re you ready to develop your first annual budget? You will walk out of this workshop with a forecast template, and a step-by-step action plan for completing your first budget. We will cover everything from developing your budget categories, to estimating income and expenses, to cash flow management. In part two of the session we will cover back of the envelope finance for entrepreneurs focusing on job/customer profitability analysis. Bring your laptop or calculator to put your business' plan in action during the session.

1. Profit & Loss Budget Summary
Time Period
Item
Revenue
Net Revenue A
Cost of Goods Sold B
Gross Profit C =A+B
Gross Margin D %
Expenses
Employees E
Marketing / Promotion F
Occupancy G
Other Expenses H
Total Expenses I =E+F+G+H
Depreciation & AmortizationJ
Net Income K =C-I-J
Asset Purchases L
Beginning Cash M
Cash Flow N =K+J-L
End Cash O

2. Summary of Revenue
Volume Based Revenue
Client Based Revenue
Month Based Revenue
Total Revenue (Insert In A)
Revenue Model
Item Input
Volume Based Revenue
Volume (How MANY do you sell) 10
Average Rate (How MUCH do you get) 100.00$
Volume Based Sales
Client Based Revenue
Client Based Sales
Month Based Revenue
January
February
March
April
May
June
July
August
September
October
November
December
Month Based Sales

3. Summary of Costs of Goods Sold
Volume Based COGS
Client Based COGS
Month Based COGS
Other COGS (Anything Else)
Total Costs of Goods Sold (Insert in B)
Item Input
Costs of Goods Sold
Volume Based Sales (Volume)
Volume Based Sales (Revenue)
Methods
Percent of Sales 50%
Cost Per Sale 25.00$
Volume Based COGS
Client Based Sales (Revenue)
Methods
Percent of Sales 50%
Client Based COGS
Month Based Sales (Revenue)
Methods
Percent of Sales 50%
Month Based COGS
Other COGS (Anything Else)

4. Summary of Expenses
Total Employee Expenses (Insert in E)
Total Marketing Promotion (Insert in F)
Total Occupancy (Insert in G)
Total Other Expenses (Insert in H)
Total Expenses
Summary of Noncash Expenses
Depreciation & Amortization (Insert in J)
Fixed Asset Purchases (Insert in L)
Time Period
Employee Salaries Other Expenses
Annual
Employee 1 Legal
Employee 2 Accounting
Employee 3 Payroll
Employee 4 Other 1
Employee 5
Total Other Expenses
Employee Salary A
Non-Cash Items
Payroll Tax 8.00% B
Depreciation
Benefits Per Month Per Employee 300.00$ C Amortization
Total Employee Expenses =A+B+C Total Non-Cash Expenses
Marketing Promotion Asset Purchases
Annual
Expense 1 Asset Type 1
Expense 2 Asset Type 2
Expense 3
Expense 4 Total Non-Cash Expenses
Expense 5
Total Marketing Promotion
Occupancy
Rent/Lease Expense
Utilitiy
Other Occupancy
Total Occupancy

5. Profitability Analysis
Summary
Revenue
Materials
Labor
Direct Costs
In-Direct Costs
Profitability
Margin
Quote Price
Materials
Material 1
Material 2
Material 3
Total Materials Expense -$
Labor
Labor 1
Labor 2
Labor 3
Total Labor Expense -$
Direct Costs
Mileage
Direct 2
Direct 3
Total Direct Expense -$
In-Direct Costs
Occupany
Overhead
In-Direct 3
Total In-Direct Expense -$