4 Easy to use excel quotation template spreadsheets for small business
Small businesses can work as independent entities or as part of a larger corporation. Their size and structure vary immensely, but regardless of size, all small businesses need to manage expenses and revenue in order to stay profitable. One good way for a business to keep track of costs and income is by using an excel spreadsheet .
Excel spreadsheet templates are frequently used to create business proposals or work plans. A spreadsheet can also be used as a reporting tool for actual expenses and income, keeping track of the overall financial health of a small business. There are four great spreadsheets available online that are very easy to use. Although they are all free, making your own spreadsheet might be a better plan because you can customize it exactly for your business needs.
Excel Productivity Tip: Creating your own business budget in Excel is a great way to manage your small business. Try this free template
1) Making Money :
This spreadsheet helps new businesses keep track of costs and income. It also calculates the net profit after expenses have been paid. The spreadsheet comes with an example worksheet for a start-up small business, showing exactly how the calculations should be completed.
2) Sale Tracker Pro :
If your business is selling products online or in person, this budget spreadsheet is a must. It calculates expenses for inventory, revenue from goods sold, and calculates profit or loss for each item. This will give you an overall idea of what your business is capable of generating in terms of income.
3) Simple Balance Sheet :
A balance sheet is a statement of what the company owns (assets), owes (liabilities), and the owner’s equity in the business. The spreadsheet calculates all three sections, providing you with an overview of your business’s financial health. You can break down individual assets and liabilities, and then break down their categories (tangible assets, intangible assets, etc.).
4) Small Business Expenses :
This spreadsheet helps you keep track of expenses such as rent or mortgage payments, utilities, groceries, insurance , etc. You can use this spreadsheet for an individual or a business.
Tips + Warnings: Keep track of your expenses in order to stay organized and maximize profits.