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How to make financial projections for a business plan using Excel financial business



Quality Business Plan’s business plan writer offers a tutorial to show how to create a 12 month profit/loss statement and financial projection for a business plan in Excel using daily sales and monthly expenses. Great for start up businesses.

For part 2 of the series, 5 year annual projections, click the link below.

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To purchase a completed Financial Projection Template in Excel, follow the link below:

For more help with a business plan, check out my new book: How to write a business plan in ten steps.

To purchase a completed template, just follow this link:

Author of: Complete Small Business Guide to Fund Raising in 2019

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How to make financial projections for a business plan using Excel

How to make financial projections for a business plan using Excel

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How to make financial projections for a business plan using Excel
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29 thoughts on “How to make financial projections for a business plan using Excel financial business”

  1. This video is the best I have ever seen . I plan on start my small business and was extremely worried about the financial plan section of my business plan but thanks to you I no longer have to worry . You are amazing and am grateful to that you share your video with us without monetarizing it . So So Soooo grateful . Thank You . Such a easy to understand video , literally fool-proof.

  2. I'm an excel rookie and never learned this…. hate to admit that after 30 years as an entrepreneur.. I went from leaving school at grade 9 and became an entrepreneur from there, so I've always avoided / farmed this work out in order to hide the fact of my lack of education. I have had a lot success, however, I recently decided I'm conquering excel dammit!!! This video is the 2nd vid the stars aligned for me and wow … when asked Ye shall receive … what a great start! I feel, if you can do financial projections you should be able to navigate from there and fully explore. Thank you so much https://www.youtube.com/channel/UCHfV-PN9lqEINdCfjRPVDSg Amazing REN

  3. Paul, I watched this video at around 5.50am, and this video made my rest of my life so worry free of calculation of so many thing. I am very weak in math, you have taught me a lesson of my life, which I had all through my 10 business years had to rely on my friend for this kind of calculation. I am thrilled about this video. Loved the way you explain the process is awesome. Now because of this covid I am out of business and cashless, am preparing my business plan to submit to the bank, and have no cash to even pay my rent and bill, I was so hesitating to ask my friend to do this calculation for me as usual, since past four day I have gone through many many videos on you tube, nothing like your video I found, I repeat nothing like your video. I am broke now, if I had cash I would have definitely would have made a payment worth of a course to you. No issue I have saved this video in my account on youtube. I would definitely make the payment once I have enough cash in hand. Thank you once again, from now no more relying on others to make this kind of calculations and making my morning so thrilled, to start the day.

  4. Thank Paul – you are a genius. Your manner of explaining is so simple and I followed your tutor step by step – I now have a Profit and Loss Account and I know exactly what figures from from where. Excellent! I will certainly sign up with you! Excellent!!!!!

  5. So, since you included labour costs, I'm assuming this is likely for manufacturing business, right?

    If you paid only salaries to normal employees, not management or labourers, then the cost of such would be added to salaries as well,bright?

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