 8 people using Excel, I’d be hard-pressed to believe that anyone has never used it at some point in life.

While we have all used it at least once—be it for school homework, college assignments, or travel planning—we never really got the hang of it.

(Excel formulas are tough!)

Preparing a business plan from scratch using Excel is not a joke; we get that. That’s why we created this business plan template in Excel .

So, no more worrying about Excel formulas or plan structure—download the document and follow the instructions in the article for successful business planning.

Sounds good? Let’s start with understanding the pros and cons of using Excel for planning:

Pros and Cons of Using Excel for Business Plans

Before we head to discussing the Excel business plan template, let’s understand the pros and cons of using Excel for business planning:

• Free to use:  MS Excel is 100% free for all its users, making it a cost-effective choice.
• Data Analysis:  Excel is a powerful tool for performing various financial and data analyses and calculations.
• Collaboration: Collaborating with your team while working on a project using Excel is easier.
• Lack of automation: Excel may not help create dynamic business plans with automated features.
• Limited presentation:  Excel cannot create an appealing business plan like a business plan software.
• Complex formulas: Excel’s formulas are complex and require a significant learning curve to master.

So these were the pros and cons. Let’s cut to the chase and discuss the key components of our free business plan Excel template.

Key Components of Our Excel Business Plan Template

It’s a fact—you cannot use Excel to create the entire plan from scratch, no! Excel is a powerful tool for complex calculations and analyses; let’s use it for that only.

So, we’ll use this business plan Excel template only to perform complex financial analyses and calculations—to prepare financial projections.

Following are the critical components of a good business plan template you must include in your financial plan:

1. Income Statement

The income statement is one of the key financial statements of your financial plan that highlights its profit and loss over a given period of time.

The critical components of your income statement include—revenue/sales, Cost of Goods Sold (COGS), operational costs, EBITDA, interest, and others.

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2. Balance Sheet

Your balance sheet is a statement that reports your company’s assets, liabilities, and shareholder equity, providing a snapshot of its financial position at a specific period of time.

The statement helping you calculate financial ratios includes the following:

• Assets—e.g. Inventory, cash, property.
• Liabilities—e.g. Accounts payable, loans, salaries to be paid.
• Owners equity—e.g. Capital investment/contribution.

3. Cash Flow Statement

The cash flow statement of your financial plan is the projection of your cash in and outflows over a certain period of time.

As one of three key components of your financial plan, the cash flow statement summarizes the amount of cash or cash equivalents entering or leaving your company.

4. Break-Even Analysis

A break-even analysis helps you determine the number of units you need to sell to cover all fixed and variable costs.

The break-even point is considered a measure of safety margin, and anything you sell beyond the point will result in profit.

While your balance sheet already highlights the assets, liabilities, and owner’s equity, assets are considered critical for investors to assess the company’s financial health. So, our simple business plan template (Excel) has a separate sheet for business assets.

6. Accounts Payable & Receivable

The accounts payable refer to the amount due to vendors or suppliers for services or goods received, whereas accounts receivable represent the money due to the company.

The increase or decrease in your accounts payable or receivable can be seen in your cash flow statement.

7. Working Capital

Working capital is the subtraction of your current liabilities from your current assets. As a critical element in identifying your company’s health, it helps investors understand if it has enough capital to pay employees and fund operations to meet short-term goals.

Download the Financial Forecast Template In Excel

We discussed all the critical statements to be covered in your financial plan. Now what? It’s time for you to download the financial forecast template and start preparing your financial plan.

Unlike other free Excel templates, this template has all the reports with the suggested revenue streams, expenses, and other details.

You can directly download and use the template to forecast cash flow, create balance sheets, and prepare income statements that provide detailed information about your revenue and expenses. So what are you waiting for?

How to Use an Excel Business Plan Template

We’re hoping you’ve already downloaded the business plan template. So, the question arises: How can this Excel template be used to prepare realistic forecasts?

Let’s get this over with:

Understand the template structure

Before you start planning, you must understand the structure of the financial portion of your business plan. Get a thorough review of the template and understand:

• What critical statements does it include?
• What are the revenue streams?
• What are considered to be assets and liabilities?
• What does the taxation structure look like?

And others. Once you thoroughly understand the structure, you can move ahead with the next step.

Analyze historical data

Financial forecasting is about assumptions—a lot of them, but accurate ones. If you’re a total stranger to financial forecasting, analyzing historical data will help you get off on the right foot.

Analyze the historical data and try to gain insights about your business financials:

• Monthly revenue over the last year?
• How much you’re spending on day-to-day operations?
• What is your sales growth rate? How fast is it increasing over time?

And others. These historical figures will be of massive help in the next step.

Make pre-assumptions

As I said before, financial forecasts heavily rely on certain assumptions like sales forecasts, operational expenses, revenue growth, and others.

So, in this step, you’ll make assumptions about these variables based on the historical data to make them realistic and accurate.

Prepare key financial reports

Once you have made pre-assumptions, it’s time to prepare forecasts. Don’t overwhelm yourself with a lot of numbers; start by preparing critical financial reports that include—a cash flow statement, balance sheet, and income statement.

Other statements of your plan rely heavily on these reports, so the process will become much easier after having prepared these three beforehand.

Monitor and track progress

After preparing your financial reports, the next step is timely monitoring these reports and tracking progress.

You can compare your assumptions with actual results to see if your projections are accurate and relevant to the changing market trends.

Analyzing metrics like customer acquisition rate, acquisition costs, net profit, and gross margin will help track progress.

If you follow these steps rigorously, you can surely make a decent plan to support your business strategies and achieve financial goals.

Still, it was just about financial planning. What about the entire business plan? Excel is a no-go for business planning; let’s see why.

How Excel may not be the best choice for business planning?

Since Excel doesn’t offer all the necessary features for business planning that a business plan software like Upmetrics would, it is not the tool to be used to create a comprehensive business plan.

Following are a few reasons why Excel may not be a better choice for business planning compared to a tool like Upmetrics:

• Limited features: Since it is not designed specifically for planning, it has limited business planning features compared to software like Upmetrics. A business planning software may include features like business plan builder, financial forecasting, and pitch deck creator.
• Limited collaboration: Everyone knows Excel isn’t the tool with the best collaboration features. Business plan software offers collaboration features, allowing multiple team members to work on a business plan simultaneously.
• No Automation: Upmetrics comes with many automation features like AI assistant and financial forecasting tool, helping entrepreneurs and small businesses save time and reduce human errors.
• No customizable templates: Upmetrics has 400+ business plan examples and templates that make it easier for new users to get started, which has not been the case with Excel.

These were just a few of many reasons why a planning tool is a better alternative than Excel to create a comprehensive plan to support their business strategy.

Improve Your Business Financial Plan with Upmetrics

I’d surely have recommended Excel for financial planning if you had asked maybe a decade ago.

Today? There’s no way Excel stands a chance when competing with a cutting-edge AI business planning solution like Upmetrics.

Upmetrics simplifies business planning with its library of business templates, financial forecasting tool, and AI-powered assistant, making it a much more efficient alternative to Excel.

What are you waiting for? Start planning today!

Make your plan in half the time & twice the impact with Upmetrics

Fill-in-the-blanks, AI-assistance, and automatic financials make it easy.

Frequently Asked Questions

How do i create a business plan in excel.

It’s challenging to draft an entire business plan in Excel. However, you can use Excel to create the financial portion of your plan using a free business plan Excel template. A ready-made template is always better and faster than preparing your financial reports from scratch.

Are there any alternatives to Excel for creating a business plan?

Yes, there are a few alternatives to Excel for creating a business plan. However, using a business plan software like Upmetrics would be a better alternative to creating a business plan than others.

Why should I use an Excel template for my business financial plan?

You cannot certainly master Excel formulas in one day, and preparing advanced financial reports from scratch means you must be very good at accounting, budgeting, and Excel sheets and ready to spare some intense hours.

So, considering the complexity of Excel—using a ready-made template seems like a great starting point for budding entrepreneurs with no financial planning experience.

Are there any free business plan templates available in Excel?

Although it’s tough to create the entire business plan in Excel from scratch, Upmetrics offers a free business plan Excel template to help you gain inspiration and make the financial portion of your business plan.

Can I share my financial plan online with others using Excel?

Yes, you can share your financial plan online with others using Excel. To share your document with others, simply click on the “Share with People” option and enter their email addresses, and you have shared the doc.

About the Author

Ajay is a SaaS writer and personal finance blogger who has been active in the space for over three years, writing about startups, business planning, budgeting, credit cards, and other topics related to personal finance. If not writing, he’s probably having a power nap. Read more

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THE FIRST 100 DAYS

”The beginning is the most important part of any work.”

– Plato, 4th Century B.C. Greek Philosopher

I’ve parachuted in to lead many teams. I love it! The first 100 days in a new role are exhilarating, challenging, and a ton of problem solving . You get dropped into a war zone, with a team, partners , and processes , and you have to figure out how to start driving value quickly. You have peers and other teams to your left and right who are part of a broader equation, but critical to your success. You have your boss, who has high expectations of you. And, you just walked in the door to the beginning of the rest of your life. Where do you start?

Let’s go over the First 100-Day Game Plan to equip you with effective strategies when you get dropped into a new situation.

Before Day 1

To set yourself up for success, you can accomplish a lot before day 1.

1. Clarify role, expectations & resources

Before starting a new role, clarify the role, expectations, and resources.  Use the ROLES framework to work with your new manager to properly define your role, success, and support. Also, clarify the expectations for the first 50 days, 100 days, and the year. What are the big issues and opportunities to tackle? Also, understand the resources you’ll be leading, regarding people, partnerships, budgets, and infrastructure. The likelihood of success goes up with clear roles , expectations, and resources. If they aren’t clearly defined, it can be a sign of potential issues and trouble with the role or your future boss.

2. Learn as much as you can

Typically before starting a project at McKinsey, the team sends the client a “data request” asking for existing documentation, presentations, SOPs, analysis , org charts , and financial and operational data relating to the project. Similarly, before starting a new role, send the boss a “data request.” This will get you up to speed and signal to the boss you want to hit the ground running. Once the data starts rolling in, read and absorb as much as you can and start a log of questions , hypotheses , and other data that could be helpful. You can learn a ton about an organization and business through a data request.

3. Set up the first few weeks

Schedule your first few weeks before day 1. For the first few weeks, focus on building relationships and learning. I typically schedule 20-30 30-minute conversations with members of my team, peers, leadership , internal customers, and other important stakeholders. I create simple interview guides to help with structuring the conversations. I cover questions such as “What are your role and accountabilities ?”, “What are the biggest issues and opportunities with the team?”, “If you were in my shoes, what would your plan be?” You will learn a lot about the organization by keeping the questions open-ended and focused on the other person’s ideas. Also, make sure to get the important weekly or monthly meetings on your schedule.

The First 50 Days – Listen, Learn and Diagnose

As a strategic leader, the first 50 days on a job are crucial. You need to gain context, develop key relationships and create positive momentum. Focus on the below building blocks to set yourself up for success.

4. Listen to the voice of the customer

Everyone in an organization has customers, whether they are the end-consumers that purchase services or products , or internal customers that utilize the services and processes of a team. Customers ultimately decide the long-term success of a leader. Listen to their voices early on in a new role. For internal customers, many of the 30-minute conversations should be with customers. If the customers are end-consumers, you can lean on previous research, online reviews, and the views of internal team members. You should also create primary research, including immersing yourself in the frontlines, being a customer, conducting focus groups or a survey, and interviewing customers. By whatever means get the customers’ views on the strengths , opportunities, weaknesses , and issues of the products and services of the team.

5. Build relationships & learn

You need relationships to get things done in organizations. In the first 50 days, relationship building is a core activity. In the beginning, you build relationships by listening and finding commonalities. And, as the days go by, the more you can address peoples’ issues and be a collaborative problem solver, the stronger those relationships will become. Most of what you will learn in the first 50 days will be from others in the organization. Your job is to listen, learn and ultimately synthesize all that you hear to develop hypotheses on the big issues and opportunities.

6. Set the mission & expectations

From day one people are going to be interested in what you think about the organization. The safest path is to set a broad mission quickly and elevate expectations. For a sales team leader, the mission should be about improving the sales funnel to land more customers. For an operations leader, the mission should be about driving the efficiency and effectiveness of the process to deliver an exceptional customer experience. Furthermore, set high expectations for peoples’ work product, innovation , focus on the customer, and solving problems .

7. Set Up your governance

New leaders change organizations largely by making different decisions than previous leaders. In the first 50 days, define the team’s governance . How will decisions be made? In what forum? What are the necessary facts to make decisions? What are the controls for spending money? When are the different team meetings, and what are their agendas? Laying out and quickly implementing new governance will go a long way in improving the decision-making of the organization.

8. Assess the team

If you inherit a team, start assessing them quickly. First, understand their roles, and have them take you through what they do and how they spend their time. Also, get to know their aspirations, what motivates them, their interests, and their ideas. Read their past performance reviews. Then, given their role, begin assessing their strengths, and weaknesses, and use the Skill Will Matrix. You’ll receive a lot of unsolicited feedback from peers, stakeholders, and leaders, but always make your own judgments too.

9. Empower to get the low-hanging fruit & early wins

From day one people look towards a new leader to start creating value , while the leader is simply trying to get up to speed. The earlier you can create and start executing your Prioritization Matrix of ideas the better off you’ll be. To gain momentum start tackling those low-cost and high-value projects .

The most effective way to start creating value is by empowering others. You’ll often find empowerment opportunities during the initial one-on-one conversations, where a team member might say, “Doing XYZ would really help the team.” And, the leader’s response should be, “Well, what would it take to get XYZ done?” Then, the leader should ask the team member, “Could you take on XYZ? What do you need? When do you think you could get it done by?” Getting people to take ownership of opportunities they’ve seen but haven’t acted on is one of the most powerful ways to generate positive momentum and get some early wins.

10. Understand and measure core KPIs

You can abstract the processes and end-products of any team as KPIs . In the first 50 days, understand what KPIs exist, their trends, and what is behind the trends. Then build a path for establishing, measuring, and managing the necessary KPIs that don’t exist. It is essential to make sure you have the right scoreboard to help set goals and measure success.

11. Start problem solving the issues

At the end of the first 50 days, you should have a semblance of a strategy emerging from the ether. That means in the first 50 days; you need to problem solve the significant issues and opportunities. If you have the resources, put a team together a team to parallel a strategy project from day 1. They’ll come up with a solid plan, and it grows people and allows you to evaluate the strength of the team.

In the first 50 days, spend a lot of time on the frontlines, in the trenches with the team helping them problem solve their accountabilities and potential improvements. Utilize coaching and walkabout management to get better context and provide problem solving help with the team. Walkabout management creates solutions, speeds up decision-making and thought processes, establishes mutual respect, and shows how people think.

The Second 50 Days – Develop Strategy, Change, and Execution

The second 50 days in a new leadership role are when everything should come together, and the team begins to pivot into a new strategic direction.

12. Explore & develop big opportunities

By your 50th day, you should have a pretty good handle on your options to drive substantial value. Once you figure out the 2-4 significant opportunities, then you need to start developing them with the team.

13. Get the right people, in the right roles

Once you have clarity on the big opportunities, you should take a deep breath and be honest with yourself about whether or not you have the right people in the right roles. If you don’t, make changes sooner rather than later. If you can develop existing talent then that is a nice plus, but more often than not you’ll have to reconfigure the team and bring in external talent.

14. Collaborate on goals, strategy, and plans

Drive to clear goals, actions, and plans to realize the big opportunities. This step necessitates a high level of collaboration. Involve those accountable for execution , to develop and decide on the BHAGs – Big Hairy Audacious Goals. And, then coach your team on the creation of their strategies and plans.

15. Manage change and focus

At this point, you’ll have to drive fundamental change in people’s behavior. Use the change management model to increase success. Also, ensure the team is laser-focused on the change agenda.

16. Execute & Measure

Keep the focus on execution. Periodically measure the impact of the strategy on the BHAGs (Big, Hairy, Audacious Goals) and the important KPIs. You’ll start getting a rhythm to the execution and begin learning what is working and what needs to be adjusted. At this point, you’ll hopefully begin to see the light at the end of the tunnel. Keep the team focused, energized, and driving impact, and you’ll see them and yourself grow.

Set yourself up for success by following the First 100 Days Game Plan. As always, enjoy the journey and create value!

And, if you are looking for someone to help you create and execute a great 100-day game plan set up some time with me . I really enjoy supporting clients with their transition to new roles and they get the coaching and strategies they need to lead and be successful in their new organization.

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How to create a powerful 100-Day Plan for a new job

A 100-day plan is a tool to help establish yourself in a new position, set goals and priorities, and begin making progress towards achieving them. Typically, a 100-day plan will outline specific actions to be taken and milestones to be achieved within the first 100 days of starting the new role, with the goal of making a powerful impact and establishing a solid foundation for future success.

A 100-day plan typically contains several key elements that are structured specifically to help you achieve their goals in the first 100 days of their new role.

• Background and context: This section summarizes the current situation and the reasons for creating the 100-day plan.
• Goals and objectives: This section defines the specific goals and objectives that the business professional hopes to achieve within the first 100 days, along with a plan for achieving them.
• Prioritization: The plan should contain a list of priorities that are ranked in order of importance, so that the business professional can focus on the most important tasks first.
• Action plan: A detailed plan of action outlining the specific steps that will be taken to achieve the goals and objectives, with timelines, resources and teams needed to execute it.
• Metrics and measurements: This section outlines the key performance indicators (KPIs) that will measure progress and success, and how they will be tracked and reported.
• Review and adjustment: This section outlines a plan for regular reviews of the 100-day plan, and how it will be adjusted as necessary to ensure that goals are met.

The structure of 100-day plan can vary depending on the organization or individual's preference, but the key is to include the above elements in a clear, concise and actionable format that is easily understood by all stakeholders.

A 100-day plan typically addresses several aspects or dimensions to help the business professional establish themselves in their new role, set goals and priorities, and begin making progress towards achieving them. Some of these aspects include:

• Organizational goals: The plan should align with the overall goals of the organization, and should include specific actions that will help the business professional contribute to achieving those goals.
• Team and stakeholders: The plan should identify key team members and stakeholders, and should outline specific actions that will be taken to build strong relationships with them.
• Operations and processes: The plan should identify key operational and process improvements that will be made, and should include specific actions that will be taken to implement those improvements.
• Culture and values: The plan should align with the organization's culture and values, and should include specific actions that will be taken to reinforce those culture and values.
• Learning and development: The plan should include specific actions that will be taken to learn about the organization, the industry and the role, as well as actions to develop the skills and knowledge needed for the role.
• Communication and visibility: The plan should include specific actions that will be taken to communicate progress and results, both internally and externally, and to build visibility for the business professional and their team.

It's important to note that the 100-day plan should be tailored to the specific role and organization, and can include other aspects as necessary.

Creating a 100-day plan involves several key steps to ensure that it is comprehensive, actionable, and aligned with the organization's goals and objectives.

• Research and analysis: Gather information about the organization, its goals and objectives, the industry and the specific role. This will help to understand the current situation and identify areas for improvement.
• Set clear and specific goals: Identify the specific goals and objectives that the business professional hopes to achieve within the first 100 days, and ensure that they align with the organization's goals and objectives.
• Prioritize: Rank the goals and objectives in order of importance, so that the business professional can focus on the most important tasks first.
• Create an action plan: Outline the specific steps that will be taken to achieve the goals and objectives, along with timelines and resources needed.
• Identify key performance indicators (KPIs): Identify the key performance indicators that will measure progress and success, and how they will be tracked and reported.
• Communicate and get buy-in: Share the 100-day plan with key stakeholders, including the team and leadership, to get buy in and support.
• Monitor, measure and adjust: Regularly review the progress of the 100-day plan and make adjustments as necessary to ensure that goals are met.

It's important to keep in mind that a 100-day plan is a living document that should be flexible and adaptable based on the progress and the outcome.

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100 Day Plan

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Imagine stepping into a new leadership role or taking on an ambitious project. The first 100 days are crucial to establishing your credibility, building relationships, and setting the groundwork for long-term success. But how can you make sure you hit the ground running in your new job? A well-structured 100 Day Plan Template can be your secret weapon for achieving your goals and making a lasting impact.

Key Takeaways

> Create an actionable 100 Day Plan Template for successful outcomes and long-term growth.

> Establish relationships, credibility & quick wins to maximize impact of your plan.

> Track progress regularly & communicate effectively for the best results!

Understanding the 100 Day Plan Template

Taking on a new leadership role or project requires a precise strategy and well-defined goals for successful outcomes. A 100 Day Plan Template is your roadmap to staying focused, motivated, and on track with your objectives. It helps you:

> Develop essential strategies > Allocate resources > Monitor progress > Establish a robust timeline for achieving your goals

It also promotes effective communication and engagement with your team and key stakeholders, paving the way for successful transition and sustainable growth. Now, we’ll delve into the purpose, advantages, and elements of a 100-day plan template, and comprehend its role in driving success.

Purpose of a 100 Day Plan

A 100 Day Plan is a powerful tool designed to help new leaders and managers achieve long-term success in their roles. By setting clear goals, fostering key relationships, and demonstrating decision-making prowess, a 100 Day Plan can cast new leaders in a positive light within their organization. It helps you create a strong foundation from the outset while showcasing your commitment to being purposeful, organized, and action-oriented.

A 100-day plan also allows you to recognize and prioritize required changes for enhancing operational performance and steering your team strategically towards marketplace leadership. For a new leader, making the most of the initial 100 days is vital to create a lasting impression and lay the foundation for a thriving future.

Benefits of using a 100 Day Plan Template

Utilizing a 100 Day Plan Template empowers organizations to effectively manage their business by providing a comprehensive overview of essential tasks and objectives for the upcoming period. A well-structured template can enhance collaboration and coordination within the team, ensuring that everyone knows their roles and responsibilities. This clarity and alignment make it easier to:

> Set goals > Track progress > Identify potential roadblocks > Allocate resources effectively > Monitor performance > Make informed decisions

Ultimately, using a 100 Day Plan Template can be a useful tool, leading to better outcomes and increased efficiency for the organization.

In project management, a 100 Day Plan Template provides several distinct advantages like offering a clear direction, improving tracking and reporting, and promoting accountability. Utilizing a template allows managers to start their new roles confidently, make data-driven decisions, and establish success paths for new hires from the beginning.

Components of a 100 Day Plan Template

The essential components of a 100 Day Plan Template include:

> Clear and achievable goals > Specific tasks > Resource allocation > Priorities > A timeline with milestones > Key Performance Indicators (KPIs)

These elements ensure that your plan is successful and motivating, especially when starting a new job or taking on a new project. By focusing on these core components, you can hit the ground running, measure success, and track progress effectively throughout your 100-day journey.

Collaboration is crucial for developing a 100-day plan that helps you achieve ambitious goals, take decisive actions, and capitalize on opportunities. Working closely with your team and stakeholders enables you to create a tailored action plan that addresses the unique challenges and opportunities of your new role or project.

Customizing Your 100 Day Plan Template

To fully benefit from a 100 Day Plan Template, it’s necessary to develop it according to your specific situation and goals. This adaptation involves evaluating your current position, defining achievable objectives, and adjusting the plan to meet your unique requirements. By doing so, you can create an action plan that resonates with your team and stakeholders, ensuring a higher likelihood of success and long-term growth.

We will now examine how you can evaluate your situation and set achievable goals to craft a personalized 100-day plan that helps you accomplish success.

Assessing Your Situation

Determining your current position and challenges is a vital step in customizing your 100-day plan. To do this, take the time to evaluate your new role or project, the company’s culture, and the expectations of your team and stakeholders. Understanding these aspects helps you identify the areas that require improvement and growth, allowing you to create a plan that truly addresses your unique needs.

Developing strong relationships with your team and stakeholders is also crucial in assessing your situation. Here are some steps to take:

1) Engage in open and honest communication.

2) Learn about their aspirations and motivations.

3) Gain valuable feedback on their perceptions of the company’s strengths, weaknesses, opportunities, and challenges.

This information will serve as a solid foundation for creating a customized 100-day plan that resonates with your team and drives results.

Setting Realistic Goals

Upon gaining a clear comprehension of your situation, you should aim to set attainable and quantifiable objectives for your 100-day plan. These objectives should abide by the SMART criteria (Specific, Measurable, Achievable, Relevant, and Time-bound) to guarantee success and progression. By setting realistic objectives, you can prioritize tasks, allocate resources effectively, and track progress towards your targets.

Furthermore, synchronizing your goals with your overarching objectives and priorities guarantees that your 100-day plan is substantial and adds to your organization’s long-term success. It also stimulates responsibility and cohesion among team members, enabling collaborative efforts towards a common goal.

Key Strategies for a Successful 100 Day Plan

Efficient execution of your 100-day plan necessitates focusing on key strategies that lead to success. These strategies involve relationship building, credibility establishment, and attainment of quick wins. By honing in on these strategies, you can maximize the impact of your 100-day plan and lay the groundwork for long-term success in your new role or project.

We will now examine each of these strategies and understand their contributions to a successful 100-day plan.

Building Relationships

The foundation of a successful 100-day plan lies in fostering strong relationships with stakeholders and team members. Creating powerful connections with these individuals ensures effective collaboration and communication, which is vital for achieving your objectives. Building relationships also helps to ensure that everyone is aligned and working towards the same goals, ultimately contributing to the long-term success of your organization.

To build strong relationships, engage in open and honest communication with your team and stakeholders. Take the time to learn about their roles, aspirations, and motivations, and listen to their feedback and concerns. By doing so, you can build relationships and create a solid foundation of trust and understanding, which will serve as the bedrock for successful collaboration and execution of your 100-day plan.

Establishing Credibility

Establishing credibility is another crucial strategy for success in your 100-day plan. Demonstrating your expertise and competence in your new role or project is essential for building trust and confidence among your team and stakeholders. This trust and confidence enable you to effectively carry out your plan, gain their approval, and secure early successes.

To establish credibility, focus on showcasing your knowledge, skills, and abilities in your field. Set realistic goals, communicate effectively, and be open to feedback and suggestions. By doing so, you can create a positive reputation within your organization, lay the foundation for successful collaboration, and acquire new skills for long-term growth.

Achieving Quick Wins

Identifying opportunities for early success is vital for building momentum and confidence in your 100-day plan. Achieving quick wins demonstrates progress, generates tangible results, and fosters a sense of accomplishment within your team. These early successes help to build confidence, create a positive reputation, and gain the approval of stakeholders.

To achieve quick wins, focus on setting achievable goals, breaking tasks into smaller, manageable steps, and prioritizing the most important tasks first. By doing so, you can create a sense of achievement and enthusiasm that drives your team forward and inspires them to tackle more ambitious goals and challenges.

Top 100 Day Plan Templates to Get You Started

Having comprehended the significance of a 100-day plan template and the strategies for its successful realization, it’s time to examine some practical examples of successful templates. These examples serve as an inspiration for creating your own customized plan to achieve your goals and make a lasting impact in your new role or project. Whether you’re a new leader or tackling an ambitious project, these templates can provide a starting point for your journey towards long-term success.

One of the best places to find a 100 Day Plan Template is on PowerSlides. We offer a wide variety of templates to help you create a clear and actionable plan that aligns with your specific needs and objectives. Downloading a template from us saves you time and effort, allowing you to focus on executing your plan and achieving your goals.

Tips for Maximizing the Impact of Your 100 Day Plan

Effectively executing your 100-day plan and maximizing its impact requires dedication and focus on two key areas: regular progress tracking and effective communication. By honing in on these aspects, you can ensure your plan stays on track, adapts to unforeseen challenges, and delivers the desired results.

Let’s examine these two vital tips for enhancing the effectiveness of your 100-day plan.

Regular Progress Tracking

Monitoring your progress throughout your 100-day plan is essential for staying on track and making necessary adjustments. Regular progress tracking allows you to:

> Proactively identify potential issues or roadblocks > Address them in a timely manner > Stay motivated by celebrating your achievements > Recognize areas where you need to improve

To track progress effectively, set up checkpoints at regular intervals throughout your 100-day plan. These checkpoints provide an opportunity to evaluate your progress, reassess your goals, and make any necessary adjustments to stay on track. By regularly monitoring your progress, you can ensure a higher likelihood of success in your plan and long-term growth.

Effective Communication

Maintaining open lines of communication with stakeholders and team members is crucial for ensuring alignment and support for your 100-day plan. Effective communication helps keep everyone informed of your progress, goals, and expectations, fostering a sense of unity and purpose within your team. It also helps build trust and credibility, which are vital for achieving long-term success.

To ensure effective communication, follow these steps:

1) Establish regular communication channels with your team and stakeholders. This can include meetings, progress updates, and feedback sessions.

2) Be open and truthful in your communication.

3) Actively listen to the concerns and suggestions of your team and stakeholders.

4) Create an environment of transparency and collaboration.

5) Maximize the impact of your 100-day plan.

By following these steps, you can create an environment of effective communication and collaboration.

In conclusion, a well-structured 100 Day Plan Template can be the key to unlocking success in your new role or project. By understanding the purpose, benefits, and components of a 100-day plan, customizing it to your unique situation, and focusing on key strategies like building relationships, establishing credibility, and achieving quick wins, you can maximize the impact of your plan and lay the groundwork for long-term success.

Remember, the first 100 days are crucial for setting the stage for your future achievements. So, take the time to create a comprehensive plan, track your progress regularly, and communicate effectively with your team and stakeholders. By doing so, you can ensure a higher likelihood of success and make a lasting impact in your new role or project.

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Free Business Plan Template

One of the reasons that so many small businesses fail is that they don't do the necessary up front work to create an accurate and realistic business plan. Creating a business plan doesn't guarantee success, but the process of writing a plan is critical for any successful new business. It isn't our goal to try to tell you everything you need to know about creating a business plan. Instead, our goal is to make the process easier by providing a professionally designed business plan template that you can edit easily using Word and Excel .

Business Plan Template

License : Private Use (not for distribution or resale)

Authors : Jon Wittwer and Jim Wittwer

Update (7/22/2016) : We've added a basic break-even analysis worksheet to the companion Excel workbook.

Description

This template provides a business plan outline with sample questions, tables, and a working table of contents. It was created for newer versions of Word and Excel (Office 2007 or later) so that you can easily change the fonts and color scheme and the file will be compatible with the mobile and web-based Word & Excel apps.

It is best to use Excel for financial statements, data tables and charts. So, we have provided a companion Excel workbook with these sample financial statements and other tables and graphs that you can copy and paste into your Word document.

The companion workbook combines many of the different spreadsheets you can find on Vertex42.com, but customized specifically for inclusion in a business plan.

Using the Business Plan Template

Editing headings and table of contents.

Word allows you to assign format Styles to text and paragraphs, and we've designed the template to use these Styles for defining headings, sub-headings, and figure captions.

If you want to add a new section so that the Table of Contents updates correctly, just add a new heading in the body of the document and assign it the Heading 1 or Heading 2 style.

To update the Table of Contents, go to the References tab and within the Table of Contents group of buttons, click on Update Table and then "Update entire table."

Copy/Paste From Excel to Word

For simple tables, you can use Copy/Paste (Ctrl+c / Ctrl+v) to copy a table from Excel to Word. This will typically paste the data as a formatted and editable table in Word, though none of the formulas will be functional within Word (and the table will not be linked to Excel). If you don't want the table to be editable in Word, you can "Paste as a Picture" using Paste Special or by choosing the "Picture" option when you right-click in Word to paste the table.

Important : When you paste a chart object into your business plan, make sure to "Paste as a Picture" because pasting the chart as an embedded object means that the entire spreadsheet becomes embedded in your Word document (even though what you see is only the chart).

If you want to insert a table into Word as a "Linked Object" so that when you edit Excel, the table in Word will update automatically, you may have a more difficult time preserving the formatting of the original. However, at the least the entire spreadsheet won't be embedded within your business plan Word document.

More Related Templates

Resources for Writing a Business Plan

• Write Your Business Plan at SBA.gov - Anybody starting a business should become familiar with the SBA (small business association). SBA.gov also has an online tool for creating a business plan .
• YouTube: How to Write a Business Plan - Business Wales (3 minutes) - This video offers a quick overview and tips for the essential parts of a business plan.
• YouTube: How to Write a Business Plan - Berkeley-Haas (71 minutes) - This presentation offers both the venture capitalist and entrepreneur perspective on how to write a business plan that can successfully attract funding.
• Write Your Business Plan at Entrepreneur.com - A book written by the staff of a company that should know what they are talking about.
• Sample Business Plans at bplans.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.

Other Free Business Plan Templates

• Business Planning Template Gallery at SCORE.org - This nonprofit organization (supported by the SBA) has provided expertise and free mentorship for millions of small business owners. They also have a useful collection of templates.
• Develop Your Business Plan at business.gov.au - This Australian Government site provides a really good business plan template for Word, including a detailed guide, questions to answer, and sample financial statements.

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14 Best Excel Templates for Business in 2024 (Free & Premium)

• Last updated March 21, 2024

Fact Checked By Cindy Wong

Let’s talk about Excel templates. These pre-made spreadsheets help you improve productivity quickly. In this comprehensive guide, we’ll dive deep into the world of Excel templates, equipping you with the knowledge and tools to streamline your tasks, boost productivity, and make informed decisions.

From understanding what Excel spreadsheet templates are to exploring specialized templates for various industries, we’ve got you covered. Whether you’re a seasoned Excel user or just starting, our friendly yet professional approach will simplify complex concepts and empower you to harness the full power of Excel templates.

What Are Excel Templates?

We provide a host of spreadsheet templates for our readers. And Excel templates are no exception. These pre-designed spreadsheets created to simplify various tasks and processes. They serve as starting points, offering predefined structures, formulas, and formatting. These templates are designed to save you time and effort by eliminating the need to build spreadsheets from scratch.

Key Features of Excel Spreadsheet Templates

• Structured Layout: Templates come with organized rows and columns tailored to the specific task or use case. For instance, a budget template might include categories for income, expenses, and savings.
• Predefined Formulas and Functions: Excel spreadsheet templates often include formulas and functions that perform calculations automatically. For example, a mortgage calculator template may already have formulas for calculating monthly payments and interest.
• Formatting and Styling: Templates feature consistent design, including fonts, colors, and cell borders. This makes your data visually appealing and easy to read.
• Placeholder Data: Templates often contain placeholder data or instructions to guide you in entering your information. These placeholders help you understand how to use the template effectively.
• Customizability: While templates provide a structured framework, they are highly customizable. You can modify them to suit your specific needs by adding or removing columns, changing labels, or adjusting formulas.

Common Uses of Excel Templates

• Budgeting: Excel templates for budgeting help individuals and businesses manage their finances effectively by tracking income and expenses, projecting future financial goals, and analyzing spending patterns.
• Project Management: Project management templates assist in planning, tracking, and managing projects. They often include Gantt charts, task lists, and progress trackers.
• Data Analysis: Excel offers templates for data analysis, such as pivot tables, allowing you to quickly summarize and analyze large datasets.
• Accounting: Accounting templates help businesses maintain accurate financial records, including ledgers, income statements, and balance sheets.
• Inventory Management: Inventory templates help businesses track stock levels, monitor product sales, and manage inventory turnover.

Types of Excel Templates

Excel spreadsheet templates come in various categories, each designed to address specific needs and tasks. Here are some of the most common types of Excel templates:

Financial Excel Templates

Financial templates are geared towards managing finances, budgeting, and financial analysis. You can make your own cash flow template , or use one that’s already made. Common financial spreadsheets include:

• Budget Templates: These templates help individuals and businesses create and manage budgets, ensuring that income and expenses are balanced. Check out our top budget templates for Google Sheets .
• Financial Models: Financial modeling templates are used for forecasting financial performance, especially in business planning and investment analysis.
• Income Statements: Templates for income statements track revenues and expenses to determine profitability.
• Balance Sheets: These templates provide a snapshot of a company’s financial position by displaying assets, liabilities, and equity.

Project Management Excel Templates

Project management templates are essential for planning, executing, and monitoring projects. For example, we covered our favorite project status report templates . Other common templates include:

• Gantt Charts: Gantt chart templates visually represent project schedules, showing tasks, timelines, and dependencies.
• Project Timelines: These templates offer a simplified view of project milestones and deadlines.
• Task Tracking Templates: Task tracking templates help teams assign, track, and manage tasks to keep projects on schedule.

Data Analysis Excel Templates

Data analysis templates are invaluable for individuals and businesses working with data. Key templates include:

• Pivot Tables: Pivot table templates simplify data summarization and analysis, allowing users to create interactive reports.
• Data Visualization Templates: Templates for charts and graphs help transform raw data into visual representations for easier understanding.
• Statistical Analysis Templates: Statistical analysis templates include tools for performing statistical tests and calculations.

Personal and Business Excel Templates

Personal and business templates cover a wide range of tasks. We have an article that covers payment receipt templates . Other common personal and business spreadsheets include:

• To-Do List Templates: These templates help you stay organized by listing tasks and priorities.
• Invoice Templates: Invoice templates streamline the invoicing process for businesses, including itemized lists and payment tracking.
• Business Plan Templates: Business plan templates provide structured frameworks for creating comprehensive business plans, helping startups and established companies alike.

Whether you’re managing finances, overseeing a project, analyzing data, or organizing personal tasks, Excel templates offer a time-saving solution to enhance your productivity.

Top 14 Excel Templates for Business

Now, let’s delve into the top Excel templates that can significantly boost your productivity across various domains. We’ll explore each template, highlighting its key features and benefits.

Financial Management Excel Templates

1. financial model.

The Financial Model Excel template is a versatile tool designed to help businesses of all sizes and types manage their finances effectively. Whether you’re a business, a startup , or operating in specific niches like SaaS , E-Commerce , or Marketplace , this template offers comprehensive financial projections, including income statements, balance sheets, and cash flow statements. It’s essential for budgeting, forecasting, and making informed financial decisions.

• Accurate Projections: Generate precise financial projections for different business scenarios, aiding in strategic planning.
• Scenario Analysis: Easily assess the impact of various decisions on your financial health by running multiple scenarios.
• Investor-Ready: Impress investors and stakeholders with professional financial reports and insights.
• Data Visualization: Utilize charts and graphs to visualize financial trends and make data-driven decisions.

Price: $74-139 (Use code SPoint10 for 10% off)

2. Profit and Loss Statement

The Profit and Loss Statement Excel template is tailored to specific business models, including startups , marketplaces , SaaS , and E-Commerce ventures. It helps you track your revenues, costs, and expenses to calculate your net profit or loss accurately. With clear and customizable categories, you can gain a deep understanding of your business’s financial performance.

• Business-Specific Tracking: Choose a template that aligns with your business model for precise financial insights.
• Expense Categorization: Easily categorize expenses for better cost management and identification of cost-saving opportunities.
• Year-over-Year Comparison: Track your financial performance over time to identify growth trends or areas that need improvement.
• Tax Preparation: Simplify tax preparation by neatly organizing your income and expenses.

Price: $74 (Use code SPoint10 for 10% off)

3. Revenue Forecasting Tool

The Revenue Forecasting Tool Excel template is indispensable for businesses focused on revenue growth. With different versions tailored to Marketplace , SaaS , E-Commerce , and Agency models, it enables you to project your future revenues based on historical data, market trends, and growth strategies. This tool empowers you to set realistic revenue targets and make informed decisions to achieve them.

• Data-Driven Projections: Utilize historical data and market insights to generate accurate revenue forecasts.
• Goal Setting: Set achievable revenue targets and track progress towards your financial goals.
• Scenario Planning: Assess how changes in pricing, marketing, or sales strategies impact revenue.
• Informed Decision-Making: Make strategic decisions backed by comprehensive revenue projections.

Price: $46 (Use code SPoint10 for 10% off)

Budgeting and Tracking Excel Templates

4. zero-based budget template.

Zero-based budgeting is a meticulous approach to budgeting where you allocate every dollar of your income to expenses, savings, or investments. The Zero-Based Budget Excel template simplifies the zero-based budgeting process, ensuring that your budget accurately reflects your financial priorities and goals.

• Financial Clarity: Gain a clear understanding of where your money goes and prioritize spending according to your goals.
• Savings and Investments: Systematically allocate funds for savings, investments, and debt reduction.
• Expense Tracking: Monitor daily expenses to identify areas for potential savings.
• Emergency Fund Planning: Create a buffer for unexpected costs by including an emergency fund category.

Price: $4.99

5. Inventory and Sales Tracking Template

Managing inventory and tracking sales is crucial for businesses, especially those in retail or e-commerce. The Inventory and Sales Tracking Excel template streamlines inventory management, allowing you to efficiently track stock levels, sales, and product performance.

• Real-Time Inventory: Monitor inventory levels in real-time, ensuring you never run out of stock or overstock products.
• Sales Analysis: Analyze sales data to identify top-performing products and optimize your product offerings.
• Cost Control: Keep tabs on inventory costs and prevent financial losses due to mismanagement.
• Data-Driven Decision-Making: Use sales insights to make informed decisions about restocking, promotions, and pricing strategies.

Price: $19.99

6. Capital Expenditure Planning Template

Capital expenditures (CapEx) are essential for businesses looking to grow and invest in assets like equipment, technology, or infrastructure. This free CapEx Excel template simplifies the planning and tracking of capital expenditures, ensuring efficient allocation of resources.

• Streamlined Planning: Plan and prioritize capital expenditures in a structured manner.
• Budget Control: Stay within budget by tracking expenses against planned allocations.
• ROI Assessment: Evaluate each capital expenditure’s return on investment (ROI) to make informed decisions.
• Asset Management: Keep a comprehensive record of your business’s assets and their depreciation.

Price: Free!

Investment and Financial Analysis Excel Templates

7. simple investment template.

The Simple Investment Excel template is perfect for individuals or businesses looking to analyze potential investments. It assists in evaluating the financial feasibility of investments, calculating returns, and making informed investment decisions.

• Investment Evaluation: Assess the attractiveness of various investment opportunities.
• Risk Analysis: Consider the risks associated with each investment and their impact on returns.
• Return Calculations: Calculate potential returns, including net present value (NPV) and internal rate of return (IRR).
• Decision Support: Make well-informed investment choices based on financial analysis.

8. Mortgage Calculator with Amortization Table

Mortgages are a significant financial commitment. This Mortgage Calculator Excel template simplifies mortgage calculations, helping individuals and homeowners understand their loan terms, amortization schedules, and total interest payments.

• Loan Clarity: Understand your mortgage terms, including interest rates, monthly payments, and loan duration.
• Amortization Schedule: View the full amortization schedule, tracking principal and interest payments over time.
• Interest Savings: Explore strategies for paying off your mortgage early to reduce interest costs.
• Financial Planning: Incorporate mortgage payments into your long-term financial planning.

9. CLV vs. CAC Analysis Template

Customer Lifetime Value (CLV) and Customer Acquisition Cost (CAC) are critical business metrics. The CLV vs. CAC Analysis Excel template simplifies the calculation and analysis of CLV and CAC, aiding in strategic marketing and growth decisions.

• Customer Profitability: Determine the profitability of acquiring and retaining customers.
• Marketing Efficiency: Evaluate the effectiveness of marketing campaigns by comparing CAC to CLV.
• Retention Strategies: Identify opportunities to increase CLV through customer retention and loyalty programs.
• Data-Driven Marketing: Allocate marketing budgets more efficiently based on CLV and CAC insights.

Data Analysis and Metrics Tracking Excel Templates

10. cohort analysis template.

Cohort analysis is a powerful method for examining user behavior over time. The Cohort Analysis Excel template simplifies the process, helping businesses gain insights into customer retention, engagement, and more.

• User Segmentation: Group users into cohorts based on signup date or other criteria for focused analysis.
• Retention Insights: Identify trends in user retention and pinpoint when users drop off.
• Product Improvement: Use cohort analysis to inform product improvements and marketing strategies.
• Churn Reduction: Develop strategies to reduce customer churn based on cohort analysis findings.

11. MRR Dashboard Template

Monthly Recurring Revenue (MRR) is a vital metric for subscription-based businesses. The MRR Dashboard Excel template provides a comprehensive dashboard for tracking MRR, analyzing trends, and making data-driven decisions.

• MRR Overview: Get a real-time overview of your MRR, including new revenue, lost revenue, and net MRR growth.
• Churn Analysis: Identify reasons for churn and implement strategies to reduce it.
• Growth Tracking: Monitor your subscription business’s growth and set goals for MRR expansion.
• Data Visualization: Visualize MRR trends with charts and graphs for easier interpretation.

12. User Engagement Dashboard Template

User engagement is critical for online businesses. The User Engagement Dashboard Excel template provides a user-friendly dashboard for tracking user engagement metrics, analyzing user behavior, and optimizing user experiences.

• Comprehensive Metrics: Track key engagement metrics such as session duration, bounce rate, and conversion rate.
• Segmentation: Analyze user engagement based on demographics, devices, or referral sources.
• Content Performance: Identify high-performing content and optimize the user journey accordingly.
• Conversion Optimization: Implement strategies to improve user engagement and conversion rates based on insights.

Business Planning and Management Excel Templates

13. software license management tool.

The Software License Management Excel tool simplifies the process for businesses managing software licenses. It allows you to track software licenses, renewal dates, and compliance, ensuring efficient software management.

• License Tracking: Easily keep track of all software licenses in use across your organization.
• Renewal Alerts: Identify license renewals timely to prevent interruptions.
• Cost Control: Avoid unnecessary software purchases and optimize license utilization.
• Compliance Assurance: Ensure compliance with software licensing agreements to avoid legal issues.

14. Workforce Planning Tool

Effective workforce planning is crucial for businesses of all sizes. The Workforce Planning Excel template streamlines the process by helping you manage employee information, staffing levels, and workforce optimization.

• Employee Database: Maintain a centralized employee information database, including roles, qualifications, and contact details.
• Staffing Analysis: Analyze staffing levels and plan for hiring, training, or restructuring as needed.
• Cost Projections: Estimate labor costs and budgets for workforce expansion or reduction.
• Scenario Planning: Model various workforce scenarios and their financial implications.

These Excel spreadsheet templates cover a wide range of business and financial needs, making them invaluable tools for improving productivity, making informed decisions, and achieving your goals. Whether you’re a financial analyst, business owner, or simply looking to better manage your finances, Excel templates offer a user-friendly and robust solution.

Best Practices for Excel Templates

Excel spreadsheet templates are powerful tools that can significantly enhance your productivity , but it’s essential to follow best practices to make the most of them. Here are some tips and strategies to help you use Excel templates effectively.

Choose the Right Template

Selecting the appropriate template for your specific task is the first step to success. Consider the following factors when choosing a template:

• Task Complexity: Ensure the template aligns with the complexity of your task. Simple tasks may require basic templates, while more complex tasks need advanced templates.
• Customizability: Look for templates that allow customization. Templates that are too rigid may not suit your unique needs.
• Industry or Use Case: Many templates are designed for specific industries or use cases. For financial tasks, for instance, choose templates tailored to your industry, such as retail, healthcare, or real estate.
• Scalability: If your task may grow in complexity or data volume, opt for a template that can scale with your needs.

Understand Formulas and Functions

Excel templates often come with built-in formulas and functions to automate calculations. To use these templates effectively, it’s crucial to understand how these formulas work.

• Learn the Basics: Familiarize yourself with common Excel functions like SUM, AVERAGE, IF, VLOOKUP, and more. These are the building blocks of many templates.
• Review Formulas: Take time to review the formulas used in the template. Understand how they calculate results and what data they depend on.
• Customize Formulas: If needed, customize formulas to suit your specific requirements. Modify cell references or add new calculations as necessary.

Input Data Accurately

Accurate data input is essential to obtain meaningful results from Excel spreadsheet templates.

• Double-Check Data: Ensure all data entered into the template is accurate and error-free. A slight mistake can lead to significant inaccuracies in calculations.
• Use Data Validation: Implement data validation rules to prevent incorrect data entry. Excel can prompt users when data doesn’t meet specified criteria.
• Consistent Formatting: Maintain consistent formatting throughout the template. This includes date formats, number formats, and currency symbols.
• Document Data Sources: Keep track of your data sources, especially if you’re pulling data from external sources. This documentation can help troubleshoot discrepancies later.

Regularly Save and Backup

Excel templates represent valuable work, so protecting your data is essential.

• Frequent Saving: Save your work regularly to prevent data loss in case of unexpected software crashes or power outages.
• Version Control: Maintain version control by saving different iterations of your template. Use meaningful file names and dates to track changes.
• Backup Files: Implement a backup strategy. Regularly create copies of your Excel files and store them in a secure location, whether it’s a cloud service or an external drive.

Understand Template Limitations

Excel spreadsheet templates have limitations, and it’s essential to be aware of them.

• Data Volume: Excel may not handle very large datasets efficiently. Consider using a database or specialized software for extensive data management.
• Complexity: Templates have limits in terms of complexity. You might need to consider custom software or consulting with a specialist for more advanced or intricate tasks.
• Data Security: Be cautious when handling sensitive or confidential data within Excel. Implement password protection and encryption where necessary.

Customize for Your Needs

While templates provide a structured starting point, don’t hesitate to customize them to better suit your unique requirements.

• Add or Remove Fields: Include additional or remove unnecessary fields to streamline data entry and reporting.
• Format and Styling: Adjust the template’s formatting and styling to match your preferences and branding guidelines.
• Automate Repetitive Tasks: Excel allows you to automate repetitive tasks using macros. Learn how to create and use macros to save time.

Stay Updated and Educated

Excel is a continually evolving software, and staying updated with the latest features and best practices can benefit your productivity.

• Software Updates: Keep your Excel software up-to-date to access new features and security patches.
• Online Resources: Explore online resources, spreadsheet tutorials , and forums to expand your Excel skills and troubleshoot issues.
• Advanced Training: Consider advanced Excel training courses or certifications to become an Excel power user.

By following these best practices, you can harness the full potential of Excel spreadsheet templates, streamline your tasks, and make more informed decisions. Excel templates are versatile tools that can save you time and effort, but mastering them requires a combination of knowledge, practice, and attention to detail.

Get Started with the Financial Spreadsheet Template Bundle

Ready to take control of your finances and make smart financial decisions? Our Financial Spreadsheet Template Bundle is the ultimate solution to simplify financial management, investment analysis, and mortgage planning.

This bundle includes five powerful templates that can help you achieve your financial goals with ease:

• Cryptocurrency Portfolio Tracker: Keep track of your cryptocurrency investments, monitor real-time market prices, and analyze your portfolio’s performance effortlessly.
• Inventory and Sales Tracking Spreadsheet Template: Optimize your business operations with this template. Efficiently manage inventory, track sales, and make data-driven decisions.
• Simple Investment Template: Make informed investment choices by analyzing potential returns and risks. This template simplifies investment planning for beginners and experts alike.
• Extra-Payment Mortgage Calculator: Take control of your mortgage payments and reduce the total interest you pay. This tool helps you plan extra payments to pay off your mortgage faster.
• Mortgage Calculator Spreadsheet with Amortization Table: Understand your mortgage terms, visualize your amortization schedule, and make sound financial decisions regarding homeownership.

Purchasing these templates individually would cost you more than $69, but with the Financial Spreadsheet Template Bundle , you can access all of them at a fraction of the price. Save over 40% off the list price and embark on your journey to financial success today!

Price: $39.99

Excel templates are your secret weapon for accomplishing tasks faster and more efficiently. With the right template at your fingertips, you can conquer financial challenges, manage projects like a pro, and analyze data with ease. The best part? You don’t need to be an Excel expert to reap the benefits. These templates are designed to simplify your life and make complex tasks feel like a breeze.

So, whether you’re tracking expenses, planning a project, or diving into data analysis, remember that Excel spreadsheet templates are your trusty companions on the journey to productivity and success. Embrace them, customize them, and watch your tasks transform from daunting to doable. Excel templates are your shortcut to getting things done, and the possibilities are endless. Start using them today and take control of your tasks, one spreadsheet at a time!

Free Multiple Project Tracking Template for Excel (2 Options)

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11 Best Excel Budget Template Sites (2024) [FREE]

1. introduction.

In today’s world, managing personal finance or dealing with a company’s budget is all about strategy and planning. Excel budget templates have become an essential tool in this process, providing layout and dymanic calculation capabilities that contribute to an efficient and detailed approach for budget management.

1.1 Importance of Excel Budget Template Site

Excel budget template sites have gained significance as they offer a wide range of templates which are tailored for a variety of purposes. Whether one is interested in personal budget management or corporate budget planning, these sites host a multitude of templates that cater to specific requirements. They provide a foundation upon which a detailed budget plan can be built, offering particular structure for input data and often incorporating useful functions to perform automatic calculations. This reduces the time needed for budget creation and increases the reliability of budgeting outcomes.

1.2 Objectives of this Comparison

The main goal of this comparison is to provide an overview of several popular Excel budget template sites. We will critically evaluate the quality of their designs, ease of use and adaptability to various budgeting contexts. Through this comprehensive assessment, we aim to offer guidance for readers in choosing the most suitable site to fit their precise budgeting needs.

1.3 Fix Excel Files

You also need a good tool to fix Excel files if they are corrupt. DataNumen Excel Repair is a perfect option:

2. Microsoft Budget Template Designs

Microsoft offers a variety of Excel budget templates through their official website. These templates cater to a diverse set of needs, including family budget planners, project budget templates, business budget templates, and personal expense trackers.

Microsoft’s Excel budget templates are user-friendly resources designed to accommodate various categories of budgeting. The templates supplied are well-integrated with the other services offered by Microsoft Office Suite, promoting seamless interaction with software used regularly by a myriad of users across the globe. The templates are conveniently distributed across categories like budgets, invoices, receipts, financial management, financial statements, etc., making it easy for users to find a specific template that fits their needs.

• Brand: As a Microsoft product, the templates assuredly come from a reliable source.
• Range: Microsoft offers a diverse array of templates, catering to personal and professional budgeting needs.
• Integration: These templates are easy to integrate with other Microsoft Office Suite tools, offering cohesive functionality and usability.
• User-Friendly: The templates are easy to use even for those with little to no background in Excel.
• Variability: While Microsoft provides a wide array of templates, the overall quality and utility may vary between them.
• Limited Customization: Microsoft’s templates have innate limitations regarding customization when compared to more flexible platforms.

3. Smartsheet Top Excel Budget Templates

Smartsheet is renowned for its innovative approach to workflow and project management. Alongside, they provide a collection of top Excel budget templates designed to assist in efficient budgeting for both individuals and businesses.

Smartsheet’s Excel budget templates are designed with the platform’s unique approach to dynamic work management in mind. They suggest a variety of templates that accommodate different needs, including marketing budgets, event budgets, project budgets, and department budget templates. Smartsheet’s emphasis on collaborative work management is mirrored in its Excel templates, promoting team cooperation and streamlining shared projects

• Collaborative Features: Smartsheet templates are designed for team environments, facilitating better collaboration.
• Diverse Options: Smartsheet’s selection of templates caters to a wide variety of budgeting requirements.
• Innovative Functions: As a part of a platform focused on dynamic work management, these templates incorporate useful features that are beyond the scope of traditional spreadsheet templates.
• Learning Curve: For new users, Smartsheet might hold a steeper learning curve, due to its unique features.
• Optimization: Since the budget templates are created with the whole Smartsheet ecosystem in mind, they might not be fully optimized for stand-alone Excel use.

4. Vertex42 Free Budget Templates

Vertex42 offers a rich collection of Excel templates, including an exceptional selection of budget templates. They cater to a variety of needs, providing templates for purposes like personal budgeting, business budgeting, or project management.

Vertex42 is distinguished by its focus on Excel templates, prioritizing versatility and accessibility. The budget templates offered range from simple family budget templates to more sophisticated business budgeting tools. The designs place importance on user readability, aiming to visually simplify complex budgeting tasks.

• Versatility: Vertex42 offers an impressive range of budget templates, adaptable to different budgeting scenarios.
• Readability: The templates emphasize easy readability, making the budgeting process more comfortable, especially for beginners.
• Accessibility: As the templates are designed exclusively for Excel, they are incredibly accessible for any user with Excel installed.
• Design Variety: While Vertex42 templates are functional, they might lack visual variety or appeal compared to competitors.
• Customization: The level of customization offered might not suffice for users who require advanced customization options.

5. Spreadsheet123 Free Budget Templates

Spreadsheet123 specializes in Excel templates, including a substantial library of budget templates that cater to a variety of needs — including personal finance maintenance, event budgeting, and managing business finances.

Spreadsheet123’s Excel budget templates focus on ease-of-use, enabling users to plan and manage their finances effectively. The templates vary from simple household budget templates to more complex business budgeting templates, offering a comprehensive selection for different budgeting scenarios.

• Direct Application: Spreadsheet123 templates are designed for direct use in Excel, ensuring ease of use for users of all levels.
• Comprehensive Library: The site provides a detailed collection of templates, suiting diverse budgeting needs.
• Customer Support: Spreadsheet123 offers customer support, guiding users through any issues they may face while using the templates.
• Design Appeal: While the templates are functional, they may not offer the same visual appeal as some other contemporary budget templates.
• Advanced Functions: Users requiring advanced Excel functions may find the templates somewhat basic.

6. Coefficient Budget Templates

Coefficient is a software platform that offers data connectivity solutions along with a variety of budget templates. Their templates are designed to provide concise and well-structured budgeting solutions.

Offering a sleek and intuitive interface, Coefficient’s Excel budget templates are primarily designed for business finances. These templates are designed to allow for easy data import and export, making it simple to use data from other sources in your budgeting. They provide a professional layout and the ability to analyze data within the template itself.

• Data Connectivity: Coefficient templates allow for seamless import and export of data, facilitating easy data handling.
• Professional Layout: The templates offer a clean, professional look suited for business budgeting.
• Analysis Features: Coefficient budget templates offer data analysis tools directly within the template, providing valuable insights on the fly.
• Premium Features: Some of the advanced features might require a premium Coefficient account.
• Data Handling: Users not familiar with data importing and exporting may find some features challenging to navigate.

7. Workfeed Free Excel Business Budget Template

Workfeed specializes in providing a free business budget template for Excel that can assist organizations of all sizes in managing their finances effectively. This single template offered by them is designed with business users in mind.

The Workfeed Excel business budget template is free to use and focused on business budgeting. It’s designed to be flexible and adaptive, capable of accommodating the financial planning needs of a variety of business types and sizes. This template provides a pre-structured way to map out and monitor income and expenses.

• Business Focus: The template is specifically designed for business budgeting, with attention to detail in areas such as expense tracking and income forecasting.
• Flexibility: The template is designed to adapt to a variety of business types and sizes.
• Free to Use: This business budget template is offered completely free of charge.
• Limited Variety: Workfeed primarily offers a single business budget template, which could limit the options for users needing other types of budget templates.
• Requires Excel Knowledge: To optimize the use of the template, users may need a fair understanding of Excel and its functions.

8. Template.net Budget Template In Excel

Template.net is a comprehensive online platform delivering a wide range of templates for different purposes, including an extensive selection of budget templates which are effortlessly compatible with Excel.

Template.net’s library of Excel budget templates caters to diverse budgeting requirements. From personal budgeting to corporate finance planning, their templates are designed to ensure user-friendliness and broad applicability. They offer a multitude of designs and structure models, catering to specific budgeting situations with careful attention to user accessibility and comfort.

• Extensive Library: Template.net offers an extremely wide range of budget templates, suitable for diverse budgeting contexts.
• User-Friendly Designs: The templates are designed for ease of use, accommodating users of all levels.
• Adaptability: The templates are versatile and adaptable to different budgeting requirements.
• Quality Variability: With a collection so vast, the quality and usefulness of templates can fluctuate.
• Overwhelming Options: The vast library might potentially overwhelm users looking for a simple solution.

9. MyMoneyCoach Canadian Budget Calculator Spreadsheet

MyMoneyCoach is a Canadian non-profit credit counselling service that provides a budgeting tool specifically designed for Canadians. Its Canadian budget calculator spreadsheet for Excel is a valuable resource for personal finance planning with a built-in calculator for budget expenses.

The MyMoneyCoach Canadian Budget Calculator Spreadsheet is an effective tool for personal budgeting. It’s tailored to Canadians’ specific fiscal context, taking into account unique aspects of the Canadian economy and taxation system. It includes sections for income, expenses, and a summary area to provide a comparative analysis of income versus expenditure.

• Canadian Specific: Designed with Canadian financial context in mind, it perfectly suits those residing in Canada.
• Comprehensive: The template provides in-depth budgeting details including aspects like income, expenditures and budget summary.
• Non-Profit Service: Coming from a non-profit organization, there’s a trust factor attached to the template.
• Limited Audience: The template is ideal for those familiar with and part of the Canadian financial ecosystem, limiting its global appeal.
• Bare-Bones Design: The design is functional but fairly basic without any premium features.

10. It’s Your Money SimpleBudget Spreadsheet

“It’s Your Money” is a personal finance website that offers a simple, easy-to-use budget spreadsheet known as SimpleBudget. This spreadsheet is designed to help users efficiently track their income and expenses.

The SimpleBudget Spreadsheet from “It’s Your Money” is tailor-made for those in search of a simple, easy-to-use budgeting tool. The focus is on delivering clarity and simplicity in budget management without too many complicated features. This tool aims at giving users control over their finance tracking process.

• Simple and Straightforward: The SimpleBudget Spreadsheet brings simplicity and clarity to money management.
• User-Friendly: The spreadsheet is designed for easy usability, making it a good fit for users who may not be very tech-savvy.
• Direct Control: This tool gives the user full control over their financial data without any confusing functionalities.
• Basic Functionality: Those requiring advanced features might find this spreadsheet a little too basic.
• Design Appeal: The aesthetics are not its strong point, as the design prioritizes functionality over appearance.

11. PearBudget Budget Spreadsheet

PearBudget is a popular personal finance tool designed to help users manage their finances effectively. This budget spreadsheet excels in offering an easy-planning budgeting solution.

The PearBudget spreadsheet is designed with a focus on simplicity and effectiveness. It enables the user to monitor monthly income and expenses, while also guiding them to plan for irregular expenses that occur less frequently than monthly. The spreadsheet is pre-formatted to be user-friendly and only requires users to input their information to get started.

• Simple to Use: The PearBudget Spreadsheet highlights simplicity, making it a suitable tool for beginners.
• Expense Tracking: The spreadsheet effectively tracks both regular and irregular expenses, comprehensively covering all areas of personal budgeting.
• Effective Planning: The tool’s design aligns well with the planning of monthly budgets, making it a practical solution for personal finance management.
• Limited Features: The tool may come off too simple for users requiring advanced features and functionalities.
• No Business Focus: PearBudget Spreadsheet is primarily designed for personal finance, possibly making it less ideal for business budgeting.

12. Someka Excel Budgets

Someka is a provider of a wide range of Excel templates, including an impressive collection of budget templates. Catering to various budgeting needs, they offer templates for family budgeting, business budgeting, and project budgeting among others.

Someka’s Excel budget templates focus on usability and aesthetic appeal. From comprehensive business budgeting templates to simple family budget planners, their offerings cover a broad spectrum of budgeting needs. The unique selling point of Someka templates is their visually appealing design, enhancing the user experience beyond functional budget planning.

• Design Appeal: Someka’s budget templates stand out for their visually pleasing design and interface.
• Diverse Options: They provide a substantial collection of templates catering to a variety of budgeting contexts.
• User-Friendly: The templates are designed for easy use, making them suitable for both beginners and advanced users.
• Cost: While Someka offers free templates, more advanced or specific budget templates may come at a cost.
• Customization: While visually appealing, some templates might have limitations in terms of customization options.

13. Summary

In this article, we have explored various Excel budget template sites. Each site has its strengths and weaknesses, making them better suited for different user needs. To help make an informed decision, let’s summarize the information.

13.1 Overall Comparison Table

13.2 recommended template site based on various needs.

Choosing the right Excel budget template site depends on various factors such as user’s Excel proficiency, budgeting needs, preferred design, and level of support required. Based on our assessment, let’s provide a recommendation:

• For beginners and individuals: Vertex42 Free Budget Templates focus on readability and accessibility, making it simple for personal budgeting.
• For advanced users and corporations: Smartsheet Top Excel Budget Templates offer diverse options and high-end functionality beneficial for corporations.
• For aesthetic preference: Someka Excel Budgets provide visually appealing templates alongside functionality.
• For Canadians: The MyMoneyCoach Canadian Budget Calculator Spreadsheet is specifically tailored for the Canadian financial ecosystem.

14. Conclusion

In our digitally-integrated world, managing finances efficiently is crucial. And finding the right Excel budget template site can make a significant difference. Each site has its strengths and weaknesses, which we have discussed in detail. It’s essential to consider these factors in order to choose the most fitting site for your financial planning needs.

14.1 Final Thoughts and Takeaways for Choosing an Excel Budget Template Site

Consider your specific needs before making a choice. If you are new to Excel budgeting, you might want to opt for a site offering simple, user-friendly templates. If you are an advanced user, you might be interested in a site with extensive features and options. A site with a different range of templates could be beneficial if you have diverse budgeting needs.

Remember, a budgeting template should make your life easier, not more complicated. Look for a balance between functionality and ease of use. Finally, no matter which Excel budget template site you choose, the key to successful budgeting is consistency and commitment to the process.

Author Introduction:

Vera Chen is a data recovery expert in DataNumen, which provides a wide range of products, including a great MS SQL Server data recovery tool .

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