Where Can I Locate an Excel Template that Calculates a Balance Sheet?
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I need to make a Balance Sheet for a Business Plan and all I have are the Start Up Costs, Income Projections and Cash Flow Projections. Is there an Excel template that will calculate this using the data I have? Where can I find this?
Where Can I Locate an Excel Template that Calculates a Balance Sheet?
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Comment by Micki
Shown below is Microsoft’s website with a lot of excel templates for balance sheets.
Good luck!
Comment by Bumblebee
I doubt you’ll be able to find a template that calculates the balance sheet from those items. Part of the reason is that your accounts will vary between businesses. Another is that while in business you’ll need to understand the material and duplicate the financial statements very often so people don’t use them.
There are programs, like Business Plan Pro, that contain self contained estimated asset, liability, COGS, and income data as well as other financial spreadsheets that should make the balance sheet automatically.
Just to go a little further to help create the best business plan you can. The financials are always important and need to show sustainability, but they just give you the time to sit down with investors and bankers to ask for funding. The real focus will be on your competitive competencies, your position, connected activities, competitive forces, value drivers, capabilities and resources, sustainability through change, and costs. Specifically, how those give you advantages over competitors to generate those profits. To include these things you should think about including an analysis of your value, rareness, immitability, sustainability and appropriability and the overall position it gives you.