You would sleep much at night if you kept better records of your business’s revenue, expenses, and profits. Plus, you wish it was simple to know when and how much you could pay yourself instead of doing it willy nilly and hoping for the best. . .
IMPORTANT: This small business budget system is NOT a full accounting system. If you have a mid to large size business, I recommend you use a full accounting software like Quickbooks ($14-$100/mo) to track your business’s financials so you can generate a cash flow statement, balance sheet, and profit and loss statement plus keep track of your other financials in a more detailed manner. If all of that sounds like a little much for your current stage of business, this spreadsheet and system is probably right for you! This is a simple, easy to use, and easy to understand system for very small businesses and solopreneurs who are in the beginning stages of getting organized financially. With this system you will begin to understand your business’s revenue, expenses, and profits more clearly. See the video below for more details on if this system is right for your business and a short walkthrough.
NOTE: This tool works best with Excel, but can also be used with Google Sheets.
To open in Google Sheets, download and save the file to your computer without opening it. Open Google Sheets. In the upper right quadrant, select the Manila folder icon to “upload file”. Refresh often.
+ User friendly and FAST
+ Fully automated (formulas built-in!)
+ 35-minute Mini Course + Tutorial on How to Budget for your Small Business included
+ Perfect for small businesses, solopreneurs, side hustlers, and gig workers (e.g. bloggers, Etsy shop owners, home bakeries, digital product creators, coaches, etc.)
+ Fully editable (colors, fonts, add lines, etc.)
+ Clearly displays your monthly financials: revenue, expenses, profits, and how much you’ve paid yourself
+ Clearly displays your annual financials: revenue, expenses, profits, and how much you’ve paid yourself.
+ Perfect for complete beginners OR those with no clear system in place
+ This spreadsheet is NOT a complete accounting system
+ This spreadsheet does NOT have an inventory management system, it’s only for budgeting and tracking basic financials
+ Once you complete your purchase you will be emailed 2 things: 1 Excel File Spreadsheet (can also be converted to Google Sheets) and 1 35-minute Mini Course