7+ free small business budget templates

Apex 42 template

7+ free small business budget templates

It is difficult to run a successful small business. It is almost impossible to run a successful small business without a budget.

Without easy access to your financial information, many decisions will be more difficult than they should be. For example: How do you make an informed decision about whether it is a good time to grow your business, buy new inventory or assets, or give yourself a salary increase?

A clear and up-to-date budget can help solve such problems.

A budget is a tool that allows you to measure ideal financial figures based on actual figures. Effective budgeting requires regular calibration of the real business environment based on the theoretical environment.

If this sounds daunting or time-consuming, don’t be afraid. There are some online resources to simplify this process. In fact, you can now access multiple downloadable and customizable business budget templates.And just to keep them in your Budget (See what we did there?) They are free!

We’ll introduce you to seven of our current favorite small business budget template tools, but first let’s take a look at what you need to know about actually creating a business budget.

How to make a business budget?

Working out a business budget is an extremely important step to ensure that your business not only stays on track financially, but also uses available funds in the most strategic way.Whether you are a start-up or a more mature company, you can add your business budget to your business plan It’s a great way to stay organized and plan how to best use your budget to your advantage. If you are running a start-up company, you will need to budget for ongoing costs and the actual costs of doing business.

How you create a business budget will largely depend on which type of budgeting method you use. After choosing your preferred method, you can use one of the template tools we will discuss to help you actually budget.

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Main budget. if you With a total budget, your budget will involve taking information from other smaller budgets in your business (think marketing and labor) and compiling them into one main budget. This type of budget is very suitable for large companies with multiple departments, each with its own budget. The total budget allows you to have a more comprehensive view of your expenses.

Operating budget. This type of business budget is very popular and is used to estimate income and expenditure within a specific time period. This allows companies to compare their actual results with their operating budget.

Financial budget. When creating a financial budget, you will only consider income and expenses, and include any assets, liabilities, and shareholder equity in the budget. You will use the balance sheet to present this information and have a clear understanding of the overall health of your business. This type of budget is usually used when companies seek financing, initial public offerings, or mergers.

Cash budget. This type of budget estimates how much funds will pass through the enterprise in a certain period of time (for example, a quarter). A cash budget can give you insight into how the organization fulfills its direct financial obligations, or whether they need financing help, Such as credit limit, To cover any upcoming expenses.

Labor budget. If you have employees, you may want to consider developing a labor budget to help determine how many workers need to be hired to achieve the desired level of production, and how much it will cost to do so.

Capital budget. Capital budgeting can help companies plan to purchase large assets. For example, buying a new warehouse or expensive machinery. The capital budget will take into account the cost of the assets you plan to purchase, as well as the expected payback period and potential return on investment.

Strategic planning budget. By integrating financial information, strategic planning and budgeting can help you develop a practical roadmap that shows how your business plan will be realized GrowIf you have long-term goals, this budget can help you achieve them in a realistic (and frankly financial) possible way.

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Static budget. If your business sales and expenses are fairly consistent, then a static budget may be all you need to keep your finances running. You won’t change this budget throughout the year, it’s a good way to determine the difference between budget and actual line items. Static budgets are also useful when evaluating sales performance.

Capterra budget template


The download provided by Capterra includes monthly and annual breakdowns that can be used in Excel spreadsheets. The website says: “Imagine that you don’t know how much money you will spend or earn in a month.” “If you are interested in depositing money into your bank account at the end of the month, you may need to think about it in advance.” They said the budget The goal is to have a “fixed point to track your progress”.

Google Sheets Budget Template

Google Forms

Once again, you don’t need to travel far to find a series of budget templates. Google’s template library provides a variety of visually eye-catching and easy-to-use Google Sheets business budget templates. The tables and graphs in the “Summary” tab allow you to intuitively understand your income and expenses, allowing you to quickly understand your financial situation. Don’t know where to start?Look at this well-designed Annual budget template.

Microsoft Office Budget Template

Microsoft Office

Do you use Microsoft Office software?If so, you might be sitting on a useful database Budget template Don’t even realize it now. Microsoft Office provides a wide range of budgets for various needs. They have charts and graphs of monthly differences.

SCORE Small Business Budget Template

Fraction Small business resources

This small business resource includes budget templates designed specifically for financial forecasts, start-up expenses, income statements, and cash flow statements. In addition to budget, the website also provides templates for start-up planning, marketing and sales, and even business management.

Scott's market template

This is your money

It’s Your Money is a practical home for all financial things, providing a lot of useful educational resources and skills, no matter what your financial mind is, business owners can use it. Here, you will find a number of free, downloadable Excel business budget templates to help you make expenditure plans, “plan future expenditures, amortize various types of loans, and track your debt burden.”

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As the site warns, these templates are not fancy, but they are flexible and easy to customize according to your own situation. For example, find the cash flow budget template spreadsheet here. Or, find the complete list of IYM templates here.

Excel monthly cash flow budget spreadsheet

Smart watch

This site provides separate forms for service-based and commodity-based businesses to create their own budgets. Income and expenses are further broken down so you can see where the money comes in and where it goes out. Find and download for free Budget template is here.

Apex 42 template

Vertex 42

Another website that relies on Excel template spreadsheets for business budgets, Vertex 42 includes a pair of sample budgets for companies that provide services or products. It has a worksheet that breaks down sales and expenses by month.For anyone considering starting a new business, the site offers free downloads Business start-up cost template.

Find out which of these small business budgets helps to set goals for your business. However, in order for any of these templates to work, you must include daily expenses as part of your daily work. When you are close to truly mastering the cash flow, you will be more capable of developing your business in a sustainable manner in the coming years.

Close the budget gap

After using the business budget template to create a budget, you may find that you need help filling the gap in recruiting employees or purchasing expensive equipment. If this is the case, then you may need to consider your financing options. When your business encounters slow sales, delayed payment of invoices, or emergency unexpected expenses, Fundbox’s business credit option can step in and help.

Learn more about Fundbox’s business credit line now.

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