Launched by the design house of Sergio Tacchini. This masculine fragrance has a blend of fresh and aromatic notes. It is recommended for casual wear. It is long lasting fragrance.
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Yacht Man Victory by Myrurgia for Men - 3.4 oz EDT Spray
by Myrurgia
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Yacht Man Victory
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Product Name: Yacht Man Victory
Brand: Myrurgia
Fragrance Type: Eau De Toilette
Yacht Man Victory by Myrurgia was created in 2006. This men's cologne has a blend of aromatic notes that are long lasting, and perfect for causal wear.
The recommended use of this perfume is casual.
"Spray joy and inspire confidences because beauty products are what you make them." - South Beach Perfumes
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Choosing a fragrance that embraces your unique ...
Here are tips on choosing the perfect fragrance that reflects of your unique character and mood. For the energetic and adventurous, opt for vibrant citrus or spicy notes that evoke a sense...
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Traveling with Fragrance: Tips for Bringing You...
Traveling with your favorite fragrances doesn’t have to be a challenge. To keep your scents fresh and easily accessible, invest in travel-sized option of your favorite fragrance. In addition, consider...
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How can I ensure a longer shelf life for my fra...
To keep your prized fragrances fresh for as long as possible factors like climate, storage, and packaging should be taken into consideration. Some small changes in the way you care...
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Size: 3.4 oz 100 ml
Fragrance Type: Eau de Toilette Spray
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Live fact check: Night 4 of the Democratic National Convention
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Live updates: Kamala Harris will accept her party’s nomination on Day 4 of the DNC
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News Wrap: Golan Heights damaged by Hezbollah rocket attack on Israel
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In our news wrap Wednesday, Hezbollah fired more than 50 rockets toward Israel, Congo health authorities reported more than 1,000 mpox cases in the last week, divers recovered five more bodies from the luxury yacht that sank off Sicily’s coast, Russia says Ukraine launched a large drone attack on Moscow, and revised data showed the U.S. economy added fewer jobs than previously reported.
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William Brangham:
Hezbollah fired more than 50 rockets towards Israel today, some causing damage in the Israeli-annexed Golan Heights. Israel's ambulance service reported the projectiles hit several private homes and injured one person, causing alarm among community members.
Einav Perez, Golan Heights Resident (through interpreter):
Some of the residents want to leave. Others are patriots who want to stay. But it cannot continue this way. Every sound of a door shutting makes us think it's a boom. This time, it wasn't a door, but a serious boom that cost us a lot.
Hezbollah says the barrage was in response to Israeli airstrikes deep inside Lebanon.
Residents of one Lebanese village held a funeral today for a man they say was killed in an Israeli attack. It comes a day after Secretary of State Antony Blinken met with mediators in the region to push a proposal aimed at bridging the gaps in the Gaza cease-fire talks. Egyptian officials reportedly expressed skepticism today that Hamas would in fact accept that proposal. Talks are expected to resume in Cairo tomorrow.
Health authorities in Congo say they have recorded more than 1,000 mpox cases in the last week amid an urgent need for vaccines. Congo accounts for more than 90 percent of the cases reported in Africa so far this year. Last week, the WHO classified the outbreak as a global health emergency.
African officials say Western nations in Japan have pledged several hundred thousand vaccine doses, but Congo's health minister says the country alone needs some three million doses to control the outbreak.
In Italy, divers found five more bodies while searching the luxury yacht that sank off the coast of Sicily on Monday. Recovery crews unloaded body bags from a rescue vessel in Porticello. They're still searching for one final missing person. Fifteen other passengers and crew escaped in a lifeboat and were rescued.
Authorities say they believe the British-flagged Bayesian, seen here in file video, was struck by a tornado on the water, which is known as a water spout. But questions remain as to why the yacht sank so quickly.
Russian officials say that Ukraine launched one of its largest drone attacks on Moscow last night since Russia's invasion in 2022. Russia claims to have struck down 45 drones, including 11 over Moscow itself. There has been no independent verification of those figures.
That comes as Ukraine digs in to defend the city of Pokrovsk in Eastern Ukraine from Russian advances. Its capture would be an important victory for Russia, as Ukraine pushes forward with its own incursion further north in Russia's Kursk region.
In Moscow today, a Foreign Ministry spokesperson said Ukraine's military advances there undermine any chances for peace talks.
Maria Zakharova, Spokeswoman, Russian Foreign Ministry (through interpreter):
Who will negotiate with them after this, after the atrocities, the terror that they are committing against peaceful residents, the civilian population, infrastructure and peaceful facilities?
Ukraine's military claims to have taken nearly 500 square miles in Kursk since it first entered Russian territory earlier this month.
Back here in the U.S., the economy added far fewer jobs last year and into 2024 than previously reported. In its revised data out today, the Labor Department said that there were 818,000 fewer jobs created between April of last year and this March. That's an average of 174,000 jobs per month, far fewer than the 242,000 that was initially reported. This downgrade follows a disappointing report last month and comes as the U.S. Federal Reserve considers whether to cut interest rates next month.
On Wall Street today, stocks ended slightly higher after the Fed raised hopes of an interest rate cut next month. The Dow Jones industrial average added 55 points, inching closer to the 41000-point level. The Nasdaq tacked on more than 100 points for a ninth win in 10 sessions. The S&P 500 also ended higher on the day.
And we have two passings of note.
New Jersey Congressman Bill Pascrell Jr. Died earlier this morning. The 14-term Democrat was a fixture of his hometown of Paterson, where he had served as mayor, before running for Congress in 1996. Pascrell was a long time advocate for emergency responders and sat on the powerful House Ways and Means Committee. No cause of death has been announced, but he had been in and out of the hospital for months.
Congressman Bill Pascrell was 87 years old.
Also today, NBA Hall of Famer Al Attles has died. As one of the first Black head coaches in the league, Attles led the Golden State warriors to a championship in 1975. Attles, seen here defending a pass in 1963, was known as the Destroyer for his particularly physical style of play.
He spent six decades with the Warriors as a player, a general manager, and team ambassador. It is the longest stint by a player with the same franchise in NBA history. Al Attles was 87 years old.
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Sicily Yacht Sinking: Tech Mogul Mike Lynch and Daughter Found Dead, Authorities Recover 5 Bodies
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The bodies of Mike Lynch and his 18-year-old daughter have been recovered from the wreck of the UK tech mogul’s sunken yacht Bayesian off the coast of Sicily, according to reports Wednesday.
Authorities have recovered the bodies of five of the six missing passengers aboard the $18 million luxury sailing ship, which sank in a sudden storm before dawn on Monday, according to authorities.
Lynch and daughter Hannah have been identified as two of the victims pulled from inside the wreckage, which is in 160 feet under water, according to the UK Telegraph.
The identities of the other three bodies have not been confirmed, though the Italian newspaper Corriere della Sera reported that two of the bodies are “large-built” — indicating they could be the missing men.
Cook Ricardo Thomas’ body, the first confirmed fatality, was discovered shortly after the Bayesian sank.
Including Lynch and his daughter, the missing passengers on the yacht are: New York City attorney Christopher Morvillo and his wife Neda, Morgan Stanley exec Jonathan Bloomer and his wife Judy.
Lynch’s wife, Angela Bacares, and 14 others — including a 1-year-old child — managed to escape the sinking ship before it capsized.
All of the guests had gathered onboard the Bayesian to celebrate Lynch’s victory in an explosive US fraud trial. His guests included lawyers from the firm that represented him, as well as friends and allies who supported him through the legal battle.
The wealthy tech founder — who was once dubbed “Britain’s Bill Gates” — was acquitted just two months ago by a San Francisco jury of fraud charges linked to the sale of his software company, Autonomy, to Hewlett-Packard for $11 billion in 2011. The sale quickly turned sour after HP wrote down Autonomy’s value by $8.8 billion.
The British-flagged Bayesian superyacht was carrying 12 passengers and 10 crew members as it was anchored off the port of Porticello and struck by what witnesses described as a sudden tornado.
Several search boats could be seen leaving the port of Porticello to go to the site of the sinking around 3:30 p.m. local time Wednesday as news of the latest discovery was shared, according to the reports.
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Manhunt for Arizona Suspect Who Threatened to Shoot Trump During Border Visit Today
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A manhunt is underway in Arizona for a suspect who threatened to kill former President Trump ahead of a rally in the Copper State on Thursday.
The Cochise County Sheriff’s Office has identified the suspect as 66-year-old Ronald Lee Syvrud.
The sheriff’s office said Syvrud has outstanding warrants from the state of Wisconsin for DUI, failure to appear for DUI and from Graham County, Arizona, for hit-and-run and felony failure to register as a sex offender.
The sheriff’s office said it also has an absconder hold for Syvrud for failing to register as a sex offender.
Syvrud is listed on the Wisconsin Department of Corrections sex offender registry for “second-degree sexual assault of a child” with an Arizona address.
Court records reviewed by Fox News show Syvrud was most recently charged with assault in June, but that was dropped in July.
The sheriff’s office posted on Facebook that Syvrud is being sought “as an investigative lead for threats to kill a presidential candidate,” but did not elaborate. Fox News later confirmed that the “presidential candidate” is Trump.
The threat against former President Trump’s life comes after the assassination attempt on the Republican presidential nominee during a campaign rally in Butler, Pennsylvania, last month.
The sheriff’s office told Fox News that there are “no known ties to Pennsylvania, and we are working with local, state, and federal agencies.”
The former president held his first outdoor rally on Wednesday since the assassination attempt, speaking behind a wall of bulletproof glass at a podium in Asheboro, North Carolina.
Trump is visiting the southern border in Cochise County, Arizona, Thursday while continuing to campaign for the November election. He’s been spending the week campaigning across battleground states.
At a Thursday afternoon press conference, Trump appeared to be unaware of the manhunt when asked for comment. The former president said he was aware it might be “dangerous” for him to be there but nevertheless, “I have a job to do.”
“I haven’t heard about that. They probably want to keep it from me,” Trump said, when asked to respond to the manhunt. “Thank you for telling me. Let’s get out of here, right now!” Trump joked. He again thanked the reporter for telling him.
Trump then pivoted to remarks on the assassination attempt in Butler, saying he has “great respect for the Secret Service” who jumped “on top of me with bullets flying.”
“I have great respect. But no, I haven’t heard that,” Trump said, referring back to the manhunt underway. “But I’m not that surprised. And the reason is because I want to do things that are very bad for the bad guys.
The U.S. Secret Service told Fox News it is aware of and tracking the manhunt in Arizona and referred all further inquiries to the Cochise County Sheriff’s Office for further comments, including potential ties to Butler.
Supreme Court Restores Arizona’s Voter Proof-of-Citizenship Law
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The Supreme Court on Thursday partially agreed to the Republican National Committee’s (RNC) emergency request to revive an Arizona law that strengthens proof-of-citizenship requirements for voting.
In a 5-4 vote, the justices reinstated Arizona’s law mandating officials reject state voter registration forms if the person did not provide proof of citizenship.
The court’s three liberal justices — Sonia Sotomayor, Elena Kagan and Ketanji Brown Jackson — dissented alongside conservative Justice Amy Coney Barrett.
But in voting to deny the RNC’s other request, those four found themselves in the majority, bolstered by support from at least one of Chief Justice John Roberts or Justice Brett Kavanaugh.
The RNC had demanded the reinstatement of Arizona’s prohibition that prevents registered voters from casting ballots for president or in the mail if they didn’t provide citizenship proof, even if they used a federal-level form to register, where proof is not required.
Justices Clarence Thomas, Samuel Alito and Neil Gorsuch, who are viewed as the Supreme Court’s three leading conservatives, voted to reinstate those provisions, too.
The ruling came just ahead of Arizona’s ballot printing deadline, enabling the provision to go into effect for this year’s elections, when Arizona is expected to be a critical swing state in the presidential race.
By not fully agreeing to the RNC’s request, the Supreme Court’s decision sides with the Biden administration.
The Justice Department has sued over the latter provision as conflicting with federal law, but it has not challenged the portion impacting only state-level forms.
“Even putting aside the merits, applicants are not entitled to a stay,” U.S. Solicitor General Elizabeth Prelogar wrote in court filings.
The Democratic National Committee (DNC) and various voting rights groups have challenged both sets of the provisions. The case revolves around claims that the changes are unconstitutional, preempted by federal law and violate a consent decree a state official signed in 2018.
After a federal district judge blocked the provisions and an appeals court refused to lift it, the RNC, joined by Arizona’s top two Republican state lawmakers, thrusted the Supreme Court into the dispute earlier this month by filing an emergency appeal.
They urged the justices to stay the lower ruling by Aug. 22, which is the state’s ballot printing deadline, arguing that the state was authorized to make the voter registration changes.
The challengers, however, urged the Supreme Court to stay out the case, insisting the RNC hadn’t cleared their high burden to receive emergency relief.
Lawyers for the DNC and other private plaintiffs told the justices the RNC “sat on their hands” after losing in a lower court.
“The tardiness is particularly inexcusable here, as applicants seek to weaponize Arizona’s forthcoming ballot-printing deadline to obtain relief,” their written response reads.
Democratic Arizona state officials, meanwhile, argued that the Supreme Court’s intervention “would be destabilizing” given the short timeframe before November’s election.
DNC Day 3: Top Takeaways
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The third night of the Democratic National Convention featured a second former president, Bill Clinton, making the case for Vice President Kamala Harris‘s campaign.
Gov. Tim Walz (D-MN), Harris’s running mate, gave the keynote speech Wednesday night as celebrity singers John Legend and Sheila E. staged a musical tribute to Walz’s Minnesota roots.
Stevie Wonder asked the crowd to “reach for a higher ground” in supporting Harris’s campaign before performing a medley of his songs. Kenan Thompson, of Saturday Night Live fame, appeared onstage Wednesday evening with a print-sized copy of Project 2025, a conservative proposal for a second Trump presidency.
Abortion rights activists featured prominently during the night with Mini Timmaraju, president and CEO of Reproductive Freedom for All; Alexis McGill Johnson, president and CEO of Planned Parenthood; Cecile Richards, former president of Planned Parenthood; and Jessica Mackler, president of EMILYs List, all addressing the convention.
Oprah Winfrey made a surprise appearance at the convention, taking a jab at Sen. J.D. Vance’s (R-OH) childless cat lady comments while pushing independents to back Harris. House Minority Leader Hakeem Jeffries (D-NY), who is aiming to become the first black House Speaker if Democrats gain control of the lower chamber, called former President Donald Trump “an old boyfriend who you broke up with, but he just won’t go away.”
Here are the top five moments from the third night of the convention.
Tim Walz’s biggest career speech brings tears from son
Sen. Amy Klobuchar (D-MN), along with Walz’s former students, including Ben Ingman and the former high school football players he coached, introduced the Minnesota governor before he spoke onstage.
The moment was a memorable Americana entrance for a man whom Harris branded as “Coach Walz” at their first campaign rally as running mates. In another emotional moment, Walz’s son Gus was seen sobbing while mouthing: “That’s my dad!”
Walz began his speech by thanking Harris and President Joe Biden for their nearly four years of leadership. “Thanks for putting your trust in me, and for inviting me to be part of this incredible campaign,” he said of Harris. “It’s the honor of my life to accept your nomination for vice president of the United States.”
The Minnesota governor leaned on his background as a teacher before entering politics in a speech that will likely introduce him to wide swaths of the public. “So there I was, a 40-something high school teacher with little kids, zero political experience, and no money, running in a deep-red district. But you know what? Never underestimate a public school teacher,” he said.
Walz touted several progressive policies to the delight of Democrats, including providing free breakfast and lunch for school children, fighting for affordable housing, protecting abortion rights, and mediating medical debt for families.
“So while other states were banning books from their schools, we were banishing hunger from ours,” Walz said as attendees cheered in excitement.
In a reprise of his attacks against the GOP, Walz called attempts to implement Project 2025, a conservative game plan for a second Trump presidency, “weird.”
As he ended his speech, Walz pushed for Democrats to donate, vote, and knock on doors because “when we fight,” Walz said to the crowd. “We win!” they yelled back.
An aging Bill Clinton slams the Trump campaign
Clinton, who recently celebrated his 78th birthday, claimed he was the oldest person in his family, but “I’m still younger than Donald Trump,” he quipped. Clinton is just two months younger than Trump, whose birthday is in June. The former president also mentioned that he was unsure how many more conventions he would attend after this week, in a humble reflection of his mortality.
He continued to slip in more criticisms against Trump, who Clinton claimed is “about me, myself, and I.”
“The next time you hear him, don’t count the lies. Count the I’s,” said Clinton, who marked his 12th address to the DNC Thursday evening.
Harris is Trump’s complete contrast, according to Clinton. “Kamala Harris is the only candidate in this race who has the vision and the experience, the temperament and the will and yes, the sheer joy to get something done,” he said.
“If you vote for this team, if you can get them elected and let them bring in this breath of fresh air, you’ll be proud of it for the rest of your life,” Clinton later declared. “Your children will be proud. Your grandchildren will be proud of it.”
The former president also commented on the joyful convention taking place in Chicago. “After the last two days, aren’t you proud to be a Democrat?” Clinton asked earlier on before claiming he loved seeing Barack and Michelle Obama speak the previous day, as well as Hillary Clinton’s address to the convention.
“One of the reasons that president-to-be Kamala Harris is doing so well is that we’re happy,” Bill Clinton would later claim. “But you should never underestimate your adversary. These people are very good at distracting.”
Nancy Pelosi’s cements status as party godmother
The former House Speaker received a standing ovation and chants of “Nancy! Nancy!” when she first walked onstage. Before Pelosi took to the stage, Mindy Kaling, the celebrity host of Wednesday’s convention, called her the “mother of dragons” in an introduction speech.
Pelosi slammed Trump over the actions of his supporters who stormed the U.S. Capitol on Jan. 6, 2021, in her address to the convention. “Jan. 6 was a perilous moment for our democracy,” she said. “Never before had a president of the United States so brazenly assaulted the bedrock of our democracy, so gleefully embraced political violence, so willfully betrayed his oath of office.”
“Let us not forget who assaulted democracy on Jan. 6 — he did. But let us not forget who saved democracy that day — we did,” Pelosi said. “Thank God we have a Democratic House of Representatives.”
Many Democrats have long believed that Pelosi was part of the push that finally convinced President Joe Biden to suspend his campaign, paving the way for Harris’s nomination. Biden and the former House Speaker reportedly have an icy relationship.
But at the convention, Democrats were ecstatic over Pelosi, who arguably has pulled the strings that led to an energized Democratic Party.
Former vice presidential candidates for Harris take the stage
Gov. Josh Shapiro (D-PA) and Transportation Secretary Pete Buttigieg both took to the stage Thursday night. The two leaders were once on the short list to join Harris as her vice presidential pick, but that role went to Walz.
Buttigieg spent part of his speech attacking Vance as an insufficient bridge to Midwestern voters whom he has insulted many with his “childless cat ladies” comments.
“J.D. Vance is one of those guys who thinks if you don’t live the life he has in mind for you, then you don’t count,” Buttigieg said. “A guy who thinks that if you don’t have kids, you have no physical commitment to the future of this country.”
The Pennsylvania governor slammed the Trump-Vance ticket as against the freedoms of the people. “Today, we find ourselves writing the next chapter,” Shapiro said. “Will we be a nation defined by chaos and extremism? Or will we choose a path of decency, honor, and continued progress?”
Another future leader of the party, Gov. Wes Moore (D-MD), addressed the crowd on Wednesday, where he called out Trump’s lack of military service. “I joined the army when I was 17. In fact, I was too young to sign the paperwork,” he said. “I had to ask my mom to sign it for me because I do not have bone spurs.”
Parents of hostage victim appeal for son’s return
Jon Polin and Rachel Goldberg, the parents of American-Israeli hostage Hersh Goldberg-Polin, gave an emotional speech appealing for the return of the eight American hostages kidnapped by Hamas during the Oct. 7 surprise attack against Israel.
Goldberg doubled over in tears when the crowd chanted, “Bring them home!” as the parents first appeared onstage. It’s been 320 days since Goldber-Polin was kidnapped, and “since then, we live on another planet,” Goldberg said. “Anyone who is a parent or has had a parent can try to imagine the anguish and misery that John and I and all the hostage families are enduring.”
“This is a political convention, but bringing our only son and all of the cherished hostages home is not a political issue,” added Polin.
Convention attendees were seen crying as the parents addressed the crowd. “Hersh, if you can hear us, we love you. Stay strong, survive,” Goldberg declared. “This is a humanitarian issue.”
Ukraine Attacks Moscow in One of Largest Ever Drone Strikes on Russian Capital
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Ukraine attacked Moscow on Wednesday with at least 11 drones that were shot down by air defences in what Russian officials called one of the biggest drone strikes on the capital since the war in Ukraine began in February 2022.
The war, largely a grinding artillery and drone battle across the fields, forests and villages of eastern Ukraine, escalated on Aug. 6 when Ukraine sent thousands of soldiers over the border into Russia’s western Kursk region.
For months, Ukraine has also fought an increasingly damaging drone war against the refineries and airfields of Russia, the world’s second largest oil exporter, though major drone attacks on the Moscow region – with a population of over 21 million – have been rarer.
Russia’s defence ministry said its air defences destroyed a total of 45 drones over Russian territory, including 11 over the Moscow region, 23 over the border region of Bryansk, six over the Belgorod region, three over the Kaluga region and two over the Kursk region.
Some of the drones were shot down over the city of Podolsk, Moscow Mayor Sergei Sobyanin said. The city in the Moscow region is some 38 km (24 miles) south of the Kremlin.
“This is one of the largest attempts to attack Moscow using drones ever,” Sobyanin said on the Telegram messaging app in the early hours of Wednesday. “The layered defence of Moscow that was created made it possible to successfully repel all the attacks from the enemy UAVs.”
Along Moscow’s boulevards, the cafes, restaurants and shops of the capital – which has been carefully insulated from the war – were crowded with little sign of concern, while President Vladimir Putin met Chinese premier Li Qiang in the Kremlin.
Two Russian citizens who spoke to Reuters on condition of anonymity said the foiled drone attack simply showed how well defended Moscow now was, and that Ukraine was “playing with fire” by attacking Russia both in Kursk and in Moscow.
Russia meanwhile is advancing in eastern Ukraine, where it controls about 18% of the territory, and battling to repel Ukraine’s incursion into the Kursk region, the biggest foreign attack on Russian territory since World War Two.
Russian media showed unverified footage of drones whirring over the dawn sky of the Moscow region and then being shot down in a ball of flame by air defences.
Moscow’s airports, Vnukovo, Domodedovo and Zhukovsky, limited flights for four hours but restarted normal operations from 0330 GMT, Russia’s aviation watchdog said.
Sobyanin said that according to preliminary information, there were no injuries or damage reported in the aftermath of the attacks. There were also no casualties or damage reported following the attack on Bryansk in Russia’s southwest, the governor of the region, Alexander Bogomaz, wrote on Telegram.
Russia’s RIA state news agency reported that two drones were destroyed over the Tula region, which borders the Moscow region to its north. Vasily Golubev, governor of the Rostov region in Russia’s southwest, said air defence forces destroyed a Ukraine-launched missile over the region, with no injuries reported.
The Russian defence ministry did not mention either Tula or Rostov in its statement listing destroyed Ukrainian air weapons. Ukraine’s military said on Wednesday it overnight struck an S-300 anti-aircraft missile system based in the Rostov region.
The drone attack on Moscow was on a par with a May 2023 attack when at least eight drones were destroyed over the capital, a strike Putin said was a Ukrainian attempt to scare and provoke Russia.
In Kursk, Russian war bloggers said intense battles were ongoing along the front in the region where Ukraine has carved out at least 450 square km (175 square miles) of Russian territory.
UPDATED: Romanian Police Raid Andrew Tate’s Home over New Allegations Involving Trafficking Minors
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Romanian police on Wednesday searched four properties linked to Andrew Tate and his brother Tristan amid new minor sex and trafficking allegations. This investigation for trafficking minors started in June 2023.
According to Romania’s prosecutors for the Directorate for the Investigation of Organized Crime and Terrorism (DIICOT) police descended on four locations owned by the Tate brothers in Bucharest and Ilfov.
The searches are linked to a fresh investigation against the Tate brothers, according to the authorities.DIICOT implemented four home search warrants within Ilfov county and Bucharest municipality, in a criminal case regarding the commission of the crimes of:
- forming an organized criminal group
- trafficking minors
- human trafficking (new victims)
- sexual intercourse with a minor
- influencing statements and money laundering
A spokesperson for the Tate brothers confirmed the raids on social media. “Although the allegations in the search warrant are not yet fully clarified, they include suspicions of human trafficking and money laundering. The brothers’ legal team is present to ensure all formalities are carried out correctly,” they said.
Andrew Tate commented on X that he was the victim of conspiracies. “The Matrix is real. And they have a tried and true playbook. Slander is their number one tool, and the process is the punishment,” wrote Andrew Tate.
The two are currently awaiting trial in Romania on charges of human trafficking, rape, and forming a criminal gang to sexually exploit women. In the UK, Andrew Tate faces a civil case from four British women who claim they were raped and assaulted. The brothers are also being taken to court by police in the UK for allegedly paying zero tax on $27 million in earnings from their online businesses.
Andrew Tate and Tristan Tate were detained for 24 hours by DIICOT prosecutors on Wednesday evening, August 21, after more than 6 hours of questioning in a new case.
According to the same sources, other suspects were also detained in the same case, including Alex Stanciu, Alex Donea, and the two alleged accomplices of the Tate brothers, Georgiana Naghel and Luana Radu.
There are 34 new victims in Andrew Tate and Tristan Tate’s latest case. This includes two minors, aged 15 and 17. There are a total of 49 victims across all of their cases.
A judge in Romania has ordered Andrew Tate to house arrest for 30 days. Tristan will remain on judiciary control. This will be reviewed in 30 days with the possibility of being extended.
Full DIICOT press release:
Pursuant to communique no. 1 of 21.08.2024, the Information and Public Relations Office within the Directorate for the Investigation of Organized Crime and Terrorism is empowered to inform the public of the following:
On 21.08.2024, the prosecutors of the Directorate of Investigation of Organized Crime and Terrorism – Central Structure ordered the detention of 6 defendants for committing the crimes of forming an organized criminal group, trafficking in persons, trafficking in minors, sexual intercourse with a minor, money laundering, influencing statements and favoring the perpetrator.
From the criminal investigation documents carried out, it emerged that, during 2015, three defendants (two of them foreign citizens) constituted an organized criminal group on the territory of Romania, to which a suspect (foreign citizen) joined in 2016 and in in September 2021, another defendant (Romanian citizen), who acted with the aim of committing the crime of human trafficking both on the territory of Romania and of other states.
Two of the defendants, using the loverboy method and taking advantage of the obvious state of vulnerability of 34 injured persons, recruited them, and with the support of the other members of the organized crime group, transported and housed them in different locations where they supervised them and coordinated by forcing them to produce pornographic materials that they later broadcast for a fee on profile platforms.
The proceeds thus obtained by the defendants from the sexual exploitation of the victims were valued at over 2,800,000 US dollars and 887,000 tokens.
It was also noted that in the period from 2014 to December 2021, one of the defendants (foreign citizen), by misleading (the loverboy method) and taking advantage of the obvious vulnerability of a minor victim (17 years old, foreign citizen), transported and sheltered her in several locations located on the territories of Great Britain and Romania, where he forced her to perform sexual acts in order to produce pornographic materials and distribute them on various websites. Material benefits valued at over 1.5 million US dollars were obtained from the criminal activity, which the defendant appropriated in full.
Also in his charge, it was noted that starting from December 2020, he repeatedly had sexual relations and acts with a minor victim, aged 15. In order to hide or dissimulate the illicit origin of the money resulting from the commission of the crime of human trafficking, between December 2023 and July 2024, the two defendants purchased and registered four luxury cars in the names of close people.
At the same time, in an attempt to prevent the discovery of the truth, they took actions of a clearly intimidating nature and acts of corruption on some injured persons and witnesses in order to induce them not to give statements or to give false statements in this file. With regard to two other defendants (Romanian citizens), from the conducted investigations, it emerged that they acted with the aim of hindering the investigations in this criminal case.
As a result of the home searches, the sums of approximately 26,000 euros, 81,000 lei, 5,800 GBP and 6,400 USD, two luxury watches, laptops, data storage units, documents and other means of evidence were identified and seized. An insurance seizure was instituted on 16 cars and a motorcycle, all from the luxury category.
Today, the judge of rights and liberties was notified with the proposal of preventive arrest of three of the detained defendants and the house arrest of another defendant.
Judicial activities are carried out together with police officers from the Ilfov Organized Crime Fighting Service.
The action benefited from the support of gendarmes from the Special Intervention Brigade of the Gendarmerie.
Everything You Need to Know About Sex-Trafficking Charges Against Andrew Tate
READ: 32 Andrew Tate Tweets That Will Change Your Opinion About Him
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If you don’t know who is Andrew Tate you can learn more about him here.
Proof that Andrew Tate is was the owner of the Twitter account @OfWudan:
For those of you who are unsure if @OfWudan was Tate’s old account, or are in denial, let Tate tell you: pic.twitter.com/Z91bqCJxPN — Murdered By Crayons 🖍️ (@CrayonMurders) July 29, 2024
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Jack Daniel’s Maker Scraps DEI Policies After Threat of ‘Anti-Woke’ Boycott
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The maker of Jack Daniel’s whisky said it will pull back on its DEI initiatives, buckling to pressure on social media as an “anti-woke” activist said he was preparing to launch a boycott.
Spirits giant Brown-Forman Corp. – with a market capitalization of $21.37 billion – is the latest company to scrap its diversity, equity and inclusion program, following Harley-Davidson, Tractor Supply and John Deere.
Major firms who rely heavily on a red state clientele have been caving to boycott pressure from corporate activist Robby Starbuck, who said Jack Daniel’s was next on the list, but that the company reversed its policies before he got the chance to lead a boycott.
“We’re now forcing multi-billion dollar organizations to change their policies without even posting just from fear they have of being the next company that we expose,” Starbuck said on X.
Brown-Forman will stop linking bonuses and pay to DEI progress, end its participation in an annual ranking of companies with an LGBTQ-friendly environment and throw out its plans to push for a more diverse group of suppliers, according to a copy of an internal memo posted on X.
The company previously tied 10% of executives’ short-term compensation to progress on DEI goals, according to a 2023 annual report.
The Kentucky-based company first launched its DEI goals in 2019.
“Since then, the world has evolved, our business has changed, and the legal and external landscape has shifted dramatically, particularly within the United States,” company executives told employees in a letter on Wednesday.
“With these new dynamics at play, we must adjust our work to ensure it continues to drive business results while appropriately recognizing the current environment in which we find ourselves.”
Brown-Forman shares dipped less than 1% on Thursday.
Social activists called for big businesses to implement sweeping DEI programs just a few years ago – and now those same companies are responding to cries to cut those goals, largely led by Starbuck on X.
“I mean the name diversity, equity, inclusion – you would think that’s a good thing,” Mahoney Asset Management CEO Ken Mahoney told The Post. “But the way the companies express it, you squeeze out other potential employees that could have even better performance.”
Mahoney said companies including Tesla, Home Depot, Wayfair and Walmart have been phasing out their DEI leadership goals since consumers started threatening them with boycotts.
“It hurts their image because consumers feel like they’re not putting the best people in place, but rather keeping score,” Mahoney told The Post. “And for this group of consumers, we’re not born and raised this way.”
Just 38% of Americans want companies to take a stance on current events and policies, according to a Gallup-Bentley University survey.
Big news: The next company we were set to expose was @JackDaniels_US . They must have been tipped off by us going through employee LinkedIn pages. They just preemptively announced that they’ll be making these changes: • Ending participation in the @HRC ’s Corporate Equality… pic.twitter.com/0O1DkkIKrO — Robby Starbuck (@robbystarbuck) August 22, 2024
And DEI goals have become more political, with conservative activists calling the programs unfair while liberal activists say the opposite.
In addition to DEI policies, Starbuck targets companies who participate in the Human Rights Campaign’s ranking of LGBTQ-friendly workplaces — which previously awarded Brown-Forman a perfect score of 100.
“Jack Daniels has clearly reached the sobering conclusion that being hyper focused on factors other than merit do not increase the bottom line,” psychotherapist Jonathan Alpert told The Post.
“In fact, we need not look any further than Target and Bud Light to see how making the move from that of retailers to social justice warriors does not lead to best outcomes, increased sales, and improved public image.”
Target lost $10 billion in market valuation in a 10-day period last year when customers boycotted the company after it launched its Pride collection, which included clothing for children.
A Target shareholder filed a lawsuit last year against the company after their shares lost $20,000 during the Pride collection controversy.
Bud Light sales tanked after the beer company launched an ad with transgender social media influencer Dylan Mulvaney last year.
Alpert said DEI policies can create a perception of unfairness and alienate employees.
He said his own patients have grown to resent these policies because they feel like they are being passed over for promotions and jobs on the basis of ethnic background or sexuality.
“If DEI initiatives were working we wouldn’t be having this discussion about them right now,” Alpert told The Post. “In fact, more companies would be hopping on the bandwagon – but they’re not.”
90-Foot-Tall Half-Monkey, Half-Human Statue Erected in Texas
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A striking 90-foot-tall bronze statue of Lord Hanuman was recently unveiled in Texas.
The massive statue was raised on August 15 at Sugar Land’s Sri Ashtalakshmi Temple, according to local NBC affiliate KCEN.
Hindus consider Hanuman an immortal being known for his devotion to the Hindu god Rama and virtues like self-control.
The Texas Hanuman figure, officially titled the “Statue of Union,” is now reportedly the third tallest statue in the continental U.S., trailing only the 151-foot tall Statue of Liberty in New York and the 110-foot tall Pegasus and Dragon statue in Hallandale Beach, Florida.
Conservatives, particularly those identifying themselves as Christians, quickly lashed out at images and videos of the statue, with some claiming that the figure was “demonic.”
“This is a Hindu statue they just built in TX. I rebuke this demonic filth in the mighty name of Jesus Christ,” @itsmorganariel, a self-described “Christian activist,” wrote while sharing a video on X, formerly Twitter.
This is a Hindu statue they just built in TX. I rebuke this demonic filth in the mighty name of Jesus Christ. pic.twitter.com/dXG1jrYPND — Morgan Ariel (@itsmorganariel) August 20, 2024
“A Hindu temple just unveiled a statue of their demonic Lord Hanuman … in Texas,” the End Time Headlines account wrote.
A Hindu temple just unveiled a statue of their demonic Lord Hanuman … in Texas. https://t.co/4AnF1Kyr9G pic.twitter.com/wihyEDAyQT — End Time Headlines (@EndTimeHeadline) August 20, 2024
“90-foot statue of Hindu demon Hanuman erected in Houston, Texas. It is now the third tallest statue in America,” wrote @AFpost, an account that purports to share news “from an America First perspective.”
90-foot statue of Hindu demon Hanuman erected in Houston, Texas. It is now the third tallest statue in America. Follow: @AFpost pic.twitter.com/KEF4sbxzM4 — AF Post (@AFpost) August 20, 2024
“In Texas there is a 90 ft statue of Hanuman, a Hindu monkey god. What is the United States anymore? A nation with no culture, now that the enrichers are prominent in the census,” self-described “Christian nationalist” @JuanValder72733 wrote.
In Texas there is a 90 ft statue of Hanuman, a Hindu monkey god. What is the United States anymore? A nation with no culture, now that the enrichers are prominent in the census. pic.twitter.com/UvbU7ammXo — The Righteous Republic (@JuanValder72733) August 20, 2024
Satire website Not the Bee published an article on the statute that includes a warning about sparking “the wrath of the One True God by building massive demonic idols everywhere.”
Others defended the statue and lashed out at critics complaining about the fact that a private organization chose to install the figure on its own land.
“Christians & catholics etc…. getting offended by the Hanuman Monkey Bronze statue built on private lands in Southwest Houston but not getting ticked off about their churn numbers….? huh?” @datarade wrote on X. “You have an uncomfortable churn and decline problem that seems irreconcilable.”
Christians & catholics etc…. getting offended by the Hanuman Monkey Bronze statue built on private lands in Southwest Houston but not getting ticked off about their churn numbers….? huh? You have an uncomfortable churn and decline problem that seems irreconcilable. pic.twitter.com/PGQ51VIHVX — Kumar (@datarade) August 20, 2024
“All the fanatics coping over a statue on private temple land just means that the next one got 10ft taller,” wrote @OnTheNewsBeat.
All the fanatics coping over a statue on private temple land just means that the next one got 10ft taller — Journalist V (@OnTheNewsBeat) August 20, 2024
“That’s lord Hanuman, who is a symbol of strength, loyalty, devotion, and perseverance … Worshipped by 15% of the world’s population (1.2 Billion Hindus) … And you ignorant, arrogant fool name it is a monkey statue. Do better,” @DealsDhamaka wrote in response to an X post from anti-transgender activist Oli London.
That’s lord Hanuman, who is a symbol of strength, loyalty, devotion, and perseverance … Worshipped by 15% of the world’s population (1.2 Billion Hindus) And you ignorant, arrogant fool name it is a monkey statue. Do better #jaibajrangbali https://t.co/J2aU6PS0X8 — Vineeth K (@DealsDhamaka) August 20, 2024
RFK JR. to Address the Nation Friday — Trump and Kennedy Will Both Be in Phoenix
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Robert F. Kennedy Jr. is planning to drop out of the presidential race by the end of this week, ABC News reported.
Sources tell ABC News that Kennedy plans to endorse Donald Trump — but when asked directly by ABC News if he will be endorsing the former president, Kennedy said, “I will not confirm or deny that.”
“We are not talking about any of that,” he said.
Sources cautioned the decision is not yet finalized and could still change, with one source adding that Kennedy’s hope is, in part, to finalize things quickly in order to try to blunt momentum from the Democratic National Convention.
One possible scenario being discussed is for Kennedy to appear on stage with Trump at an event in Phoenix on Friday, though the sources cautioned that Kennedy’s thinking could always change and sources close to Trump say no plan for Friday is finalized.
Kennedy’s campaign manager, Amaryllis Fox, emailed senior staff on Wednesday morning thanking them for their hard work — but indicated a decision on the way forward had not been made, a source familiar with the email told ABC News.
“There are a couple potential paths forward, not only two, and I can bear witness to the care, examination that Bobby has invested in the consideration of each,” Fox wrote, according to the source.
A spokesperson for Kennedy posted on X that Kennedy will “address the nation” live on Friday to discuss his “path forward,” but offered no specifics.
Kennedy told ABC News regarding the Democratic convention and Democratic presidential nominee Kamala Harris, “I think it was a coronation, it’s not democracy. Nobody voted. Who chose Kamala? It wasn’t voters.”
He also complained about the way his campaign has been treated.
“She went in four weeks from being the worst liability for the Democratic Party to the second coming of Christ without giving one interview, without showing up for a debate, without a single policy that anyone thinks isn’t ridiculous,” he said. “It’s not democracy.”
NBC News reported :
The pending suspension of Kennedy’s campaign and subsequent expected endorsement of Trump has been an ongoing project of three key allies of Trump —Donald Trump Jr., former Fox News host Tucker Carlson and megadonor Omeed Malik.
The three men have worked behind the scenes in meetings and calls with both Trump and Kennedy to negotiate the exit and the endorsement, a source familiar with their efforts said on condition of anonymity to reveal sensitive internal campaign deliberations.
Trump’s campaign considers a potential endorsement as something of a work in progress, the source added.
Notably, Carlson, Malik and Trump Jr. were also influential in the selection of Vance as Trump’s running mate.
Biden Admin Admits It Overestimated Employment by Nearly 1 Million Jobs
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The federal government overestimated the number of jobs in the U.S. economy by 818,000 between April 2023 and March 2024, according to data from the Bureau of Labor Statistics released Wednesday, stoking fears of a slowdown in the U.S. economy.
Economists at Goldman Sachs (GS) and Wells Fargo anticipated the government had overestimated job growth by at least 600,000 in that span, while economists at JPMorgan Chase had predicted a lesser decline of 360,000, according to Bloomberg. The downward revision follows a trend of the BLS overestimating the number of nonfarm payroll jobs added, with the cumulative number of new jobs reported in 2023 roughly 1.3 million less than previously thought as of February 2024.
“There’s been a clear pattern of economic data being revised down (worse) in the last several years,” E.J. Antoni, a research fellow at the Heritage Foundation’s Grover M. Hermann Center for the Federal Budget, told the Daily Caller News Foundation. “It is very similar to the onset of the Great Recession, when the BLS was struggling to keep up with rapidly deteriorating economic conditions. Assumptions built into models no longer represented reality, although they may have just a year or two prior. ”
Something to watch this week: Preliminary annual payrolls revisions get released on Wednesday, covering April 2023 through March 2024. Economists expect jobs added to be revised down by as much as 1 mil. pic.twitter.com/dfuYp3yPm9 — Liz Young Thomas (@LizThomasStrat) August 19, 2024
Fears of a slowdown in the U.S. economy surged earlier in August following a disappointing July jobs report that saw unemployment rise to 4.3%, up 0.2% from June.
The rising specter of an American recession led to a global market sell-off, with Japan’s Nikkei 225 index dropping 12.40% on August 5, its largest decline since Black Monday in 1987. The S&P 500 also fell 3.00% in its worst single-day loss since late 2022.
Nevertheless, the indexes recouped much of their losses the following day, with the Nikkei and the S&P rising 10.2% and 1.0% respectively, according to ABC News.
Wednesday’s downward revision has also heightened concern that the Federal Reserve has waited too long to begin cutting interest rates, Bloomberg reported. If the FOMC hesitates to cut rates for too long, it could result in recession instead of a soft landing — an economic slowdown in which inflation is brought down without causing recession.
The Federal Open Market Committee (FOMC) decided to hold its target federal funds rate between 5.25% and 5.50% in July, marking the eighth meeting in a row the FOMC has decided to keep rates at their current 23-year high.
“Wall Street is increasingly waking up to the fact that the economy post-covid has never been as good as the government bean counters claimed, and a recession may have already begun,” Antoni told the DCNF. “These revisions are a violent shove in the direction of reality.”
FBI Investigates Dems Having Maggots Slipped Into Their Breakfasts at Chicago Convention
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The FBI has launched an investigation into whether maggots were deliberately slipped into the breakfasts of delegates at the Democratic National Convention.
Law enforcement swarmed the Fairmont Hotel in downtown Chicago on Wednesday following reports of the insect attack.
Indiana delegate Tracy Boyd told WGNTV: ‘They protected us, of course, and turned it around in minutes.’
She said her group was notified that breakfast service would be briefly delayed due to the incident by pro-Palestine activists.
Since the start of the DNC, pro-Palestine rioters have caused chaos on the streets of Chicago. Several have been arrested for breaching the security perimeter near the United Center and as protests got violent near the Israeli Consulate.
‘I really do want to give a shout-out to the hotel staff and leadership,’ Boyd added.
All Americans have the right to peaceful protest, but ugly attacks like this have no place in our democracy,’ said Indiana Democratic Party spokesperson Sam Barloga.
‘We thank the security team for responding swiftly,’ he said.
It’s not the first maggot-related political incident in recent weeks.
At the end of July, a Pro-Palestine activist group shared stomach-turning images of what they said was a protest against Israeli prime minister Benjamin Netanyahu.
The Israeli leader addressed Congress amid the ongoing war in Gaza, which has sparked protests against the Jewish state all over the world.
Hours before his speech, the Palestinian Youth Movement’s X account shared a video they claimed showed Netanyahu’s table at the Watergate hotel in Washington DC full of maggots and critters.
The group wrote: ‘BON APPETIT!! MAGGOTS RELEASED ON THE CRIMINAL ZIONIST’S WAR TABLE!
‘Palestine protestors manufactured chaos at the Watergate Hotel last night so that Netanyahu, Israeli Mossad agents, and the Secret Service had no peace as they continue to terrorize our people.’
Jewish Insider claimed that several people in Netanyahu’s team were not aware of any protest involving maggots.
Jewish Insider reporter Lahav Harkov said: ‘I talked to several people in Netanyahu’s delegation who know nothing about this, so either the Palestinian Youth Movement is lying or somehow security managed to clean this up and stop the fire alarms incredibly quickly.’
CNN reported that the Secret Service was investigating the reports that protesters gained access to the hotel where the Israeli delegation is staying.
During his speech, Netanyahu spoke about the importance of the U.S.-Israel relationship, highlighting how the two’s close ties have been instrumental in the Jewish nation’s fight against Palestinian terror group Hamas.
‘America and Israel must stand together,’ Netanyahu proclaimed, receiving a standing ovation in response.
‘When we stand together, something very simple happens, we win and they lose.’
The leader has vowed to continue the war until Hamas is eradicated following the October 7, 2023 massacre in Israel by the terrorist who raped women, killed and beheaded children and took hundreds of Israelis hostage, including several Americans.
While Netanyahu was in D.C., protesters condemning the war in Gaza descended on Washington, chanting ‘Free, Free Palestine’ as some tried to block streets.
Protestors vandalized parts of Union Station, a short walk to the Capitol.
The American flag was taken off of a flag pole outside of the main train terminal.
14-Term House Democrat Bill Pascrell Dies at 87
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Rep. Bill Pascrell (D-N.J.), who served in the House for more than 27 years, died Wednesday morning, his office announced.
Pascrell, 87, had been hospitalized in July to be treated for a respiratory infection and spent some time in intensive care. The congressman moved from the hospital to a rehabilitation facility earlier this month but was rushed back to the hospital days later.
“It is with deep sadness that we announce that Bill Pascrell Jr., our beloved husband, father, and grandfather, passed away this morning. As our United States Representative, Bill fought to his last breath to return to the job he cherished and to the people he loved. Bill lived his entire life in Paterson and had an unwavering love for the city he grew up in and served. He is now at peace after a lifetime devoted to our great nation America,” a statement on Pascrell’s account on the social platform X reads.
Pascrell’s death puts a bookend on his nearly three-decade tenure in the House, which he was first elected to in 1996. The New Jersey Democrat beat then-Rep. Bill Martini (R) to represent the Garden State’s 8th Congressional District. Redistricting moved him to the 9th Congressional District later in his career on Capitol Hill.
Pascrell served on the Ways and Means Committee and became a noted Trump critic during his later years in Congress. Before Congress, he was the mayor of Paterson, N.J., and served as a member of the New Jersey General Assembly.
The deadline to replace Pascrell on the ballot is Aug. 29. Democratic county committee people from the 9th District will be tasked with selecting a new candidate, according to the New Jersey Monitor.
The nominee then will face Republican Billy Prempeh in the November general election.
Pascrell beat Prempeh by just more than 11 percentage points in 2022. The district broke for President Biden over former President Trump by more than 18 percentage points in 2020.
Pascrell, who was among the oldest members of the House, checked himself into the hospital on July 14 after coming down with a fever. His office later said he had a respiratory infection.
He was discharged from the hospital Aug. 7 and moved to a rehab facility. Days later, however, he was brought back to the hospital, multiple sources reported. It was not clear why he returned to the hospital.
Lawmakers on both sides of the aisle mourned Pascrell’s death.
“My heart is breaking right now. What profound sadness falls upon New Jersey for the loss of Bill Pascrell. I miss him and give all the love and strength I can muster to his family and community,” New Jersey Rep. Andy Kim (D) wrote on X.
Republican New Jersey Rep. Tom Kean Jr. called Pascrell “a great friend and colleague.”
“Bill was a dedicated public servant, a tireless advocate for his constituents, and a passionate supporter of firefighters. We worked closely together on many issues. My deepest condolences go out to his family during this difficult time. Bill will be dearly missed,” he added on X.
8-Year-Old Girl Stabbed in UK, Police Arrest Man and Woman
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Two people have been arrested after a young girl was stabbed in Christchurch, Dorset.
The victim is aged around eight, the Bournemouth Daily Echo reports.
She was taken to hospital and her injuries are not believed to be life-threatening.
Police received a report that the girl had been stabbed at an address in Glider Close, Christchurch, at 5.45pm on Tuesday.
A man aged in his 20s, from Christchurch, was arrested on suspicion of causing grievous bodily harm.
A local woman in her 50s was also arrested on suspicion of assisting an offender.
Chief Superintendent Stewart Dipple said: “There is an increased policing presence in the area as officers conduct enquiries at the scene.
“I am appealing to anyone who was in the area and saw what happened or has information to assist our investigation, to please come forward.
“Our enquiries are in the early stages and we would ask the public not to speculate at this time about the circumstances of the incident.
“I understand this will cause concern and we will have members of the neighbourhood policing team out on patrol over the coming days who can be approached by the public.”
Ford Delays New EV Plant, Cancels Electric SUV
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Ford Motor is delaying production of a next-generation all-electric pickup truck at a new plant in Tennessee and canceling plans for a three-row electric SUV, the company said Wednesday.
Instead, Ford said it will prioritize the development of hybrid models, as well as electric commercial vehicles such as a new electric commercial van in 2026, followed by two EV pickup trucks in 2027.
The pickups are expected to be a full-size truck, which will be produced in 2027 at the Tennessee plant that’s currently under construction, and a new midsize truck being developed by a specialized “skunkworks” team in California.
“As we’ve learned in the marketplace, and we’ve seen where people have gravitated, we’re going to focus in where we have competitive advantage, and that’s on commercial land trucks and SUVs,” Ford CFO John Lawler said Wednesday.
The actions are meant to better deliver a capital-efficient, profitable electric vehicle business, said Lawler, who also serves as vice chair of the automaker. But, in the short term, they will cost the company.
Ford said it will incur a special noncash charge of about $400 million for the write-down of certain product-specific manufacturing assets, including the cancellation of the three-row SUV.
The company said the changes may also result in additional expenses and cash expenditures of up to $1.5 billion. Ford will reflect those in the quarter in which they are incurred, as a special item.
Lawler said the company’s future capital expenditure plans will shift from spending about 40% on all-electric vehicles to spending 30%. He did not give a timeline for the change.
Vehicle production at the new $5.6 billion Tennessee site was initially expected to begin next year. The company said it still expects to start battery cell production at the site in 2025.
The changes are the latest for Ford and come amid slower-than-expected adoption of EVs as well as automakers not being able to profitably produce the vehicles.
The new plans come roughly five months after Ford said it would delay production of the three-row SUV and next-generation pickup, codenamed “T3.”
“This is really about us being nimble and listening to responses from our customers,” Lawler said during a call Wednesday morning. “We’ve been out in the [EV] market here for over two years, and we’ve learned a lot, and what we’re understanding is that customers want more electrification choices.”
The rollout of Ford’s next generation of EVs will begin with a commercial van that will be assembled at Ford’s Ohio Assembly Plant starting in 2026, according to the company.
The automaker previously said it would not launch a vehicle if there wasn’t a clear path to profitability within the first year. It was a change from selling EVs at a loss to grow share and assist in meeting fuel and emissions standards.
Ford said it will continue to produce and update its current all-electric vehicles such as the Ford Mustang Mach-E crossover and F-150 Lightning pickup truck.
The company said it plans to provide investors with an “update on electrification, technology, profitability and capital requirements” in the first half of 2025.
Matt Gaetz Easily Beats McCarthy-Backed Challenger
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Rep. Matt Gaetz (R-FL) took a victory lap after winning his primary in a landslide, mocking former House Speaker Kevin McCarthy, who vowed to take revenge on those who ousted him from his post last fall.
“Sign me up for the next Revenge Tour,” Gaetz said in a post on X alongside the results showing him winning with 72.5% of the vote.
Sign me up for the next Revenge Tour pic.twitter.com/xnejrmEKQI — Matt Gaetz (@mattgaetz) August 21, 2024
McCarthy spent $3 million boosting Gaetz’s challenger, Aaron Dimmock, to no avail.
The Florida Republican twisted the knife by pointing out that he won by a larger margin than the previous primary.
“It’s traditional, in moments like these, with margins of victory like this, that you hear from your opponents. And I have not yet heard from Aaron Dimmock or Kevin McCarthy this evening,” Gaetz said to laughter.
“Kevin McCarthy spent $3 million in this race not attacking my votes or my work on your behalf but just simply trying to attack my character. $3 million. Two years ago, I got 70% of the vote, and tonight, it looks like we’re getting 73% of the vote,” he continued.
“So, Kevin, if you’re watching, spend a little more next time, and we’ll get to 80,” he quipped.
pic.twitter.com/0CTfKbHH99 — Matt Gaetz (@mattgaetz) August 21, 2024
The “revenge tour” referenced by Gaetz referred to McCarthy’s attempts to oust the eight Republican representatives who voted to oust him from the House speakership. Though he spent millions, he was only able to oust Rep. Bob Good (R-VA) after former President Donald Trump spoke out against him.
Gaetz led the effort to oust McCarthy, setting the two up as the most prominent intra-Republican rivalry.
RESULTS: Florida, Alaska, and Wyoming Primaries
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It’s Tuesday night, and that means Primary Night in America! This week, voters will head to the polls in three states: Florida, Wyoming, and Alaska.
First to close is Florida. Although Republican Sen. Rick Scott’s race is considered “Likely Republican” by most forecasters, including Decision Desk HQ/The Hill, it’s still seen as a main target for Democrats. Former Democratic Rep. Debbie Mucarsel-Powell, who represented Florida’s 26th Congressional District for only one term, is expected to be the Democratic nominee. She was replaced by Republican Rep. Carlos Gimenez after the 2020 election. Scott is also facing a couple of primary challengers, though will almost certainly win his primary.
Many of the Democratic primaries for U.S. House races are uncontested, though the race to watch may be with Florida’s 13th Congressional District, currently represented by Anna Paulina Luna, a Republican who replaced former Rep. Charlie Crist, who was then serving as a Democrat. Luna is running unopposed, but there’s a crowded Democratic primary of five candidates looking to challenge her for this “Likely Republican” race.
Two years ago, now former Rep. Liz Cheney lost the Republican primary to now Rep. Harriet Hageman for Wyoming’s at-large district. Although Hageman is facing former Democrat Steven Helling in her primary, she is expected to easily win.
Hageman unseated Cheney by almost 40 points in the August 2022 primary, with three other challengers also in that race.
The last race of the night is in Alaska, where there’s merely the U.S. House at-large race. Alaska uses rank choice, non-partisan jungle primaries, which has been heavily criticized, including as it applies to this year’s election. Alaska is also a heavy mail-in voting state.
There’s 12 candidates total with the top four advancing. Democratic Rep. Mary Peltola is heavily expected to advance, and she’s only facing one other Democrat: Eric Hafner. He’s actually in federal prison for making bomb threats and tried unsuccessfully to run in Oregon and Hawaii in previous years. There’s a mix of Republican, no party affiliation (NPA), Independent, and “other” candidates, including one who lives in and has tried to run in Arizona: Richard Grayson with the No Labels ticket.
Florida — polls close at 7:00 p.m. ET and 8:00p.m. ET
Wyoming — polls close at 9:00 p.m. et, alaska — polls close at 12:00 a.m. et, nyt: biden approved secret nuke strategy refocusing on china threat.
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President Biden approved in March a highly classified nuclear strategic plan for the United States that, for the first time, reorients America’s deterrent strategy to focus on China’s rapid expansion in its nuclear arsenal.
The shift comes as the Pentagon believes China’s stockpiles will rival the size and diversity of the United States’ and Russia’s over the next decade.
The White House never announced that Mr. Biden had approved the revised strategy, called the “Nuclear Employment Guidance,” which also newly seeks to prepare the United States for possible coordinated nuclear challenges from China, Russia and North Korea. The document, updated every four years or so, is so highly classified that there are no electronic copies, only a small number of hard copies distributed to a few national security officials and Pentagon commanders.
But in recent speeches, two senior administration officials were allowed to allude to the change — in carefully constrained, single sentences — ahead of a more detailed, unclassified notification to Congress expected before Mr. Biden leaves office.
“The president recently issued updated nuclear-weapons employment guidance to account for multiple nuclear-armed adversaries,” Vipin Narang, an M.I.T. nuclear strategist who served in the Pentagon, said earlier this month before returning to academia. “And in particular,” he added, the weapons guidance accounted for “the significant increase in the size and diversity” of China’s nuclear arsenal.
In June, the National Security Council’s senior director for arms control and nonproliferation, Pranay Vaddi, also referred to the document, the first to examine in detail whether the United States is prepared to respond to nuclear crises that break out simultaneously or sequentially, with a combination of nuclear and nonnuclear weapons.
The new strategy, Mr. Vaddi said, emphasizes “the need to deter Russia, the PRC and North Korea simultaneously,” using the acronym for the People’s Republic of China.
In the past, the likelihood that American adversaries could coordinate nuclear threats to outmaneuver the American nuclear arsenal seemed remote. But the emerging partnership between Russia and China, and the conventional arms North Korea and Iran are providing to Russia for the war in Ukraine have fundamentally changed Washington’s thinking.
Already, Russia and China are conducting military exercises together. Intelligence agencies are trying to determine whether Russia is aiding the North Korean and Iranian missile programs in return.
The new document is a stark reminder that whoever is sworn in next Jan. 20 will confront a changed and far more volatile nuclear landscape than the one that existed just three years ago. President Vladimir V. Putin of Russia has repeatedly threatened the use of nuclear weapons against Ukraine, including during a crisis in October 2022, when Mr. Biden and his aides, looking at intercepts of conversations between senior Russian commanders, feared the likelihood of nuclear use might rise to 50 percent or even higher.
Mr. Biden, along with leaders of Germany and Britain, got China and India to make public statements that there was no role for the use of nuclear weapons in Ukraine, and the crisis abated, at least temporarily.
“It was an important moment,” Richard N. Haass, a former senior State Department and National Security Council official for several Republican presidents, and the president emeritus of the Council on Foreign Relations, noted in an interview. “We are dealing with a Russia that is radicalized; the idea that nukes wouldn’t be used in a conventional conflict is not longer a safe assumption.”
The second big change arises from China’s nuclear ambitions. The country’s nuclear expansion is running at an even faster pace than American intelligence officials anticipated two years ago, driven by President Xi Jinping’s determination to scrap the decades-long strategy of maintaining a “minimum deterrent” to reach or exceed the size of Washington’s and Moscow’s arsenals. China’s nuclear complex is now the fastest growing in the world.
Although former President Donald J. Trump confidently predicted that Kim Jong-un, the North Korean leader, would surrender his nuclear weapons after their three in-person meetings, the opposite happened. Mr. Kim has doubled down, and now has more than 60 weapons, officials estimate, and the fuel for many more.
That expansion has changed the nature of the North Korean challenge: When the country possessed just a handful of weapons, it could be deterred by missile defenses. But its expanded arsenal is fast approaching the size of Pakistan’s and Israel’s, and it is large enough that it could, in theory, coordinate threats with Moscow and Beijing.
It was only a matter of time before a fundamentally different nuclear environment began to alter American war plans and strategy, officials say.
“It is our responsibility to see the world as it is, not as we hoped or wished it would be,” Mr. Narang said as he was leaving the Pentagon. “It is possible that we will one day look back and see the quarter-century after the Cold War as nuclear intermission.”
The new challenge is “the real possibility of collaboration and even collusion between our nuclear-armed adversaries,” he said.
So far in the presidential campaign, the new challenges to American nuclear strategy have not been a topic of debate. Mr. Biden, who spent much of his political career as an advocate of nuclear nonproliferation, has never publicly talked in any detail about how he is responding to the challenges of deterring China’s and North Korea’s expanded forces. Nor has Vice President Kamala Harris, now the Democratic Party’s nominee.
At his last news conference in July, just days before he announced he would no longer seek the Democratic nomination for a second term, Mr. Biden acknowledged that he had adopted a policy of seeking ways to interfere in the broader China-Russia partnership.
“Yes, I do, but I’m not prepared to talk about the detail of it in public,” Mr. Biden said. He made no reference to — and was not asked about — how that partnership was altering American nuclear strategy.
Since Harry Truman’s presidency, that strategy has been overwhelmingly focused on the Kremlin’s arsenal. Mr. Biden’s new guidance suggests how quickly that is shifting.
China was mentioned in the last nuclear guidance, issued at the end of the Trump administration, according to an unclassified account provided to Congress in 2020. But that was before the scope of Mr. Xi’s ambitions was understood.
The Biden strategy sharpens that focus to reflect the Pentagon’s estimates that China’s nuclear force would expand to 1,000 by 2030 and 1,500 by 2035, roughly the numbers that the United States and Russia now deploy. In fact, Beijing now appears ahead of that schedule, officials say, and has begun loading nuclear missiles into new silo fields that were spotted by commercial satellites three years ago.
There is another concern about Beijing: It has now halted a short-lived conversation with the United States about improving nuclear safety and security — for example, by agreeing to warn each other of impending missile tests, or setting up hotlines or other means of communication to assure that incidents or accidents do not escalate into nuclear encounters.
One discussion between the two countries took place late last fall, just before Mr. Biden and Mr. Xi met in California, where they sought to repair relations between the two countries. They referred to those talks in a joint statement, but by that time the Chinese had already hinted they were not interested in further discussions, and earlier this summer said the conversations were over. They cited American arms sales to Taiwan, which were underway long before the nuclear safety conversations began.
Mallory Stewart, the assistant secretary for arms control, deterrence and stability at the State Department, said in an interview that the Chinese government was “actively preventing us from having conversations about the risks.”
Instead, she said, Beijing “seems to be taking a page out of Russia’s playbook that, until we address tensions and challenges in our bilateral relationship, they will choose not to continue our arms control, risk reduction and nonproliferation conversations.”
It was in China’s interest, she argued, “to prevent these risks of miscalculation and misunderstanding.”
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Anti-Israel demonstrations continued through the second night of the Democratic National Convention, with protesters burning an American flag and chanting “Free Palestine” outside a building in Chicago that houses the Israeli consulate.
Officers handcuffed at least four people from the demonstration and led them away after protesters charged a line of police officers, who pushed the demonstrators back.
A small crowd of a few dozen protesters chanted “Let them go!” after police penned demonstrators in on the street, preventing them from marching. Some carried Palestinian flags, while many others wore black and covered their faces.
Chicago — “F—k this country! Burn it down!” Masked far-left DNC protesters outside the Israeli consulate burn an American flag and call for the violent destruction of the United States. pic.twitter.com/FbKv2WVsCk — Andy Ngô 🏳️🌈 (@MrAndyNgo) August 21, 2024
Dozens of Chicago police officers were posted outside the building, where law enforcement had closed down most of the entrances to the building on Tuesday, allowing commuters to come in only one entrance where armed officers were also posted.
Later, riot police moved in to prevent protesters from marching forward and to move media back. A cat-and-mouse game persisted for at least 30 minutes between police and protesters who attempted to evade officers and cut down side streets. Protesters were thwarted every time by officers.
Pro-Palestine protesters clash with police in an attempt to march on the Israeli consulate. pic.twitter.com/zWaPU6SdHK — TENET Media (@watchTENETnow) August 21, 2024
Chicago police eventually ordered the crowd to disperse as they cornered protesters in a small plaza at Canal Street and Monroe Street before arresting some of the instigators. Officers were seen confiscating a megaphone and placing zip ties on at least five people.
A large police remained present hours after the demonstrations began.
The scenes came as the celebratory roll call for Kamala Harris was taking place inside the United Center about two miles away.
Israel supporters, including some relatives of people kidnapped by Hamas, gathered earlier in the day at a pro-Israel art installation not far from the consulate to call on U.S. leaders to continue backing Israel and pushing for the release of hostages.
More protests were planned throughout the week. However, attendance at the main rally on Monday was far below estimates of organizers who had predicted more than 20,000 would show up.
Authorities said the inner security perimeter surrounding the United Center was not breached and there was no threat to those attending the convention.
Trump Says He’s Open to Giving RFK Jr. Role in Administration If He’s Endorsed
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Former President Donald Trump said he would “certainly” consider giving independent presidential candidate Robert F. Kennedy Jr. a position in his administration in return for an endorsement.
In an interview with CNN’s Kristen Holmes, Trump was asked about recent comments from Kennedy’s running mate, Nicole Shanahan, which appeared to take him off guard.
“Well, we haven’t, but I’d love that endorsement,” he responded when asked whether he had considered Kennedy for a role in his administration.
“You’re asking me a very unusual question. I haven’t been asked that question yet,” Trump said, smiling when pressed on the question.
“I like him. I respect him a lot. I probably would if something like that were to happen. He’s a very different kind of guy — a very smart guy. And, yeah, I would be honored by that endorsement, certainly.”
“He’s a brilliant guy. He’s a very smart guy. I’ve known him for a very long time,” the former president added. “I didn’t know he was thinking about getting out, but if he is thinking about getting out, certainly I’d be open to it.”
Reporter: Would you consider putting RFK Jr in your administration? Trump: I probably would pic.twitter.com/Sgsnq1vKeI — Acyn (@Acyn) August 20, 2024
He dismissed concerns that appointing Kennedy would anger his Republican supporters.
“I like smart people, and Republicans like me,” Trump said.
The former president also acknowledged that the dynamics of the race had changed since President Joe Biden dropped out but maintained that his strategy hadn’t changed.
“I’m leading in the polls but not by as much,” he said. “But regardless of that, my whole thing doesn’t change. We don’t want crime. We want to have a strong military. We’ve got to stop drugs from coming in. We have to stop people from pouring into our country through an open border.”
In a Tuesday appearance on Tom Bilyeu’s Impact Theory podcast, Shanahan openly flirted with the idea of “joining forces” with Trump in order to stop a Harris presidency.
“There’s two options that we’re looking at, and one is staying in, forming that new party, but we run the risk of a Kamala Harris and Walz presidency because we draw more votes from Trump,” she said. “Or we walk away right now and join forces with Donald Trump and explain to our base why we’re making this decision.”
Kennedy mainly hurt President Joe Biden’s election chances in previous months, but the switching of the nominee to Vice President Kamala Harris flipped the script to mainly hurt Trump’s.
Barron Trump Will Go to College in New York
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Barron Trump, the youngest member of the Trump family, will attend a university in New York this fall, former President Donald Trump told The Post.
“He’s all set in a certain school that’s very good,” the former president said in an exclusive interview before his campaign stop in Michigan.
The 45th president said the school is in the Empire State, but that his team would be making an announcement about the specific school “soon.”
Trump smiled when The Post asked him if it was NYU, but maintained that he would not reveal the school until the announcement is live.
“He’s always been a very good student, he’s smart,” he said.
Barron Trump, 18, graduated from high school in May. His father previously said he got into several schools and was making a decision.
Trump has said that his 6-foot-7 son takes interest in politics and even sometimes advises him on what to do.
“He’s a little on the tall side. I will tell you, he’s a tall one, but he is a good-looking guy. And he’s really been a great student. And he does like politics. It’s sort of funny,” Trump told “Kayal and Company” on Philadelphia’s Talk Radio 1210 WPHT.
“He’ll tell me sometimes, ‘Dad, this is what you have to do,’” Trump said in May.
The former president attended Barron’s graduation at Oxbridge Academy in West Palm Beach alongside former first lady Melania Trump in May after he got permission to take a break from his “hush money” trial in Manhattan.
The teen was also present at a Trump Florida campaign rally, but did not attend his father’s presidential nomination at the Republican National Convention in July after Melania’s office said he had “prior commitments.”
Another member of the Trump family, Donald Trump Jr.’s daughter Kai, also recently announced her university decision, revealing she ill be attending the University of Miami.
Kai, 17, spoke at the RNC and gave a glowing review of her grandfather on stage.
The former president graduated from the University of Pennsylvania in 1968 with a major in economics.
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Kickstart Your Business Success with Our Free Excel Business Plan Template
Charting a path to success for your business can be overwhelming, especially when it comes to organizing and managing the myriad elements that constitute a business plan. That’s why we’re thrilled to introduce our free, comprehensive Business Plan Excel template. With multiple, integrated sheets for every facet of your planning needs, this template streamlines your strategic process, saving you time and effort.
What Is Included in Our Sample Business Plan Template in Excel?
Our Excel business plan template is meticulously designed and includes the following components:
- Sales Planning / Forecasting Template : This template enables you to plan product-wise and year-wise sales. By analyzing trends over the previous two years, you can forecast sales for the coming year and make informed business decisions.
- Profit and Loss Template : This sheet will help you track your revenues, costs, and expenses to determine your business’s profitability over a period of time.
- Balance Sheet Template : It provides a snapshot of your company’s financial position at a particular moment, illustrating what the company owns (assets) and owes (liabilities), and the amount invested by shareholders (equity).
- Cash Flow Template : With this, you can manage your cash position by tracking the inflow and outflow of cash in your business. This template helps in monitoring your liquidity and understanding if you have enough cash to cover your expenses.
- Budget Template : This facilitates the allocation and tracking of financial resources, ensuring you don’t overspend and stay on the right financial track.
- Break-Even Analysis Template : This crucial template calculates the point where your total cost equals your total revenue. Understanding your break-even point can help guide pricing strategy, monitor efficiency, and make profitable business decisions.
How to Use the Excel Business Plan Template?
Using our comprehensive Excel business plan template is simple:
- Download the Template : Start by downloading our free Business Plan Excel template.
- Input Your Data : Enter your business data into each sheet. Each section comes with clear instructions on what information is needed.
- Analyze and Plan : Use the data you’ve entered to analyze your current business situation, make projections, and develop strategic plans.
- Update Regularly : As your business evolves, so should your business plan. Regularly update the data in the template to keep your plan relevant and responsive to your business’s changing circumstances.
Why Use the Excel Business Plan Template?
Our Excel business plan template offers a host of benefits:
- Comprehensive : It covers every aspect of your business plan, eliminating the need for multiple documents or programs.
- Easy to Use : The template is designed to be user-friendly, making it easy for anyone, regardless of their familiarity with Excel.
- Customizable : The template can be modified to suit the specific needs and nature of your business.
- Effective Visualization : The template includes graphs and charts, transforming your data into a visual format that’s easier to understand and present.
- Free : Our template is completely free, making it a cost-effective solution for business planning.
In conclusion, our Excel business plan template simplifies the planning process by consolidating all elements of a business plan into a single, comprehensive document. Whether you’re drafting your first business plan or refining an existing one, this template can be an invaluable tool. So, download our free Excel business plan template today and embark on a strategic journey to business success!
Users of This Free Business Plan Template
The Excel Business Plan Template is designed for a wide variety of users who need to develop a structured and strategic approach to their business planning. Here’s a list of individuals and entities who could greatly benefit from using this template:
- Entrepreneurs and Startups : If you’re in the initial stages of starting a business, this template can help you plan, analyze, and forecast various aspects of your business such as sales, finances, and cash flow.
- Small Business Owners : For existing small businesses, this template can help monitor performance, manage finances, and plan for future growth.
- Financial Analysts and Managers : These professionals can use this template to gain insights into the financial health of a business, plan budgets, and conduct break-even analysis.
- Freelancers and Solopreneurs : Even if you’re a one-person business, this template can help keep track of your finances, forecast your revenue, and manage your cash flow efficiently.
- Consultants and Business Advisors : These individuals can utilize the template to assist their clients in developing business plans, improving financial management, and setting strategic goals.
- Non-profit Organizations : Even though their goals might not be profit-oriented, non-profit organizations can also benefit from this template to manage their finances, plan budgets, and conduct break-even analysis for their fundraising events or projects.
Remember, the key to leveraging this tool effectively is to customize it to the unique needs and circumstances of your business or project. No matter your industry or the size of your business, our Excel Business Plan Template can be a valuable tool in your strategic planning toolkit.
Download this Business Plan template in Excel Format
Our easy to use editable Excel templates and save your significant amount of time and effort. Here’s how to download and use one of our templates:
Download this free Excel Template : Once you’ve browsed through our collection of templates and find the one that best fits your needs. Once you’ve found the template you want, click on the download button.
Replace sample data with your actual data: Once the template is downloaded, open it in Excel. You’ll see that it is already set up with sample data. To start analyzing your own data, simply replace the sample data with your actual data.
Customize the template: Our templates are completely editable, which means you can customize them to fit your specific needs. For example, you can change the formatting, add or remove columns, or create new charts and graphs.
Use the Excel template: Once you’ve fed in your data and customized the template, you’re ready to start using it for data analysis. Use the various tools and features of Excel to analyze and visualize your data, and make informed business decisions.
Save and share: Once you’ve finished working on the template, save it to your computer and share it with other members of your team or stakeholders as needed.
Click Download Button To Get Business Plan Excel Template
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Business Plan Template
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One advantage of using professional Excel templates is that they are often designed by experienced professionals who understand best practices for data management and visualization. This means that the templates are likely to be well-organized, easy to understand, and aesthetically pleasing, which can make working with them more efficient and enjoyable.
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Overall, free editable professional Excel templates can be a valuable resource for anyone looking to improve their data management and analysis skills. By providing a pre-designed and customizable framework for storing, organizing, and visualizing data, these templates can help users save time and make more informed decisions.
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Powerful business plan templates
Plan for the future, no matter what your business plans are or the size of your business with these designs and templates. whether it's just one big project or an entire organization's worth of dreams, these templates will keep you and your company on track from ideation to completion..
![excel business plan example business cards photo](https://create.microsoft.com/_next/image?url=https%3A%2F%2Fdsgrcdnblobprod5u3.azureedge.net%2Fimages%2Fcollections%2Fbusiness-plans.webp&w=1920&q=75)
Put your ideas to work with simple templates for every business plan
Every successful business took a lot of planning to get there, and these templates will be cornerstones of your future success. Whether you're looking to attract new business, pitch your services or reimagine your company, with these simple, customizable templates at your fingertips you can turn complexity into something tangible. These templates can become marketing assets or simply remain internal touchpoints for your team. And as your dreams change, you'll always have this template to refer to – it's easy to change what exists on paper. If you're a small business, focusing on your niche can help you dominate in your field, and you can forge a plan to figure out exactly what that niche might be and how to target your ideal customer . When it's time to share your vision with stakeholders, craft a presentation that outlines your plan succinctly and with style. Let these templates from Microsoft Designer be your partner in business strategy for years to come.
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10 Free Business Plan Templates in Word, Excel, & ClickUp
Praburam Srinivasan
Growth Marketing Manager
February 13, 2024
Turning your vision into a clear and coherent business plan can be confusing and tough.
Hours of brainstorming and facing an intimidating blank page can raise more questions than answers. Are you covering everything? What should go where? How do you keep each section thorough but brief?
If these questions have kept you up at night and slowed your progress, know you’re not alone. That’s why we’ve put together the top 10 business plan templates in Word, Excel, and ClickUp—to provide answers, clarity, and a structured framework to work with. This way, you’re sure to capture all the relevant information without wasting time.
And the best part? Business planning becomes a little less “ugh!” and a lot more “aha!” 🤩
What is a Business Plan Template?
What makes a good business plan template, 1. clickup business plan template, 2. clickup sales plan template, 3. clickup business development action plan template, 4. clickup business roadmap template, 5. clickup business continuity plan template, 6. clickup lean business plan template, 7. clickup small business action plan template, 8. clickup strategic business roadmap template , 9. microsoft word business plan template by microsoft, 10. excel business plan template by vertex42.
![excel business plan example Avatar of person using AI](https://images.ctfassets.net/w8fc6tgspyjz/3HpcGsS4tgza39AAiD0iBQ/da83171e45b3e6bb5ab2bd3320e18aba/ai-widget-avatar.png)
A business plan template is a structured framework for entrepreneurs and business executives who want to create business plans. It comes with pre-arranged sections and headings that cover key elements like the executive summary , business overview, target customers, unique value proposition, marketing plans, and financial statements.
A good business plan template helps with thorough planning, clear documentation, and practical implementation. Here’s what to look for:
- Comprehensive structure: A good template comes with all the relevant sections to outline a business strategy, such as executive summary, market research and analysis, and financial projections
- Clarity and guidance: A good template is easy to follow. It has brief instructions or prompts for each section, guiding you to think deeply about your business and ensuring you don’t skip important details
- Clean design: Aesthetics matter. Choose a template that’s not just functional but also professionally designed. This ensures your plan is presentable to stakeholders, partners, and potential investors
- Flexibility : Your template should easily accommodate changes without hassle, like adding or removing sections, changing content and style, and rearranging parts 🛠️
While a template provides the structure, it’s the information you feed it that brings it to life. These pointers will help you pick a template that aligns with your business needs and clearly showcases your vision.
10 Business Plan Templates to Use in 2024
Preparing for business success in 2024 (and beyond) requires a comprehensive and organized business plan. We’ve handpicked the best templates to help you guide your team, attract investors, and secure funding. Let’s check them out.
![excel business plan example ClickUp Business Plan Template](https://clickup.com/blog/wp-content/uploads/2023/09/31e593e4-1000.png)
If you’re looking to replace a traditional business plan document, then ClickUp’s Business Plan Template is for you!
This one-page business plan template, designed in ClickUp Docs , is neatly broken down into the following sections:
- Company description : Overview, mission, vision, and team
- Market analysis : Problem, solution, target market, competition, and competitive advantage
- Sales and marketing strategy : Products/services and marketing channels
- Operational plan : Location and facilities, equipment and tools, manpower, and financial forecasts
- Milestones and metrics: Targets and KPIs
Customize the template with your company logo and contact details, and easily navigate to different sections using the collapsible table of contents. The mini prompts under each section guide you on what to include—with suggestions on how to present the data (e.g., bullet lists, pictures, charts, and tables).
You can share the document with anyone via URL and collaborate in real time. And when the business plan is ready, you have the option to print it or export it to PDF, HTML, or Markdown.
But that’s not all. This template is equipped with basic and enterprise project management features to streamline the business plan creation process . The Topics List view has a list of all the different sections and subsections of the template and allows you to assign it to a team member, set a due date, and attach relevant documents and references.
Switch from List to Board view to track and update task statuses according to the following: To Do, In Progress, Needs Revision, and Complete.
This template is a comprehensive toolkit for documenting the different sections of your business plan and streamlining the creation process to ensure it’s completed on time. 🗓️
![excel business plan example ClickUp Sales Plan Template](https://clickup.com/blog/wp-content/uploads/2023/08/ClickUp-Sales-Plan-Template.jpg)
If you’re looking for a tool to kickstart or update your sales plan, ClickUp’s Sales Plan Template has got you covered. This sales plan template features a project summary list with tasks to help you craft a comprehensive and effective sales strategy. Some of these tasks include:
- Determine sales objectives and goals
- Draft positioning statement
- Perform competitive analysis
- Draft ideal customer persona
- Create a lead generation strategy
Assign each task to a specific individual or team, set priority levels , and add due dates. Specify what section of the sales plan each task belongs to (e.g., executive summary, revenue goals, team structure, etc.), deliverable type (such as document, task, or meeting), and approval state (like pending, needs revisions, and approved).
And in ClickUp style, you can switch to multiple views: List for a list of all tasks, Board for visual task management, Timeline for an overview of task durations, and Gantt to get a view of task dependencies.
This simple business plan template is perfect for any type of business looking to create a winning sales strategy while clarifying team roles and keeping tasks organized. ✨
![excel business plan example ClickUp Business Development Action Plan Template](https://clickup.com/blog/wp-content/uploads/2023/08/ClickUp-Business-Development-Action-Plan-Template.jpg)
Thinking about scaling your business’s reach and operations but unsure where or how to start? It can be overwhelming, no doubt—you need a clear vision, measurable goals, and an actionable plan that every member of your team can rally behind.
Thankfully, ClickUp’s Business Development Action Plan Template is designed to use automations to simplify this process so every step toward your business growth is clear, trackable, and actionable.
Start by assessing your current situation and deciding on your main growth goal. Are you aiming to increase revenue, tap into new markets, or introduce new products or services? With ClickUp Whiteboards or Docs, brainstorm and collaborate with your team on this decision.
Set and track your short- and long-term growth goals with ClickUp’s Goals , break them down into smaller targets, and assign these targets to team members, complete with due dates. Add these targets to a new ClickUp Dashboard to track real-time progress and celebrate small wins. 🎉
Whether you’re a startup or small business owner looking to hit your next major milestone or an established business exploring new avenues, this template keeps your team aligned, engaged, and informed every step of the way.
![excel business plan example ClickUp Business Roadmap Template](https://clickup.com/blog/wp-content/uploads/2022/12/ClickUp-Business-Roadmap-Template.png)
ClickUp’s Business Roadmap Template is your go-to for mapping out major strategies and initiatives in areas like revenue growth, brand awareness, community engagement, and customer satisfaction.
Use the List view to populate tasks under each initiative. With Custom Fields, you can capture which business category (e.g., Product, Operations, Sales & Marketing, etc.) tasks fall under and which quarter they’re slated for. You can also link to relevant documents and resources and evaluate tasks by effort and impact to ensure the most critical tasks get the attention they deserve. 👀
Depending on your focus, this template provides different views to show just what you need. For example, the All Initiatives per Quarter view lets you focus on what’s ahead by seeing tasks that need completion within a specific quarter. This ensures timely execution and helps in aligning resources effectively for the short term.
This template is ideal for business executives and management teams who need to coordinate multiple short- and long-term initiatives and business strategies.
![excel business plan example ClickUp Business Continuity Plan Template](https://clickup.com/blog/wp-content/uploads/2023/04/business-continuity.png)
In business, unexpected threats to operations can arise at any moment. Whether it’s economic turbulence, a global health crisis, or supply chain interruptions, every company needs to be ready. ClickUp’s Business Continuity Plan Template lets you prepare proactively for these unforeseen challenges.
The template organizes tasks into three main categories:
- Priorities: Tasks that need immediate attention
- Continuity coverage: Tasks that must continue despite challenges
- Guiding principles: Resources and protocols to ensure smooth operations
The Board view makes it easy to visualize all the tasks under each of these categories. And the Priorities List sorts tasks by those that are overdue, the upcoming ones, and then the ones due later.
In times of uncertainty, being prepared is your best strategy. This template helps your business not just survive but thrive in challenging situations, keeping your customers, employees, and investors satisfied. 🤝
![excel business plan example ClickUp Lean Business Plan Template](https://clickup.com/blog/wp-content/uploads/2023/09/ef61a2ba-1000.png)
Looking to execute your business plan the “lean” way? Use ClickUp’s Lean Business Plan Template . It’s designed to help you optimize resource usage and cut unnecessary steps—giving you better results with less effort.
In the Plan Summary List view, list all the tasks that need to get done. Add specific details like who’s doing each task, when it’s due, and which part of the Business Model Canvas (BMC) it falls under. The By Priority view sorts this list based on priorities like Urgent, High, Normal, and Low. This makes it easy to spot the most important tasks and tackle them first.
Additionally, the Board view gives you an overview of task progression from start to finish. And the BMC view rearranges these tasks based on the various BMC components.
Each task can further be broken down into subtasks and multiple checklists to ensure all related action items are executed. ✔️
This template is an invaluable resource for startups and large enterprises looking to maximize process efficiencies and results in a streamlined and cost-effective way.
![excel business plan example ClickUp Small Business Action Plan Template](https://clickup.com/blog/wp-content/uploads/2023/09/ClickUp-Construction-Action-Plan-Template.png)
The Small Business Action Plan Template by ClickUp is tailor-made for small businesses looking to transform their business ideas and goals into actionable steps and, eventually, into reality.
It provides a simple and organized framework for creating, assigning, prioritizing, and tracking tasks. And in effect, it ensures that goals are not just set but achieved. Through the native dashboard and goal-setting features, you can monitor task progress and how they move you closer to achieving your goals.
Thanks to ClickUp’s robust communication features like chat, comments, and @mentions, it’s easy to get every team member on the same page and quickly address questions or concerns.
Use this action plan template to hit your business goals by streamlining your internal processes and aligning team efforts.
![excel business plan example ClickUp Strategic Business Roadmap Template](https://clickup.com/blog/wp-content/uploads/2023/08/ClickUp-Strategic-Business-Roadmap-Template.jpg)
For larger businesses and scaling enterprises, getting different departments to work together toward a big goal can be challenging. The ClickUp Strategic Business Roadmap Template makes it easier by giving you a clear plan to follow.
This template is packaged in a folder and split into different lists for each department in your business, like Sales, Product, Marketing, and Enablement. This way, every team can focus on their tasks while collectively contributing to the bigger goal.
There are multiple viewing options available for team members. These include:
- Progress Board: Visualize tasks that are on track, those at risk, and those behind
- Gantt view: Get an overview of project timelines and dependencies
- Team view: See what each team member is working on so you can balance workloads for maximum productivity
While this template may feel overwhelming at first, the getting started guide offers a step-by-step breakdown to help you navigate it with ease. And like all ClickUp templates, you can easily customize it to suit your business needs and preferences.
![excel business plan example Microsoft Word Business Plan Template by Microsoft](https://clickup.com/blog/wp-content/uploads/2023/08/Microsoft-Word-Business-Plan-Template.jpg)
Microsoft’s 20-page traditional business plan template simplifies the process of drafting comprehensive business plans. It’s made up of different sections, including:
- Executive summary : Highlights, objectives, mission statement, and keys to success
- Description of business: Company ownership and legal structure, hours of operation, products and services, suppliers, financial plans, etc.
- Marketing: Market analysis, market segmentation, competition, and pricing
- Appendix: Start-up expenses, cash flow statements, income statements, sales forecast, milestones, break-even analysis, etc.
The table of contents makes it easy to move to different sections of the document. And the text placeholders under each section provide clarity on the specific details required—making the process easier for users who may not be familiar with certain business terminology.
![excel business plan example Excel Business Plan Template by Vertex42](https://clickup.com/blog/wp-content/uploads/2023/08/Excel-Business-Plan-Template.jpg)
No business template roundup is complete without an Excel template. This business plan template lets you work on your business financials in Excel. It comes with customizable tables, formulas, and charts to help you look at the following areas:
- Highlight charts
- Market analysis
- Start-up assets and expenses
- Sales forecasts
- Profit and loss
- Balance sheet
- Cash flow projections
- Break-even analysis
This Excel template is especially useful when you want to create a clear and visual financial section for your business plan document—an essential element for attracting investors and lenders. However, there might be a steep learning curve to using this template if you’re not familiar with business financial planning and using Excel.
Try a Free Business Plan Template in ClickUp
Launching and running a successful business requires a well-thought-out and carefully crafted business plan. However, the business planning process doesn’t have to be complicated, boring, or take up too much time. Use any of the above 10 free business plan formats to simplify and speed up the process.
ClickUp templates go beyond offering a solid foundation to build your business plans. They come with extensive project management features to turn your vision into reality. And that’s not all— ClickUp’s template library offers over 1,000 additional templates to help manage various aspects of your business, from decision-making to product development to resource management .
Sign up for ClickUp’s Free Forever Plan today to fast-track your business’s growth! 🏆
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Free Business Plan Template
One of the reasons that so many small businesses fail is that they don't do the necessary up front work to create an accurate and realistic business plan. Creating a business plan doesn't guarantee success, but the process of writing a plan is critical for any successful new business. It isn't our goal to try to tell you everything you need to know about creating a business plan. Instead, our goal is to make the process easier by providing a professionally designed business plan template that you can edit easily using Word and Excel .
![excel business plan example Business Plan Template](https://cdn.vertex42.com/WordTemplates/images/business-plan-template-word-excel.png)
License : Private Use (not for distribution or resale)
Authors : Jon Wittwer and Jim Wittwer
Update (7/22/2016) : We've added a basic break-even analysis worksheet to the companion Excel workbook.
Description
This template provides a business plan outline with sample questions, tables, and a working table of contents. It was created for newer versions of Word and Excel (Office 2007 or later) so that you can easily change the fonts and color scheme and the file will be compatible with the mobile and web-based Word & Excel apps.
It is best to use Excel for financial statements, data tables and charts. So, we have provided a companion Excel workbook with these sample financial statements and other tables and graphs that you can copy and paste into your Word document.
The companion workbook combines many of the different spreadsheets you can find on Vertex42.com, but customized specifically for inclusion in a business plan.
Using the Business Plan Template
Editing headings and table of contents.
Word allows you to assign format Styles to text and paragraphs, and we've designed the template to use these Styles for defining headings, sub-headings, and figure captions.
If you want to add a new section so that the Table of Contents updates correctly, just add a new heading in the body of the document and assign it the Heading 1 or Heading 2 style.
To update the Table of Contents, go to the References tab and within the Table of Contents group of buttons, click on Update Table and then "Update entire table."
Copy/Paste From Excel to Word
For simple tables, you can use Copy/Paste (Ctrl+c / Ctrl+v) to copy a table from Excel to Word. This will typically paste the data as a formatted and editable table in Word, though none of the formulas will be functional within Word (and the table will not be linked to Excel). If you don't want the table to be editable in Word, you can "Paste as a Picture" using Paste Special or by choosing the "Picture" option when you right-click in Word to paste the table.
Important : When you paste a chart object into your business plan, make sure to "Paste as a Picture" because pasting the chart as an embedded object means that the entire spreadsheet becomes embedded in your Word document (even though what you see is only the chart).
If you want to insert a table into Word as a "Linked Object" so that when you edit Excel, the table in Word will update automatically, you may have a more difficult time preserving the formatting of the original. However, at the least the entire spreadsheet won't be embedded within your business plan Word document.
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![excel business plan example Thumbnail - Business Startup Costs Template](https://cdn.vertex42.com/ExcelTemplates/Images/business-startup-costs_180.png)
Resources for Writing a Business Plan
- Write Your Business Plan at SBA.gov - Anybody starting a business should become familiar with the SBA (small business association). SBA.gov also has an online tool for creating a business plan .
- YouTube: How to Write a Business Plan - Business Wales (3 minutes) - This video offers a quick overview and tips for the essential parts of a business plan.
- YouTube: How to Write a Business Plan - Berkeley-Haas (71 minutes) - This presentation offers both the venture capitalist and entrepreneur perspective on how to write a business plan that can successfully attract funding.
- Write Your Business Plan at Entrepreneur.com - A book written by the staff of a company that should know what they are talking about.
- Sample Business Plans at bplans.com - Finding a business plan for similar businesses in your industry is a great way to get ideas for what to include in your plan. This site is a great resource for not only finding sample plans, but also for creating a business plan online using their step-by-step approach.
Other Free Business Plan Templates
- Business Planning Template Gallery at SCORE.org - This nonprofit organization (supported by the SBA) has provided expertise and free mentorship for millions of small business owners. They also have a useful collection of templates.
- Develop Your Business Plan at business.gov.au - This Australian Government site provides a really good business plan template for Word, including a detailed guide, questions to answer, and sample financial statements.
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Free Business Plan Template for Excel
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- October 31, 2023
![excel business plan example Business Plan Templates for Excel](https://static-web.upmetrics.co/wp-content/uploads/2023/10/23103012/Business-Plan-Templates-for-Excel.png)
With 1 in 8 people using Excel, I’d be hard-pressed to believe that anyone has never used it at some point in life.
While we have all used it at least once—be it for school homework, college assignments, or travel planning—we never really got the hang of it.
(Excel formulas are tough!)
Preparing a business plan from scratch using Excel is not a joke; we get that. That’s why we created this business plan template in Excel .
So, no more worrying about Excel formulas or plan structure—download the document and follow the instructions in the article for successful business planning.
Sounds good? Let’s start with understanding the pros and cons of using Excel for planning:
Pros and Cons of Using Excel for Business Plans
Before we head to discussing the Excel business plan template, let’s understand the pros and cons of using Excel for business planning:
- Free to use: MS Excel is 100% free for all its users, making it a cost-effective choice.
- Data Analysis: Excel is a powerful tool for performing various financial and data analyses and calculations.
- Collaboration: Collaborating with your team while working on a project using Excel is easier.
- Lack of automation: Excel may not help create dynamic business plans with automated features.
- Limited presentation: Excel cannot create an appealing business plan like a business plan software.
- Complex formulas: Excel’s formulas are complex and require a significant learning curve to master.
So these were the pros and cons. Let’s cut to the chase and discuss the key components of our free business plan Excel template.
Key Components of Our Excel Business Plan Template
It’s a fact—you cannot use Excel to create the entire plan from scratch, no! Excel is a powerful tool for complex calculations and analyses; let’s use it for that only.
So, we’ll use this business plan Excel template only to perform complex financial analyses and calculations—to prepare financial projections.
Following are the critical components of a good business plan template you must include in your financial plan:
1. Income Statement
The income statement is one of the key financial statements of your financial plan that highlights its profit and loss over a given period of time.
The critical components of your income statement include—revenue/sales, Cost of Goods Sold (COGS), operational costs, EBITDA, interest, and others.
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2. Balance Sheet
Your balance sheet is a statement that reports your company’s assets, liabilities, and shareholder equity, providing a snapshot of its financial position at a specific period of time.
The statement helping you calculate financial ratios includes the following:
- Assets—e.g. Inventory, cash, property.
- Liabilities—e.g. Accounts payable, loans, salaries to be paid.
- Owners equity—e.g. Capital investment/contribution.
3. Cash Flow Statement
The cash flow statement of your financial plan is the projection of your cash in and outflows over a certain period of time.
As one of three key components of your financial plan, the cash flow statement summarizes the amount of cash or cash equivalents entering or leaving your company.
4. Break-Even Analysis
A break-even analysis helps you determine the number of units you need to sell to cover all fixed and variable costs.
The break-even point is considered a measure of safety margin, and anything you sell beyond the point will result in profit.
While your balance sheet already highlights the assets, liabilities, and owner’s equity, assets are considered critical for investors to assess the company’s financial health. So, our simple business plan template (Excel) has a separate sheet for business assets.
6. Accounts Payable & Receivable
The accounts payable refer to the amount due to vendors or suppliers for services or goods received, whereas accounts receivable represent the money due to the company.
The increase or decrease in your accounts payable or receivable can be seen in your cash flow statement.
7. Working Capital
Working capital is the subtraction of your current liabilities from your current assets. As a critical element in identifying your company’s health, it helps investors understand if it has enough capital to pay employees and fund operations to meet short-term goals.
Download the Financial Forecast Template In Excel
We discussed all the critical statements to be covered in your financial plan. Now what? It’s time for you to download the financial forecast template and start preparing your financial plan.
Unlike other free Excel templates, this template has all the reports with the suggested revenue streams, expenses, and other details.
You can directly download and use the template to forecast cash flow, create balance sheets, and prepare income statements that provide detailed information about your revenue and expenses. So what are you waiting for?
How to Use an Excel Business Plan Template
We’re hoping you’ve already downloaded the business plan template. So, the question arises: How can this Excel template be used to prepare realistic forecasts?
Let’s get this over with:
Understand the template structure
Before you start planning, you must understand the structure of the financial portion of your business plan. Get a thorough review of the template and understand:
- What critical statements does it include?
- What are the revenue streams?
- What are considered to be assets and liabilities?
- What does the taxation structure look like?
And others. Once you thoroughly understand the structure, you can move ahead with the next step.
Analyze historical data
Financial forecasting is about assumptions—a lot of them, but accurate ones. If you’re a total stranger to financial forecasting, analyzing historical data will help you get off on the right foot.
Analyze the historical data and try to gain insights about your business financials:
- Monthly revenue over the last year?
- How much you’re spending on day-to-day operations?
- What is your sales growth rate? How fast is it increasing over time?
And others. These historical figures will be of massive help in the next step.
Make pre-assumptions
As I said before, financial forecasts heavily rely on certain assumptions like sales forecasts, operational expenses, revenue growth, and others.
So, in this step, you’ll make assumptions about these variables based on the historical data to make them realistic and accurate.
Prepare key financial reports
Once you have made pre-assumptions, it’s time to prepare forecasts. Don’t overwhelm yourself with a lot of numbers; start by preparing critical financial reports that include—a cash flow statement, balance sheet, and income statement.
Other statements of your plan rely heavily on these reports, so the process will become much easier after having prepared these three beforehand.
Monitor and track progress
After preparing your financial reports, the next step is timely monitoring these reports and tracking progress.
You can compare your assumptions with actual results to see if your projections are accurate and relevant to the changing market trends.
Analyzing metrics like customer acquisition rate, acquisition costs, net profit, and gross margin will help track progress.
If you follow these steps rigorously, you can surely make a decent plan to support your business strategies and achieve financial goals.
Still, it was just about financial planning. What about the entire business plan? Excel is a no-go for business planning; let’s see why.
How Excel may not be the best choice for business planning?
Since Excel doesn’t offer all the necessary features for business planning that a business plan software like Upmetrics would, it is not the tool to be used to create a comprehensive business plan.
Following are a few reasons why Excel may not be a better choice for business planning compared to a tool like Upmetrics:
- Limited features: Since it is not designed specifically for planning, it has limited business planning features compared to software like Upmetrics. A business planning software may include features like business plan builder, financial forecasting, and pitch deck creator.
- Limited collaboration: Everyone knows Excel isn’t the tool with the best collaboration features. Business plan software offers collaboration features, allowing multiple team members to work on a business plan simultaneously.
- No Automation: Upmetrics comes with many automation features like AI assistant and financial forecasting tool, helping entrepreneurs and small businesses save time and reduce human errors.
- No customizable templates: Upmetrics has 400+ business plan examples and templates that make it easier for new users to get started, which has not been the case with Excel.
These were just a few of many reasons why a planning tool is a better alternative than Excel to create a comprehensive plan to support their business strategy.
Improve Your Business Financial Plan with Upmetrics
I’d surely have recommended Excel for financial planning if you had asked maybe a decade ago.
Today? There’s no way Excel stands a chance when competing with a cutting-edge AI business planning solution like Upmetrics.
Upmetrics simplifies business planning with its library of business templates, financial forecasting tool, and AI-powered assistant, making it a much more efficient alternative to Excel.
What are you waiting for? Start planning today!
Make your plan in half the time & twice the impact with Upmetrics
Fill-in-the-blanks, AI-assistance, and automatic financials make it easy.
![excel business plan example crossline](https://static-web.upmetrics.co/wp-content/uploads/2023/10/crossline.png)
Frequently Asked Questions
How do i create a business plan in excel.
It’s challenging to draft an entire business plan in Excel. However, you can use Excel to create the financial portion of your plan using a free business plan Excel template. A ready-made template is always better and faster than preparing your financial reports from scratch.
Are there any alternatives to Excel for creating a business plan?
Yes, there are a few alternatives to Excel for creating a business plan. However, using a business plan software like Upmetrics would be a better alternative to creating a business plan than others.
Why should I use an Excel template for my business financial plan?
You cannot certainly master Excel formulas in one day, and preparing advanced financial reports from scratch means you must be very good at accounting, budgeting, and Excel sheets and ready to spare some intense hours.
So, considering the complexity of Excel—using a ready-made template seems like a great starting point for budding entrepreneurs with no financial planning experience.
Are there any free business plan templates available in Excel?
Although it’s tough to create the entire business plan in Excel from scratch, Upmetrics offers a free business plan Excel template to help you gain inspiration and make the financial portion of your business plan.
Can I share my financial plan online with others using Excel?
Yes, you can share your financial plan online with others using Excel. To share your document with others, simply click on the “Share with People” option and enter their email addresses, and you have shared the doc.
About the Author
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Ajay is a SaaS writer and personal finance blogger who has been active in the space for over three years, writing about startups, business planning, budgeting, credit cards, and other topics related to personal finance. If not writing, he’s probably having a power nap. Read more
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Business Plan
![excel business plan example resource preview](https://d1fa9n6k2ql7on.cloudfront.net/3DD4ZXGO90CXFMX1666898842.png)
Download and customize this and 500+ other business templates
Start here ⬇️
Voila! You can now download this Spreadsheet
How do you make a business plan for your startup? A business plan template, or company proforma, plots out the trajectory of your business based on its current restraints in order to map its projected future backed up by hard data. Below, we share how to use our Business Plan financial template (available in Microsoft Excel and Google Sheets) to save you hours of work as you launch your next venture.
Why do you need a business plan?
Mike Tyson once said, "Everyone has a plan until they get punched in the mouth." Business plans are important to raise money or grow quickly. They help you project your future revenues and profits, given a few critical assumptions. Your assumptions need to be real; otherwise, you'll be punched in the mouth when you launch. Our Business Plan template allows you to project your company's revenues across multiple subscriptions or services, as well as multiple products. The template helps to visualize your profits, capital expenditures or CAPEX, employee salaries, company expenses, and so on.
For subscriptions, we track the lifetime value, cost of acquisition, and lifetime period of your subscribers, as well as other subscription-focused metrics. For products our model allows you to take into account returns, marketplace fees, and other typical product-related expenses. To learn the step-by-step process of how to put together your own business plan to project your future profits, you can watch the explainer video above. Below, we dive into the spreadsheet model of the business plan template and how its core functionality works so you can easily create your own business plan.
Information tab
To begin using this business plan template, enter your company name and start year in the information tab. Anything in blue is a number needed to input. The validator checkbox can be checked once you are sure the data entered is absolutely correct. The static inputs are those that don't change over time. The dynamic inputs, like inflation rate, credit card fees, and rent increase rate are those that will likely change over time.
![excel business plan example resource image](https://d1fa9n6k2ql7on.cloudfront.net/6EOSHXXB2WXPSR11666899076.png)
This data is then visualized in the "Charts" tab to present your business plan to investors, partners, and potential customers with the expected trajectory of your company to demonstrate the value of your proposed subscription services, products, or other tangible services your business could provide.
Calculate subscription revenue
![excel business plan example resource image](https://d1fa9n6k2ql7on.cloudfront.net/FGSW87XP3O4UE2S1666200985.png)
LTQ and LTV of subscribers
When a user subscribes to your service, they subscribe for a number of quarters. This is called the Lifetime Quarter (LTQ) of the member. In this model, the subscriber is expected to pay the subscription fee for four quarters. At the end of the four quarters, we expect to pay a total lifetime value (LTV) of $300. In order to change the number of new subscribers that come in during a given quarter, you can edit the quarters at the top of the row. When this is done, the number will be bolded and in blue. This is so you know the number is different from the default you entered at the beginning.
![excel business plan example resource image](https://d1fa9n6k2ql7on.cloudfront.net/3DD4ZXGO90CXFMX1666898842.png)
Amortization
With our business plan amortization model, you can enter the new number of subscribers you expect each quarter, and we calculate the number of active subscribers that will remain on your platform. The number of active subscribers plateaus over time. This is because as new members join, other members cancel or churn. This makes your active subscribers flatten out. The amortization calculation is hidden, but you can see the numbers crunched with the drop-down to expand the rows. This amortization is the main difference between a product business plan and a subscriber business plan.
![excel business plan example resource image](https://d1fa9n6k2ql7on.cloudfront.net/CBAOWF864LNXAFS1666201188.png)
Unit expenses
The business plan also lists all the expenses that are most commonly associated with a subscription which you can edit and customize. A subscriber has two types of expenses: expenses related to when they join, such as advertising and marketing spend needed to gain each new subscriber. There are also expenses related to active subscribers, like support or operational expenses. You can also add expenses to fit your needs.
![excel business plan example resource image](https://d1fa9n6k2ql7on.cloudfront.net/T275GMBNHFR6NL91666201147.png)
Subscription services come with upfront capital investments to develop the software. These can be added in the "Other" section. If you expect to create a new version of your software five years down the line, make sure to add it to the timeline based on the year and quarter where you expect to begin development of the next service.
![excel business plan example resource image](https://d1fa9n6k2ql7on.cloudfront.net/LVDWW28JRMCJTIL1666201171.png)
At the bottom of the tab is the Yearly Summary of all the financial metrics listed above that summarizes the total gross revenue and total product expenses for the total operating income every year.
Present to investors
In the Summary tab, the business plan template presents all the numbers for all the subscription services and products the company offers. The business plan model calculates everything from profits to net income to contribution to CAPEX. It mixes subscriptions with products along with companywide expenses expected to experience over time.
![excel business plan example resource image](https://d1fa9n6k2ql7on.cloudfront.net/WS52J6RKH45406I1666201311.png)
Visualize data with charts
After you enter all the data for your company, product, and subscription tabs and Summary tabs, you will get all the visualizations we created to summarize the performance of your company to investors and partners. For example, we visualized the subscription's results over ten years on a quarterly model.
Further down, we do the same thing for all your products. Our business plan template allows you to separate multiple products and multiple subscriptions into one simple business plan. Plus, we have also modularized the data to easily pull the information you want to generate your own charts.
![excel business plan example resource image](https://d1fa9n6k2ql7on.cloudfront.net/MESXOACRVKWSXR31666898994.png)
Breakeven point and IRR
In the Summary tab, you can also track contributions towards CAPEX to see how, across time, you'll pay off your original capital expenditure to bring your company to reality. This is all represented at the bottom to learn in what year, and in what quarter, is your breakeven point. This breakeven point helps determine how many quarters it will take to get back all your investments and earn true profits. The IRR at the bottom then helps determine if this will be a profitable venture or not.
![excel business plan example resource image](https://d1fa9n6k2ql7on.cloudfront.net/BVW80BR75WY5HD91666898899.png)
Calculate product revenue
In addition to subscriptions, you can also calculate the future revenues of a product you want to sell as part of your business plan. At the top of the "Product" tab, enter the name of your product, marketplace fee and sales commissions, and the number of credit card transactions (same as for the subscription fee). Unique to a product as opposed to a subscription is that products have inventory fees, resale prices, and a cost to process a return.
![excel business plan example resource image](https://d1fa9n6k2ql7on.cloudfront.net/KTN2Z4ELW0EEVCU1666201073.png)
To project your future revenues, you can change the product price for any upcoming quarter going forward. You can also update the number of products sold each quarter over the next ten years.
Account for inflation and operational expenses
Our model adds inflation to each expense of the product or subscription. So for a single unit of a product, each sub-part cost is listed. This could be an ingredient list, like if you were selling a shampoo product. These costs are increased over time with the inflation tool for the most accurate measurement of future revenues and expenses. To turn off inflation, go to the information tab to increase or decrease the rate of inflation you expect.
You can also enter operational costs, like the processing, packaging, and shipping costs for each individual product, as well as marketing and advertising expenses for a single unit. All of these expenses are added up, along with the expected rate of returns, to generate your expected operating income. This is how much Product A will generate every quarter for the next 10 years.
Before you sell the product, there are also CAPEX expenses to account for. For example, you need to create the product with a product model, build relationships with suppliers, create the brand and packaging design, etc. All these capital expenditures are included in the CAPEX section, and everything is calculated for the year at the bottom in the Yearly Summary.
The "Expenses" tab of the business plan sheet calculates the total salary and bonus costs of every employee you'll need for your business. This is added to the company overhead, which includes transportation, office, and external expenses that are added to the CAPEX expenses needed to create the company for the overall overhead expenses.
Your company will need to hire multiple kinds of employees - marketers, designers, engineers, etc. To calculate how many companies will work at your company for the next ten years, you can count how many of each role you want to hire or fire every quarter for the next 10 years. Like other tabs, custom inputs become highlighted in blue once they are changed.
Per head, per role expenses
For each individual employee you plan to hire, you can enter their salary, bonuses, and cost of equipment for this employee to carry out their tasks. Once entered, our model does the math to calculate payroll taxes and everything else. The total workday expense for each employee can also be calculated. This includes the daily or weekly expenses provided to employees, like in-office food, drinks, and health supplies, as well as monthly amenities like healthcare, parking, and gym memberships. These are then calculated and listed below.
The same is calculated for any expense unrelated to employees, like office and rent expenses. Multiple offices can be listed along with per-year expenses like events and transportation or external expenses like PR, accounting, and legal fees for similar services, which are all calculated at the bottom for the total company overhead. The overall company expenses are added along with the company CAPEX at the bottom to account for everything needed to build the company. Similar to the subscription and product tabs, it can account for future expenses as well.
![excel business plan example resource image](https://d1fa9n6k2ql7on.cloudfront.net/C10NPR4O6LIFTX21666201290.png)
Why do you need a business plan template?
A business plan outlines your financial goals and explains how you plan to achieve them to share with investors, partners, or creditors. A well-constructed plan should cover all the key details about your business's goals, products or services, and most importantly, finances. A business plan template in Word isn't enough. You need strong calculations to back up your assumptions with a roadmap for the first three to five years at a minimum. Our proforma Business Plan template provides the analysis you need to prove your potential revenues outweigh your potential expenses to create a financially secure business for the foreseeable future.
To learn more about how to create your own business plan for a billion-dollar business, check out our explainer video on what additional elements need to go into your business plan (besides financial projections from a business plan proforma) to bootstrap a billion-dollar idea into reality.
Small Business Trends
How to create a business plan: examples & free template.
Whether you’re a seasoned entrepreneur or launching your very first startup, the guide will give you the insights, tools, and confidence you need to create a solid foundation for your business.
Table of Contents
How to write a business plan.
Executive summary.
It’s crucial to include a clear mission statement, a brief description of your primary products or services, an overview of your target market, and key financial projections or achievements.
Our target market includes environmentally conscious consumers and businesses seeking to reduce their carbon footprint. We project a 200% increase in revenue within the first three years of operation.
Overview and Business Objectives
Example: EcoTech’s primary objective is to become a market leader in sustainable technology products within the next five years. Our key objectives include:
Company Description
Example: EcoTech is committed to developing cutting-edge sustainable technology products that benefit both the environment and our customers. Our unique combination of innovative solutions and eco-friendly design sets us apart from the competition. We envision a future where technology and sustainability go hand in hand, leading to a greener planet.
Define Your Target Market
Market analysis.
The Market Analysis section requires thorough research and a keen understanding of the industry. It involves examining the current trends within your industry, understanding the needs and preferences of your customers, and analyzing the strengths and weaknesses of your competitors.
Our research indicates a gap in the market for high-quality, innovative eco-friendly technology products that cater to both individual and business clients.
SWOT Analysis
Including a SWOT analysis demonstrates to stakeholders that you have a balanced and realistic understanding of your business in its operational context.
Competitive Analysis
Organization and management team.
Provide an overview of your company’s organizational structure, including key roles and responsibilities. Introduce your management team, highlighting their expertise and experience to demonstrate that your team is capable of executing the business plan successfully.
Products and Services Offered
This section should emphasize the value you provide to customers, demonstrating that your business has a deep understanding of customer needs and is well-positioned to deliver innovative solutions that address those needs and set your company apart from competitors.
Marketing and Sales Strategy
Discuss how these marketing and sales efforts will work together to attract and retain customers, generate leads, and ultimately contribute to achieving your business’s revenue goals.
Logistics and Operations Plan
Inventory control is another crucial aspect, where you explain strategies for inventory management to ensure efficiency and reduce wastage. The section should also describe your production processes, emphasizing scalability and adaptability to meet changing market demands.
We also prioritize efficient distribution through various channels, including online platforms and retail partners, to deliver products to our customers in a timely manner.
Financial Projections Plan
This forward-looking financial plan is crucial for demonstrating that you have a firm grasp of the financial nuances of your business and are prepared to manage its financial health effectively.
Income Statement
Cash flow statement.
A cash flow statement is a crucial part of a financial business plan that shows the inflows and outflows of cash within your business. It helps you monitor your company’s liquidity, ensuring you have enough cash on hand to cover operating expenses, pay debts, and invest in growth opportunities.
Section | Description | Example |
---|---|---|
Executive Summary | Brief overview of the business plan | Overview of EcoTech and its mission |
Overview & Objectives | Outline of company's goals and strategies | Market leadership in sustainable technology |
Company Description | Detailed explanation of the company and its unique selling proposition | EcoTech's history, mission, and vision |
Target Market | Description of ideal customers and their needs | Environmentally conscious consumers and businesses |
Market Analysis | Examination of industry trends, customer needs, and competitors | Trends in eco-friendly technology market |
SWOT Analysis | Evaluation of Strengths, Weaknesses, Opportunities, and Threats | Strengths and weaknesses of EcoTech |
Competitive Analysis | In-depth analysis of competitors and their strategies | Analysis of GreenTech and EarthSolutions |
Organization & Management | Overview of the company's structure and management team | Key roles and team members at EcoTech |
Products & Services | Description of offerings and their unique features | Energy-efficient lighting solutions, solar chargers |
Marketing & Sales | Outline of marketing channels and sales strategies | Digital advertising, content marketing, influencer partnerships |
Logistics & Operations | Details about daily operations, supply chain, inventory, and quality control | Partnerships with manufacturers, quality control |
Financial Projections | Forecast of revenue, expenses, and profit for the next 3-5 years | Projected growth in revenue and net profit |
Income Statement | Summary of company's revenues and expenses over a specified period | Revenue, Cost of Goods Sold, Gross Profit, Net Income |
Cash Flow Statement | Overview of cash inflows and outflows within the business | Net Cash from Operating Activities, Investing Activities, Financing Activities |
Tips on Writing a Business Plan
4. Focus on your unique selling proposition (USP): Clearly articulate what sets your business apart from the competition. Emphasize your USP throughout your business plan to showcase your company’s value and potential for success.
FREE Business Plan Template
To help you get started on your business plan, we have created a template that includes all the essential components discussed in the “How to Write a Business Plan” section. This easy-to-use template will guide you through each step of the process, ensuring you don’t miss any critical details.
What is a Business Plan?
Why you should write a business plan.
Understanding the importance of a business plan in today’s competitive environment is crucial for entrepreneurs and business owners. Here are five compelling reasons to write a business plan:
What are the Different Types of Business Plans?
Type of Business Plan | Purpose | Key Components | Target Audience |
---|---|---|---|
Startup Business Plan | Outlines the company's mission, objectives, target market, competition, marketing strategies, and financial projections. | Mission Statement, Company Description, Market Analysis, Competitive Analysis, Organizational Structure, Marketing and Sales Strategy, Financial Projections. | Entrepreneurs, Investors |
Internal Business Plan | Serves as a management tool for guiding the company's growth, evaluating its progress, and ensuring that all departments are aligned with the overall vision. | Strategies, Milestones, Deadlines, Resource Allocation. | Internal Team Members |
Strategic Business Plan | Outlines long-term goals and the steps to achieve them. | SWOT Analysis, Market Research, Competitive Analysis, Long-Term Goals. | Executives, Managers, Investors |
Feasibility Business Plan | Assesses the viability of a business idea. | Market Demand, Competition, Financial Projections, Potential Obstacles. | Entrepreneurs, Investors |
Growth Business Plan | Focuses on strategies for scaling up an existing business. | Market Analysis, New Product/Service Offerings, Financial Projections. | Business Owners, Investors |
Operational Business Plan | Outlines the company's day-to-day operations. | Processes, Procedures, Organizational Structure. | Managers, Employees |
Lean Business Plan | A simplified, agile version of a traditional plan, focusing on key elements. | Value Proposition, Customer Segments, Revenue Streams, Cost Structure. | Entrepreneurs, Startups |
One-Page Business Plan | A concise summary of your company's key objectives, strategies, and milestones. | Key Objectives, Strategies, Milestones. | Entrepreneurs, Investors, Partners |
Nonprofit Business Plan | Outlines the mission, goals, target audience, fundraising strategies, and budget allocation for nonprofit organizations. | Mission Statement, Goals, Target Audience, Fundraising Strategies, Budget. | Nonprofit Leaders, Board Members, Donors |
Franchise Business Plan | Focuses on the franchisor's requirements, as well as the franchisee's goals, strategies, and financial projections. | Franchise Agreement, Brand Standards, Marketing Efforts, Operational Procedures, Financial Projections. | Franchisors, Franchisees, Investors |
Using Business Plan Software
Upmetrics provides a simple and intuitive platform for creating a well-structured business plan. It features customizable templates, financial forecasting tools, and collaboration capabilities, allowing you to work with team members and advisors. Upmetrics also offers a library of resources to guide you through the business planning process.
Software | Key Features | User Interface | Additional Features |
---|---|---|---|
LivePlan | Over 500 sample plans, financial forecasting tools, progress tracking against KPIs | User-friendly, visually appealing | Allows creation of professional-looking business plans |
Upmetrics | Customizable templates, financial forecasting tools, collaboration capabilities | Simple and intuitive | Provides a resource library for business planning |
Bizplan | Drag-and-drop builder, modular sections, financial forecasting tools, progress tracking | Simple, visually engaging | Designed to simplify the business planning process |
Enloop | Industry-specific templates, financial forecasting tools, automatic business plan generation, unique performance score | Robust, user-friendly | Offers a free version, making it accessible for businesses on a budget |
Tarkenton GoSmallBiz | Guided business plan builder, customizable templates, financial projection tools | User-friendly | Offers CRM tools, legal document templates, and additional resources for small businesses |
Business Plan FAQs
What is a good business plan.
A good business plan is a well-researched, clear, and concise document that outlines a company’s goals, strategies, target market, competitive advantages, and financial projections. It should be adaptable to change and provide a roadmap for achieving success.
What are the 3 main purposes of a business plan?
Can i write a business plan by myself, is it possible to create a one-page business plan.
Yes, a one-page business plan is a condensed version that highlights the most essential elements, including the company’s mission, target market, unique selling proposition, and financial goals.
How long should a business plan be?
What is a business plan outline, what are the 5 most common business plan mistakes, what questions should be asked in a business plan.
A business plan should address questions such as: What problem does the business solve? Who is the specific target market ? What is the unique selling proposition? What are the company’s objectives? How will it achieve those objectives?
What’s the difference between a business plan and a strategic plan?
How is business planning for a nonprofit different.
Create a business plan
You've been dreaming of starting your own business. You've started with some concrete steps, and you're ready to put your proposal together. But how do you start, and how do you know when you have the right information?
How to get it done
Create a business plan with templates in Word:
![excel business plan example Your browser does not support video. Install Microsoft Silverlight, Adobe Flash Player, or Internet Explorer 9.](https://support.content.office.net/en-us/media/4873755a-8b1e-497e-bc54-101d1e75d3e7.png)
Start with a template
Download these templates from the Office Templates site to create your plan:
Fill in your Business plan .
Analyze your market with the Business market analysis template .
Detail your financials in a Financial plan .
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Business Plan Excel Template
Excel spreadsheet to prepare professional design business plans. Present your company with a printable and clear plan. With step-by-step guide.
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TEMPLATE DESCRIPTION
You have to prepare a business plan for your creditors and don’t know where to start. So here is our Business Plan Excel Template to help you all through the process.
Welcome to our Business Plan Template, the strategic roadmap for your 5-year startup success. Craft a proposal, secure funding, and ensure corporate sustainability with this comprehensive checklist.
Basically, Business plans usually target external actors like outside stakeholders, government agencies, lenders, clients, and investors. But they can also be internally focused in times of a new product or service development, opening a new factory or branch, organizational restructuring, and other key changes in a business.
This business plan template provides detailed guide to summarize the nature of your company. Additionally, you can easily display your business drivers with company descriptions, marketing strategies, organization, financial projections, and other background information directly in Excel.
![excel business plan example Business-Plan-Template-Someka-Excel-S01](https://www.someka.net/wp-content/uploads/2022/04/Business-Plan-Template-Someka-Excel-S01.png)
Our template fosters innovation and accountability, guiding your strategic decision-making . It addresses risk assessment, operations improvement, and profitability planning. Assess equity, valuation, and feasibility while emphasizing ownership, leadership, and resilience.
Business Plan Excel Template Features
Above all, our template offers a ready-to-use structure for a comprehensive business plan. With this tool, you will save a huge amount of time and energy with pre-defined sections and detailed guide.
In addition to a navigation menu, our template includes six main sections: 1. Cover, 2. Introduction, 3. Marketing, 4. Organization, 5. Financials, 6. Summary.
Navigation Menu
This menu helps you not only to move among the different sheets but also to track the preparation phase of the whole plan. So, under each main section, there are sub-category buttons to navigate through the relevant sheets. Also, you can easily track the completed sheets by using the little checkboxes on the left side of each sheet.
![excel business plan example Business-Plan-Template-Someka-Excel-S02](https://www.someka.net/wp-content/uploads/2022/04/Business-Plan-Template-Someka-Excel-S02.png)
The cover page is a ready-to-print sheet with the business name, contact info, report writers, and the date. The user may also change the logo by right-clicking and selecting the Change Picture option.
2. Introduction
Under this section of your business plan template, the Company Description and Products/Services sheets summarize the main info of the business such as name, mission, core values, legal structure, etc., as well as the main properties of its products or services.
3. Marketing
The marketing section of this business plan generator consists of six different marketing tools:
- Industry Analysis: This sheet gives a general outlook of the business industry.
- Target Market Analysis: You can define the target market of the business with geographic, demographic, psychographic, and behavioral levels.
- Competitive Analysis: You may make a competitive analysis by first defining the main factors and assigning an important point for each factor, and then giving scores for the business itself and the competitors for each factor. The overall weighted scores will be calculated automatically.
- Porter’s Five Forces Analysis: This section lets the user explain the competitive environment with the Power of Buyers, Power of Suppliers, Threat of New Entrants, Threat of Substitutes, and Competitive Rivalry.
![excel business plan example Business-Plan-Template-Someka-Excel-S03](https://www.someka.net/wp-content/uploads/2022/04/Business-Plan-Template-Someka-Excel-S03.png)
- SWOT Analysis: You can evaluate a business from internal (Strengths & Weakness) and external (Opportunities & Threats) aspects.
- Distribution : This section gives the main idea about the distribution channels of the business in your plan template.
4. Organization
This sheet displays the organization and management prospects of the company. The first part is for the key managers of the business, with name, position, and expertise area. Meanwhile, the second part is to define the human resources structure of the company. You will give the estimated personnel number and the average salary for each department, and the template calculates the total estimated costs for human resources.
This template will help your innovation and improvement process in your organization.
5. Financials of Business Plan Template
Basically, the financials section of the business plan template consists of Sales Forecasts, three main Financial Statements, as well as a Financial Summary.
- Sales Forecasts: This area gives a prospect of sales projections for each target market for the five years, which you can easily may change. The total sales and year-over-year sales growth will be calculated automatically.
- Financial Statements: These sections provide ready-to-use Income Statement, Balance Sheet, and Cash Flow Statement for five-year financial projections. The white areas are for the user to input data, while the gray shaded areas are calculations. You may change the years, but we highly recommend to you use the same five-year period for the sales forecasts and financial statements to get accurate financial summary results.
- Financial Summary: This dashboard is produced from the previous sales forecast and financial statement sheets. The template displays a clear financial outlook for the five-year projections of the business with key ratios and professional-looking charts.
![excel business plan example Business-Plan-Template-Someka-Excel-S05](https://www.someka.net/wp-content/uploads/2022/04/Business-Plan-Template-Someka-Excel-S05.png)
You’ll always track your budget with entry and exit levels, staying accountable for all the stakeholderes, including your partners, creditors, etc.
Lastly, the Summary section of our excel business plan gives a general idea of the company, consisting of three main parts:
- Business Model Canvas: This section helps to summarize the key drivers of the business in nine main blocks with drag & drop post-it notes. Moreover, you may easily move these notes and change the size, colors, or fonts.
- Business Timeline: This list shows the expected milestones of the business with target dates. This will give a smooth road map for the company.
- Executive Summary: As one of the most important sections of a business plan, the Executive Summary gives a chance to explain its business to the targeted audience in his/her own words. This one-page brief of the company underlines the main description, goals, and prospects of the business.
Note: When you have done with your business plan, you can take a printout of the whole template by selecting the Print Entire Workbook option under the print settings.
Chart the path to success with a solid investment framework , securing capital and financing for your expansion. Ensure compliance, execution, and continuity while pursuing your objectives and realizing your strategy and vision for corporate growth and revenue.
Business Plan Excel Template Features Summary:
- Summarize business with key drivers
- Provides a general overview of a business
- Guide to preparing a business plan
- Fully customizable and ready to print
- Informational notes included
- No installation needed, ready-to-use
- Works both on Mac and Windows
- Compatible with Excel 2007 and later versions
- Does not include any VBA code or macros
Business Plan Template is a ready-to-use Excel Template and provided as-is. If you need customization on your reports or need more complex templates, please refer to our custom services.
PRODUCT VIDEO
Watch the video below to see the template in action! Presentation also includes usage notes, explanations and tips & tricks about the template.
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USER REVIEWS & COMMENTS
15 reviews for business plan excel template.
Julie Tacconi – May 8, 2023
I’m one of your most loyal customers, and I’m a big fan of what you’re doing. I always receive updates, campaigns, and even special offers from you. I’m writing this review to let others know that this template is well worth the price, and that you’ll have a great experience using it.
Nora Rusman – March 9, 2023
What can I do with the SWOT analysis? I dont know the usage of it. I wish there was more explanation for it.
Someka – March 9, 2023
Greetings! We understand that customers do not want to be bogged down with lengthy descriptions, so we encourage the use of our online chat or support mail to ask any questions. SWOT analysis is an effective way to determine both internal (e.g. strengths and weaknesses) and external (e.g. opportunities and threats) elements affecting a business. It is essential to take appropriate steps once the analysis is completed.
Dawnn Davis – February 16, 2023
I purchased the template, am I charged monthly for using it?
Someka – February 16, 2023
Hello, thank you for inquiring! This template comes with a one-time fee ; once you make the payment, you will have immediate access to the template. There are no subscription plans or additional fees.
Natalie Taylor – November 12, 2022
Can you explain more about demographic level? I have difficulties to undrestand the whole point of it.
Someka – November 12, 2022
Demographics are details that show the composition of a population, based on factors such as age, race, and gender. Analyzing demographic data is a way to study the population and gain insight into who is part of it.
Alena Vasyuk – September 26, 2022
How many analysis I will get with target market share?
Someka – September 26, 2022
We have four types of Target Market Analysis in this business plan template: Geographic, Demographic, Psychographic, and Behavioral. If you need assistance, please do not hesitate to reach out to us by email: [email protected]
Rama Bintang – June 10, 2022
what is the meaning of industry size into this template?
Someka – June 10, 2022
The Industry Size is an indication of the total market size and target audience of the industry. It is possible to classify the industry as either growing or shrinking.
Antonia R – April 28, 2022
I could not use the business model canvas part. It doesn’t work. I couldn’t add new post-it
Someka – April 28, 2022
Hello Antonia,
You can use the drag&drop part of the Business Model Canvas section. It allows you to flexibly design your note style. Firstly, you can choose any post-it from the palette on the right side of the sheet and drag it to your desired location on the canvas. After that, you can include any information by manually writing it down on the post-it. Please see the image below:
![excel business plan example Business-Model-Canvas-Someka-Excel-S04](https://www.someka.net/wp-content/uploads/2022/03/Business-Model-Canvas-Someka-Excel-S04.png)
Harold – April 27, 2022
I’m not sure but maybe we will consider buying a multi user. Is it possible to change the license of our product? Now we have single user.
Someka – April 27, 2022
Hello Harold,
We may surely upgrade your license from single-user to multi-user. Just email us at [email protected] and our team will contact you with a link to upgrade your license.
Angela Rucker – April 27, 2022
This template reallly saved my day! Thank you SOMEKAAA
Dear Angela, We’re very happy to hear that you liked our tool. Thank you for your kind words.
Tommy Rodriquez – April 26, 2022
Nice job guys, but will I have to use all of these sheets. It seems too much!
Someka – April 26, 2022
Hi Tommy, This is a comprehensive business plan template. But you do not have to fill in all the sheets. The checkboxes on the navigation menu may help you track your own plan. Use the tools you need, and put an “X” on ones that you do not want to use. As all the users may need different tools/sheets on their business plan, we prefer to give as many as possible to our users.
Ellis J – April 25, 2022
I was really looking for this type of product and finally found it. It was my pleasure to receive such comprehensive app. thanks
Amy C – April 25, 2022
very useful excel thanks for everything. tiny question,where can i see may sales projections?
Someka – April 25, 2022
Dear Amy, You may see your sales projections, which you input in the Sales Forecast section, on the Financial Summary charts. But please remember that these projections are not automatically moved to financial statements. These are all separate sheets. Hope this helps!
Mae – April 24, 2022
Ronald Davis – April 24, 2022
I could not change the logo?
Someka – April 24, 2022
Hi Ronald, You can change the logo on the cover by right-clicking on the dummy logo and selecting the Change Picture option. Then You can select your logo From a File on your computer. To change the Someka logos throughtout the template, please click here
![excel business plan example Business-Plan-template-Review-Image1](https://www.someka.net/wp-content/uploads/2022/04/Business-Plan-template-Review-Image1.png)
Jose D. – April 22, 2022
Hello someka team it looks good but may I use it in Spanish? it will be better for me.
Someka – April 22, 2022
Hi Jose, Thanks for asking. After purchasing a modifiable version, you can make any modifications, which include translating the template into another language. Actually, this template is fully customizable. So you may use it in Spanish easily. Hope this helps!
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Only verified users who have downloaded and used the template may leave a review.
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Business Plan: How to Create Great Financial Plans in Excel
![excel business plan example excel business plan example](https://professor-excel.com/wp-content/uploads/2021/09/Thumbnail_Business_Plan.jpg)
I guess, you are about to write a business plan and that is why you have come to this page. Very good – because in this article I am going to write down my experience with business plans and what I have learned creating them with Microsoft Excel. As I will point out again further down, I will only concentrate on the financial part of business plans. Specifically, how to set it up in Excel. Of course, you can also download an Excel template .
Parts of business plans
As you reached this page I suppose you already have a rough idea of what a business plan is. So, we will skip this part here.
A business plan is a formal written document containing the goals of a business, the methods for attaining those goals, and the time-frame for the achievement of the goals.” https://en.wikipedia.org/wiki/Business_plan
![excel business plan example excel business plan example](https://professor-excel.com/wp-content/uploads/2021/09/Business.jpg)
But one comment concerning the scope of this article: The formal business plan has usually many different parts, in which you describe the business idea and product, the market, competition, legal construct and so on. But typically, investors are most interested in the financial part. They want to know first, what they can get out of it. Of course, the other parts are also very important, but the financial topics usually put everything described in the other sections into numbers.
I’m not going further into the details of all the other parts than then financial section here. Specifically, we will dive into the basics of the financial part and how to model it in Excel.
Please scroll down to download the business plan template. We are going to explore all the following advice with this template.
How to create a business plan in Excel
Advice 1: be clear about the purpose and the recipient of the business plan.
![excel business plan example Business plan presentation](https://professor-excel.com/wp-content/uploads/2021/09/Business_Plan_Presentation-1.png)
Before you start opening Excel, make sure that you are 100% clear of the purpose this business plan. Is the business plan just for you? Or do you create it for someone else, for example an investor or bank? Although the next steps might still be the same, the focus might be different. For example: Maybe you have a very good understanding of the major assumptions because you have been working in this field for some time. But for someone external you still need to validate them. Of course, in both cases the assumptions should be realistic and goals should be achievable. But maybe for your own peace of mind you would choose more pessimistic assumptions if the plan was only for you.
Advice 2: Go top-down in terms of line items
![excel business plan example Possible structure of the line items in a business plan.](https://professor-excel.com/wp-content/uploads/2021/09/Business_Plans_PL_Structure_Reduced.png)
Now, let’s start in Excel. But how do we start?
My approach is to go top-down. I usually use a basic P&L (“Profit- and loss” calculation) structure to start with, having some placeholders for revenue and costs.
Specifically, I go through the following parts (also shown on the right-hand side).
Let’s assume that you develop and sell Excel add-ins: 50 EUR per license – once-off. You would now start with assumptions of how many you can sell per month and the price. This is your first revenue item. At this point in time, I would leave it like this. We can later drill further down as much as we need (for example modeling discounts, the connection between marketing spending and number of units sold, price changes, etc.).
If we have multiple products, we calculate them in a similar manner.
Cost of goods sold
Cost of goods sold – or COGS – refers to the direct costs of producing the goods sold. Depending on the complexity you could also summarize cost of sales here or keep it separately.
Often, the COGS are directly linked to the number of units produced so you could refer to the numbers already calculated for the revenues.
In our example from above, we don’t have any direct costs for producing the Excel add-ins because we develop them ourselves and our salary will be regarded under “Salaries and Benefits”.
All other expenses
The structure of the expenses highly depends on your business. I usually start with these:
- Salaries and Benefits
- Rent and Overhead
- Marketing and Advertising
- Other expenses
Again, these items might look completely different for you. Example: if you travel a lot for your business, you might plan travel costs separately.
Subtracting costs from the revenue leads to the EBITDA (earnings before interest, taxes, depreciation, and amortization). This is one of the important financial performance indicators.
Amortization and depreciation
If you buy any assets for your business (for example machines, computers, even cars), you usually plan to use them over a certain period. When you first buy them, let’s say for 1,000 USD, you basically just exchange money for assets in the same amount. The problem: The assets will decrease in value the longer you use them. Within the cost items above, you don’t regard the acquisition value. So, how to regard them in your business plan?
You only regard the annual decrease of value. If you plan to use your 1,000 USD item for 5 years, you could (plainly speaking), each year regard 200 USD as depreciation.
Please note: If you later plan your cash, you have to make sure that you fully regard the initial sales price and not the depreciation.
The key difference between amortization and depreciation is that amortization is used for intangible assets, while depreciation is used for tangible assets. https://www.fool.com/knowledge-center/whats-the-difference-between-amortization-deprecia.aspx
Subtracting the amortization and depreciation from the EBITDA leads to the second key performance indicator, the EBIT (earnings before interest and tax).
Interest and taxes
Eventually, you have to prognose your interest costs (for example what you have to pay for bank loans) and your taxes, which is typically just a percentage of the EBT (the earning before taxes).
Advice 3: Think about the business drivers carefully
Good business plans are driver based.
Business drivers are the key inputs and activities that drive the operational and financial results of a business. Common examples of business drivers are salespeople, number of stores, website traffic, number and price of products sold, units of production, etc. https://corporatefinanceinstitute.com/resources/knowledge/modeling/business-drivers/
Let me explain with an example: You want to plan the revenues. You have two different options:
![excel business plan example Example for business plan drivers](https://professor-excel.com/wp-content/uploads/2021/09/Business_Plan_Drivers_Reduced.png)
- Revenue per month is split into number of units sold times price per unit.
- Number of units sold is further split into number of salespersons and number of items sold per salesperson and month, and so on.
- Or you could just write a number and every following year you assume a growth in percentage (e.g. +2% per year).
Let’s finish this section with some final comments:
- Choose drivers that are measurable. You will most probably later on compare the drivers to reality and therefore make sure that they are not impossible to measure.
- Figure out, which driver has most impact. You should focus on those first. Driver with no or very limited impact can be skipped initially.
- Are drivers depending on each other? If yes, it should be modeled accordingly.
Advice 4: Choose the smallest period from the beginning in your business plan
So far, we have been focusing on the line items, for example costs, revenue, or drivers. Now, let’s talk about the time frame.
The question is: Should you plan on annual, monthly or any other basis? Or a mix?
I have seen many business plans doing it something like this:
- Plan on monthly basis for the first 24 to 36 months.
- Switch to annual planning for the years 3/4 to 5.
Most business plans are not going beyond 5 years planning period.
My recommendation: Plan on monthly basis for the full period. There will be a point in time when you need to break it down into months. And it is always easier to sum up 12 months for annual values than to drill down from years to months.
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Advice 5: Keep a unified, professional business plan structure
This advice should count for most Excel models: Try to keep the same structure throughout the whole Excel file.
- Structure of worksheets: Make sure that most worksheets are set up with the same structure. For example, start with a headline in cell B2, years starting in column H, content in row 10.
- Layout / format of cells: Make sure you use a consistent formatting. For example, Excel provides cell styles – use them. For more recommendations about professional formatting, please refer to this article .
- Universal settings and assumptions should be consolidated on one sheet (for example tax rates, start date, company name).
Advice 6: Document business plan assumptions well
![excel business plan example Document your assumptions well.](https://professor-excel.com/wp-content/uploads/2021/09/Documentation.jpg)
I can not say this often enough: Document your assumptions! Not only the values or variables, also your thoughts behind them. Why have you chosen this value? What is it based on? What is it used for?
Advice 7: Gross vs. net values
This question I am asked quite frequently: Should you use gross or net values? That means, include tax in revenues and costs?
Typically, you only work with net values, excluding VAT. For Germany with a tax rate of 19%, for example, if you invoice 119 EUR to a customer, you would only regard 100 EUR. Also, for costs, you would only regard net values.
Then, in your business plan, you start with revenue minus costs and eventually reach the EBT (earning before tax, please scroll up to see the P&L). From this, you calculate your company tax.
Advice 8: Think ahead
Some more things you should keep in mind when creating your business plan.
- Business plans are “living documents”. Keep in mind that at some point in the future you have to update it or extend it.
- Validate your assumptions: After some time, you will come back to your plan having real life figures. Now, it’s time to compare and – if necessary – adjust the plan.
- a valuation (“Discounted Cash Flow model”),
- liquidity planning,
- bank loan simulations,
- financial dashboards,
- budget planning,
- maybe even the first real official P&L (at least when it comes to the line items of your business plan)
- and much more…
Download business plan template
So, after reading all this description and advice, it’s time to start. Probably many things I have written above sounds like common sense, right? But I can assure you: Doing it and regarding as much advice as possible is not necessarily simple.
![excel business plan example Download the business plan template in Excel.](https://professor-excel.com/wp-content/uploads/2021/09/Business_Plan_Screenshot.jpg)
That’s why I have decided to create a template. I have pre-filled it with an imaginary example.
I know, there are countless Excel business plan templates around. So, why should you use this one?
- This template is very flexible: I have always included place holders so that you can add much more items if needed.
- In terms of the time frame, I have created monthly columns for up to ten years. Typically, you need less. Then just hide the extra columns.
- Also, I have created a consistent structure throughout the model.
- No fancy Excel functions and formulas, mainly just plain links.
Please feel free to take a look at it. If you like it, just use it. If not, please feel free to create your individual business plan – you now know how to do it!
Download link: Click here to start the download .
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Henrik Schiffner is a freelance business consultant and software developer. He lives and works in Hamburg, Germany. Besides being an Excel enthusiast he loves photography and sports.
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Plan Templates
18+ free business plan templates.
A business plan acts as a blueprint of your company and covers all the important aspects of your business, thereby also hinting how your business can successfully grow. If the business planning isn’t done properly, it can lead to quite expensive corrective measures later on. Not only internally, but business plan templates are also used externally. They are indispensable during fundraising. They help to jump-start your business and maximize your chances of raising capital.
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> Why Use Business Plan Templates?
Business plan template.
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Simple Business Plan Template
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Sample Business Plan Template
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One Page Business Plan Template
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Salon Business Plan
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Business Plan Financial Projections Template
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Business Plan Spreadsheet Template
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Excel Business Plan Template
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Excel Business Plan Template (Table of Contents)
Introduction to Business Plan Template
How to create a business plan template in excel.
A Business plan is a blueprint resource that helps improve revenue and cover all their goals. Every business needs planning before it steps forward. Else, it may lead to expensive measures later on. They help in business jumps as well as raising high capital. Office applications like Word, Excel, and PowerPoint contain these templates. Pre-installed Business plan templates are available, while others can be imported from third-party sources to Excel, Word, and PowerPoint. It will make the report more professional and interactive for the business. For example, if a company needs a sales plan for their business, the Business plan template will be designed accordingly.
We can see the estimated costs of different items and the total costs in the above template. It is the investment or the start-up budget. This will help in analyzing the revenue of the company.
Explanation:
The business plan template not only consists of an estimated budget. It may also consist of estimated sales and profit as well. Profits and sales may vary afterward, but it will blueprint how the business will perform. Every business has its own business plan before the launch of a product or a new business. The Board of Directors or any organization’s top management typically uses business plansThe organization’s hierarchy often spreads down these plans, but how does the organization make these plans? Some templates make these plans clearer and visually ready. While creating the template may take some time, the Office suite pre-installs some common use templates, and users can import third-party templates from various sources. Below are the steps on how to use a business plan template.
- MS Excel has some inbuilt Business plan templates in it. We can use the same or modify it as per our needs. We can import templates from an outside source if those are not useful. If those templates are not useful, we can import them from an outside source, such as AI business plan generators . After opening Excel, we have to select a workbook. We can select more templates, as shown below.
![excel business plan example excel business plan templates 1-1](https://cdn.educba.com/academy/wp-content/uploads/2020/04/excel-business-plan-templates-1-1.png.webp)
- A window opens with some templates below and a search bar on the top.
![excel business plan example excel business plan templates 1-2](https://cdn.educba.com/academy/wp-content/uploads/2020/04/excel-business-plan-templates-1-2.png.webp)
- Now, if we don’t use the template below, we can search the template from the search bar. We’ll type “Business plan” and then can see the result.
![excel business plan example business plan](https://cdn.educba.com/academy/wp-content/uploads/2020/04/business-plan.png.webp)
You can see some templates above. We can select the template as per our needs.
- To open a third-party template, click Open > Browse and select the template we downloaded from a source.
![excel business plan example excel business plan templates 1-3](https://cdn.educba.com/academy/wp-content/uploads/2020/04/excel-business-plan-templates-1-3.png.webp)
- Let us suppose we have selected a business template from the inbuilt templates.
![excel business plan example Company Name](https://cdn.educba.com/academy/wp-content/uploads/2020/04/Company-Name.png.webp)
- We’ll click on “create” to make the template ready.
- Now, the template is ready for use. We can see that there are two types of templates, i.e., “Cost plans” and “Profit & Loss” templates, as shown below.
![excel business plan example excel business plan templates 1-4](https://cdn.educba.com/academy/wp-content/uploads/2020/04/excel-business-plan-templates-1-4.png.webp)
- We can add some formatting and modify it per our business or needs. Let us try this in the “Cost plan” template first.
![excel business plan example excel business plan templates 1-5](https://cdn.educba.com/academy/wp-content/uploads/2020/04/excel-business-plan-templates-1-5.png.webp)
We have changed the backgrounds and the estimated costs of items/services of an organization. We can add or delete columns and rows as per our needs. There are months, costs per month, one-time costs, and total costs as columns.
- The total cost per item is calculated as “Cost per month * Months + One-time cost”. Finally, we can apply the sum function in the “Total cost” column to find the estimated budget of the company.
- Since we have our estimated costs, we will also have the profit and loss as per our investment rate as well which can be calculated in the 2 nd
![excel business plan example excel business plan templates 1-6](https://cdn.educba.com/academy/wp-content/uploads/2020/04/excel-business-plan-templates-1-6.png.webp)
First of all, let us work on the “Revenue” section. We include the revenue details for 12 months and calculate the net sales, cost of goods sold, and profit. To calculate net sales, you need to total the sum of all the revenues. Similarly, YTD or Year to End sales is calculated by totaling all the month’s revenue.
- When we place the cursor on “Net sales”, we see a drop-down list showing many parameters like sum, avg, count, etc.
![excel business plan example net sales](https://cdn.educba.com/academy/wp-content/uploads/2020/04/net-sales.png.webp)
This template has in-built functions in the drop-down list. When we click on the respective function, it will show the result accordingly. But how it works? If not present, we can add it manually.
- The Cost of goods sold is shown, calculated with the formula “Estimated sales * 0.4”. For October, the cost of goods sold is 1000*0.4, i.e., 400$.
![excel business plan example cost of Goods Sold](https://cdn.educba.com/academy/wp-content/uploads/2020/04/cost-of-Goods-Sold.png.webp)
- Gross profit is calculated with the formula as shown below.
![excel business plan example gross profit](https://cdn.educba.com/academy/wp-content/uploads/2020/04/gross-profit.png.webp)
The formula says, “Net sales-Cost of goods sold=Gross profit”. Similarly, we can calculate the gross profit every month. And the total gross profit can calculate by totaling the profits for all the months.
![excel business plan example excel business plan templates 1-7](https://cdn.educba.com/academy/wp-content/uploads/2020/04/excel-business-plan-templates-1-7.png.webp)
- In the “Expense” section, salaries, marketing costs, commission, rent, and other costs are to be mentioned.
![excel business plan example Total Expenses](https://cdn.educba.com/academy/wp-content/uploads/2020/04/Total-Expenses.png.webp)
Total expenses can calculate by totaling all the expenses.
- Calculate your income before taxes: deduct taxes from your total income, Tariffs imposed by the government will reduce your net income.
![excel business plan example income before taxes](https://cdn.educba.com/academy/wp-content/uploads/2020/04/income-before-taxes.png.webp)
- You can calculate the net income for Year-to-Date (YTD) either by considering the YTD period or by summing the incomes of all three months.
![excel business plan example net income](https://cdn.educba.com/academy/wp-content/uploads/2020/04/net-income.png.webp)
Things to Remember
- Estimated costs and actual costs may differ.
- Similarly, estimated revenue and actual revenue may be different also.
- The business plan model is a blueprint of actual revenue and profits.
- Users can utilize templates from inbuilt sources or import them from external sources.
- We should know all the formulas before creating a Business plan sheet.
- Normally, top management authorities and board members use these sheets.
Recommended Articles
This is a guide to Excel Business Plan Template. Here we discuss How to create Excel Business Plan Template, practical examples, and a downloadable Excel template. You can also go through our other suggested articles –
- Accounting Templates in Excel
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Business Plan Templates (40-Page MS Word + 10 Free Excel Spreadsheets)
Download this 40-page MS Word Business Plan template and 10 free Excel spreadsheets to write your next business plan. Includes sample guidelines and interactive spreadsheets.
Sections include Marketing Plan, Market Analysis, SWOT Analysis, Sales Forecast, Development Plan, Operational Plan, Financial Plan, 12-Month Profit & Loss, Projected Cash Flow, Balance Sheet, Break-Even Analysis, Personal Financial Statement, and Exit Strategy.
Download Now for only $19.99 – Buy Here!
Business Plan Template: Blue Theme
Business plan template: red theme.
You get two templates in the zip file. One blue theme, the other red. The red theme of the MS Word template has the exact same content as the blue theme. You can change the color scheme by updating the styles.
NB: Let me know if you need any help with this.
Executive Summary
Products and Services
Customer Demographics
Sales Forecast
Operational Plan
12 Month Profit & Loss Projection
Projected Cash Flow
Balance Sheet
Break-even Analysis
Business Plan: Free Excel Templates
Some of the Excel spreadsheets include a Balance Sheet, Break-even Analysis, Cash Flow, Competitive Analysis, General Demographic Profile, Personal Financial Statement, Profit and Loss Projections, and Sales Forecast.
1 Executive Summary 2 Company Description 2.1 Mission Statement 2.2 History 2.3 Markets and Products 2.4 Objectives 2.5 Current Situation
3 Products and Services 3.1 Description of Products/Services 3.2 Production Process 3.3 Distribution/Service Delivery 3.4 New Products
4 Marketing Plan 4.1 Market Analysis 4.1.1 Research Findings 4.1.2 Growth Projections 4.2 Market Trends 4.3 Product 4.4 Customer Demographics 4.5 Competition 4.6 SWOT Analysis 4.7 Marketing Strategy 4.7.1 Positioning 4.7.2 Promotion 4.8 Price Comparison 4.9 Customer Service Plans 4.9.1 Retaining Customers 4.9.2 Customer Complaint Handling 4.10 Sales Forecast
5 Development Plan 5.1 Current Status 5.2 Development Plans 5.3 Development Timetable 5.4 Development Risks
6 Operational Plan 6.1 Current Premises 6.2 Current Premises Financial Details 6.3 Equipment, Vehicles & Fittings 6.4 Insurance Details 6.5 Production 6.6 Future Location 6.7 Legal Environment 6.8 Personnel 6.9 Inventory 6.10 Suppliers
7 Management and Organization 7.1 Professional and Advisory Support 7.2 Key People Details 7.2.1 Key Person 7.2.2 Key Person 7.2.3 Total Salary Costs 7.2.4 Number of Employees
8 Personal Financial Statement 8.1 Methods of Bank Finance 8.2 Assets as Security 8.3 Repayment for Borrowings
9 Financial Plan 9.1 12-Month Profit and Loss Projection 9.2 Projected Cash Flow 9.3 Opening Day Balance Sheet 9.4 Break-Even Analysis 9.5 Exit Strategy
10 Appendices 10.1 Glossary of Terms
Business Plan Template: Contents & Format
The Business Case templates are in Microsoft Word and Excel format (.doc & .xls).
The template pack includes the following documents:
Business Plan Template | 40 pages | |
Balance Sheet | 1 x worksheet | |
Breakeven Analysis | 1 x worksheet | |
Cash Flow | 1 x worksheet | |
Competitive Analysis | 1 x worksheet | |
Costs | 1 x worksheet | |
General Demographic Profile | 1 x worksheet | |
Market Research | 1 x worksheet | |
Personal Financial Statement | 2 x worksheet | |
Profit and Loss Projection | 1 x worksheet | |
Sales Forecast | 1 x worksheet |
Product Specifications
File Format : The templates are in Microsoft Word (.docx) and Excel format (.xlsx).
File Size: The Download file is 2 MBs.
Opening the Files: You don’t need any special software to unzip the files. To unzip the files, right click on it, then select Extract , and save it to your computer.
Getting Started: Depending on your MS Office settings, the files may say Read Only when you open them. If this occurs, click File , Save As and save the files. There are no security settings on any of the files.
Images: All of the images in the templates are copyright free.
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Since 1998, Klariti provided products and services to Accenture, AIG, Bearing Point, Cap Gemini, Cisco, Disney, Ernst & Young, GE, HBO, IBM, J.P. Morgan, KLM, KPMG, Lehman Brothers, LEVI’S, MacDonalds, Macy’s, Mayo Clinic, McCormick, McGrawHill, MEGA, Mesirow , Mitre, NHL, NTL, OmniVision, Oracle, OshKosh, PennWest Energy, Pepico, Performance Technologies, Philips, PriceWaterhouseCoopers, PV Cycle, Raytheon, Reuters, Roche, Rogers, SAAB, Sabre Holding, Safeway, Sagem Morpho, Sara Lee, Shaw, Shell, Siemens, Sikorsky, Sobeys, SpeakEasy, SunPower, Sydney Opera House, Symantec, TATA, Tetra, ThyssenKrupp, TNT, Toyota, Travellers, TYCO, UC Davis, Verizon, Visteon, Vodafone, Wachovia Securities, Wal Mart, Whirlpool, WIPRO, Zurich.
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I am here to help you with any questions. You can contact me directly if you need any helping using these templates.
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The files work in MS Word 97, 2003, 2007, Office 2010, Office 2016, Windows 7, XP, Vista, and Apple iWork (if you have Word for Mac), and Google Docs .
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14 Best Excel Templates for Business in 2024 (Free & Premium)
- Last updated March 21, 2024
Fact Checked By Cindy Wong
Let’s talk about Excel templates. These pre-made spreadsheets help you improve productivity quickly. In this comprehensive guide, we’ll dive deep into the world of Excel templates, equipping you with the knowledge and tools to streamline your tasks, boost productivity, and make informed decisions.
From understanding what Excel spreadsheet templates are to exploring specialized templates for various industries, we’ve got you covered. Whether you’re a seasoned Excel user or just starting, our friendly yet professional approach will simplify complex concepts and empower you to harness the full power of Excel templates.
What Are Excel Templates?
We provide a host of spreadsheet templates for our readers. And Excel templates are no exception. These pre-designed spreadsheets created to simplify various tasks and processes. They serve as starting points, offering predefined structures, formulas, and formatting. These templates are designed to save you time and effort by eliminating the need to build spreadsheets from scratch.
Key Features of Excel Spreadsheet Templates
- Structured Layout: Templates come with organized rows and columns tailored to the specific task or use case. For instance, a budget template might include categories for income, expenses, and savings.
- Predefined Formulas and Functions: Excel spreadsheet templates often include formulas and functions that perform calculations automatically. For example, a mortgage calculator template may already have formulas for calculating monthly payments and interest.
- Formatting and Styling: Templates feature consistent design, including fonts, colors, and cell borders. This makes your data visually appealing and easy to read.
- Placeholder Data: Templates often contain placeholder data or instructions to guide you in entering your information. These placeholders help you understand how to use the template effectively.
- Customizability: While templates provide a structured framework, they are highly customizable. You can modify them to suit your specific needs by adding or removing columns, changing labels, or adjusting formulas.
Common Uses of Excel Templates
- Budgeting: Excel templates for budgeting help individuals and businesses manage their finances effectively by tracking income and expenses, projecting future financial goals, and analyzing spending patterns.
- Project Management: Project management templates assist in planning, tracking, and managing projects. They often include Gantt charts, task lists, and progress trackers.
- Data Analysis: Excel offers templates for data analysis, such as pivot tables, allowing you to quickly summarize and analyze large datasets.
- Accounting: Accounting templates help businesses maintain accurate financial records, including ledgers, income statements, and balance sheets.
- Inventory Management: Inventory templates help businesses track stock levels, monitor product sales, and manage inventory turnover.
Types of Excel Templates
Excel spreadsheet templates come in various categories, each designed to address specific needs and tasks. Here are some of the most common types of Excel templates:
Financial Excel Templates
Financial templates are geared towards managing finances, budgeting, and financial analysis. You can make your own cash flow template , or use one that’s already made. Common financial spreadsheets include:
- Budget Templates: These templates help individuals and businesses create and manage budgets, ensuring that income and expenses are balanced. Check out our top budget templates for Google Sheets .
- Financial Models: Financial modeling templates are used for forecasting financial performance, especially in business planning and investment analysis.
- Income Statements: Templates for income statements track revenues and expenses to determine profitability.
- Balance Sheets: These templates provide a snapshot of a company’s financial position by displaying assets, liabilities, and equity.
Project Management Excel Templates
Project management templates are essential for planning, executing, and monitoring projects. For example, we covered our favorite project status report templates . Other common templates include:
- Gantt Charts: Gantt chart templates visually represent project schedules, showing tasks, timelines, and dependencies.
- Project Timelines: These templates offer a simplified view of project milestones and deadlines.
- Task Tracking Templates: Task tracking templates help teams assign, track, and manage tasks to keep projects on schedule.
Data Analysis Excel Templates
Data analysis templates are invaluable for individuals and businesses working with data. Key templates include:
- Pivot Tables: Pivot table templates simplify data summarization and analysis, allowing users to create interactive reports.
- Data Visualization Templates: Templates for charts and graphs help transform raw data into visual representations for easier understanding.
- Statistical Analysis Templates: Statistical analysis templates include tools for performing statistical tests and calculations.
Personal and Business Excel Templates
Personal and business templates cover a wide range of tasks. We have an article that covers payment receipt templates . Other common personal and business spreadsheets include:
- To-Do List Templates: These templates help you stay organized by listing tasks and priorities.
- Invoice Templates: Invoice templates streamline the invoicing process for businesses, including itemized lists and payment tracking.
- Business Plan Templates: Business plan templates provide structured frameworks for creating comprehensive business plans, helping startups and established companies alike.
Whether you’re managing finances, overseeing a project, analyzing data, or organizing personal tasks, Excel templates offer a time-saving solution to enhance your productivity.
Top 14 Excel Templates for Business
Now, let’s delve into the top Excel templates that can significantly boost your productivity across various domains. We’ll explore each template, highlighting its key features and benefits.
Financial Management Excel Templates
1. financial model.
The Financial Model Excel template is a versatile tool designed to help businesses of all sizes and types manage their finances effectively. Whether you’re a business, a startup , or operating in specific niches like SaaS , E-Commerce , or Marketplace , this template offers comprehensive financial projections, including income statements, balance sheets, and cash flow statements. It’s essential for budgeting, forecasting, and making informed financial decisions.
![excel business plan example excel business plan example](https://spreadsheetpoint.com/wp-content/uploads/2023/09/Financial-Model-Excel-Template-1024x651.png)
- Accurate Projections: Generate precise financial projections for different business scenarios, aiding in strategic planning.
- Scenario Analysis: Easily assess the impact of various decisions on your financial health by running multiple scenarios.
- Investor-Ready: Impress investors and stakeholders with professional financial reports and insights.
- Data Visualization: Utilize charts and graphs to visualize financial trends and make data-driven decisions.
Price: $74-139 (Use code SPoint10 for 10% off)
2. Profit and Loss Statement
The Profit and Loss Statement Excel template is tailored to specific business models, including startups , marketplaces , SaaS , and E-Commerce ventures. It helps you track your revenues, costs, and expenses to calculate your net profit or loss accurately. With clear and customizable categories, you can gain a deep understanding of your business’s financial performance.
![excel business plan example excel business plan example](https://spreadsheetpoint.com/wp-content/uploads/2023/09/Profit-And-Loss-Statement-Excel-Template-1024x651.png)
- Business-Specific Tracking: Choose a template that aligns with your business model for precise financial insights.
- Expense Categorization: Easily categorize expenses for better cost management and identification of cost-saving opportunities.
- Year-over-Year Comparison: Track your financial performance over time to identify growth trends or areas that need improvement.
- Tax Preparation: Simplify tax preparation by neatly organizing your income and expenses.
Price: $74 (Use code SPoint10 for 10% off)
3. Revenue Forecasting Tool
The Revenue Forecasting Tool Excel template is indispensable for businesses focused on revenue growth. With different versions tailored to Marketplace , SaaS , E-Commerce , and Agency models, it enables you to project your future revenues based on historical data, market trends, and growth strategies. This tool empowers you to set realistic revenue targets and make informed decisions to achieve them.
![excel business plan example excel business plan example](https://spreadsheetpoint.com/wp-content/uploads/2023/09/Revenue-Forecasting-Tool-Excel-Template-1024x651.png)
- Data-Driven Projections: Utilize historical data and market insights to generate accurate revenue forecasts.
- Goal Setting: Set achievable revenue targets and track progress towards your financial goals.
- Scenario Planning: Assess how changes in pricing, marketing, or sales strategies impact revenue.
- Informed Decision-Making: Make strategic decisions backed by comprehensive revenue projections.
Price: $46 (Use code SPoint10 for 10% off)
Budgeting and Tracking Excel Templates
4. zero-based budget template.
Zero-based budgeting is a meticulous approach to budgeting where you allocate every dollar of your income to expenses, savings, or investments. The Zero-Based Budget Excel template simplifies the zero-based budgeting process, ensuring that your budget accurately reflects your financial priorities and goals.
![excel business plan example excel business plan example](https://spreadsheetpoint.com/wp-content/uploads/2023/09/Zero-Based-Budget-Excel-Template-1024x651.jpg)
- Financial Clarity: Gain a clear understanding of where your money goes and prioritize spending according to your goals.
- Savings and Investments: Systematically allocate funds for savings, investments, and debt reduction.
- Expense Tracking: Monitor daily expenses to identify areas for potential savings.
- Emergency Fund Planning: Create a buffer for unexpected costs by including an emergency fund category.
Price: $4.99
5. Inventory and Sales Tracking Template
Managing inventory and tracking sales is crucial for businesses, especially those in retail or e-commerce. The Inventory and Sales Tracking Excel template streamlines inventory management, allowing you to efficiently track stock levels, sales, and product performance.
![excel business plan example excel business plan example](https://spreadsheetpoint.com/wp-content/uploads/2023/09/Inventory-and-Sales-Tracking-Excel-Template-1024x651.jpg)
- Real-Time Inventory: Monitor inventory levels in real-time, ensuring you never run out of stock or overstock products.
- Sales Analysis: Analyze sales data to identify top-performing products and optimize your product offerings.
- Cost Control: Keep tabs on inventory costs and prevent financial losses due to mismanagement.
- Data-Driven Decision-Making: Use sales insights to make informed decisions about restocking, promotions, and pricing strategies.
Price: $19.99
6. Capital Expenditure Planning Template
Capital expenditures (CapEx) are essential for businesses looking to grow and invest in assets like equipment, technology, or infrastructure. This free CapEx Excel template simplifies the planning and tracking of capital expenditures, ensuring efficient allocation of resources.
![excel business plan example excel business plan example](https://spreadsheetpoint.com/wp-content/uploads/2023/09/Capital-Expenditure-Planning-Excel-Template-1024x651.png)
- Streamlined Planning: Plan and prioritize capital expenditures in a structured manner.
- Budget Control: Stay within budget by tracking expenses against planned allocations.
- ROI Assessment: Evaluate each capital expenditure’s return on investment (ROI) to make informed decisions.
- Asset Management: Keep a comprehensive record of your business’s assets and their depreciation.
Price: Free!
Investment and Financial Analysis Excel Templates
7. simple investment template.
The Simple Investment Excel template is perfect for individuals or businesses looking to analyze potential investments. It assists in evaluating the financial feasibility of investments, calculating returns, and making informed investment decisions.
![excel business plan example excel business plan example](https://spreadsheetpoint.com/wp-content/uploads/2023/09/Simple-Investment-Excel-Template-1024x651.jpg)
- Investment Evaluation: Assess the attractiveness of various investment opportunities.
- Risk Analysis: Consider the risks associated with each investment and their impact on returns.
- Return Calculations: Calculate potential returns, including net present value (NPV) and internal rate of return (IRR).
- Decision Support: Make well-informed investment choices based on financial analysis.
8. Mortgage Calculator with Amortization Table
Mortgages are a significant financial commitment. This Mortgage Calculator Excel template simplifies mortgage calculations, helping individuals and homeowners understand their loan terms, amortization schedules, and total interest payments.
![excel business plan example excel business plan example](https://spreadsheetpoint.com/wp-content/uploads/2023/09/Mortgage-Calculator-with-Amortization-Table-Excel-Template-1024x651.jpg)
- Loan Clarity: Understand your mortgage terms, including interest rates, monthly payments, and loan duration.
- Amortization Schedule: View the full amortization schedule, tracking principal and interest payments over time.
- Interest Savings: Explore strategies for paying off your mortgage early to reduce interest costs.
- Financial Planning: Incorporate mortgage payments into your long-term financial planning.
9. CLV vs. CAC Analysis Template
Customer Lifetime Value (CLV) and Customer Acquisition Cost (CAC) are critical business metrics. The CLV vs. CAC Analysis Excel template simplifies the calculation and analysis of CLV and CAC, aiding in strategic marketing and growth decisions.
![excel business plan example excel business plan example](https://spreadsheetpoint.com/wp-content/uploads/2023/09/CLV-Vs.-CAC-Analysis-Excel-Template-1024x651.png)
- Customer Profitability: Determine the profitability of acquiring and retaining customers.
- Marketing Efficiency: Evaluate the effectiveness of marketing campaigns by comparing CAC to CLV.
- Retention Strategies: Identify opportunities to increase CLV through customer retention and loyalty programs.
- Data-Driven Marketing: Allocate marketing budgets more efficiently based on CLV and CAC insights.
Data Analysis and Metrics Tracking Excel Templates
10. cohort analysis template.
Cohort analysis is a powerful method for examining user behavior over time. The Cohort Analysis Excel template simplifies the process, helping businesses gain insights into customer retention, engagement, and more.
![excel business plan example excel business plan example](https://spreadsheetpoint.com/wp-content/uploads/2023/09/Cohort-Analysis-Excel-Template-1024x651.png)
- User Segmentation: Group users into cohorts based on signup date or other criteria for focused analysis.
- Retention Insights: Identify trends in user retention and pinpoint when users drop off.
- Product Improvement: Use cohort analysis to inform product improvements and marketing strategies.
- Churn Reduction: Develop strategies to reduce customer churn based on cohort analysis findings.
11. MRR Dashboard Template
Monthly Recurring Revenue (MRR) is a vital metric for subscription-based businesses. The MRR Dashboard Excel template provides a comprehensive dashboard for tracking MRR, analyzing trends, and making data-driven decisions.
![excel business plan example excel business plan example](https://spreadsheetpoint.com/wp-content/uploads/2023/09/MRR-Dashboard-Excel-Template-1024x651.png)
- MRR Overview: Get a real-time overview of your MRR, including new revenue, lost revenue, and net MRR growth.
- Churn Analysis: Identify reasons for churn and implement strategies to reduce it.
- Growth Tracking: Monitor your subscription business’s growth and set goals for MRR expansion.
- Data Visualization: Visualize MRR trends with charts and graphs for easier interpretation.
12. User Engagement Dashboard Template
User engagement is critical for online businesses. The User Engagement Dashboard Excel template provides a user-friendly dashboard for tracking user engagement metrics, analyzing user behavior, and optimizing user experiences.
![excel business plan example excel business plan example](https://spreadsheetpoint.com/wp-content/uploads/2023/09/User-Engagement-Dashboard-Excel-Template-1024x651.png)
- Comprehensive Metrics: Track key engagement metrics such as session duration, bounce rate, and conversion rate.
- Segmentation: Analyze user engagement based on demographics, devices, or referral sources.
- Content Performance: Identify high-performing content and optimize the user journey accordingly.
- Conversion Optimization: Implement strategies to improve user engagement and conversion rates based on insights.
Business Planning and Management Excel Templates
13. software license management tool.
The Software License Management Excel tool simplifies the process for businesses managing software licenses. It allows you to track software licenses, renewal dates, and compliance, ensuring efficient software management.
![excel business plan example excel business plan example](https://spreadsheetpoint.com/wp-content/uploads/2023/09/Software-License-Management-Tool-Excel-Template-1024x651.png)
- License Tracking: Easily keep track of all software licenses in use across your organization.
- Renewal Alerts: Identify license renewals timely to prevent interruptions.
- Cost Control: Avoid unnecessary software purchases and optimize license utilization.
- Compliance Assurance: Ensure compliance with software licensing agreements to avoid legal issues.
14. Workforce Planning Tool
Effective workforce planning is crucial for businesses of all sizes. The Workforce Planning Excel template streamlines the process by helping you manage employee information, staffing levels, and workforce optimization.
![excel business plan example excel business plan example](https://spreadsheetpoint.com/wp-content/uploads/2023/09/Workforce-Planning-Tool-Excel-Template-1024x651.png)
- Employee Database: Maintain a centralized employee information database, including roles, qualifications, and contact details.
- Staffing Analysis: Analyze staffing levels and plan for hiring, training, or restructuring as needed.
- Cost Projections: Estimate labor costs and budgets for workforce expansion or reduction.
- Scenario Planning: Model various workforce scenarios and their financial implications.
These Excel spreadsheet templates cover a wide range of business and financial needs, making them invaluable tools for improving productivity, making informed decisions, and achieving your goals. Whether you’re a financial analyst, business owner, or simply looking to better manage your finances, Excel templates offer a user-friendly and robust solution.
Best Practices for Excel Templates
Excel spreadsheet templates are powerful tools that can significantly enhance your productivity , but it’s essential to follow best practices to make the most of them. Here are some tips and strategies to help you use Excel templates effectively.
Choose the Right Template
Selecting the appropriate template for your specific task is the first step to success. Consider the following factors when choosing a template:
- Task Complexity: Ensure the template aligns with the complexity of your task. Simple tasks may require basic templates, while more complex tasks need advanced templates.
- Customizability: Look for templates that allow customization. Templates that are too rigid may not suit your unique needs.
- Industry or Use Case: Many templates are designed for specific industries or use cases. For financial tasks, for instance, choose templates tailored to your industry, such as retail, healthcare, or real estate.
- Scalability: If your task may grow in complexity or data volume, opt for a template that can scale with your needs.
Understand Formulas and Functions
Excel templates often come with built-in formulas and functions to automate calculations. To use these templates effectively, it’s crucial to understand how these formulas work.
- Learn the Basics: Familiarize yourself with common Excel functions like SUM, AVERAGE, IF, VLOOKUP, and more. These are the building blocks of many templates.
- Review Formulas: Take time to review the formulas used in the template. Understand how they calculate results and what data they depend on.
- Customize Formulas: If needed, customize formulas to suit your specific requirements. Modify cell references or add new calculations as necessary.
Input Data Accurately
Accurate data input is essential to obtain meaningful results from Excel spreadsheet templates.
- Double-Check Data: Ensure all data entered into the template is accurate and error-free. A slight mistake can lead to significant inaccuracies in calculations.
- Use Data Validation: Implement data validation rules to prevent incorrect data entry. Excel can prompt users when data doesn’t meet specified criteria.
- Consistent Formatting: Maintain consistent formatting throughout the template. This includes date formats, number formats, and currency symbols.
- Document Data Sources: Keep track of your data sources, especially if you’re pulling data from external sources. This documentation can help troubleshoot discrepancies later.
Regularly Save and Backup
Excel templates represent valuable work, so protecting your data is essential.
- Frequent Saving: Save your work regularly to prevent data loss in case of unexpected software crashes or power outages.
- Version Control: Maintain version control by saving different iterations of your template. Use meaningful file names and dates to track changes.
- Backup Files: Implement a backup strategy. Regularly create copies of your Excel files and store them in a secure location, whether it’s a cloud service or an external drive.
Understand Template Limitations
Excel spreadsheet templates have limitations, and it’s essential to be aware of them.
- Data Volume: Excel may not handle very large datasets efficiently. Consider using a database or specialized software for extensive data management.
- Complexity: Templates have limits in terms of complexity. You might need to consider custom software or consulting with a specialist for more advanced or intricate tasks.
- Data Security: Be cautious when handling sensitive or confidential data within Excel. Implement password protection and encryption where necessary.
Customize for Your Needs
While templates provide a structured starting point, don’t hesitate to customize them to better suit your unique requirements.
- Add or Remove Fields: Include additional or remove unnecessary fields to streamline data entry and reporting.
- Format and Styling: Adjust the template’s formatting and styling to match your preferences and branding guidelines.
- Automate Repetitive Tasks: Excel allows you to automate repetitive tasks using macros. Learn how to create and use macros to save time.
Stay Updated and Educated
Excel is a continually evolving software, and staying updated with the latest features and best practices can benefit your productivity.
- Software Updates: Keep your Excel software up-to-date to access new features and security patches.
- Online Resources: Explore online resources, spreadsheet tutorials , and forums to expand your Excel skills and troubleshoot issues.
- Advanced Training: Consider advanced Excel training courses or certifications to become an Excel power user.
By following these best practices, you can harness the full potential of Excel spreadsheet templates, streamline your tasks, and make more informed decisions. Excel templates are versatile tools that can save you time and effort, but mastering them requires a combination of knowledge, practice, and attention to detail.
Get Started with the Financial Spreadsheet Template Bundle
Ready to take control of your finances and make smart financial decisions? Our Financial Spreadsheet Template Bundle is the ultimate solution to simplify financial management, investment analysis, and mortgage planning.
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This bundle includes five powerful templates that can help you achieve your financial goals with ease:
- Cryptocurrency Portfolio Tracker: Keep track of your cryptocurrency investments, monitor real-time market prices, and analyze your portfolio’s performance effortlessly.
- Inventory and Sales Tracking Spreadsheet Template: Optimize your business operations with this template. Efficiently manage inventory, track sales, and make data-driven decisions.
- Simple Investment Template: Make informed investment choices by analyzing potential returns and risks. This template simplifies investment planning for beginners and experts alike.
- Extra-Payment Mortgage Calculator: Take control of your mortgage payments and reduce the total interest you pay. This tool helps you plan extra payments to pay off your mortgage faster.
- Mortgage Calculator Spreadsheet with Amortization Table: Understand your mortgage terms, visualize your amortization schedule, and make sound financial decisions regarding homeownership.
Purchasing these templates individually would cost you more than $69, but with the Financial Spreadsheet Template Bundle , you can access all of them at a fraction of the price. Save over 40% off the list price and embark on your journey to financial success today!
Price: $39.99
Excel templates are your secret weapon for accomplishing tasks faster and more efficiently. With the right template at your fingertips, you can conquer financial challenges, manage projects like a pro, and analyze data with ease. The best part? You don’t need to be an Excel expert to reap the benefits. These templates are designed to simplify your life and make complex tasks feel like a breeze.
So, whether you’re tracking expenses, planning a project, or diving into data analysis, remember that Excel spreadsheet templates are your trusty companions on the journey to productivity and success. Embrace them, customize them, and watch your tasks transform from daunting to doable. Excel templates are your shortcut to getting things done, and the possibilities are endless. Start using them today and take control of your tasks, one spreadsheet at a time!
- Free Multiple Project Tracking Template for Excel (2 Options)
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Top 10 Business-Plan Templates You Can Download Free
Why reinvent the wheel get free professional business plan templates at no cost..
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Writing your business plan. Ughhhh.
It's definitely not the most exciting part of starting a business. In fact, if you're like a lot of entrepreneurs, you're probably going to find yourself pulling a few all-nighters to get one done before heading into your first pitch for funding . Because that's the thing--your business plan is a pretty important.
Any funder worth his or her salt wants to see it right off the bat. Moreover though, a solid business plan is a living document that will continue to guide your efforts as your business grows. Recently, I shared 18 Mistakes That Kill Startups , an infographic created by Mark Vital over at Funders and Founders.
A lot of those mistakes (most of them, in fact) are the result of poor planning. Bad location, a marginal niche, having no specific user in mind, raising too much or too little money--all of these issues can be prevented or at least mitigated with good planning.
Creating your business plan is more than just getting your ideas down on paper for potential funders to see. It's an exploratory process in which you can evaluate your options, test your assumptions about your idea, and even discover new opportunities. It might even lead you to kill off aspects of your business before investing too much time or money in them.
That doesn't mean you have to bust out Word and start the plan from scratch. A template is great--you probably aren't doing anything that hasn't been done before, so it provides a proven structure for your plan. Pretty much everything on it can be customized. Check out these comprehensive business plan templates you can download for free to get you started:
1. Score's Business Plan Template for Startups
Score is an American nonprofit dedicated to helping entrepreneurs get their companies off the ground. Its template, available as a PDF or Word download, asks a whopping 150 questions and is generic enough to customize for most types of businesses. The Refining the Plan resource that comes with it is helpful, especially if this is your first crack at writing a business plan.
2. U.S. Small Business Administration Business Plan Engine
The SBA's template is available to fill out online and then download as a PDF. You can go back in and edit it as needed, so don't worry about having everything ready the first time you sit down to tackle it. Even broken into sections, it's a long document and a bit of a slog to get through, but it produces a professional-looking and useful business plan. This is particularly helpful if your idea isn't fully fleshed out and you know you have homework to do--it prompts you for information.
3. The $100 Startup's One-Page Business Plan
Who said a business plan has to be a long, complicated document? Some funders are going to want to see a lot of detail, but you can provide that in appendices. The $100 Startup, the website for the best-selling book of the same name, has a ton of stripped-down resources for entrepreneurs, including this super simplified business plan template.
4. LawDepot's WYSIWYG Business Plan Template
This one says you just have to answer a few simple questions and will be "done before you know it!" Don't believe it. A business plan should take time and a lot of homework, but if you've already done that, LawDepot's template is a decent choice. It walks you through getting started, marketing, product, competitive analysis, SWOT, and more, with a window below the input fields to show you the plan as you work away at it. You can download it free with a trial subscription, but you'll have to remember to cancel it within the week if you don't plan to continue using it.
Editor's Note: Looking for Business Loans for your company? If you would like information to help you choose the one that's right for you, use the questionnaire below to have our partner, BuyerZone, provide you with information for free:
5. sme toolkit business plan samples.
The SME Toolkit, jointly offered by IFC and IBM, offers a simple two-page outline of what should be included in your business plan to meet the minimum requirements of funders and tax authorities (in the U.S.). It contains 10 broad sections, including market analysis, management and organization, etc., with a one-paragraph explanation of each. A second download on the same page is an Excel file to help with your financial projections.
6. Office Online Templates Galore
Of course, Microsoft offers a ton of business plan templates for Office users (you can get birthday invitations while you're at it). If you'd rather do a business plan presentation than a Word doc, you can download one of Microsoft Office's half a dozen or so PowerPoint templates for just that purpose. You'll want to customize it with your company branding (you have your branding down, right?), but it's easier than starting from a blank PPT.
7. vFinance Inc. Business Plan Template and Guide
Global financial services firm vFinance offers a basic, 30-page business plan template to download from its website--one the company says has been downloaded more than a quarter of a million times. No, it won't be completely unique, but vFinance knows what it's doing and the template is pretty comprehensive. VFinance is the creator of the massive Venture Capital Directory and has tailored the plan to appeal to funders. If that's your goal, definitely check this one out.
8. Invoiceberry Templates for Word, Open Office, Excel, or PPT
U.K. online invoicing software brand Invoiceberry offers free business plan templates in .docx, .odt, .xlsx, and .pptx formats. Each one also contains a marketing plan and executive summary template. There's a catch, though--the company asks you to take one of the following three actions before you can download the template: like it on Facebook, give it a +1 on Google+, or give it your email address. If you don't mind doing that, it's a good deal. Kudos to Invoiceberry for figuring out this effective lead-gen tactic too!
9. Santa Clara University's My Own Business Institute Plans
Santa Clara U's MOBI is an initiative of its Center for Entrepreneurship and Innovation at the Leavey School of Business. On the site, you can download each of the 15 business plan sections individually as Word documents, or grab all 15 together in one doc. There's a ton of other helpful resources as well, including guidelines for evaluating your potential sites, a list of key people to review your plan, and sample financial sheets.
10. RocketLawyer's Business Plan Templates by State
Like some of the others, you fill out RocketLawyer's form and download the business plan when you're done--but its template allows you to choose your state before getting started. These plans are tailored to meet your financing requirements in your state, which is a huge bonus for those seeking funding through banks. It's also heavily geared toward financing, making it a good choice if that's a priority for you.
Editorial Disclosure: Inc. writes about products and services in this and other articles. These articles are editorially independent - that means editors and reporters research and write on these products free of any influence of any marketing or sales departments. In other words, no one is telling our reporters or editors what to write or to include any particular positive or negative information about these products or services in the article. The article's content is entirely at the discretion of the reporter and editor. You will notice, however, that sometimes we include links to these products and services in the articles. When readers click on these links, and buy these products or services, Inc may be compensated. This e-commerce based advertising model - like every other ad on our article pages - has no impact on our editorial coverage. Reporters and editors don't add those links, nor will they manage them. This advertising model, like others you see on Inc, supports the independent journalism you find on this site.
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Sample Business Plan For Event Management Company: A Complete Guide
Over 50% of new event management companies fail within the first two years. This shocking statistic underscores the importance of a robust business plan. A meticulously crafted guide can be the difference between a fleeting venture and long-term success in the competitive world of event planning.
Understanding the roots of the event management industry reveals its evolution into a billion-dollar business. Today, a well-orchestrated plan not only encapsulates mission and vision but also delves into market analysis, competitive strategies, and financial forecasts. Such a comprehensive approach is pivotal in navigating the complexities and seizing opportunities within this dynamic field.
Overview of the Event Management Industry
The event management industry has evolved significantly over the past decade. It now plays a crucial role in planning and executing a wide range of events. These events include corporate meetings, weddings, and festivals.
Growth in this sector is driven by increased consumer spending and the demand for unique experiences. This dynamic field spans across various segments such as corporate, social, and entertainment events. Each segment offers distinct opportunities and challenges.
Technology has transformed how events are organized and managed. Tools like event management software and social media platforms have streamlined operations. These innovations have made the planning process more efficient.
The industry also places importance on sustainability and environmental impact. Many event planners now focus on eco-friendly practices. This trend reflects a growing awareness among clients and attendees.
Key Segments in Event Management
Corporate events are a major segment of the industry. They include conferences, product launches, and team-building activities. These events are designed to achieve business objectives.
Social events, such as weddings and birthday parties, are equally significant. They require personalized planning and creativity. Each event aims to create memorable experiences for attendees.
Entertainment events encompass concerts, festivals, and sports events. These large-scale gatherings often attract thousands of attendees. They demand meticulous planning and execution.
Role of Technology in Event Management
Event management software helps in organizing and tracking various aspects of events. These tools offer features like attendee registration and ticketing. They also provide analytics to measure event success.
Social media platforms are powerful tools for event promotion. They help reach targeted audiences quickly and effectively. Engaging content can drive interest and attendance.
Virtual and hybrid events have gained popularity, especially during the pandemic. These events combine physical and online elements. They offer flexibility and a wider reach.
Trends Shaping the Industry
Sustainability is a major trend in event management. Planners are adopting eco-friendly practices, such as reducing waste. Sustainable events resonate with increasingly environmentally conscious attendees.
Personalization is another important trend. Clients seek unique and customized experiences. Tailoring events to specific preferences can enhance attendee satisfaction.
Experiential marketing is gaining traction in event management. Brands use immersive experiences to engage with their audience. This approach to events boosts brand loyalty and creates lasting impressions.
Essential Elements of an Event Management Business Plan
A business plan for an event management company serves as a blueprint for success. It outlines the goals, strategies, and structure of the business. It’s crucial to include all key elements to ensure comprehensive planning.
Vision and Mission Statements
The vision and mission statements define the purpose and direction of the company. The vision statement describes the long-term aspirations. Meanwhile, the mission statement outlines the immediate goals and approaches.
These statements guide the company’s decisions and strategies. They ensure that every action aligns with the core objectives. Clarity in these statements is essential for stakeholder understanding.
Creating impactful vision and mission statements involves brainstorming and collaboration. They should reflect the company’s values. They must also inspire employees and attract clients.
Market Analysis
Market analysis helps in understanding the industry landscape. It includes studying competitors, target audiences, and market trends. Analyzing the market helps in identifying opportunities and potential challenges.
This analysis should cover market size, growth rate, and customer preferences. It should also include a SWOT analysis. A SWOT analysis examines strengths, weaknesses, opportunities, and threats.
Effective market analysis provides valuable insights. These insights aid in strategic planning. They help in aligning services with market demands.
The operational plan describes the day-to-day activities of the business. It includes information on event planning, coordination, and execution. Detailing each step of the operation ensures smooth workflows.
Key components of an operational plan involve resource allocation and scheduling. It also includes risk management strategies. These elements help in handling unexpected challenges.
Having a clear operational plan is essential for efficiency. It helps in maintaining consistency. It also enhances client satisfaction through reliable service delivery.
Detailed Market Analysis for Event Management
Market analysis is crucial for understanding the event management landscape. It helps identify trends, competitors, and customer preferences. This data informs business strategies and enhances decision-making.
Understanding market size and growth rate is essential. A larger market with a high growth rate offers more opportunities. This information helps in planning expansion and targeting key areas.
Competitor analysis reveals strengths and weaknesses. Studying competitors’ services, pricing, and strategies provides valuable insights. These insights can help differentiate your offerings.
Analyzing customer preferences is vital for tailor-made services. Understanding client needs and expectations ensures customer satisfaction. Happy clients are more likely to recommend your business, boosting your market presence.
Crafting Competitive Strategies for Success
Creating a successful event management business requires strong competitive strategies. Differentiating your services is crucial. Offer unique and specialized solutions to stand out in the market.
Conducting a SWOT analysis can be highly beneficial. This helps identify your strengths, weaknesses, opportunities, and threats. Use this information to sharpen your competitive edge.
Pricing strategy plays a significant role. Competitive pricing can attract clients. However, ensure your pricing reflects the value and quality of your services.
Building strong relationships with vendors is essential. Reliable vendors ensure seamless event execution. Long-term partnerships can lead to better pricing and priority services.
Investing in marketing and promotion is vital for visibility. Utilize social media, email campaigns, and SEO to reach your target audience. Consistent branding and messaging help build a strong market presence.
Finally, gather feedback from clients and continuously improve. Client feedback can reveal areas of improvement. Addressing these can enhance your reputation and client satisfaction.
Financial Projections and Revenue Models in Event Management
Understanding financial projections is essential for the success of an event management business. These projections help forecast revenues, costs, and profits. Accurate financial planning ensures business sustainability.
Revenue models in event management can vary. Some common models include ticket sales, sponsorships, and service fees. These revenue streams help diversify income sources and improve stability.
- Ticket sales
- Sponsorships
- Service fees
- Merchandise sales
- Vendor commissions
Projecting expenses is just as important as forecasting revenue. Expenses include venue rentals, marketing, and staffing costs. Tracking these expenses helps in maintaining financial health.
Creating a detailed budget is a critical step. The budget should include both fixed and variable costs. By monitoring the budget, you can identify areas for cost-saving.
Finally, regularly reviewing your financial performance is necessary. This involves comparing actual results with projections. Adjusting strategies based on these reviews can enhance profitability.
Implementing the Business Plan and Scaling Operation
Implementing the business plan is a critical phase that requires careful execution. It involves turning strategies into actions. Effective implementation ensures the business plan’s success.
Begin by setting clear goals and assigning responsibilities. Each team member should understand their role and tasks. This clarity helps in maintaining focus and direction.
Regularly monitoring progress is essential. Use key performance indicators (KPIs) to track achievements. Adjust strategies based on these insights for better outcomes.
Scaling operations involves expanding the business while maintaining quality. This can be challenging but achievable with the right approach. Strategic growth ensures sustained success.
Investing in technology can aid in scaling. Tools like customer relationship management (CRM) software streamline operations. They help manage larger workloads efficiently.
- CRM software for client management
- Project management tools
- Automated marketing platforms
Finally, focus on building a strong brand and reputation. Positive client experiences lead to word-of-mouth referrals. This organic growth is invaluable for scaling operations.
This section addresses common questions about creating a business plan for an event management company. These answers provide insights to help you navigate the planning process effectively.
1. What are the key components of an event management business plan?
A comprehensive event management business plan includes several essential elements. First, it should outline your vision and mission statements, which guide the company’s direction. Next, it must contain a detailed market analysis covering competitors, trends, and customer preferences.
Furthermore, include competitive strategies to differentiate your services and financial projections to forecast revenue and expenses. An operational plan detailing daily activities is also crucial. All these components together form a robust business framework.
2. How important is market analysis in an event management business plan?
Market analysis is critical as it helps understand the current industry landscape. By studying competitors’ strengths and weaknesses, you can identify opportunities for differentiation. Additionally, understanding market size and growth rates aids in strategic planning.
This knowledge enables you to tailor your services according to customer preferences and emerging trends. Overall, market analysis provides valuable data that supports informed decision-making and effective strategy development.
3. What role do financial projections play in an event management business plan?
Financial projections are vital for forecasting a company’s future economic performance. They help predict revenues, expenses, and profitability. A well-rounded financial projection includes various revenue models like ticket sales or sponsorships.
These projections enable better budget management by identifying expected income and potential costs. Regularly reviewing these projections against actual performance allows adjustments to strategies ensuring sustained financial health.
4. Why are vision and mission statements important in an event management business plan?
The vision statement defines long-term goals by articulating what you aim to achieve over time. It sets a clear pathway for the future growth of your company.
The mission statement focuses on immediate objectives by outlining your approach to achieving them day by day. Together, they align team efforts towards common goals while inspiring stakeholders’ confidence in your enterprise.
5. How can technology aid in scaling operations for an event management company?
Technology plays a significant role in scaling operations efficiently within the event management industry—tools like CRM platforms streamline client interactions managing larger workloads seamlessly.
Project management software assists with organizing tasks ensuring smooth execution even during expansion phases added automation lets marketing reach more effectively targeting potential clients while maintaining high-quality service delivery consistently.
Crafting a business plan for an event management company is a thorough and vital process. It requires focusing on key elements such as vision, market analysis, competitive strategies, financial projections, and operational plans. Each component contributes to the overall success and sustainability of the business.
Implementing the business plan effectively and continually reviewing it ensures the company stays on course. Embracing technology and feedback helps in scaling operations efficiently. Ultimately, a robust business plan is the foundation for delivering exceptional event management services and achieving long-term growth.
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How to Write a Business Plan Outline in 9 Steps (Example Included!)
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Starting a business often begins with writing a business plan , especially if you need funding . It acts as a roadmap, guiding you through each stage of launching and managing your company, and it presents a clear, compelling case to potential investors and partners. But here's the thing: not everyone finds this step intuitive. That's where a business plan outline can be incredibly helpful.
Creating a detailed business plan outline helps you organize your thoughts and ensure you cover all the key aspects of your business strategy. Plus, it might be just what you need to overcome that blank page and start typing.
Below, you'll find an easy-to-follow guide on how to craft your business plan outline, and an example to show you what it should look like.
Build your dream business with the help of a high-paying job—browse open jobs on The Muse »
What is an outline of a business plan?
Think of a business plan outline as the skeleton of your entire business plan. It gives a high-level overview of the main sections you'll need to flesh out later. It's not the final document but a crucial step in getting you there.
Simply put, it's like creating a detailed table of contents for your business plan, showing you exactly what information to include and how everything fits together. A well-structured business plan outline also helps you plan things ahead, saving time and effort.
Writing a business plan outline in 9 steps
Follow these steps to build your business plan outline and learn exactly what each section should include.
(Bear in mind that every business plan is unique, tailored to the specific needs and goals of the business. While the structure below is common, the order of sections may vary—only the executive summary will always come first.)
1. Executive summary
Imagine you have just 60 seconds to convince someone to invest in your business. That's the essence of a strong executive summary. Although it appears first on your business plan, this section is often written last because it sums up the entire plan. Think of it as your elevator pitch . This section gives a quick overview of your entire business plan, highlighting key points that grab the reader's attention.
Keep it clear and concise. Start with a brief overview of your business, including its name and what it offers. Summarize your mission statement and objectives, and don’t forget to mention crucial aspects like financial projections and competitive advantages.
2. Company description
Here's where you provide detailed information about your company. Begin with the business name and location. Describe the legal structure (e.g., sole proprietorship, partnership, corporation) and ownership. If your business already exists, share a brief history.
For new ventures, explain the business's nature and the problems you aim to solve. Go into more detail about your vision and mission statements, outlining your goals and the principles guiding your business. This section helps potential investors and stakeholders grasp your company’s identity and purpose.
3. Market research and analysis
This section shares insights into your company’s industry. Start with a landscape analysis to give an overview of the market, including its size, growth rate, and key players.
Next, define your target market and customer demographics—age, location, income, and interests—detailing who your ideal customers are. Identify market needs and trends your business will address, and highlight customer pain points your product or service aims to solve.
Consider conducting a SWOT analysis to evaluate your business's strengths, weaknesses, opportunities, and threats, and gain a strategic view of where your business stands in the competitive landscape.
4. Organization and management
Describe how your business is structured and who runs it. Outline the organizational structure, and if helps, include a chart. Introduce the leadership team and key personnel, highlighting their qualifications and roles. If you have a board of directors, mention them and briefly explain their involvement.
Then, outline your production processes, detailing how your product or service is (or will be) created—from sourcing materials to delivery—to give a comprehensive view of your operational capabilities.
5. Products and services
This section of your business plan outline is crucial for showing potential investors what makes your products and services unique and valuable.
Clearly describe what your business offers, emphasizing your unique selling propositions (USPs) and the benefits and features that set you apart from the competition. Talk about the product life cycle, including any plans for future updates.
If your business holds any intellectual property or proprietary technologies, detail them here to underscore your competitive advantages.
6. Marketing strategy
Having a fantastic product or service is just half the battle. The marketing plan section should outline how you'll reach your target market and convert them into customers.
Begin with market positioning and branding, explaining how you want your brand perceived. Detail your marketing and promotional strategies, including specific tactics to reach your target audience.
Discuss your sales strategy, focusing on how you'll convert leads into customers. Lastly, include your pricing strategy and provide a sales forecast, projecting your expected revenue over a certain period.
7. Operations plan
Here, the goal is to give a detailed overview of the physical and logistical aspects of your company. Start with the business location and facilities, describing where it operates and any significant physical assets. Detail the technology and equipment needed for daily operations.
Briefly describe your supply chain and logistics processes to illustrate how you manage inventory, procurement, and distribution. Finish it by outlining your production process and quality control measures to ensure your products or services consistently meet high standards.
8. Financial plan
Use this section of the business plan to show how your company will succeed financially. Include financial projections like income statements and cash flow statements. Specify how much capital you need and how you plan to use it, discussing funding sources.
Conduct a break-even analysis to estimate when your business will become profitable. Be transparent and address any financial risks and assumptions, outlining how you plan to mitigate them.
9. Appendices and exhibits
In this section, include any additional information that supports your business plan. This might be resumes of key personnel to highlight your team's expertise and experience, or even legal documents and agreements.
Include market research data and surveys to back up your market analysis. Add financial statements for a detailed look at your financial plan. Also, provide detailed product specifications to give a clear understanding of your products and services.
Here's a business plan outline example
Not quite there yet? Take a look at this business plan outline example—it will make everything clear for you.
3.1 Executive Summary
- Overview of the business
- Key points of the business plan
3.2 Company Description
- Business name and location
- History and nature of the business
- Legal structure and ownership
- Vision and mission statement
3.3 Market Research and Analysis
- Industry analysis
- Target market and customer demographics
- Market needs, trends
- Customer pain points
- SWOT analysis
3.4 Organization and Management
- Organizational structure
- Leadership team and key personnel
- Roles and responsibilities
- Board of directors (if applicable)
- Production processes
3.5 Products and Services
- Description of products or services offered
- Unique selling propositions, benefits, features
- Product lifecycle and development plans
- Intellectual property and proprietary technologies
3.6 Marketing Strategy
- Market positioning and branding
- Marketing and promotional strategies
- Sales strategy and tactics
- Pricing strategy and sales forecast
3.7 Operations Plan
- Business location and facilities
- Technology and equipment
- Supply chain and logistics
- Production process and quality control
3.8 Financial Plan
- Financial projections (income statements, balance sheets, cash flow statements)
- Funding requirements and sources
- Financial risks and assumptions
3.9 Appendices and Exhibits (if applicable)
- Supporting documents and additional information
- Resumes of key personnel
- Legal documents and agreements
- Market research data and surveys
- Detailed Product Specifications
Bonus tips on how to write a winning business plan
Once you've done your business plan outline, it's time to fill in the gaps and craft a winning business plan. Here are some bonus tips to keep in mind:
- Tailor it to fit your business : Customize sections to meet industry-specific needs and highlight what makes your business unique.
- Keep it clear and concise : Use straightforward language and support your points with data to ensure easy understanding and avoid any confusion.
- Set actionable and realistic goals : Define measurable objectives with clear timelines and milestones to track your progress.
- Update regularly : Keep your plan dynamic by making regular updates to reflect changes in goals, market conditions, and strategies.
- Seek feedback : Gain insights from mentors and advisors to refine your plan.
Read this next: How to Start a Business in 8 Steps: A Comprehensive Guide from Concept to Launch
10+ Practical small business spreadsheet templates
Discover 10+ practical small business spreadsheet templates for budgeting, inventory, project tracking, and more. Boost productivity with these easy-to-use, efficient tools!
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Running a small business means wearing many hats, but when it comes to managing your data, you don't have to reinvent the wheel
For staying organized and on top of your game, a simple spreadsheet can be a game changer.
If you are running a small business, these 10 useful spreadsheet templates will make things run more smoothly. From tracking expenses to forecasting sales, these ready-to-use templates are about to become your new best friends.
Let's take a peek inside and see what wizardry you can do with spreadsheets.
Why use spreadsheets for business management?
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Many businesses cannot imagine their everyday operations without spreadsheets. But considering the range of benefits it comes as no surprise, let's look at these in more detail:.
- First off, they're budget-friendly. Most businesses already have access to spreadsheet software, so there's no need to shell out for fancy new tools. They're pretty straightforward to use. With minimal training, anyone can start crunching numbers and organizing data.
- Collaboration is a piece of cake, too . With cloud-based tools like Google Sheets, everyone on the team can work on the same document at the same time. Also, don’t forget about data visualization. It only takes a few clicks to turn raw data into interesting charts and graphs.
- Customization is easier with spreadsheets . No matter if you are keeping track of costs, managing inventory, or predicting sales, you can change the sheets to fit your needs . Apps Script exists for you to set any spreadsheet up exactly to your requirements. You could be surprised about the wide range of things you can do in Google Sheets with simple programming!
Spreadsheets are great for making financial records, too. They can help you with everything from balance sheets to cash flow statements. You can find a huge number of templates online, so you do not have to start from scratch, either.
Even though they are not the most flashy tool, spreadsheets are still a good choice for companies that want to stay organized.
That being said, we curated a special list of over 10 spreadsheet templates designed to track important info, such as financial data or marketing plans, for small and medium businesses.
10+ spreadsheet templates for small business owners
There are tons of templates to choose from all over the internet. We've listed what we think are the most important ones for small businesses! All you need to do is fill in the details, and the spreadsheet will automatically calculate everything you need.
#1 Balance sheet template
The balance sheet is a must-have tool for any small business owner. It offers a clear snapshot of your company's financial health by detailing your assets, liabilities, and equity. Here's what you'll get with this template:
- Assets : Cash, inventory, equipment, investments, and more.
- Liabilities : Loans, accounts payable, accrued wages, unearned revenue, and more.
- Equity : Owner's investment capital and retained earnings.
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Keep your balance sheet up to date, and you will always have a clear picture of your finances to make better business decisions. It's your go-to document for tracking what you own and owe.
#2 Business expenses template
As the name indicates, a business expenses template can help you manage costs related to business operations. Want to track your planned and actual expenses, along with variances? This template has got you covered.
The business expenses template is also useful for getting a so-called helicopter view of your costs. You can track many expenses, such as:
- Employee : Wages and benefits.
- Marketing : Website hosting and management, collateral preparation, events, and miscellaneous expenses.
- Office : Lease, gas, electric, water, internet access, etc.
- Training and travel : Training classes and training-related travel costs.
![excel business plan example Business expenses template](https://cdn.sanity.io/images/poftgen7/production/236c5967db7c902013ad6db429a4dc0dc5f05ec8-1206x488.png?w=700&h=283&q=75&fit=max&auto=format)
Simply fill in your company name and logo, then enter details in the planned and actual expenses tables. The template automatically updates the expense variances and generates charts in the expense analysis worksheet.
#3 Income and expense sheet template
All businesses need to keep an eye on their income and expense comparisons. This template provides a monthly budget summary – and breaks down your income and expenses in a clear, organized way. It features key elements, like:
- Income : Net sales, interest income, asset sales, and total income.
- Personnel expenses : Wages, employee benefits, commissions, and total personnel costs.
- Operating expenses : Advertising, maintenance and repairs, supplies, rent or mortgage, taxes, and more.
![excel business plan example Income and expense sheet template](https://cdn.sanity.io/images/poftgen7/production/61ab444d896f6f9ca893d9ad9c87af9d8dbd8cc9-1178x382.png?w=700&h=227&q=75&fit=max&auto=format)
How do you balance it all? By subtracting your total expenses from your income, you get a clear picture of your financial health. With this template, you can see where you might need to optimize business processes to save costs.
#4 Event budget template
Planning a company event ? Luckily, this event budget template can be your handy tool for keeping track of every detail.
Use it to break down costs from services like catering and speakers through advertising to venue fees. Compare estimated costs versus actual expenses and income across various categories such as:
- Event strategy,
- assessment.
![excel business plan example Event budget template](https://cdn.sanity.io/images/poftgen7/production/b7414d8b9001374bcda4fd0ab1081fe9af62f035-1196x528.png?w=700&h=309&q=75&fit=max&auto=format)
You can track project parameters, details, and totals quickly and easily with this template. Enter data in the table to automatically update column charts. Need to add a row? Just select the bottom-right cell of the table and press Tab, or right-click to insert a row. Don't forget to delete unused rows to confirm accurate project totals.
With this template, you'll always stay within your event budget.
#5 Performance report template
For precise tracking, you can use an Excel spreadsheet to create a detailed project performance report.
Inside, there is a definitions worksheet that will guide you on terminologies and formulas.
With this template, you can record the high-level status of multiple projects and compare estimated and actual budget costs with ease. Conditional formatting helps you estimate costs at granular levels.
Key metrics include:
- Budget at Completion (B.A.C.): The baseline project cost.
- Actual Cost (A.C.) : Total costs incurred in completing work during a given period.
- Earned Value (E.V.): The physical work completed during a given period.
- Planned Value (P.V.): The physical work scheduled for completion during a given period.
- Cost Performance Index (C.P.I.): The cost efficiency ratio.
![excel business plan example Project performance report](https://cdn.sanity.io/images/poftgen7/production/2129fe11725ab03d090bf394c25b310e9d8193ab-1208x632.png?w=700&h=366&q=75&fit=max&auto=format)
Just plug in your data and let this template do the heavy lifting. The performance report template will help you keep your projects on track.
#6 Capital forecasting template
Want to know if your business's cash flow can meet your financial obligations? Well, a capital forecasting Excel template is here to help. Your capital numbers can be easily entered into this template, which then does instant calculations and even makes a chart to show your monthly balances. Some important parts of it are:
- Starting cash on hand : Track your cash at the beginning of the month.
- Cash receipts : Include cash sales, collections on accounts receivable, and other income.
- Total cash available : Sum up your starting cash and cash receipts.
- Cash paid out : Detail all expenses, from advertising to wages.
- Ending cash balance : See your cash on hand at the end of each month.
- Loan proceeds : Include any incoming business loan funds.
- Owner contributions : Record additional funds contributed by the owner.
- Other operating data : Monitor sales volume, accounts receivable balance, and inventory on hand.
All you need to do is insert your company name, starting cash on hand, starting date, as well as a cash minimum balance alert. Plug in the rest of your data, and the spreadsheet does the rest. The result is an informative chart of your cash flow.
![excel business plan example Capital forecasting template](https://cdn.sanity.io/images/poftgen7/production/0fdfade64e2d989bf260f851f0b8f19f75594e3c-1212x494.png?rect=0,1,1212,493&w=700&h=285&q=75&fit=max&auto=format)
#7 Company itinerary expenses template
Without proper budget planning, work trip-related expenses can be a headache to calculate. This business trip budget template helps you plan and record all the costs of any business trip, such as travel fares, hotels, dining, transportation, and more. Simply enter the trip details in the data table, and the template will automatically calculate the total trip cost and balance.
Some of the key elements of this template include:
- Target trip budget : Set your budget and track it easily.
- Total cost of the trip : Automatically calculated for accuracy.
- Expense categories : Include airfare, hotel, car rental, gas, entertainment, gifts, miscellaneous, and food.
- Budget status : See if you’re under budget at a glance.
![excel business plan example Company itinerary expenses template](https://cdn.sanity.io/images/poftgen7/production/c3f64b9099bef02a448addfc07d04d4da72ab5d6-1184x658.png?w=700&h=389&q=75&fit=max&auto=format)
Company trips can get pricey fast. The right template will save you budget headaches later on.
#8 Employee timesheet template
Track work hours – daily, weekly, monthly, and annually – with this comprehensive employee timecard. Start by filling in basic information such as employee name, manager name, email address, and phone number.
Log your hours in the monthly tables, with separate columns for regular and overtime hours for each weekday of each week. The template automatically calculates total working hours, regular hours, and overtime hours.
![excel business plan example employee time template](https://cdn.sanity.io/images/poftgen7/production/83b1d0ce70f7dd337e896213225b66eff03ed3d1-1208x450.png?rect=1,0,1207,450&w=700&h=261&q=75&fit=max&auto=format)
This yearly timesheet gives you a complete overview of all your working hours and those of your employees. You will no longer be lost in the dark with your work schedule!
#9 Invoice tracking template
This invoice tracking template is an easy way to organize all your bills. It lets you manage and keep an eye on all your invoices in one place, so you never miss a payment.
Speed up your billing process, avoid late payments, and keep your cash flow healthy by overseeing the details of each invoice. This way, you can easily see what's been paid and what is still due.
![excel business plan example Invoice tracker](https://cdn.sanity.io/images/poftgen7/production/10515e0bb9cf613c5e98b0a10694672bd935d17e-1194x310.png?rect=1,0,1192,310&w=700&h=182&q=75&fit=max&auto=format)
Record the invoice number, date, payment due date, customer name, amount, late fee, total paid, date paid, and outstanding balance. The totals will be calculated for you.
#10 Budget summary template
Want a clear snapshot of your company’s financial health? This budget summary template provides a comprehensive overview of your profit and loss, balance sheet, and key operating metrics . It’s perfect for quickly assessing your business performance. The template has the following elements:
Profit and loss summary
- Revenue : Track total income.
- Gross margin and percentage : See profitability.
- Sales from new products : Gauge innovation impact.
- Regional sales breakdown : Northeast, Central, West regions.
Expenses & margin
- SG&A expenses : Monitor operating costs.
- Pretax operating profit (loss) : Measure performance before taxes.
- Operating margin : Evaluate profitability.
Balance sheet summary
- Period end cash flow : Track liquidity.
- Accounts receivable and inventory : Manage assets.
- Total liquid assets : Assess cash on hand.
- Debt covenant buffer : Ensure financial compliance.
Operating metrics summary
- Production quality : Defects per 1,000 units.
- Capacity : Units per month.
- Sales performance : New orders and days outstanding.
Competitive summary
- Market share and revenue (YTD) : Measure market position.
- New product introductions (YTD) : Track innovation.
- Field salespeople : Estimate sales force size.
![excel business plan example Budget summary template](https://cdn.sanity.io/images/poftgen7/production/e525d86a32d80a58120a75fd3eec3338f14e43fa-888x192.png?w=700&h=151&q=75&fit=max&auto=format)
You also get automated charts for profit and loss and balance sheet summaries, which make this template a powerhouse for financial tracking.
Bonus: 3 essential marketing templates
Expense tracking is not the only thing you can do with spreadsheets. They can also be used for marketing and sales and can aid in better alignment . These are three examples of such usage:
#1 Marketing planner template
Would you like your email marketing campaigns to be more effective? This marketing planner template is just what you need. It’s divided into three sections: Email Planning, Email Results Tracking, and A/B Testing Planning & Results.
How to use it:
- Email Planning : Plan out each campaign, including content, design, and timing.
- Email Results Tracking : Keep track of key metrics like delivery, open, and clickthrough rates.
- A/B Testing : Plan and track your A/B tests to optimize your emails.
![excel business plan example marekting planner template](https://cdn.sanity.io/images/poftgen7/production/6c6fb5cec69574d154fbe97f27aa8be63caa26ef-908x154.png?rect=1,0,906,154&w=700&h=119&q=75&fit=max&auto=format)
It helps you organize, execute, and analyze your email campaigns efficiently.
The template includes columns for various components with descriptions, auto-populating cells for metrics, and a customizable layout to fit your needs. Also, you can easily add rows or duplicate the template for new months.
#2 Marketing overview template
If you need a comprehensive overview of your marketing performance, this template is designed for you. Data can be accessed for up to 5 years or 260 weeks, which provides a comprehensive picture of your marketing efforts over time.
At the end of each week, enter your latest metrics in the shaded spaces of the Datasheet. Look up the current week's starting date in column A, then fill in columns C-Z. Check the notes in row 3 for specific instructions on each column.
Some key parts of this template are:
- Google ad spend
- Number of visitors and single-page visits
- Emails sent and opened
- Email contacts and subscribers
- Ad spend across Facebook, Instagram, Twitter (X), LinkedIn, YouTube
- Social media followers and likes
- Sales sourced from various channels
Your report could look like this:
![excel business plan example Marketing overview template](https://cdn.sanity.io/images/poftgen7/production/140d8a207d575c43f63457c4d4fe1ff5307b2f37-878x514.png?w=700&h=410&q=75&fit=max&auto=format)
Automated chart updates make it easy to see your performance over time. With the marketing overview, you can gain many invaluable insights that will change your business outlook.
#3 Contact list template
It can be challenging to manage contact information efficiently. Luckily, there are many solutions, and spreadsheets are one of them. You can use this template to create your own contact list.
Why is it so important? Keeping an organized contact list helps optimize your outreach efforts and guarantees that no lead falls through the cracks.
Here’s what’s included in the template:
- Name : Full names for personalized communication.
- Company : Affiliation for context.
- Position : Job title to tailor your approach.
- Email : Primary mode of communication.
- Phone number : For direct contact.
- Notes : Additional information or follow-up details.
![excel business plan example Contact list template](https://cdn.sanity.io/images/poftgen7/production/ac773eed221fb0824f46d3050087f0b6e7bdefc3-886x588.png?rect=1,0,885,588&w=700&h=465&q=75&fit=max&auto=format)
Using this template, you can easily manage and build a comprehensive list of prospects for more efficient marketing and sales efforts.
However, as time goes by, you will find that such templates might not be enough.
When you get to that point, consider switching to a CRM, even a free one . A CRM has all the capabilities spreadsheets do, and more.
Small business spreadsheet expense tracking best practices
Keeping tabs on your small business expenses doesn't have to be a headache. With the right spreadsheet tactics, you can turn expense tracking from a dreaded chore into an efficient process. What should you do?
Choose the right platform
When it comes to tracking expenses, you will need the right platform. How do you decide? Consider your needs and the features of each tool.
Google Sheets is a great option if you want a free, user-friendly tool that allows easy sharing and real-time collaboration. Why? It’s accessible from anywhere, and pretty much everyone knows how to use it.
On the other hand, Microsoft Excel offers more advanced features and powerful data analysis tools, ideal for detailed financial tracking and complex calculations.
Assess your business requirements and decide whether ease of use or advanced capabilities are more important. This choice can speed up your expense tracking and improve financial management.
Set up a clear structure
To ensure effective expense tracking, start with a clear structure in your spreadsheet. A well-organized layout allows for easy data retrieval and accurate analysis, which reduces errors and saves time.
Create columns for:
- Date : When the expense occurred.
- Expense category : Classify the type of expense (e.g., office supplies, travel, accommodation).
- Amount : The cost of the expense.
- Payment method : How the payment was made (e.g., credit card, cash, PayPal).
- Notes : Additional details about the transaction.
Each transaction should have its own row to guarantee detailed and organized records. With a clear setup, you can quickly identify spending patterns, adjust your cash flow, manage budgets, and make informed financial decisions.
Customize categories
To make expense tracking more effective, customize your expense categories to fit your specific business needs. Tailoring categories helps with tracking and gives you a lot more financial insights.
Start with common categories and adapt them to your business:
- Operating expenses : Rent, utilities, office supplies.
- Capital expenses : Equipment purchases, and property investments.
- Cost of goods sold : Raw materials, production costs.
- Marketing expenses : Advertising, promotional materials.
- Employee expenses : Salaries, benefits, training.
- Travel expenses : Flights, accommodation, meals.
- Miscellaneous expenses : Unexpected costs, sundry items.
Customized categories help you see how you spend your money more clearly and filter and sort data more easily. This way, you can conduct more targeted strategic planning and financial analysis.
Keep your information detailed
It is easier to look over and manage your money when you keep accurate and detailed records.
Be sure to include these elements in each of your records:
- Precise date : Know exactly when the expense occurred.
- Full transaction amount : Record the exact cost.
- Vendor name : Identify where the money was spent.
- Brief description : Note what the expense was for.
Adding these details to your financial tracking makes it clearer and more comprehensive. You can quickly spot discrepancies, track income, shorten audits, and prepare for taxes with ease.
Create summary tables
You need a clear overview of your business finances. Luckily, summary tables are here to help. They give you a quick look at your finances, which makes tracking expenses much easier.
Compile monthly expense totals and create an annual summary table. Break down the year-to-date totals across different categories such as operating expenses, marketing costs, and travel expenses. Here’s what to include:
- Monthly expenses : Track expenses month by month.
- Category breakdown : Operating expenses, marketing costs, travel expenses, etc.
- Subcategories : More detailed splits, such as office supplies under operating expenses.
- Year-to-date totals : Cumulative expenses for the year.
- Variance : Compare actual costs against budgeted amounts.
- Percentage of total : Each category’s share of total expenses.
- Monthly averages : Average expenses per month for each category.
- Graphical representation : Charts and graphs for visual insights.
It is a smart way to quickly compare monthly and yearly costs so you can make better budgeting choices. Summary tables simplify financial analysis and help you stay on top of your business's finances.
Audit regularly
Regular audits help you catch discrepancies and detect potential issues early. They also verify the accuracy of your financial statements and help with regulatory compliance.
What should you do? Conduct periodic reviews of your expense data by:
- Checking for inconsistencies : Compare receipts and invoices with recorded expenses.
- Ensuring policy compliance : Verify that all expenses align with your company’s expense policy.
- Detecting unusual patterns : Look for irregularities that might indicate errors or fraud.
- Reviewing expense categories : Confirm that expenses are correctly categorized.
With regular audits, you gain the trust of your stakeholders and keep your business running smoothly.
Consider automation
While spreadsheets are useful, have you considered using expense-tracking apps or software? Automation offers advanced features like receipt scanning and smooth integration with accounting systems. You will also get to keep everything in one place instead of jumping back and forth between different spreadsheets.
You can easily upload receipts, categorize expenses, and sync with your financial software, which means no more manual entries or lost receipts. Automated systems can also generate insightful reports, which can help you make educated decisions quickly.
What should you look for in an expense tracking tool? Consider features like:
- Receipt scanning : Easily upload and categorize receipts.
- Automatic categorization : Save time with intelligent expense sorting.
- Integration with accounting software : Confirm your financial data is always up-to-date.
- Real-time updates : Monitor expenses as they occur.
- Mobile app accessibility : Manage expenses on the go.
- Multi-user support : Allow team members to submit expenses.
- Customizable reports : Generate reports tailored to your needs.
- Expense approval workflows : Unify approval processes.
For example, Capsule CRM is an excellent tool that integrates seamlessly with Xero , a leading accounting system. With this integration, your financial data is always up-to-date and easy to get to, so you can keep a good eye on your business's money.
Stay on top of expenses with Capsule CRM
![excel business plan example excel business plan example](https://cdn.sanity.io/images/poftgen7/production/1fb435a449d40b71ff1f183e61c5089085003c5e-902x548.png?w=700&h=425&q=75&fit=max&auto=format)
Managing your business expenses just got easier with Capsule CRM’s integration with Xero. This connection allows you to sync customer data, track invoices, and manage payments all in one place.
To give you a full picture of your finances, Capsule CRM and Xero work together to coordinate your leads, create invoices, and keep track of payments. Capsule CRM also integrates with QuickBooks and FreshBooks .
You can access payment due dates, invoice statuses, and estimates directly from Capsule CRM without switching platforms. With this integration, your records for customers and suppliers are also kept up to date automatically, which cuts down on mistakes and saves time.
Capsule CRM offers features such as:
- Instant access to invoice summaries and overdue amounts : Right next to your customer records.
- Automated record updates : Capsule is treated as the source for contact data.
- Streamlined workflow : Add customers directly to Xero from Capsule.
- Comprehensive financial overview : Prioritize workloads with a complete financial picture.
Ready to clarify your expense management and improve financial accuracy? Try Capsule CRM’s integration with Xero now!
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The ultimate guide to creating a marketing strategy
More from forbes.
3 ways to excel in the business of building companies.
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What's driving you towards success?
Entrepreneurship can be a messy affair.
Manifesting success requires a mix of scrappiness, grit , talent, and luck in proportions impossible to predict. For some, the inherent unpredictability implies that the whole endeavor is more art than science, where the risk of failure can be mitigated but not avoided.
If this is your view on entrepreneurship, you are certainly not wrong; the vast majority of start-ups fail to return a penny to their founders.
However, this view is not exactly correct either.
Not every founder is equally likely to fail, and quite a few find their way to success with consistency that defies our understanding of the inherent risks of entrepreneurship. The common denominator among founders and CEOs that seemingly can’t fail is that they approach building companies as a process to be perfected. For them, entrepreneurship is simply the business of building companies, and adopting this mindset is one of the most transformative insights for any leader.
Join us below as we explore three particularly potent variations of this approach to entrepreneurship, all with proven results.
Founders Who Transmute Purpose and Frustration Into Success
For some, entrepreneurship is something to fall into after nothing else has panned out as planned.
For others, becoming a founder is the culmination of decades of preparation and introspection that leave no other choice than forging one’s own way forward. You will hear leaders belonging to this category speak natively of purpose, passion and perseverance against even the most daunting odds, and it is here where we find leaders who might stumble but are unlikely to fall as they make their way towards success.
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“ In the beginning, I didn’t have a website, producers, clients or anything else that you need to run this kind of a business ,” Aubre Winters-Casiano, founder of workout platform Sweat Sessions noted in our recent discussion about turning scrappiness into success.
“ All I had was a ‘why’, and that why fueled the grit and perseverance I needed to build Sweat Sessions into the international online community and studio it is today ,” Aubre reflected on what drove her forward during the most challenging times of her leadership journey.
Knowing your ‘why’ seems to be a CEO’s superpower, something which Simon Sinek has expanded upon wonderfully in his book Start With Why .
It’s not that entrepreneurship is relentless toil one cannot withstand without a clear sense of purpose. On the contrary, most who succeed in entrepreneurship fall in love with being an entrepreneur long before they succeed in it. However, a clear sense of purpose is what gets founders to get up each time they are knocked down. It is exactly this type of resilience that hikes the odds of succeeding regardless of where one starts from.
Few know the transformative power of purpose and resilience as intimately as Alyssa McKay who lifted herself from a life spent in foster homes to a career as the co-founder of streetwear brand Beyond Lost and lifestyle creator with millions of followers.
“ It’s all been rather surreal ,” Alyssa noted as we retraced the path she has taken to where she is today. “ I’ve never had a backup plan for entrepreneurship. I know that what covered my rent last month might not pay out another dime next week, and the way I play it safe is pushing myself by constantly taking risks and investing into myself and my business ,” Alyssa explained.
If you’re having a hard time defining your purpose, you can lean on frustration just as well.
“ I was incredibly frustrated with the state of the medical field ,” Dr. Mitesh Rao, CEO of healthcare data ecosystem OMNY Health , recalled during our chat about what got him started.
“ I looked everywhere for a pre-existing solution to the fragmented state of healthcare data. At some point I realized that I would need to take action myself, and the best way to do that would be by leaving medicine altogether to become an entrepreneur ,” Mitesh continued to reflect.
Although the results can be extraordinary, there’s nothing magical about purpose, passion, or frustration. Instead, when founders rely on this trio of drivers, they significantly tip the scales of fortune in their favor.
Just as luck favors the prepared, success comes to those who don’t know how to give up. The same goes for those who simply can’t shake off the feeling that there’s a problem with their name on it waiting to be solved.
Founders Who Just Can’t Let Go Of A Good Problem
There are two kinds of people when it comes to problems: those who know to avoid them and those who can’t stop themselves from trying to solve them.
Mathematicians are known for their love of a good problem, even if it means collectively devoting centuries to reaching a solution.
There’s an uncanny similarity between founders who seem almost destined to make it and mathematicians who can’t let go of a problem until it’s solved. For starters, both begin by asking questions others ignore.
“ How is it that we can buy fresh food for our dogs, but everything for babies comes in a can ,” Ben Lewis, co-founder of Little Spoon , found himself asking out loud more often than he liked.
“ I was by no means a baby food expert, but the question just wouldn’t let me go. Ultimately my co-founder and I succumbed to the need to find an answer, and we realized there was no reason why parents shouldn’t be able to buy fresh baby food. It just hadn’t been done, which is why we decided to do it ”, Ben reflected on the company’s beginnings.
For founders motivated by an insatiable need to find an answer, entrepreneurship is the only logical conclusion. Here we find something that goes beyond purpose or passion; certainty of direction .
Leaders who find themselves equipped with certainty of direction can be true forces of nature, with success being an inevitability even if reaching it means going back to the drawing board until the equations line up.
Elise Burns, founder of veterinarian staffing agency Evette , is a great example of how conviction can lead to success.
“ I have to admit that I wasn’t even an animal lover until I got started with Evette ,” Elise confessed during our discussion on how her path to leadership began by identifying a problem instead of a deeply held passion for the industry.
“ What roped me into this life was my inability to let go of solving an obvious problem others were ignoring. How can it be that the veterinary industry didn’t have a human-centered recruiting process while the human side did ,” Elise explained as we dug deeper into what got her started with Evette.
The reason why building a business around a problem is a particularly powerful approach is that it focuses the founding team's efforts while also inviting them to try new approaches until the original itch to get started has been scratched.
“ We had already launched three to four times with different versions of our core idea, but nothing really happened ,” Brendan Kamm, CEO of enterprise gratitude and gifting platform Thnks , reminisced as our chat turned into his views on why they ultimately succeeded in launching off the ground.
“ We wouldn’t be here without our drive to pivot until we found a solution to what we knew to be a problem others were having; the lack of truly personal forms of expressing gratitude over a distance. I could have never guessed that our product-market-fit would come together how it did, but I knew that as long as the problem persisted we’d need to continue trying ,” Brendan added.
Founders and Funders Who Build Companies As A Business
We have a tendency to oversell the importance of individuals and understate that of the team behind them.
Even Steve Jobs, Elon Musk, and Jeff Bezos needed their teams to make it, and there’s a fascinating group of founders and venture capitalists who know how to leverage this fact to their advantage.
“ It can be incredibly difficult to get a company off the ground even if the timing is right and the business model is impeccable ,” Kevin Leneway, CTO of Pioneer Square Labs which has raised tens of millions of venture-funding for a number of start-ups within their portfolio, stated in our discussion on how their company has formalized the business of building successful companies.
“ The reason why most start-ups fail to live up to their potential is that they never get the right team behind them. This is why we run a start-up studio that lowers the risk of entrepreneurship by combining great ideas with financing, operators and technical talent to get the company on the right path ,” Kevin elaborated.
PSL’s approach also includes equipping their foundlings with the right tools, even when it means having to build them themselves as they recently did with JACoB AI - an open source AI agent that streamlines the process of building software.
Material Impact ’s co-founder and managing partner Adam Sharkawy is another believer in the power of optimizing the process of building companies.
“ We build companies in a very codified manner ,” Adam explained.
“ We have a whole ecosystem of core teams that are ready to be deployed to any company within our portfolio with clear goals and exit points for when their skills are no longer needed. Each engagement helps the founders as much as it does the specialist teams in learning how to build companies more efficiently, ” Adam noted as we discussed the positive feedback loops that emerge from Material Impact’s approach.
What PSL, Material Impact and their peers have realized is that there’s outsized returns to be had by treating company formation as a business in itself.
Founders and VC who have internalized this approach leave less to chance after each iteration, ultimately making each venture less of a gamble and more of a trial run.
For those who are still looking for their path to entrepreneurship it's relieving to know practice and commitment can make up for purpose and a passion for problem-solving.
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Top Project Management Excel Templates
Find the top project management templates in microsoft excel and smartsheet that you can easily download and use for free to help you track project status, communicate progress among team members and stakeholders, and manage issues as they arise..
By Kate Eby Updated June 18, 2024
![excel business plan example Project-Management-Project-Tracker](https://www.smartsheet.com/sites/default/files/IC-Top-Project-Mgmt-Project-Tracker-Excel.png)
Project Tracker Template
Manage, track, and update all project details, and gain insight into how the project is progressing against your project plan with this project tracker template. Document project details, like tasks, status, priority, deadlines, budget, resource hours and more within the template.
Download the Excel Project Tracker Template
Use the Smartsheet Project Tracking Template
![excel business plan example simple project plan template with sheet and dashboard](https://www.smartsheet.com/sites/default/files/2023-06/simple-project-plan-sheet-dashboard_1.png)
Smartsheet Simple Project Plan Template
This solution template, which includes a task tracker sheet, status report, and a project dashboard, is a simple, best practice approach for managing the work required to initiate, plan, and launch your project. Share with your team to optimize efficiency, gain consistency, and adopt a data-driven process for any project based work.
Use the Smartsheet Project Plan Template
![excel business plan example Project-Management-Agile-Project-Plan](https://www.smartsheet.com/sites/default/files/IC-Top-Project-Mgmt-Agile-Project-Plan-Excel.png)
Agile Project Plan Template
Visually manage project schedules, sprints, and task durations, track agile requirements, establish timelines, and organize resources to ensure all sprints of your Agile project stay on track with this Agile project plan template.
Download the Excel Agile Project Plan Template
Use the Smartsheet Agile Backlog and Sprint Planning Template
![excel business plan example Gantt Chart Project Excel](https://www.smartsheet.com/sites/default/files/IC-Top-Project-Mgmt-Gantt-Chart-Excel.png)
Gantt Chart Project Template
Organize and track simple projects and timelines on a horizontal bar chart with this Gantt chart project template. Input task names, start and end dates, and duration times, to identify dependencies, create a high-level view of your project timeline, and keep tasks and projects on track.
Download the Excel Gantt Chart Template
Use the Smartsheet Gantt Chart Template
![excel business plan example Project-Management-Project-Timeline](https://www.smartsheet.com/sites/default/files/IC-Top-Project-Mgmt-Project-Timeline-Excel.png)
Project Timeline Template
Track project progress, identify potential delays, and mitigate issues before they occur with this project timeline template. Monitor how your project is progressing and how long each task actually takes to ensure that it stays on schedule.
Download the Excel Project Timeline Template
Use the Smartsheet Project Schedule Management Template
![excel business plan example icon illustration of templates](https://www.smartsheet.com/sites/default/files/2024-07/icon-illo-template_4x.png)
Smartsheet Solution Templates
Smartsheet templates go beyond just a static spreadsheet and provide everything you need in one place. Easily manage your projects with a familiar interface, beautiful dashboards, and intuitive status reports, so everyone on your team is on the same page.
![excel business plan example Project-Management-Project-Budgeting](https://www.smartsheet.com/sites/default/files/IC-Top-Project-Mgmt-Project-Budgeting-Excel.png)
Project Budgeting Template
Ensure your project stays within budget by tracking all expenses, like labor, materials, fixed costs, and actuals. Manage additional spend and provide insights into budget variance so all team members and stakeholders are kept in the loop with this easy-to-use template.
Download the Excel Project Budgeting Template
Use the Smartsheet Project Budgeting Template
![excel business plan example Project-Management-To-Do-List](https://www.smartsheet.com/sites/default/files/IC-Top-Project-Mgmt-To-Do-List-Excel.png)
To-Do List Template
Document important hourly, daily, or weekly tasks with this helpful to-do list template. Organize personal or business tasks so you can ensure you’re focusing on the right priorities, and view your tasks across the entire week to stay ahead.
Download the Excel To-Do List Template
Use the Smartsheet To-Do List Template
![excel business plan example Project-Management-Project-Risk](https://www.smartsheet.com/sites/default/files/IC-Top-Project-Mgmt-Project-Risk-Excel.png)
Project Risk Template
Ensure you identify all projects risks, like scope creep and ill-defined dependencies, with this project risk template. Identify and mitigate risks early in the project so they don’t affect budget or deadlines, and keep all stakeholders in the loop on potential issues.
Download the Excel Project Risk Template
Use the Smartsheet Project Risk Template
![excel business plan example Project-Management-Project-Timesheet](https://www.smartsheet.com/sites/default/files/IC-Top-Project-Mgmt-Project-Timesheet-Excel.png)
Project Timesheet Template
Track, allocate, and manage project resources and give team members and stakeholders insight into who is working on what. Identify resource availability on a weekly or monthly basis, and manage multiple projects at once without over allocating resources.
Download the Excel Timesheet Template
Use the Smartsheet Project and Resource Management Template
![excel business plan example Project Management-Issue-Tracker](https://www.smartsheet.com/sites/default/files/IC-Top-Project-Mgmt-Issue-Tracker-Excel.png)
Issue Tracker Template
Identify and track how potential issues could affect your project timeline, and mitigate any that do occur with this issue tracker template. Assign team members to solve problems as soon as they arise to avoid delays and ensure accountability.
Download the Excel Issue Tracker Template
![excel business plan example Project-Management-Dashboard](https://www.smartsheet.com/sites/default/files/IC-Top-Project-Mgmt-Dashboard-Excel.png)
Project Management Dashboard
Quickly communicate the status of your project and share the big picture view with key stakeholders and other team members. Share the high-level status of your project and report on the most important data and information.
Download the Excel Project Management Dashboard
Use the Smartsheet Project Management Dashboard
Smarter work, successful projects
Empower your people to go above and beyond with a flexible platform designed to match the needs of your team — and adapt as those needs change.
The Smartsheet platform makes it easy to plan, capture, manage, and report on work from anywhere, helping your team be more effective and get more done. Report on key metrics and get real-time visibility into work as it happens with roll-up reports, dashboards, and automated workflows built to keep your team connected and informed.
When teams have clarity into the work getting done, there’s no telling how much more they can accomplish in the same amount of time. Try Smartsheet for free, today.
Additional Resources
The essential guide to project risk analysis.
How to do project risk analysis, including tips from experts, basic steps in the process, and a free, downloadable starter kit.
Dec 8, 2022 14 min read
How to Write Effective Project Goals with 32 Professional Examples
Learn how to write project goals & what mistakes to avoid. Plus, extensive, shareable, and categorized list of project goals.
Jun 5, 2023 10 min read
Project & Portfolio Management 101: A Beginner’s Guide
Start managing my projects in real time with smartsheet..
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Download free, customizable business plan templates in Excel — for small businesses, startups, and more.
Our business plan excel template includes the following sections: Income Statement: A projection of your business' revenues, costs, and expenses over a specific period of time. Includes sections for sales revenue, cost of goods sold (COGS), operating expenses, and net profit or loss. Example 5 Year Annual Income Statement.
Download freeBusiness Plan Example format in excel Sheet. Business plan Sample template in excel sheet is 100% editable and free to download.
Planning the future for business big and small just got a lot easier with these business plan templates and designs. Customize them for your project of any size.
A business plan template is a structured framework for entrepreneurs and business executives who want to create business plans. It comes with pre-arranged sections and headings that cover key elements like the executive summary, business overview, target customers, unique value proposition, marketing plans, and financial statements.
Download a free business plan template for Word with sample tables and financial statements in Excel.
Looking for a free Excel business and financial plan template? Check out the key components of a business financial plan and download your free template now.
Choose from a variety of free business plan templates in PDF, Word, and Excel formats, as well as a business plan sample and outline to get started.
Download a variety of free, customizable startup business plan templates in PDF, Word, and Excel formats.
Our Business Plan template allows you to project your company's revenues across multiple subscriptions or services, as well as multiple products. The template helps to visualize your profits, capital expenditures or CAPEX, employee salaries, company expenses, and so on. For subscriptions, we track the lifetime value, cost of acquisition, and ...
Craft a winning business plan with this guide: essential insights and tools for entrepreneurs, setting a robust foundation for your venture.
Start with a template. Download these templates from the Office Templates site to create your plan: Fill in your Business plan. Analyze your market with the Business market analysis template. Detail your financials in a Financial plan. Divide up the work and track deliverables with this Business plan checklist. Wrap up with this Business ...
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Business plan in Excel: Create a financial plan in Excel. Here are the rules, tips & tricks and a great Excel template as a free download.
Easily come up with strategies, a time frame, and a list of activities for your business plan by downloading our pre-made business operational template. Just enter the basic details relating to the plan in the given spaces of the template using any available file formats. Download this plan sample for free now!
Guide to Excel Business Plan Template. Here we discuss how to create Excel Business Plan Template along with examples and excel template.
Download this 40-page MS Word Business Plan template and 10 free Excel spreadsheets to write your next business plan. Includes sample guidelines and interactive spreadsheets.
Optimize your spreadsheets, streamline finances, and make data-driven business decisions with the top Excel templates and models.
Why reinvent the wheel? Get free professional business plan templates at no cost.
Download free financial statements and other financial templates for your business plan in PDF, Google Sheets, and Excel formats.
This startup business plan template helps you get one step closer to success. The sheet includes instructional sections for an executive summary, marketing plan, startup expenses, and more!
Sample business plans. Traditional and Lean business plan templates for new small business owners.
Setting up a new business and wondering how to write a business plan? This guide explains how - plus, download your free business plan template.
Create a sample business plan for event management company with this helpful resource, including market research, service offerings, and financial planning.
Not sure how to write a business plan outline? Here's a step-by-step guide and an example to make everything easier for you.
Discover how successful founders turn entrepreneurship into a systematic process, harnessing purpose, problem-solving, and structured support to excel.
Download free, easy-to-use project management templates in Excel, including project plans, Gantt charts, budget templates & more.
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