financial model template for business plan

Free Financial Templates for a Business Plan

By Andy Marker | July 29, 2020

• Share on Facebook
• Share on LinkedIn

Link copied

In this article, we’ve rounded up expert-tested financial templates for your business plan, all of which are free to download in Excel, Google Sheets, and PDF formats.

Included on this page, you’ll find the essential financial statement templates, including income statement templates , cash flow statement templates , and balance sheet templates . Plus, we cover the key elements of the financial section of a business plan .

Financial Plan Templates

Download and prepare these financial plan templates to include in your business plan. Use historical data and future projections to produce an overview of the financial health of your organization to support your business plan and gain buy-in from stakeholders

Business Financial Plan Template

Use this financial plan template to organize and prepare the financial section of your business plan. This customizable template has room to provide a financial overview, any important assumptions, key financial indicators and ratios, a break-even analysis, and pro forma financial statements to share key financial data with potential investors.

Download Financial Plan Template

Word | PDF | Smartsheet

Financial Plan Projections Template for Startups

This financial plan projections template comes as a set of pro forma templates designed to help startups. The template set includes a 12-month profit and loss statement, a balance sheet, and a cash flow statement for you to detail the current and projected financial position of a business.

‌ Download Startup Financial Projections Template

Excel | Smartsheet

Income Statement Templates for Business Plan

Also called profit and loss statements , these income statement templates will empower you to make critical business decisions by providing insight into your company, as well as illustrating the projected profitability associated with business activities. The numbers prepared in your income statement directly influence the cash flow and balance sheet forecasts.

Pro Forma Income Statement/Profit and Loss Sample

Use this pro forma income statement template to project income and expenses over a three-year time period. Pro forma income statements consider historical or market analysis data to calculate the estimated sales, cost of sales, profits, and more.

‌ Download Pro Forma Income Statement Sample - Excel

Small Business Profit and Loss Statement

Small businesses can use this simple profit and loss statement template to project income and expenses for a specific time period. Enter expected income, cost of goods sold, and business expenses, and the built-in formulas will automatically calculate the net income.

‌ Download Small Business Profit and Loss Template - Excel

3-Year Income Statement Template

Use this income statement template to calculate and assess the profit and loss generated by your business over three years. This template provides room to enter revenue and expenses associated with operating your business and allows you to track performance over time.

Download 3-Year Income Statement Template

For additional resources, including how to use profit and loss statements, visit “ Download Free Profit and Loss Templates .”

Cash Flow Statement Templates for Business Plan

Use these free cash flow statement templates to convey how efficiently your company manages the inflow and outflow of money. Use a cash flow statement to analyze the availability of liquid assets and your company’s ability to grow and sustain itself long term.

Simple Cash Flow Template

Use this basic cash flow template to compare your business cash flows against different time periods. Enter the beginning balance of cash on hand, and then detail itemized cash receipts, payments, costs of goods sold, and expenses. Once you enter those values, the built-in formulas will calculate total cash payments, net cash change, and the month ending cash position.

Download Simple Cash Flow Template

12-Month Cash Flow Forecast Template

Use this cash flow forecast template, also called a pro forma cash flow template, to track and compare expected and actual cash flow outcomes on a monthly and yearly basis. Enter the cash on hand at the beginning of each month, and then add the cash receipts (from customers, issuance of stock, and other operations). Finally, add the cash paid out (purchases made, wage expenses, and other cash outflow). Once you enter those values, the built-in formulas will calculate your cash position for each month with.

‌ Download 12-Month Cash Flow Forecast

3-Year Cash Flow Statement Template Set

Use this cash flow statement template set to analyze the amount of cash your company has compared to its expenses and liabilities. This template set contains a tab to create a monthly cash flow statement, a yearly cash flow statement, and a three-year cash flow statement to track cash flow for the operating, investing, and financing activities of your business.

Download 3-Year Cash Flow Statement Template

For additional information on managing your cash flow, including how to create a cash flow forecast, visit “ Free Cash Flow Statement Templates .”

Balance Sheet Templates for a Business Plan

Use these free balance sheet templates to convey the financial position of your business during a specific time period to potential investors and stakeholders.

Small Business Pro Forma Balance Sheet

Small businesses can use this pro forma balance sheet template to project account balances for assets, liabilities, and equity for a designated period. Established businesses can use this template (and its built-in formulas) to calculate key financial ratios, including working capital.

Download Pro Forma Balance Sheet Template

Monthly and Quarterly Balance Sheet Template

Use this balance sheet template to evaluate your company’s financial health on a monthly, quarterly, and annual basis. You can also use this template to project your financial position for a specified time in the future. Once you complete the balance sheet, you can compare and analyze your assets, liabilities, and equity on a quarter-over-quarter or year-over-year basis.

Download Monthly/Quarterly Balance Sheet Template - Excel

Yearly Balance Sheet Template

Use this balance sheet template to compare your company’s short and long-term assets, liabilities, and equity year-over-year. This template also provides calculations for common financial ratios with built-in formulas, so you can use it to evaluate account balances annually.

Download Yearly Balance Sheet Template - Excel

For more downloadable resources for a wide range of organizations, visit “ Free Balance Sheet Templates .”

Sales Forecast Templates for Business Plan

Sales projections are a fundamental part of a business plan, and should support all other components of your plan, including your market analysis, product offerings, and marketing plan . Use these sales forecast templates to estimate future sales, and ensure the numbers align with the sales numbers provided in your income statement.

Basic Sales Forecast Sample Template

Use this basic forecast template to project the sales of a specific product. Gather historical and industry sales data to generate monthly and yearly estimates of the number of units sold and the price per unit. Then, the pre-built formulas will calculate percentages automatically. You’ll also find details about which months provide the highest sales percentage, and the percentage change in sales month-over-month. 

Download Basic Sales Forecast Sample Template

12-Month Sales Forecast Template for Multiple Products

Use this sales forecast template to project the future sales of a business across multiple products or services over the course of a year. Enter your estimated monthly sales, and the built-in formulas will calculate annual totals. There is also space to record and track year-over-year sales, so you can pinpoint sales trends.

Download 12-Month Sales Forecasting Template for Multiple Products

3-Year Sales Forecast Template for Multiple Products

Use this sales forecast template to estimate the monthly and yearly sales for multiple products over a three-year period. Enter the monthly units sold, unit costs, and unit price. Once you enter those values, built-in formulas will automatically calculate revenue, margin per unit, and gross profit. This template also provides bar charts and line graphs to visually display sales and gross profit year over year.

Download 3-Year Sales Forecast Template - Excel

For a wider selection of resources to project your sales, visit “ Free Sales Forecasting Templates .”

Break-Even Analysis Template for Business Plan

A break-even analysis will help you ascertain the point at which a business, product, or service will become profitable. This analysis uses a calculation to pinpoint the number of service or unit sales you need to make to cover costs and make a profit.

Break-Even Analysis Template

Use this break-even analysis template to calculate the number of sales needed to become profitable. Enter the product's selling price at the top of the template, and then add the fixed and variable costs. Once you enter those values, the built-in formulas will calculate the total variable cost, the contribution margin, and break-even units and sales values.

Download Break-Even Analysis Template

For additional resources, visit, “ Free Financial Planning Templates .”

Business Budget Templates for Business Plan

These business budget templates will help you track costs (e.g., fixed and variable) and expenses (e.g., one-time and recurring) associated with starting and running a business. Having a detailed budget enables you to make sound strategic decisions, and should align with the expense values listed on your income statement.

Startup Budget Template

Use this startup budget template to track estimated and actual costs and expenses for various business categories, including administrative, marketing, labor, and other office costs. There is also room to provide funding estimates from investors, banks, and other sources to get a detailed view of the resources you need to start and operate your business.

Download Startup Budget Template

Small Business Budget Template

This business budget template is ideal for small businesses that want to record estimated revenue and expenditures on a monthly and yearly basis. This customizable template comes with a tab to list income, expenses, and a cash flow recording to track cash transactions and balances.

Download Small Business Budget Template

Professional Business Budget Template

Established organizations will appreciate this customizable business budget template, which  contains a separate tab to track projected business expenses, actual business expenses, variances, and an expense analysis. Once you enter projected and actual expenses, the built-in formulas will automatically calculate expense variances and populate the included visual charts. 

‌ Download Professional Business Budget Template

For additional resources to plan and track your business costs and expenses, visit “ Free Business Budget Templates for Any Company .”

Other Financial Templates for Business Plan

In this section, you’ll find additional financial templates that you may want to include as part of your larger business plan.

Startup Funding Requirements Template

This simple startup funding requirements template is useful for startups and small businesses that require funding to get business off the ground. The numbers generated in this template should align with those in your financial projections, and should detail the allocation of acquired capital to various startup expenses.

Download Startup Funding Requirements Template - Excel

Personnel Plan Template

Use this customizable personnel plan template to map out the current and future staff needed to get — and keep — the business running. This information belongs in the personnel section of a business plan, and details the job title, amount of pay, and hiring timeline for each position. This template calculates the monthly and yearly expenses associated with each role using built-in formulas. Additionally, you can add an organizational chart to provide a visual overview of the company’s structure. 

Download Personnel Plan Template - Excel

Elements of the Financial Section of a Business Plan

Whether your organization is a startup, a small business, or an enterprise, the financial plan is the cornerstone of any business plan. The financial section should demonstrate the feasibility and profitability of your idea and should support all other aspects of the business plan. 

Below, you’ll find a quick overview of the components of a solid financial plan.

• Financial Overview: This section provides a brief summary of the financial section, and includes key takeaways of the financial statements. If you prefer, you can also add a brief description of each statement in the respective statement’s section.
• Key Assumptions: This component details the basis for your financial projections, including tax and interest rates, economic climate, and other critical, underlying factors.
• Break-Even Analysis: This calculation helps establish the selling price of a product or service, and determines when a product or service should become profitable.
• Pro Forma Income Statement: Also known as a profit and loss statement, this section details the sales, cost of sales, profitability, and other vital financial information to stakeholders.
• Pro Forma Cash Flow Statement: This area outlines the projected cash inflows and outflows the business expects to generate from operating, financing, and investing activities during a specific timeframe.
• Pro Forma Balance Sheet: This document conveys how your business plans to manage assets, including receivables and inventory.
• Key Financial Indicators and Ratios: In this section, highlight key financial indicators and ratios extracted from financial statements that bankers, analysts, and investors can use to evaluate the financial health and position of your business.

Need help putting together the rest of your business plan? Check out our free simple business plan templates to get started. You can learn how to write a successful simple business plan  here . 

Visit this  free non-profit business plan template roundup  or download a  fill-in-the-blank business plan template  to make things easy. If you are looking for a business plan template by file type, visit our pages dedicated specifically to  Microsoft Excel ,  Microsoft Word , and  Adobe PDF  business plan templates. Read our articles offering  startup business plan templates  or  free 30-60-90-day business plan templates  to find more tailored options.

Discover a Better Way to Manage Business Plan Financials and Finance Operations

Empower your people to go above and beyond with a flexible platform designed to match the needs of your team — and adapt as those needs change. 

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. 

When teams have clarity into the work getting done, there’s no telling how much more they can accomplish in the same amount of time.  Try Smartsheet for free, today.

Discover why over 90% of Fortune 100 companies trust Smartsheet to get work done.

How to Write a Small Business Financial Plan

Noah Parsons

4 min. read

Updated April 22, 2024

Creating a financial plan is often the most intimidating part of writing a business plan.

It’s also one of the most vital. Businesses with well-structured and accurate financial statements are more prepared to pitch to investors, receive funding, and achieve long-term success.

Thankfully, you don’t need an accounting degree to successfully create your budget and forecasts.

Here is everything you need to include in your financial plan, along with optional performance metrics, funding specifics, mistakes to avoid , and free templates.

• Key components of a financial plan

A sound financial plan is made up of six key components that help you easily track and forecast your business financials. They include your:

Sales forecast

What do you expect to sell in a given period? Segment and organize your sales projections with a personalized sales forecast based on your business type.

Subscription sales forecast

While not too different from traditional sales forecasts—there are a few specific terms and calculations you’ll need to know when forecasting sales for a subscription-based business.

Expense budget

Create, review, and revise your expense budget to keep your business on track and more easily predict future expenses.

How to forecast personnel costs

How much do your current, and future, employees’ pay, taxes, and benefits cost your business? Find out by forecasting your personnel costs.

Profit and loss forecast

Track how you make money and how much you spend by listing all of your revenue streams and expenses in your profit and loss statement.

Cash flow forecast

Manage and create projections for the inflow and outflow of cash by building a cash flow statement and forecast.

Balance sheet

Need a snapshot of your business’s financial position? Keep an eye on your assets, liabilities, and equity within the balance sheet.

What to include if you plan to pursue funding

Do you plan to pursue any form of funding or financing? If the answer is yes, then there are a few additional pieces of information that you’ll need to include as part of your financial plan.

Highlight any risks and assumptions

Every entrepreneur takes risks with the biggest being assumptions and guesses about the future. Just be sure to track and address these unknowns in your plan early on.

Plan your exit strategy

Investors will want to know your long-term plans as a business owner. While you don’t need to have all the details, it’s worth taking the time to think through how you eventually plan to leave your business.

• Financial ratios and metrics

With your financial statements and forecasts in place, you have all the numbers needed to calculate insightful financial ratios.

While including these metrics in your plan is entirely optional, having them easily accessible can be valuable for tracking your performance and overall financial situation.

Key financial terms you should know

It’s not hard. Anybody who can run a business can understand these key financial terms. And every business owner and entrepreneur should know them.

Common business ratios

Unsure of which business ratios you should be using? Check out this list of key financial ratios that bankers, financial analysts, and investors will want to see.

Break-even analysis

Do you want to know when you’ll become profitable? Find out how much you need to sell to offset your production costs by conducting a break-even analysis.

How to calculate ROI

How much could a business decision be worth? Evaluate the efficiency or profitability by calculating the potential return on investment (ROI).

• How to improve your financial plan

Your financial statements are the core part of your business plan that you’ll revisit most often. Instead of worrying about getting it perfect the first time, check out the following resources to learn how to improve your projections over time.

Common mistakes with business forecasts

I was glad to be asked about common mistakes with startup financial projections. I read about 100 business plans per year, and I have this list of mistakes.

How to improve your financial projections

Learn how to improve your business financial projections by following these five basic guidelines.

Brought to you by

Create a professional business plan

Using ai and step-by-step instructions.

Secure funding

Validate ideas

Build a strategy

• Financial plan templates and tools

Download and use these free financial templates and calculators to easily create your own financial plan.

Sales forecast template

Download a free detailed sales forecast spreadsheet, with built-in formulas, to easily estimate your first full year of monthly sales.

Download Template

Accurate and easy financial forecasting

Get a full financial picture of your business with LivePlan's simple financial management tools.

Get Started

Noah is the COO at Palo Alto Software, makers of the online business plan app LivePlan. He started his career at Yahoo! and then helped start the user review site Epinions.com. From there he started a software distribution business in the UK before coming to Palo Alto Software to run the marketing and product teams.

Table of Contents

• What to include for funding

Related Articles

6 Min. Read

How to Write Your Business Plan Cover Page + Template

3 Min. Read

What to Include in Your Business Plan Appendix

10 Min. Read

How to Write a Competitive Analysis for Your Business Plan

24 Min. Read

The 10 AI Prompts You Need to Write a Business Plan

The Bplans Newsletter

The Bplans Weekly

Subscribe now for weekly advice and free downloadable resources to help start and grow your business.

We care about your privacy. See our privacy policy .

The quickest way to turn a business idea into a business plan

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

No thanks, I prefer writing 40-page documents.

Discover the world’s #1 plan building software

• Recently Active
• Top Discussions
• Best Content

By Industry

• Investment Banking
• Private Equity
• Hedge Funds
• Real Estate
• Venture Capital
• Asset Management
• Equity Research
• Investing, Markets Forum
• Business School
• Fashion Advice

Excel Financial Modeling Templates

Download our free Excel and financial modeling templates to take your finance career to the next level.

Income Statement Template

Download WSO's free Income (P&L) Statement Excel template. Practice by entering your own numbers in the actual and expected columns.

3 Statement Financial Model

Download WSO's free 3 statement financial model to understand how the income statement, balance sheet, and cash flow are linked.

Debt Schedule Template

Download WSO's free debt schedule template to model for debt obligations and understand the affect of debt on valuations.

Free Cash Flow to Equity (FCFE)

Get the free Excel Free Cash Flow to Equity Template to learn more about how the final piece of the valuation model works.

DCF Model Template

Download WSO's free DCF model template to calculate the net present value (NPV) using a discount rate and free cash flow.

Sensitivity Analysis Table

Download the free sensitivity analysis table template to analyze the effects of various inputs on your valuation.

List of Free Excel Financial Model Templates

Explore and download our free Excel Financial Modeling templates  below, designed to be flexible and help you perform various kinds of financial analysis and build financial models. Use these to expand your knowledge and develop your Excel financial modeling skills.

We have divided them based on industry (investment banking, private equity, hedge fund ).

Investment Banking Model Templates

All financial modeling templates - download free excel templates resources:, private equity model templates.

• Leveraged Buyout (LBO) Model Template
• Private Equity (PE) Returns Model Template
• Private Equity (PE) Distribution Waterfall Template

Hedge Fund Model Templates

• Pharma Healthcare Stock Pitch
• Real Estate Private Equity (REPE)
• Public To Private  LBO
• Accretion Calculation
• Dilution Calculation
• Unlevering Betas

The Only Program You Need to Land in High Finance Careers

The most comprehensive curriculum and support network to break into high finance.

Additional Free WSO Resources

To continue learning and advancing your career in finance, check out these additional free WSO templates:

• Word Resume Templates
• Presentation Templates
• Excel Shortcuts for Windows and Mac
• Free Career Guides

Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.

or Want to Sign up with your social account?

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.

FinModelsLab

Industry-Specific Financial Model Templates in Excel

Food & Beverage Financial Models

Healthcare Financial Models

Agriculture Financial Models

Marketplace Financial Models

Hospitality Financial Models

E-Commerce Financial Models

Beauty & Sport Financial Models

Subscription Box Financial Models

Real Estate Financial Models

Services Financial Models

Retail Financial Models

Software as a Service Financial Models

• Financial Models
• Business Plans

Restaurant Financial Model

Boutique hotel financial model, clinic financial model, saas financial model, grocery marketplace financial model, medical practice financial model, hotel financial model, dropshipping financial model, massage therapy financial model, solar panel financial model, clothing manufacturing financial model, brewery financial model, medical equipment manufacturing financial model, fintech financial model, frozen food financial model, e-commerce financial model, cannabis financial model, juice production financial model, mobile application financial model, daycare financial model, meat processing plant financial model, coffee roasting financial model, consulting agency financial model, digital marketing agency financial model, financial model for 3 statements, 3 statement projection tool, three-way financial analysis model, three statement financial plan, vegetables farming financial model, our happy customers.

I have been doing capital raising in a wide variety of industries and have been involved on 4 Private Equity Funds. Financial models tend to be either too simplistic or too complicated and useless. But this model is the perfect mix of simplistic and intuitive with enough detail for large project funding analysis. It could even be used as a budgeting tool for smaller mining companies. Well Done! And Thank You very much!

Great financial model template with the most complete set of charts that will ever need! Monthly breakdowns for all the financial statements and a cash valuation. Summary tabs with all the main information you need for a business plan! Could be improved with the addition of financial ratios.

What an incredible find in FinModelsLab! The ASC model is perfect for modeling our healthcare practice… enthusiastically recommend!!!

The spear sheet is just what I needed. I am able to plug in my numbers and the video shows you where to place all information. I can now send the pro-forma to investors. Love it thank you

Henry was a life-saver. If you have a very difficult financial modeling project that you need delivered fast, go with Henry. He will get it done.

Henry is very good at forecasting and business modelling. His communication and responsiveness are excellent.

Henry was the best financial expert for us when it came to financial analysis and building financial complex models for our start-up.

Excellent CFO I have ever come across. He has an eye to detail and is an expert when to comes to financial modeling & planning.

A complete and easy to use Restaurant financial model that gives you clear view and guide when preparing business plan numbers

I really feel there is no finance challenge Henry can't overcome, and I look forward to working with him on many more projects and entrepreneurial initiatives.

Henry is incredibly talented and hard working. He is one of the top-notch players in his niche, He pushed out a rock solid deliverable.

Industry-specific Financial Model Templates in Excel, Business Plan Templates, Excel Dashboards and Pitch Decks

FinModelsLab provides a wide range of industry-specific financial model templates in Excel as well as Excel dashboards, Business Plan Templates, and Pitch Deck Templates. Creating a business plan with detailed financial projections and pitch deck presentation or Excel dashboard is time-consuming. That is why we created a web repository with 1500+ business templates for a wide range of usage cases. We spent 10 000+ hours creating industry-specific financial forecasting model templates in Excel which offers a well-structured as well as best practice financial modeling know-how to users such as c-level executives, entrepreneurs, investors, startup founders, and many more, who are looking for assistance in creating financial projections template.

In today's fast-paced business landscape, effective financial modeling and planning are crucial for the success and growth of any organization. With accurate financial projections, businesses can make informed decisions, secure funding, and navigate potential challenges with confidence. At FinModelsLab, we understand the significance of financial modeling, which is why we offer a comprehensive collection of industry-specific financial model templates in Excel.

The Importance of Financial Modeling

Financial modeling serves as the foundation for strategic decision-making, providing insights into the financial health and performance of a business. It allows organizations to forecast revenue, project expenses, assess profitability, and evaluate potential risks and opportunities. By modeling different scenarios, businesses can optimize their resources, identify growth strategies, and plan for the future.

Addressing the Need for Industry-Specific Templates

Generic financial templates may not capture the unique requirements and dynamics of specific industries. That's where industry-specific financial model templates become invaluable. At FinModelsLab, we recognize the importance of tailoring financial models to the nuances of different sectors. Our extensive collection includes a wide range of industry-specific templates, ensuring that businesses have the tools they need to accurately project revenues, analyze costs, and plan for success in their respective sectors.

• Comprehensive financial model templates designed for specific industries.
• Templates catering to diverse sectors such as manufacturing, e-commerce, healthcare, and more.
• Industry-specific financial model templates for startups, small businesses, and established enterprises.

By providing industry-specific financial model templates, we empower businesses to make informed decisions based on reliable and relevant data, ultimately increasing their chances of success in the marketplace.

About FinModelsLab

At FinModelsLab, we pride ourselves on being a trusted and reliable source for financial model templates. With our commitment to excellence and a comprehensive collection of over 3500+ business templates, we empower entrepreneurs, startups, investors, and professionals to create accurate and detailed financial projections.

Reliable Financial Projections Templates

Our platform offers a vast selection of financial projections templates that cater to various industries and business models. Each template is designed by our team of financial experts, ensuring that they meet industry standards and best practices. Whether you are starting a new venture or seeking to optimize your existing business, our templates provide a solid foundation for projecting revenues, estimating costs, and analyzing profitability.

A Wide Range of Business Templates

With a collection of 3500+ business templates, we cover a diverse range of industries, including manufacturing, e-commerce, SaaS, healthcare, and more. Our templates address different aspects of financial modeling, such as cash flow analysis, income statements, balance sheets, and valuation models. This comprehensive assortment enables users to find the templates that best align with their specific business needs.

• 3500+ business templates available for different industries and usage cases.
• Templates for startups, small businesses, investors, and c-level executives.
• Templates covering various financial aspects, including cash flow, income statements, and valuation models.

With FinModelsLab, you can access a wide range of financial projections templates and find the resources necessary to make informed financial decisions for your business.

Expertise and Dedication

At FinModelsLab, we have invested over 10,000 hours of meticulous effort and dedication into creating our financial model templates. This extensive investment of time and expertise reflects our commitment to providing high-quality resources for financial modeling and planning.

Well-Structured Financial Model Templates

Our financial model templates are designed with a well-structured framework that follows industry best practices. Each template encompasses a comprehensive set of financial projections, ensuring that businesses can accurately forecast revenues, expenses, and cash flows. By leveraging our well-structured templates, users can save time and effort, focusing on analyzing the data rather than building models from scratch.

Best Practice Financial Modeling Knowledge

Our team of financial experts brings in-depth knowledge and expertise in financial modeling. We follow best practices and incorporate industry standards into our templates, ensuring that users have access to reliable and accurate financial projections. Whether you are a c-level executive, entrepreneur, investor, or professional seeking robust financial models, our templates provide the necessary guidance and insights to support your decision-making process.

Serving a Diverse Audience

Our financial model templates cater to a diverse audience, including c-level executives, entrepreneurs, investors, and professionals from various industries. We understand the unique needs and challenges faced by different stakeholders, and our templates are tailored to address those requirements. By serving a wide range of users, we aim to empower businesses of all types and sizes to make informed financial decisions and achieve their goals.

• Financial model templates for c-level executives, entrepreneurs, and investors.
• Templates designed to meet the diverse needs of different industries and usage cases.
• Best practice financial modeling knowledge incorporated into every template.

With our expertise and dedication, FinModelsLab strives to provide users with the necessary tools and knowledge to excel in financial modeling and planning.

Benefits of Using Financial Model Templates

Utilizing financial model templates offers significant advantages when it comes to creating accurate financial projections for your business. At FinModelsLab, we understand the importance of these benefits and strive to provide users with the resources they need to succeed.

Accurate Financial Projections Made Easy

Our financial model templates are specifically designed to assist users in creating accurate financial projections. By leveraging these templates, businesses can input their data and variables, which are then automatically calculated to generate comprehensive projections. This process reduces the risk of errors and ensures that the resulting financial projections are reliable and precise.

Time-Saving Pre-Built Templates

Time is a valuable resource for any business, and our pre-built financial model templates help save significant time and effort. Instead of starting from scratch, users can access ready-to-use templates that already include the necessary formulas, calculations, and structure. This allows users to focus on analyzing the projections and making informed decisions, rather than spending excessive time building complex financial models.

Convenience and Ease of Excel for Financial Modeling

Excel has long been recognized as a powerful tool for financial modeling, and our templates capitalize on this convenience. With Excel as the foundation, users can benefit from a familiar and user-friendly interface, making it easier to work with the templates and customize them according to their specific needs. Excel also provides flexibility for users to adapt the templates as their business evolves, ensuring the models remain relevant over time.

• Templates designed to assist in creating accurate financial projections.
• Pre-built templates save time and effort by eliminating the need to start from scratch.
• Excel-based templates provide a convenient and user-friendly platform for financial modeling.

By utilizing our financial model templates, businesses can leverage the benefits of accuracy, time-saving efficiency, and the convenience of working with Excel, ultimately aiding in their financial planning and decision-making processes.

Wide Range of Templates

At FinModelsLab, we offer a diverse selection of financial model templates to cater to various industries and specific business needs. Our extensive range ensures that businesses can find templates tailored to their industry, whether they are a startup, small business, or established enterprise.

Diverse Selection of Industry-Specific Templates

We understand that different industries have unique financial considerations. That's why we provide a wide range of industry-specific financial model templates. From manufacturing to e-commerce, healthcare to SaaS, our templates cover various sectors, ensuring that businesses can create accurate financial projections that align with the dynamics of their industry. These industry-specific templates include revenue forecasts, expense breakdowns, and other relevant financial data, allowing businesses to gain valuable insights and make informed decisions.

Relevance for Startups and Financial Planning

Startups face unique challenges and financial planning is crucial for their success. Our templates include startup-specific financial model templates designed to assist entrepreneurs in their financial planning journey. These templates consider the specific needs of startups, including revenue drivers, cost structures, and funding requirements. By utilizing our startup financial model templates, entrepreneurs can create comprehensive financial projections, pitch to investors, and develop a solid financial strategy for their business.

• A wide range of industry-specific financial model templates.
• Templates catering to startups with startup-specific financial projections.
• Templates covering various industries, including manufacturing, e-commerce, healthcare, SaaS, and more.

Whether you are starting a new venture or operating an established business, our diverse selection of financial model templates ensures that you have the resources needed to create accurate financial projections and drive your business forward.

Importance of Financial Statements

Financial statements play a vital role in business plans, providing a comprehensive view of a company's financial health and performance. At FinModelsLab, we understand the significance of financial statements and offer templates that facilitate the creation of robust and accurate financial statements for your business plan.

Significance of Financial Statements in Business Plans

Financial statements are essential components of any business plan as they present a clear picture of a company's financial position. These statements, including the income statement, balance sheet, and cash flow statement, allow stakeholders to assess the company's profitability, liquidity, and overall financial stability. Financial statements provide crucial information for investors, lenders, and potential partners, aiding in informed decision-making and demonstrating the viability and potential of the business.

Creating Comprehensive Financial Statements with Templates

Our templates are specifically designed to assist users in creating comprehensive financial statements for their business plans. These templates offer a structured framework and predefined formulas that simplify the process of compiling financial data and generating accurate statements. By utilizing our templates, users can input their financial information, and the templates automatically calculate key metrics and generate professional-looking financial statements. This ensures that your business plan is well-supported with accurate and visually appealing financial information.

• The significance of financial statements in business plans for assessing financial health and performance.
• Templates designed to aid in the creation of comprehensive financial statements.
• Financial statements as crucial components for investors, lenders, and potential partners.

With our financial statement templates, you can confidently present a clear and compelling financial snapshot of your business, showcasing its potential and strengthening your business plan.

Excel-Based Financial Templates

At FinModelsLab, we provide a wide range of financial templates that are specifically designed in Excel format, offering users easy customization and flexibility. Our Excel-based templates empower businesses to create accurate and tailored financial models, enabling effective financial planning and decision-making.

Easy Customization and Flexibility

All our financial templates are available in Excel format, which provides users with the ability to easily customize and adapt the templates to suit their specific needs. Excel's intuitive interface allows users to input their own data, adjust formulas, and make modifications as required. Whether it's adding new variables, changing assumptions, or incorporating specific industry metrics, Excel enables users to tailor the templates to their unique requirements, ensuring that the resulting financial models are precise and relevant to their business.

Advantages of Using Excel for Financial Modeling

Excel has long been recognized as a powerful tool for financial modeling, and there are several advantages to utilizing it for your financial planning needs. Excel offers a wide range of built-in functions and formulas, making complex calculations and projections more accessible. Its spreadsheet format provides a structured and organized way to present and analyze financial data, allowing for easy data entry, manipulation, and visualization. Excel's widespread familiarity among professionals also ensures that users can collaborate, share, and present their financial models seamlessly.

• Templates provided in Excel format for easy customization and adaptability.
• Excel's flexibility allows users to tailor templates to their specific needs.
• Advantages of using Excel include built-in functions, structured presentation, and widespread familiarity.

By leveraging our Excel-based financial templates, businesses can benefit from the ease of customization, flexibility, and the robust capabilities of Excel, ultimately enabling them to create accurate and dynamic financial models that drive better financial planning and decision-making.

Financial Forecasting and Planning

Financial forecasting plays a crucial role in effective business planning and decision-making. At FinModelsLab, we recognize the significance of financial forecasting, and we offer a wide range of forecast templates in Excel format to assist businesses in their financial planning endeavors.

The Role of Financial Forecasting in Business Planning

Financial forecasting is a vital component of business planning as it allows organizations to anticipate future financial outcomes based on historical data, market trends, and key assumptions. By creating comprehensive financial forecasts, businesses can gain valuable insights into revenue projections, expense management, and cash flow dynamics. These forecasts help in identifying potential risks, setting realistic targets, and making informed strategic decisions to drive business growth.

Availability of Forecast Templates in Excel

Our forecast templates, available in Excel format, provide businesses with a convenient and efficient way to create accurate financial forecasts. These templates are designed to simplify the forecasting process by incorporating pre-built formulas and intuitive interfaces. Users can input their data, adjust variables, and instantly generate forecasts based on different scenarios. The flexibility of Excel allows for easy customization of the templates to align with specific business needs, ensuring that the resulting forecasts are tailored and reliable.

• The importance of financial forecasting in business planning and decision-making.
• Forecast templates available in Excel format for convenient and accurate financial forecasting.
• Financial forecasts as valuable tools for identifying risks, setting targets, and making strategic decisions.

By utilizing our forecast templates in Excel, businesses can streamline their financial forecasting processes, gain valuable insights, and enhance their overall planning capabilities.

Tailored for Startups

At FinModelsLab, we understand the unique financial planning needs of startups, and we offer a range of templates specifically tailored to meet those needs. Our startup-specific financial projections templates provide startups with a solid foundation for their financial planning and enable them to make informed decisions to drive growth and success.

Relevance of the Templates for Startups' Financial Planning

Startups face distinctive challenges and requirements when it comes to financial planning. Our templates address these specific needs by providing startup founders and entrepreneurs with a comprehensive framework to forecast revenue, estimate expenses, and project cash flow. These templates incorporate startup-specific assumptions and variables, allowing startups to create accurate financial projections that align with their business models, growth strategies, and funding requirements.

Startup-Specific Financial Projections Template

Our startup-specific financial projections template is a valuable resource for startups seeking to create robust financial forecasts. This template encompasses key startup metrics, such as customer acquisition costs, customer lifetime value, and funding rounds, to accurately project revenue, expenses, and funding needs over a defined period. By leveraging this template, startups can effectively communicate their financial projections to potential investors, demonstrate their growth potential, and secure the funding necessary to fuel their development.

• Templates specifically tailored to meet the unique financial planning needs of startups.
• Importance of accurate financial projections for startups to make informed decisions.
• Startup-specific financial projections template incorporating key startup metrics.

Our startup-focused templates empower entrepreneurs and startup founders to navigate the financial landscape with confidence, ensuring that their financial planning aligns with their business goals and positions them for long-term success.

Excel-Based Financial Modeling

Excel is a powerful tool for financial modeling, and at FinModelsLab, we leverage the capabilities of Excel to provide comprehensive and effective financial model templates. Our Excel-based financial models offer numerous benefits for businesses, empowering them to make informed financial decisions and drive success.

Benefits of Using Excel for Financial Modeling

Excel provides a range of benefits that make it an ideal platform for financial modeling. Its built-in functions and formulas allow for complex calculations, enabling accurate financial projections and analysis. The spreadsheet format of Excel provides a structured and organized way to present and manipulate financial data, making it easier to input and track variables, assumptions, and key metrics. Excel's flexibility also allows for scenario analysis, sensitivity testing, and the creation of dynamic charts and graphs, enhancing the visibility and understanding of financial models.

Availability of Excel Financial Model Templates

Our Excel financial model templates provide businesses with ready-to-use frameworks for various financial modeling purposes. These templates are designed to streamline the financial modeling process, incorporating best practices and industry-specific assumptions. By leveraging our Excel financial model templates, businesses can save valuable time and effort in building their own models from scratch, while still having the flexibility to customize and adapt the templates to their specific needs.

• Excel's capabilities for complex calculations, accurate projections, and analysis.
• The structured format of Excel for organized financial data management.
• Excel's flexibility for scenario analysis, sensitivity testing, and visual representation.
• Availability of ready-to-use Excel financial model templates for streamlined financial modeling.

By utilizing our Excel-based financial model templates, businesses can harness the power of Excel and benefit from its robust features to create accurate, dynamic, and customizable financial models that drive better financial decision-making and planning.

In today's competitive business landscape, financial modeling is essential for informed decision-making and successful planning. At FinModelsLab, our industry-specific financial model templates in Excel offer a range of benefits to empower businesses and individuals in their financial projections and planning endeavors.

Reaping the Benefits of Industry-Specific Financial Model Templates

Our industry-specific financial model templates provide users with a host of advantages. By utilizing these templates, businesses can save valuable time and effort, as our templates are pre-built with best practices and industry-specific assumptions. This enables users to create accurate and reliable financial projections that align with their unique needs and goals. Whether you are a c-level executive, entrepreneur, investor, or startup founder, our templates offer a well-structured and comprehensive financial modeling know-how, supporting your financial planning and decision-making processes.

Explore Our Wide Range of Templates

We invite you to explore our extensive collection of 3500+ business templates, including financial modeling Excel templates and financial projections template Excel. Our diverse selection ensures that you will find the right template for your industry and specific use case. Whether you are starting a new venture, seeking funding, or managing an existing business, our templates provide the foundation you need for accurate financial projections and comprehensive planning.

• The benefits of using industry-specific financial model templates for informed decision-making and successful planning.
• Time-saving advantages through pre-built templates with best practices and industry-specific assumptions.
• Wide range of 3500+ business templates, including financial modeling Excel templates and financial projections template Excel.

Begin your journey towards effective financial modeling and planning by exploring our wide range of templates. Empower your business with accurate financial projections and make confident decisions to drive growth and success.

Why is a Financial Plan Important to Your Small Business?

A well-put-together financial plan can help you achieve greater confidence in your business while generating a better understanding of how to allocate resources. It shows your business is committed to spending wisely and its ability to meet financial obligations. A financial forecasting model helps you determine if choices will impact revenue and which occasions call for dipping into reserve funds.

It’s also an important tool when asking investors to consider your business. Your startup financial plan shows how your organization manages expenses and generates revenue. It shows where your business stands and how much it needs from sales and investors to meet important financial benchmarks.

Used by Professionals from 300+ Companies Including

Frequently Asked Questions

Of course! Yes. All our templates are fully editable . All formulas, cells and sheets are completely unlocked, so you can edit anything to your liking. Each row on every sheet has a note about what that row’s calculations are trying to do, and many of the components are explained in the help files, so that you can see how I did it - and help you figure out how to change it to your liking.

This financial model is perfect for entrepreneurs to quickly build financial projections for fundraising decks or business modeling.

With this all-in-1 model, you’ll be able to forecast your sales, profits, and cash flow in seconds. Plus, you’ll have all the data, metrics and reports you’ll need to effectively present your business plan to investors & prospects. This financial model was crafted in Excel by expert analysts with 15-years consulting background to assist entrepreneurs with forecasting efforts.

Take advantage of this Excel model to effortlessly forecast your financials, create investor-friendly reports, and build a better business!

You don’t have to be an expert to model your Profit and Loss Statement (P&L) with this straightforward financial model excel template. Our financial projection makes that easy for even the most novice finance background. Just enter your financials and our sophisticated financial model will do all the work, giving you a clear view of your company’s current state, predictions for future performance, and an action plan for scaling revenue. With financial projections that can be easily updated as assumptions change, you’ll have all the information you need to project your company’s future & pitch investors!

Yes. Our financial model excel templates are fully editable, you can change many assumptions including the currency of your business.

You may change currency inputs and currency outputs by applying the exchange rate.

All our financial model templates are Microsoft Excel™ files, and they are available for download immediately after purchase. Can be imported into the Google Sheets™ for editing and customizations. I recommend using Excel or Google Sheets™ for financial modeling, both in general and for our templates specifically. In practice, I use Excel to build and edit models, and Google Sheets to share or collaborate with users. Excel is usually a faster platform for building models, but Google Sheets can be easier for sharing models with people. My models can be used in both Excel and Google Sheets interchangeably; simply upload the Microsoft Excel model template from FinancialModelExcel.com into Google Sheets, and everything will work fine.

Unfortunately no. Unlike a physical product where you can send it back to the seller, because it is a digital product you can still use it after refund. This makes it quite difficult for us to manage honest refund requests. If you have any questions about the financial model excel templates, please contact us so we can guide you and answer any questions you have.

Yes. We accept all major credit cards, debit cards and PayPal. Payments are powered by Stripe and PayPal via our payment processing provider. All transactions are secured and your card payment information encrypted and sent directly to Stripe and PayPal, no payment details are stored on our website.

Yes. Of course! Every financial model excel template has a button to download immediately a DEMO version of the particular template. With the Demo version you will get the read-only financial model template.

By purchasing the template on our website, you will receive an email from us including the link to download your template. Additionally, you should see the download links right after the payment at the checkout page.

Yes, we provide free email support via email at [email protected] . We are in the Europe time zone hence please bear with us and we will catch up as soon as we are back online!

Financial Model Template - Google Sheets

Project your business's financial performance, monitor your revenue, expenses, profit, and resources, and present your business plan to stakeholders and investors through a detailed yet simple document that showcases your plan, how it will benefit the business, and whether it's possible or not.

• Four input sheets in total to keep track of your Assumptions, HR, Software & licenses, and Actuals.
• Summary, Cash and P&L are output sheets - they visualize, show or calculate data based on input entered in the remaining tabs.

What is a Financial Model?

A financial model is a tool that can be used to predict the future financial performance of a company. Financial models are often used by businesses to make decisions about investment, financing, and other strategic decisions. Financial models can be created for a variety of purposes, such as predicting the future sales of a product, forecasting the future financial performance of a company, or valuing a business.

Financial models are typically created using spreadsheet software, such as Microsoft Excel. Spreadsheet models can be relatively simple, containing only a few basic formulas, or they can be highly complex, incorporating hundreds of different variables. The level of complexity of a financial model will depend on its purpose; for example, a model used to predict the sales of a new product will be more complex than a model used to value a business.

Creating a financial model can be a time-consuming process, and it is often necessary to have some expertise in accounting and finance to create an accurate and reliable model. However, there are many resources available online that can help people create financial models, even if they have no prior experience.

Once a financial model has been created, it is important to test it against historical data to ensure that it is accurate. Testing against historical data can also help to identify any potential problems with the model so that they can be fixed before the model is used for decision-making purposes.

How to Build a Financial Model?

There is no one-size-fits-all answer to this question, as the process of building a financial model will vary depending on its purpose. However, there are some tips that can be followed to build a robust and reliable financial model:

• 1. Keep it simple: When creating a financial model, it is essential to keep the model as simple as possible. This will make the model easier to understand and use and reduce the risk of errors.
• 2. Use historical data: Historical data can be used to test and validate a financial model. This data can help identify any potential problems with the model so that they can be fixed before the model is used for decision-making purposes.
• 3. Consider all inputs: All of the inputs into a financial model should be carefully considered before the model is used. This includes both the assumptions that the model is based on and the data that is used to populate the model.
• 4. Test the model: Once a financial model has been created, it is important to test it against historical data to ensure that it is accurate. Testing against historical data can also help to identify any potential problems with the model so that they can be fixed before the model is used for decision-making purposes.
• 5. Use caution when making decisions: Financial models are powerful tools that can be used to make sound business decisions. However, it is essential to remember that models are only as good as the assumptions that they are based on. Therefore, it is crucial to carefully consider all of the inputs into a model before using it to make any decisions.

What Are the Benefits of Using a Financial Model?

Financial models are powerful tools that can be used to make sound business decisions. Some of the benefits of using a financial model include:

• 1. Helping to assess risk: Financial models can be used to evaluate the risks associated with a particular decision. This information can help businesses make informed investments, financing, and other strategic decisions.
• 2. Facilitating decision-making: Financial models can be used to compare different scenarios and choose the option that is most likely to lead to success. This information can help businesses make better decisions about allocating resources.
• 3. Supporting negotiations: Financial models can be used to support negotiations by providing a clear understanding of the financial consequences of different decisions. This information can help businesses to get the best possible terms when negotiating contracts or agreements.
• 4. Improving communication: Financial models can be used to improve communication between different stakeholders. This information can help businesses present their options clearly and concisely, making it easier to reach a decision.
• 5. Identifying trends: Financial models can be used to identify trends and patterns in data. This information can help businesses to make better decisions about where to invest, what products to develop, and how to price their products or services.
• 6. Increasing clarity: Financial models can help to increase clarity by organizing data in a way that is easy to understand. This can be helpful for both businesses and individuals who are trying to make sense of complex data sets.
• 7. Increased transparency: Financial models can help to increase transparency by providing a clear and concise view of a business’s financial situation. This information can be helpful for both businesses and investors.
• 8. Improved accountability: Financial models can help improve accountability by providing a clear paper trail that can track progress over time. This information can be helpful for both businesses and investors.

What Are the Limitations of Using a Financial Model?

Financial models are powerful tools that can be used to make sound business decisions. However, it is important to remember that models are only as good as the assumptions that they are based on. Therefore, there are some limitations to using a financial model, which include:

• 1. Models are only as good as the assumptions they are based on: All models are based on a set of assumptions. These assumptions may or may not be accurate, which means that the model may not produce accurate results.
• 2. Models can be complex: Financial models can be very complex, making them difficult to understand and use. This complexity can also increase the risk of errors being made when using the model.
• 3. Models require data: In order to produce accurate results, financial models require access to reliable data. This data may not always be available, which can limit the usefulness of the model.
• 4. Models can be time-consuming: Creating a financial model can be a time-consuming process. This is especially true if the model is complex or if there is a need to gather large amounts of data.
• 5. Results can be sensitive to changes in assumptions: The results produced by a financial model can be susceptible to changes in the assumptions that the model is based on. Therefore, it is important to carefully consider all of the inputs into a model before using it to make any decisions.

What Is a Financial Model Template?

A financial model template is a pre-built spreadsheet that can be used to create a financial model. Financial model templates typically include a wide range of features, such as pre-built formulas, charts, and graphs.

Why Use a Financial Model Template?

There are several reasons why you might choose to use a financial model template:

• 1. Save time: Creating a financial model from scratch can be time-consuming. Using a financial model template can help you save time by providing a starting point for your own model.
• 2. Avoid mistakes: When creating a financial model from scratch, it is easy to make mistakes. Using a financial model template can help you avoid common mistakes, such as forgetting to include critical formulas or using incorrect data.
• 3. Get started quickly: If you are new to financial modeling, using a template can help you to get started quickly. This is because you will not have to spend time learning how to create a model from scratch.
• 4. Try different approaches: Financial model templates can be used to try out different approaches to financial modeling. This can be helpful if you are trying to decide which method is best for your particular situation.
• 5. Save money: Creating a financial model from scratch can be expensive, especially if you need to purchase software or hire someone to help you. Using a financial model template can help you save money by avoiding these costs.

Yes! This is absolutely free for you to download and use.

We will always keep your personal information safe.

We will not, in any circumstances, share your personal information with other individuals or organizations. We ask for your information in exchange for valuable resources in order to improve your browsing experience and send you communications that we think would be valuable to you. You can read more about our privacy policy .

Financial Model Templates

Best Selling

Restaurant business plan | restaurant business proposal | pro forma restaurant | financial plan for a restaurant, boutique hotel business plan | boutique hotel budget template | boutique hotel financial model | boutique hotel business model, medical clinic business plan, medical clinic budget template, business plan for medical clinic, clinic financial model, grocery store business plan | small grocery store business plan | mini grocery store business plan | grocery store financial plan, medical practice business plan | financial model | pro forma | startup budget, hotel business plan | hotel financial model | hotel valuation model | hotel startup business plan, resort business plan | resort feasibility study | hotel resort business plan | business plan resort, coffee shop business plan | coffee shop business plan template | successful coffee shop business plan | coffee shop financial plan, dentist business plan, dental business plan, dental practice business plan, dentist financial planning, cannabis business plan, financial model, pro forma, startup budget, saas startup business plan | financial model | pro forma | startup budget, e-commerce business plan | business plan e-commerce | business plan for e-commerce startup | e-commerce business plan template, daycare business plan, budget for daycare business plan, financial plan for daycare, daycare income and expense worksheet, bakery business plan | bakery financial plan | home bakery business plan | bakery shop business plan, outpatient clinic business plan | outpatient clinic budget template | outpatient clinic pro forma | outpatient clinic financial model, saas actuals opt-in business plan | financial model | pro forma | startup budget, online clothing store business plan | online clothing store financial plan | online clothing store pro forma | business plan templete for online clothing store, bar business plan | bar business plan template | business plan bar | bar budget template, insurance agency business plan | insurance agency business plan template | 5 year business plan insurance agency | insurance agency model in business plan, saas application free trial business plan | financial model | pro forma | startup budget, gas station business plan | gas station cash flow | gas station financial model excel | business plan gas station, dropshipping business plan, dropshipping budget, dropshipping financial model, salon business plan | beauty salon business plan | business plan template salon | beauty salon business plan template, cafe business plan | small cafe business plan | cafe business plan template | business plan for cafe, special offer, consulting agency business plan | consulting business plan template | consulting agency pro forma | financial model for consulting firm, email marketing agency business plan | email marketing agency budget template | email marketing agency pro forma | email marketing agency financial model, spa business plan | medical spa business plan | day spa business plan | med spa business plan, antique store business plan | antique store budget template | antique store pro forma | antique store financial model, butcher shop business plan template | butchery business plan | butcher shop business plan | butcher shop valuation, tire shop business plan | tire shop budget template | tire shop pro forma | tire shop financial model, fitness center business plan | fitness center financial model | fitness center pro forma | fitness center budget template, food truck business plan | food truck business plan template | food truck financial model | food truck pro forma, food delivery business plan | food delivery business plan template | food delivery financial model | food delivery service business plan, house cleaning subscription business plan | house cleaning subscription budget template | house cleaning subscription pro forma | house cleaning subscription financial model, solar panel manufacturing business plan | financial model | pro forma | startup budget, multi-family development real estate model | refm | real estate financial | financial model for real estate, saas freemium business plan | financial model | pro forma | startup budget, hotel development excel model | hotel investment analysis excel | hotel development underwriting model | hotel development proforma, online bank business plan | financial model | pro forma | startup budget, general marketplace business plan | general marketplace budget template | general marketplace pro forma | general marketplace financial model, car wash business plan | car wash budget template | car wash pro forma | car wash financial model, condo development pro forma template | model condo | condominium development | mixed use condo, brewery business plan | brewery budget template | brewery pro forma | brewery financial model, forestry & timber harvesting budget financial model | forestry & timber harvesting budget template | forestry & timber harvesting business plan | forestry & timber harvesting cash flow, equipment rental business plan | equipment rental business plan | equipment rental business plan template | equipment rental financial model, grocery marketplace business plan | grocery marketplace budget template | grocery marketplace pro forma | grocery marketplace financial model, dairy farming business plan | dairy farming financial model | dairy farm business plan | starting a dairy farm, indoor shrimp farm business plan | shrimp farm business plan | indoor shrimp farming business plan | how to start a shrimp farming business, golf club business plan | golf club budget template | golf club pro forma | golf club financial model, poultry farm business plan | poultry farm cash flow | poultry farm cashflow projection | poultry farm feasibility study, recently added, t-shirt printing business plan | t-shirt printing budget template | t-shirt printing pro forma | t-shirt printing financial model, skateboard shop business plan | skateboard shop budget template | skateboard shop pro forma | skateboard shop financial model, lemonade stand business plan | lemonade stand budget template | lemonade stand pro forma | lemonade stand financial model, home inventory shop business plan | home inventory shop budget template | home inventory shop pro forma | home inventory shop financial model, greeting cards store business plan | greeting cards store budget template | greeting cards store pro forma | greeting cards store financial model, gourmet food store business plan | gourmet food store budget template | gourmet food store pro forma | gourmet food store financial model, drone retail store business plan | drone retail store budget template | drone retail store pro forma | drone retail store financial model, confectionery shop business plan | confectionery shop budget template | confectionery shop pro forma | confectionery shop financial model, cell phone store business plan | cell phone store budget template | cell phone store pro forma | cell phone store financial model, car accessories shop business plan | car accessories shop budget template | car accessories shop pro forma | car accessories shop financial model, bridal shop business plan | bridal shop budget template | bridal shop pro forma | bridal shop financial model, baby clothes store business plan | baby clothes store budget template | baby clothes store pro forma | baby clothes store financial model, online coaching marketplace business plan | online coaching marketplace budget template | online coaching marketplace pro forma | online coaching marketplace financial model, kickstarter marketplace business plan | kickstarter marketplace budget template | kickstarter marketplace pro forma | kickstarter marketplace financial model, etsy ebay store business plan | etsy ebay store budget template | etsy ebay store pro forma | etsy ebay store financial model, airbnb marketplace business plan | airbnb marketplace budget template | airbnb marketplace pro forma | airbnb marketplace financial model, woodworking business plan | woodworking budget template | woodworking pro forma | woodworking financial model, window tint production business plan | window tint production budget template | window tint production pro forma | window tint production financial model, shoe line business plan | shoe line budget template | shoe line pro forma | shoe line financial model, pottery manufacturing business plan | pottery manufacturing budget template | pottery manufacturing pro forma | pottery manufacturing financial model, organic fertilizer production business plan | organic fertilizer production budget template | organic fertilizer production pro forma | organic fertilizer production financial model, metal mining business plan | metal mining budget template | metal mining pro forma | metal mining financial model, gold mining business plan | gold mining budget template | gold mining pro forma | gold mining financial model, drone manufacturing business plan | drone manufacturing budget template | drone manufacturing pro forma | drone manufacturing financial model, industry-specific financial model business plan templates in excel.

Proper financial modeling relies on methods and tools that bring rigor to the forecasting process. Oversimplifying the forecasting process can create forecasts that ignore business cycles and lead to missed investor expectations, excess inventory buildup, and overstaffing. Financial analysts need processes and tools that help them provide management with forecasts in which management can have confidence. Financial analysts can create stronger forecasts by building thorough forecasts from the ground up. Analysts often face similar problems when developing forecasts. Learning to avoid these pitfalls can help you strengthen your forecasts. Forecasting can play a key role in the budgeting process. Companies can benefit by creating flexible budgets that they can adapt to changing business conditions.

Customer Reviews

Great model

Great model for people with some experience. Have a friend looking to open up restaurant. Helping him on the model. Will last for a few years until he out grows but great model to start with.

Simulation made easy

Well built spreadsheet that gives rapidly the connections between expected income, investing assets, source of funding and cash flow. Business area are separated so one has then a full overview of business margins summarized a in general IS BS CF

Clean and easy to follow

I have bought a lot of financial models as I focus on commercial real estate acquisitions, and this template is one of the clearest and easiest to use. It has tools for more advanced analysis, but also works well for getting a quick idea of how a deal looks. I highly recommend.

Financial Statements Projection

This template has proven flexible and robust by structure ,design and simplicity

Great Financial Model

Very thorough and well thought through financial model for Excel Users. Thanks!

Very useful

Contains key parameters for insight into the quality of the project and provides the possibility of creating a scenario in order to be able to test the project in certain situations. Useful.

Frequently Asked Questions

Of course! Yes. All our templates are fully editable . All formulas, cells and sheets are completely unlocked, so you can edit anything to your liking. Each row on every sheet has a note about what that row’s calculations are trying to do, and many of the components are explained in the help files, so that you can see how I did it - and help you figure out how to change it to your liking.

This financial model is perfect for entrepreneurs to quickly build financial projections for fundraising decks or business modeling.

With this all-in-1 model, you’ll be able to forecast your sales, profits, and cash flow in seconds. Plus, you’ll have all the data, metrics and reports you’ll need to effectively present your business plan to investors & prospects. This financial model was crafted in Excel by expert analysts with 15-years consulting background to assist entrepreneurs with forecasting efforts.

Take advantage of this Excel model to effortlessly forecast your financials, create investor-friendly reports, and build a better business!

You don’t have to be an expert to model your Profit and Loss Statement (P&L) with this straightforward financial model excel template. Our financial projection makes that easy for even the most novice finance background. Just enter your financials and our sophisticated financial model will do all the work, giving you a clear view of your company’s current state, predictions for future performance, and an action plan for scaling revenue. With financial projections that can be easily updated as assumptions change, you’ll have all the information you need to project your company’s future & pitch investors!

Yes. Our financial model excel templates are fully editable, you can change many assumptions including the currency of your business.

You may change currency inputs and currency outputs by applying the exchange rate.

All our financial model templates are Microsoft Excel™ files, and they are available for download immediately after purchase. Can be imported into the Google Sheets™ for editing and customizations. I recommend using Excel or Google Sheets™ for financial modeling, both in general and for our templates specifically. In practice, I use Excel to build and edit models, and Google Sheets to share or collaborate with users. Excel is usually a faster platform for building models, but Google Sheets can be easier for sharing models with people. My models can be used in both Excel and Google Sheets interchangeably; simply upload the Microsoft Excel model template from FinancialModelExcel.com into Google Sheets, and everything will work fine.

Unfortunately no. Unlike a physical product where you can send it back to the seller, because it is a digital product you can still use it after refund. This makes it quite difficult for us to manage honest refund requests. If you have any questions about the financial model excel templates, please contact us so we can guide you and answer any questions you have.

Yes. We accept all major credit cards, debit cards and PayPal. Payments are powered by Stripe and PayPal via our payment processing provider. All transactions are secured and your card payment information encrypted and sent directly to Stripe and PayPal, no payment details are stored on our website.

Yes. Of course! Every financial model excel template has a button to download immediately a DEMO version of the particular template. With the Demo version you will get the read-only financial model template.

By purchasing the template on our website, you will receive an email from us including the link to download your template. Additionally, you should see the download links right after the payment at the checkout page.

Yes, we provide free email support via email at [email protected]. We are in the Europe time zone hence please bear with us and we will catch up as soon as we are back online!

Original text

Access our collection of user-friendly templates for business planning, finance, sales, marketing, and management, designed to assist you in developing strategies for either launching a new business venture or expanding an existing one.

You can use the templates below as a starting point to create your startup business plan or map out how you will expand your existing business. Then meet with a  SCORE mentor to get expert business planning advice and feedback on your business plan.

If writing a full business plan seems overwhelming, start with a one-page Business Model Canvas. Developed by Founder and CEO of Strategyzer, Alexander Osterwalder, it can be used to easily document your business concept.

Download this template to fill out the nine squares focusing on the different building blocks of any business:

• Value Proposition
• Customer Segments
• Customer Relationships
• Key Activities
• Key Resources
• Key Partners
• Cost Structure
• Revenue Streams

For help completing the Business Model Canvas Template, contact a SCORE business mentor for guidance

From creating a startup budget to managing cash flow for a growing business, keeping tabs on your business’s finances is essential to success. The templates below will help you monitor and manage your business’s financial situation, create financial projections and seek financing to start or grow your business.

This interactive calculator allows you to provide inputs and see a full estimated repayment schedule to plan your capital needs and cash flow.

A 12-month profit and loss projection, also known as an income statement or statement of earnings, provides a detailed overview of your financial performance over a one-year period. This projection helps you anticipate future financial outcomes by estimating monthly income and expenses, which facilitates informed decision-making and strategic planning. 

If you’re trying to get a loan from a bank, they may ask you for a personal financial statement. You can use this free, downloadable template to document your assets, liabilities and net worth. 

A Personal Financial Statement is a

Marketing helps your business build brand awareness, attract customers and create customer loyalty. Use these templates to forecast sales, develop your marketing strategy and map out your marketing budget and plan.

How healthy is your business? Are you missing out on potential growth opportunities or ignoring areas of weakness? Do you need to hire employees to reach your goals? The following templates will help you assess the state of your business and accomplish important management tasks.

Whether you are starting your business or established and looking to grow, our Business Healthcheck Tool will provide practical information and guidance.

Learn how having a SCORE mentor can be a valuable asset for your business. A SCORE mentor can provide guidance and support in various areas of business, including finance, marketing, and strategy. They can help you navigate challenges and make important decisions based on their expertise and experience. By seeking out a SCORE mentor, you can gain the guidance and support you need to help grow your business and achieve success.

SCORE offers free business mentoring to anyone that wants to start, currently owns, or is planning to close or sell a small business. To initiate the process, input your zip code in the designated area below. Then, complete the mentoring request form on the following page, including as much information as possible about your business. This information is used to match you with a mentor in your area. After submitting the request, you will receive an email from your mentor to arrange your first mentoring session.

Copyright © 2024 SCORE Association, SCORE.org

Funded, in part, through a Cooperative Agreement with the U.S. Small Business Administration. All opinions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA.

Filter by Keywords

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! 🏆

Questions? Comments? Visit our Help Center for support.

Receive the latest WriteClick Newsletter updates.

Thanks for subscribing to our blog!

Please enter a valid email

• Free training & 24-hour support
• Serious about security & privacy
• 99.99% uptime the last 12 months

Convenience Store Business Plan PDF Example

• May 13, 2024
• Business Plan

Creating a comprehensive business plan is crucial for launching and running a successful convenience store. This plan serves as your roadmap, detailing your vision, operational strategies, and financial plan. It helps establish your convenience store’s identity, navigate the competitive market, and secure funding for growth.

This article not only breaks down the critical components of a convenience store business plan, but also provides an example of a business plan to help you craft your own.

Whether you’re an experienced entrepreneur or new to the retail industry, this guide, complete with a business plan example, lays the groundwork for turning your convenience store concept into reality. Let’s dive in!

Our convenience store business plan is structured to encompass all key components necessary for a well-rounded strategic approach. It details the store’s operations, marketing strategies , market context, competitive landscape, management structure, and financial outlook.

• Executive Summary : Provides an encapsulated view of the convenience store’s business concept, market analysis , management framework, and financial strategy.
• Store & Locations: Describes the store’s layout, location advantages, and why it’s appealing to potential customers, emphasizing convenience and accessibility.
• Products & Operations: Lists the wide range of products offered, from snacks and beverages to household essentials, and details the operational aspects such as inventory management and customer service.
• Key Stats: Provides industry size , growth trends, and critical statistics for the convenience store market.
• Key Trends: Outlines recent trends impacting the convenience store sector, like the rise in health-conscious products and digital payments.
• Key Competitors : Analyzes the main competitors in the vicinity and distinguishes how the store differentiates itself from them.
• SWOT : A thorough analysis of strengths, weaknesses, opportunities, and threats.
• Marketing Plan : Strategies for enhancing brand visibility, attracting, and retaining customers.
• Timeline : Significant milestones and objectives from the store’s setup through the first year of operation.
• Management: Information about the individuals leading the store and their roles, emphasizing their experience in retail management and customer service.
• Financial Plan: Projects the store’s financial performance over the next five years, including revenue, profits, and anticipated expenses, with a clear outline of funding strategies to support growth and operations.

Convenience Store Business Plan

Fully editable 30+ slides Powerpoint presentation business plan template.

Download an expert-built 30+ slides Powerpoint business plan template

Executive Summary

The Executive Summary introduces your convenience store’s business plan, providing a succinct overview of your store and its offerings. It should detail your market positioning, the range of products and services you offer, including groceries, household items, and quick-service foods, its location, size, and an overview of daily operations. 

This section should also delve into how your convenience store will fit into the local market, including an analysis of the number of direct competitors in the area, identifying who they are, along with your store’s unique selling points that set it apart from these competitors. 

Moreover, you should include information about the management and co-founding team, detailing their roles and contributions to the store’s success. Additionally, a summary of your financial projections, including revenue and profits over the next five years, should be presented here to offer a clear view of your store’s financial strategy.

Make sure to cover here _ Business Overview _ Market Overview _ Management Team _ Financial Plan

Dive deeper into Executive Summary

Business Overview

For a Convenience Store, the Business Overview section can be effectively organized into 2 main slides:

Store & Location

Briefly describe the store’s physical setup, focusing on its layout, ease of navigation, and the inviting atmosphere that welcomes customers. Mention the store’s location, emphasizing its accessibility and the convenience it offers to customers, such as proximity to residential areas or ease of parking. Explain why this location is beneficial in attracting your target customer base.

Products & Operations

Detail the range of products and services offered, from basic groceries and household essentials to quick-service food items and possibly even niche products tailored to local preferences. Outline your operational strategy, ensuring it reflects efficiency, quality of offerings, and matches the market you’re targeting. Highlight any special offerings, such as local produce, organic sections, loyalty programs, or promotional deals that provide added value to your customers, encouraging repeat visits and customer loyalty.

Make sure to cover here _ Store & Location _ Products & Operations

Market Overview

Industry size & growth.

Begin with an analysis of the retail convenience sector’s size and growth potential to understand market opportunities.

Key Market Trends

Highlight trends such as increased demand for quick access to essentials, healthy and organic products, and ready-to-eat meals. Note the rise in stores offering additional services like bill payments and parcel collection.

Key Competitors

Then, explore the competitive landscape, which encompasses a variety of stores from large chain convenience stores to small, independent shops, as well as online delivery services. For instance, underline what sets your store apart, whether it’s through superior customer service, a diverse product selection, or the provision of unique services that cater to community needs. This section will help articulate the demand for convenience store services, the competitive environment, and how your store is positioned to succeed within this dynamic market.

Make sure to cover here _ Industry size & growth _ Key competitors _ Key market trends

Dive deeper into Key competitors

First, perform a SWOT analysis for the convenience store , identifying Strengths (like a strategic location and diverse product range), Weaknesses (such as limited floor space or high competition), Opportunities (for instance, the growing demand for quick and easy shopping options), and Threats (like economic shifts that may affect consumer spending on non-essential items).

Marketing Plan

Next, formulate a marketing plan detailing strategies to draw and keep customers through targeted advertising, in-store promotions, an active social media presence, and community engagement.

Lastly, set up a comprehensive timeline that marks key milestones for the convenience store’s launch, marketing initiatives, customer base development, and growth goals, ensuring the business progresses with clear goals and intent.

Make sure to cover here _ SWOT _ Marketing Plan _ Timeline

Dive deeper into SWOT

Dive deeper into Marketing Plan

The Management section focuses on the convenience store’s management and their direct roles in daily operations and strategic direction. This part is crucial for understanding who is responsible for making key decisions and driving the convenience store towards its financial and operational goals.

For your convenience store business plan, list the core team members, their specific responsibilities, and how their expertise supports the business.

Financial Plan

The Financial Plan section is a comprehensive analysis of your financial projections for revenue, expenses, and profitability. It lays out your convenience store’s approach to securing funding, managing cash flow, and achieving breakeven.

This section typically includes detailed forecasts for the first 5 years of operation, highlighting expected revenue, operating costs and capital expenditures.

For your convenience store business plan, provide a snapshot of your financial statement (profit and loss, balance sheet, cash flow statement), as well as your key assumptions (e.g. number of customers and prices, expenses, etc.).

Make sure to cover here _ Profit and Loss _ Cash Flow Statement _ Balance Sheet _ Use of Funds

Privacy Overview