How to use this template

Save the template (XLT file) to your computer. Double-click on it to create a new plan,
then follow these steps:
Step 1

Set a starting point for your projections

Start date

1/1/2009

Step 2

Set-up costs
Use the set-up costs sheet to calculate the cost of setting up your business.

Step 3

Profit and loss forecast

Forecast your month-by-month profit and loss for the first 12 months of operations. Enter sales in
the month when they're invoiced, rather than the month when they're paid.

Step 4

Cash flow forecast

Forecast your month-by-month cash flow for the first 12 months of operations. Enter sales revenue
in the month when it's received, rather than the month when it's invoiced.

Step 5

Balance sheet forecast

Forecast your balance sheet position at the end of the first 12 months of operation. The balance
sheet draws on the figures you've entered in your profit and loss forecast.

Step 6

Break-even analysis
Find out how many sales you need to make in the first 12 months to cover your fixed costs and
break even.

Tips

Enter figures in any white field. The yellow fields are calculated for you.

Enter as much or as little information as you like. The more information you record, the better your
analysis.

By default, the sheets in this template are locked, so that the formulas cannot be changed. If you are
a confident Excel user, you may wish to unlock a sheet and modify it.

Please send any feedback or questions to cashflow@cba.com.au

Important information

The figures shown in this Financial Forecast spreadsheet are intended as a guide only. It has been
prepared without considering your objectives, financial situation or needs. Before acting on the
calculations in this spreadsheet, you should consider its appropriateness to your circumstances.
The Commonwealth Bank accepts no responsibility for any financial loss resulting from the use of
this spreadsheet. We recommend you seek professional advice before acting on the information or
calculations contained in it.

Set-up costs
Setting up the business
Accountant's fees
Solicitor's fees
Business registration
Domain name registration
Insurance premiums
Licences
Workers compensation

Setting up the premises

Lease deposit and advance rent
Fitout
Utility bonds and connection
Stationery and office supplies

Plant and equipment

Equipment
Vehicles
Telecommunications
Computers and software

Starting operations
Advertising and promotion
Raw materials and supplies
Working capital

Start-up capital
Equity investment
Borrowings
Total

$0

The result
Total set-up costs
Surplus funds
Borrowings required

$0
0
0

Profit and loss forecast

Jan

Feb

Mar

Apr

May

Sales
Sales (invoiced)
Cost of goods sold
Gross profit

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

Expenses
Accounting fees
Advertising
Bank charges
Bank interest
Depreciation
Electricity and gas
Equipment hire/lease
Insurance
Legal fees
Motor vehicle expenses
Postage, telephone and fax
Stationery
Rent
Repairs and maintenance
Security
Sundries
Superannuation
Transport/courier costs
Wages
Workers compensation

Total

Result
Net profit
Gross profit margin
Net profit margin

Jun

Jul

Aug

Sep

Oct

Nov

Dec

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

Totals

$0.00
$0.00
$0.00

$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00

$0.00

Cash flow forecast

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Totals

Starting cash position

Incoming
Cash sales
Collections from accounts receivable
Other cash receipts
Total

$0.00
$0.00
$0.00
$0.00

Outgoing
Fixed costs
Administration
Marketing
Operations
Variable costs
Administration
Marketing
Operations
Total

Result
Change during month
Closing cash position

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

Balance sheet forecast

As at December 2009

Assets
Current assets
Cash
Petty cash
Accounts receivable
Stock
Short-term investment
Prepaid expenses
Long-term investment

$0

Fixed assets
Land
Buildings
Improvements
Equipment
Furniture
Motor/vehicles

$0

Total assets

$0

Liabilities
Current liabilities
Accounts payable
Interest payable
Taxes payable
Income tax
Sales tax
Payroll accrual

$0

Long-term liabilities
Borrowings

$0

Total liabilities
Net assets

$0
$0

Owner's equity
Retained earnings
Current year earnings
Total equity (should equal net assets)

$0
$0

Break-even analysis
Average selling price per unit
Average cost of each unit
Gross profit margin
Fixed costs
Dollar sales to break even
Number of unit sales to break even

$0