This is a detailed, yet clear to use 3-way financial model to assess how a company will perform under different assumptions, and how a range of decisions will affect the bottom line over a one year period.
Within this spreadsheet are 4 worksheets:
Assumptions: This is the worksheet that contains the main assumptions for your company. Data that you enter in this worksheet automatically impacts all the other worksheets.
Profit and Loss Statement (P&L): This is for creating and calculating your profit and loss statement. This is the final worksheet that is automatically made up of information contained in other worksheets.
Balance Sheet: This is the pro-forma balance sheet for your company. The section needed for data input includes cash, share capital, retained earnings from previous years, current year's net income and other positions.
Cash Flow: This is the Cash Flow budget for your company, comprising of cash and cash equivalents at the beginning of the period, cash provided by operations, cash used for investment activities, cash provided by financing activities, cash and cash equivalents at the end of the period.
Let us do the work for you!
Feel free to contact our team in case you need support with budgeting your company. Our team provides financial modeling services to companies around the world. Actually, this is our core business. We have a lot of experience with creating budgets for service companies and know the specifics of the business.