Creating financial projections for a business expansions is a great practice and likely required if you are raising investment or applying for a loan for your business. It's also very important to report your actual performance in comparison to your projections to gauge if you are on track with projections or exceeding them.
Template price: $
297
After helping thousands of businesses create financial projections for their expansion loans or fundraising to grow their business, we created a financial projection template for businesses to compare budget vs actual. This model guides you through forecasting your financial performance for 5 years and also provides a spot to input your actual data to easily measure your progress and report to funders.
The template price: $
297
USD
100% money-back guarantee for 30 days!
ProjectionHub's Budget vs Actual existing business projection template will allow you to use your specific historical financial data and unique estimated growth assumptions to forecast your business growth:
After purchase, you will download an unlocked Excel file with a ready-to-use financial projection template for your business model. You can also open the file to use in Google Sheets!
Using this template you can input your business revenues to use as a basis for your projections. From there, you can choose how you'd like the model to use your historical financials and what future assumptions should be taken into consideration to generate your projections. The options you can choose from when using your historical financial data includes:
Once you have a base monthly revenue calculated, you can increase or decrease each revenue line by a percentage or manually forecast revenue based upon your businesses planned expansion.
Profit and loss at a glance table
Use of start-up funds graph
Key ratios table
Cash generated from operating activities graph
Investor dashboard
5 years of monthly and annual income statement, cash flow and balance sheet reports
We can fill out or modify any of the templates we sell, and we’re always happy to answer questions.
When you call us, you can speak directly to the developers of the model, not a call center or customer service representative.
Contact us in the most convenient way for you. We're here to help you
If the model doesn’t work for you, we’re happy to provide a refund.
If you hired a CPA to build this template from scratch it would take at least 20 hours of billable time to build a similar template. At an average hourly rate of $100 per hour it would cost you $2,000.
20 hours X $100 = $2,000 value
The template price: $
297
USD
100% money-back guarantee for 30 days
Before joining ProjectionHub, Grace served as an auditor for a public accounting firm in Indianapolis. There, she audited start-up tech companies, major regional hospitals, public manufacturers and everything in between.
As an auditor, she gained insight to the inner workings of all kinds of business models. Grace is a CPA, has a bachelor’s degrees in Accounting and French and a Master’s of Accountancy all from the University of Iowa, where she also taught introductory accounting classes to undergraduates.
Grace loves to use her accounting expertise to serve as an advisor to her clients, helping them understand what it takes to make a business succeed.
Adam is the co-founder of ProjectionHub which is a SaaS web application that helps entrepreneurs create financial projections for their business.
Since 2012, over 40,000 entrepreneurs from around the world have used ProjectionHub to help create financial projections.
Adam also serves as the Executive Director of Bankable. Bankable is a Small Business Administration (SBA) lender that makes loans from $500 to $250,000 to Indiana small businesses that are unable to secure financing from a traditional bank.
Adam has managed the loan program since loan #1 in 2010. Since 2010, Bankable has closed over 1,200 loans totaling over $38,000,000. Adam is an entrepreneur at heart and loves working with entrepreneurs to launch and grow their business.
We'll answer your questions about how the template works
We can help you customize your template, add revenue models, expenses or custom charts, tables and graphs -> with our financial modeling services
Your budget is the amount that you expected to generate in revenue or spend on expenses for your business. Actual refers to the amount that you actually ended up generating in revenue or spending on expenses. A budget vs actual report compares these two numbers.
Typically a budget vs actual report will be generated on a monthly basis. Some businesses will only look at the budget to actual numbers on a quarterly basis to gauge progress.
The acceptable budget variance percentage will vary from company to company. Of course if you exceed budget expectations on revenue or spend less on expenses than budgeted the greater the variance the better. If you are missing a budget on the other hand you should aim to stay within single digit percentage variance. For large publicly traded companies missing earnings estimates by even 1% can send a stock tumbling.
A budget vs actual report will give you a progress update and highlight the specific line items that need attention. When used properly a budget vs actual report should lead company management to take action to bring budget variances closer to budget.
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