If you run a large, medium, or small business, budgeting is the most important aspect of financial management. Without a proper spending plan, a business can face an enormous drop in revenue, which eventually leads to financial bankruptcy. Therefore, budgeting plays a crucial role in estimating fixed and variable expenses, along with identifying business capital and income streams.
On the other hand, many people find it difficult to prepare a budget for their newly established business and encounter financial hassles in the long run. To avoid all these troubles, you can learn the ropes by using pre-designed business budget templates. These are the professional and time-saving options to manage your monetary inflows and outflows like an expert.
Daily Business Budget Template
Organize your daily business spending plan using this daily business budget Google Sheet template. It is designed by a team of financial experts and includes everything required to track daily business income and expense sources. Once you download this free budget sheet, it will simplify the whole process and allow you to create a list of your income sources in the pre-formatted table at the top. The following section is allocated to record every expense in detail in separate rows. Both tables consist of four columns: description, budget, actual, and variance.
As this daily budget sheet comprises an integrated mathematical formulation, you will get instance results, whether to assess the difference between budgeted and actual spending or get the sum of these columns. In addition, the summary chart will further help you visualize the data and make rational decisions based on it.
Weekly Business Budget Template
Many businesses practice checking their accounts and doing weekly audits. They also prepare a weekly budget to track business operations and non-operating expenses. Here, you can also get the chance to download free and customizable weekly business budget templates. It has a beautiful design and layout that not only makes this template attractive but also elevates the readability of the worksheet. You can swiftly modify the layout using Google Doc editor options and tailor the template to suit your unique preferences.
Furthermore, we have designed this weekly budget in a vertical orientation in chronological order. One can initiate the process of business budgeting by adding pertinent information to the budget goals segment. The following sections consist of weekly income and weekly expense tables, respectively. The last section of the worksheet is dedicated to the weekly budget summary and note section. So that is how, by following the default information in the format, you can prepare a sound weekly business budget for better utilization of monetary resources.
Bi-Weekly Business Budget Template
Now effortlessly manage your two weeks’ business finances with our excellent bi-weekly budget Google Sheet template. This template was exclusively created in MS Excel to achieve accuracy and consistency while creating a biweekly budget. It has a user-friendly theme with stunning black and yellow color schemes. To keep the layout clean, it is split into two vertical sections. The left section of this budget sheet exhibits the pre-organized first-week income, expenses, and summary tables.
However, the right section of this budget planner is the second week’s income and expense tables, along with the summary charts. Once you jot down all the relevant expenses on this single platform, you will be in a better position to analyze and revise the budget and make timely decisions to avoid budget overruns. Eventually, it will lead you to cut discretionary expenses and save more money every week.
Monthly Business Budget Template
Check out the preview image of this detailed-oriented monthly business budget template. As we all know, many businesses include monthly budgeting in their financial planning, and it is one of the most used budgeting plans of all. So, we have added this comprehensive and result-driven monthly budgeting template to the list to help beginners and even professionals manage fixed and variable business costs without running short of money.
As you can see from the budget image, it has all the significant ingredients, such as income and expenses tables. Furthermore, these tables also have subcategories, like operating and non-operating income, along with fixed and variable expenses, that will give you a clear overview of spending and help you understand the trend to make optimal financial decisions. In addition, the summary table with a graphical chart will also display the big picture to track expenses and cut costs where needed to achieve your short- and long-term business goals. In short, you can freely access this monthly budgeting option in MS Excel and online with the help of the Google Doc Editor for customization.
Kamran Khan is a seasoned blogger with a deep-seated passion for office document processes and the art of productivity. With a wealth of experience spanning over a decade, Kamran has become a trusted name in the blogging community, known for his insightful articles and practical solutions that help individuals and businesses streamline their daily operations.
