The template will take your unique inputs and assumptions to automatically calculate and build your Income Statement (Profit & Loss), Balance Sheet, and Cash Flow statement. Any change you make on the input tabs will automatically be calculated and updated on your financial statements making for easy changes and experimentation. The financial statements are easily exported or printed for lenders.

Financial Statements Included:

• 5 Year Income Statement Annual Summary
• 5 Year Income Statement Monthly Breakdown
• 5 year Cash Flow Statement Annual Summary
• 5 year Cash Flow Statement Monthly Breakdown
• 5 Year Projected Balance Sheet Annual Summary
• 5 Year Projected Balance Sheet Monthly Breakdown

Our At-A-Glance dashboard offers a concise financial overview of your professional services projections. With key financial ratios, break-even analyses, and start-up cost breakdown, your data becomes actionable. This tab, filled with tables, charts, and summaries, ensures your business presentations are both engaging and insightful as they can easily be copied into your planning documents.

Visualization Tools Featured:

• Profit and loss insights
• Initial set-up cost breakdown for your firm
• Key financial ratios
• Operational cash flow visuals
• 5-year summary profit & loss table

• Estimate client acquisition through paid and organic sources.
• Forecast billable hours and service fees with customizable rates, capacity, and service categories across different types of staff professionals.
• Project recurring contracts, one-off project revenues, and product revenue, with the flexibility to adjust for client retentions and referrals.
• The template will then automatically calculate revenue and update your financial statements.

Expense Tracking:

• Plan your monthly operating expenses with a pre-filled list of categories for professional services, such as office space, utilities, software subscriptions, insurance, and more.
• Modify entries to suit your specific firm needs, from travel costs to client entertainment, ensuring all expenses are captured.
• The first few months are broken out so you can account for any non recurring startup expenses.

Staffing Financial Planning:

• Budget for a range of billable staff positions, including analysts, consultants, managers, partners, or anything you need and compare their profit generation to their cost.
• Set custom base salary and commission rates for each type of position as well.
• Account for salaried support staff like receptionists, assistants, and more.
• Comprehensive calculation of salary packages, including wages, benefits, taxes, and raises automatically happens and updates on the financial statements!

Asset Tracking:

• List all fixed assets for your firm, from property, leasehold improvements, furniture, etc. as well as their associated value, useful life, salvage cost, and acquisition month.
• Forecast fixed asset acquisitions and calculate depreciation automatically on financial statements.

Liability Planning:

• Detail financing arrangements such as mortgages or business loans, with amortization schedules and automatic interest calculations.
• Your balance sheet is automatically built and will always balance.

This section of the template also enables you to insert any investment capital the business has received as well as a live calculation to determine if you have enough cash to reach break even.