Download Monthly Business Budget Template In Excel

A monthly business budget provides a precise image of expenses and revenues and gave drive to important business decisions.

Whether to increase marketing or improve efficiencies in other ways. It also summarizes your organization’s financial and goals, so it is an action plan that helps you assign resources, design performances, and formulate plans.

Firstly having a business budget is important for any size business. Therefore, a business budget helps you decide whether you can increase your business, give yourself a lift, or purchase additional inventory and assets and helps you to avoid bankruptcy.

If you thinking of starting a business, it’s a free Business Start-Up Costs Spreadsheet. A startup expenses examination is an important part of a good business plan and can help you get things off and more detailed business budget.

How to create a Monthly Business Budget in Excel

This spreadsheet contains sample business budgets created for companies providing services or selling products.

The Services template is a simple business budget that divides income and business expenses into different categories that closely match an income statement. The categories are complete, easy to add, remove, and adjust the categories.

The Goods template added the categories in the Services worksheet, also has a Cost of Goods Sold section for recording purchases and Gross Profit.

The sales and business expenses are broken down by month. It is helpful for budgeting quarterly expenses and other business expenses that occur at a specific time.

The Goods worksheet records sales and the cost of goods sold for multiple products.

A detailed review of your business expenses and cost of goods sold (COGS) if you are selling multiple products. For instance, Columns and Rows are included for calculating the Percentage of Total Sales for each product.

Why you Need a Monthly Business Budget

The budgets help businesses reach their target. If you need assistance in setting business priorities, a budget is the best place to start. Budgets also facilitate cutting business risk, problems and recognizing opportunities. Tool to organize and plan.
Without a budget, you are aimlessly creating your business. Example of business Budget Categories

Total start-up funds
Costs and Debts
monthly revenue and expenses
Estimation of profits
Funds needed for expenses

How to create something useful for Budget

Calculate Fixed Costs

Create a business budget to calculate all fixed costs. The fixed cost refers to any periodic expense that remains the same each month. Fixed costs can be weekly, monthly or yearly expenses and revenues

A monthly business budget helps you to break them down separately for a clear picture. Each business has expenses that differ from its operation. This is where to record financial statements. Therefore, financial statements should include a customized list of all fixed costs.

Fixed costs include:
Taxes and Rent
Website Hosting

Average Income

If you are starting a new business, budgeting will need to be more stable.
Businesses can begin by estimating revenues. So, you would rather underestimate than overestimate. However, this can be adjusted monthly to illustrate income.

Budget planning begins with revenue and income. This helps determine your expenses
Average Income includes-
Product sales
Investment revenues

Variable Costs

Determining variable expenses is important. Variable expenses are those that address directly changes in inactivity. Expenses are things that don’t have set costs and vary from month to month.
Example of Variable expenses-

Marketing costs
Sales costs


Download this Monthly Business Budget 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:

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. 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 Monthly Business Budget Excel Template

Instruction :

All Excel templates and tools are sole property of User can only download and use the excel templates for their Personal use only. All templates provided by XLSX templates are free and no payment is asked. However, you are not allowed to distribute or share in any other website for sole purpose of generating revenue from it.

 You can also download and use our 1000 Best PowerPoint Presentation Templates and 500 Resume Samples from  Completely Free. All our templates are designed by Professionals

Download Free Editable Excel Templates | Popular Templates

Insurance Quote Template

Insurance Quote

Introduction: Streamlining Insurance Quotations An insurance quote is a vital document in the insurance industry, serving as a preliminary estimate of premiums for potential clients.

Read More »
Freelance Quotation Template

Freelance Quotation

Introduction: Mastering Freelance Quotations In the world of freelancing, creating an effective quotation is crucial for outlining the scope and cost of your services to

Read More »
Fencing Quotation

Fencing Quotation

Introduction: Navigating Fencing Service Quotations A fencing service quotation is an essential tool for businesses in the fencing industry. It provides potential clients with a

Read More »
Event Planning Quote

Event Planning Quotations

Introduction: Excelling with Event Planning Quotations An event planning quote is a critical document for event planners, detailing proposed services and costs for organizing an

Read More »
Construction Quote Template

Construction Quote

Introduction: Optimizing Construction Quotations A construction quote is a fundamental document in the construction industry, serving as a formal proposal of costs for construction services

Read More »
Cleaning Quote

Cleaning Quote

Introduction: Perfecting Cleaning Service Quotations Creating an effective cleaning service quotation is crucial in the cleaning business. It serves as a formal proposal outlining the

Read More »

Free editable professional Excel templates can be a useful tool for businesses, organizations, and individuals looking to streamline their data management and reporting processes. These templates can provide a pre-designed and pre-formatted framework for storing and organizing data, as well as for creating charts, graphs, and other visualizations to help communicate that data more effectively.

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.

Another advantage is that these templates are often fully editable, allowing users to customize them to meet the specific needs of their organization or project. This can include adding or deleting rows and columns, changing the formatting and layout, and adding custom formulas and functions.

Some examples of professional Excel templates that may be available for free include budgeting templates for personal or business use, project management templates for tracking tasks and deadlines, and sales tracking templates for analyzing and forecasting sales data. There are also a wide variety of templates available for specific industries, such as real estate, marketing, human resource, Payroll management and among others.

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.