Beruflich Dokumente
Kultur Dokumente
Welcome!
This financial model template is designed to help entrepreneurs provide a simple view of the finan
This document is made up of two main parts: an editable INPUT section where all assumptions on
Statement, Balance Sheet, Cash flow and Financials Summary. The OUTPUT sections detail project
This document has been designed for simplicity and ease of use. You only need to input data into
Instructions
1. Fill your name, company name and Training ID in the fields below
2. Proceed to the ASSUMPTIONS tab and enter your business data/assumptions in the appropriate
3. Confirm the financials in the Cash flow, Balance Sheet and Income Statement tabs match your p
4. Save your document and upload to the portal along with your completed Business Plan for revie
where all assumptions on costs, revenue, growth rates and financing structures are made, and four non-editable
PUT sections detail projections made from assumptions from the input sheet.
y need to input data into one tab - the ASSUMPTIONS tab - and the three financial statements and financial sum
suleman umar
49925
nd four non-editable OUTPUT sections containing the Income
Go to "ASSUMPTIONS" tab
Assumptions
Assumptions unit Baseline
Provide the requested information for your business in each of the ten Assum
A. General
Income Statement Select your business country, business currency (local currency or US Dollar),
Business Country 37
Business Products/Services
Product/Service 1 rice
Cash flow Statement Product/Service 2
Product/Service 3
B. Growth Rates
Enter the expected yearly growth rates for your business below. You can use
Revenue
rice
Sales volume %
Price %
Product/Service 2
Sales volume %
Price %
Product/Service 3
Sales volume %
Price %
Costs
Direct costs %
Salaries %
Rent %
Utilities* %
Marketing/Advertisement %
Administrative %
Maintenance %
Insurance %
Transport %
Subscription/Licenses %
Glossary
Utilities: covers costs for electricity, water, gas, internet and telephone usag
C. Startup Costs
Enter the costs you expect to incur in the process of setting up your business
Land ₦
Building / Civil Works ₦ 2,080,000.00
Furnitures and Fittings ₦
Equipment and Machinery ₦ 120,000.00
Vehicles ₦ 350,000.00
Installations (Internet, Utility, etc) ₦
Automatically compute the additional startup costs by selecting from the drop
Opening Inventory* ₦
Initial Working Capital* ₦
Contingency ₦
Total ₦
Glossary
Opening Inventory: allocation for purchase of initial stock of products for sa
Initial Working Capital: allocation for payments to vendors and employees
D. Headcount analysis
Enter the salary and number of employees you expect for each key business
Business Development*
Number of employees (Mana #
Number of employees (Assoc #
Base annual salary (Manager ₦ 480000.00
Base annual salary (Associat ₦ 1820000.00
Sales/Customer Support
Number of employees (Mana #
Number of employees (Assoc #
Base annual salary (Manager ₦ 480000.00
Base annual salary (Associat ₦ 1820000.00
Marketing
Number of employees (Mana #
Number of employees (Assoc #
Base annual salary (Manager ₦ 480000.00
Base annual salary (Associat ₦ 1820000.00
IT
Number of employees (Mana #
Number of employees (Deve #
Base annual salary (Manager ₦
Base annual salary (Develop ₦
Total Salaries & Benefits for IT personnel
Glossary
Benefits: other elements of the employee remuneration package expected t
Business Development: refers to personnel involved in consultations or ext
Some businesses allot this task to the Sales personnel: only businesses which
E. Operating Costs
Fill the following with data for your business. Note that not all fields may be re
Direct costs
Raw material ₦
Direct labor ₦
Factory overheads* ₦ 450,000.00
Inbound transport ₦
Fixed costs
Salaries and Wages ₦
Rent ₦
Utilities ₦
Marketing/Advertisement ₦
Administrative* ₦ 500,000.00
Maintenance ₦
Insurance ₦
Transport ₦
Subscription/Licenses ₦
Glossary
Direct costs: costs associated with input and labour required to develop you
Factory overheads: covers costs associated with manufacturing such as ele
Administrative: covers costs such as office consumables, travel, and expens
F. Revenue
rice
Base monthly sales volume # 9,500.00
Base product/service price ₦ 9,000,000.00
Seasonality estimates
Monthly revenue may vary due to seasonal trends (holidays, festivities, seaso
JAN FEB
Monthly sales volume 4750.00 4750.00
% of sales revenue realized 50% 50%
Reason for seasonality for Point of lay for Point of lay
60%
50%
40%
30%
20%
10%
0%
J AN FEB
* Future annual volume and price are
Annual sales volume # 57,000.00
Annual product/service price ₦ 9,000,000.00
Product/Service 2
Base monthly sales volume #
Base product/service price ₦
Seasonality estimates
Monthly revenue may vary due to seasonal trends (holidays, festivities, seaso
JAN FEB
Monthly sales volume 0.00 0.00
% of sales revenue realized 100% 100%
Reason for seasonality
120%
100%
80%
60%
40%
20%
0%
J AN FEB
* Future annual volume and price are
Annual sales volume # -
Annual product/service price ₦ -
Product/Service 3
Base monthly sales volume #
Base product/service price ₦
Seasonality estimates
Monthly revenue may vary due to seasonal trends (holidays, festivities, seaso
JAN FEB
Monthly sales volume 0.00 0.00
% of sales revenue realized 100% 100%
Reason for seasonality
120%
100%
80%
60%
40%
20%
0%
J AN FEB
* Future annual volume and price are
Annual sales volume # -
Annual product/service price ₦ -
G. Working Capital
Glossary
Receivable Days: average number of days customers take to pay your busin
Payable Days: average number of days that your company takes to pay its s
Inventory Days: average number of days required for your business to sell o
H. Startup Financing
To start your business, you need cash. Estimate what proportion of your start
Glossary
Grants: money provided as gifts or donations, with no conditions of payback
Equity: money given to the business by venture capitalists or other sources i
Debt: money borrowed from a bank or other lending institution that must be
I. Equity Financing
Additional financing may be required during the course of running a business
Use the table below to estimate how much equity you will need to source in th
fill if applicable
Equity Injection ₦
Opening Balance ₦
Closing Balance ₦
J. Debt Financing
Debt Facility 2
Year loan will be borrowed year
Amount to be borrowed ₦
Repayment period years
Loan end years 0
Debt Facility 3
Year loan will be borrowed year
Amount to be borrowed ₦
Repayment period years
Loan end years 0
Schedules
The schedules below are automatically computed from the data provided in th
Debt Facility 1
Opening ₦
Addition ₦
Principal Repayment ₦
Closing ₦
Interest Expense ₦
Total Debt Service ₦
Debt Facility 2
Opening ₦
Addition ₦
Principal Repayment ₦
Closing ₦
Interest Expense ₦
Total Debt Service ₦
Debt Facility 3
Opening ₦
Addition ₦
Principal Repayment ₦
Closing ₦
Interest Expense ₦
Total Debt Service ₦
Annual Debt
Total Loan Taken ₦
Total Loan Repayment ₦
Total Interest Expense ₦
Total Loan Balance ₦
Days Receivable ₦
Inventory ₦
Days Payable ₦
Net Working Capital ₦
Change in Net Working Ca ₦
Cost
Opening
Land ₦
Building ₦
Furnitures and Fittings ₦
Equipment and Machinery ₦
Vehicles ₦
Installations ₦
Total ₦
Additions
Land ₦
Building ₦
Furnitures and Fittings ₦
Equipment and Machinery ₦
Vehicles ₦
Installations ₦
Total ₦
Closing
Land ₦
Building ₦
Furnitures and Fittings ₦
Equipment and Machinery ₦
Vehicles ₦
Installations ₦
Total ₦
Accumulated Depreciation
Opening
Land ₦
Building ₦
Furnitures and Fittings ₦
Equipment and Machinery ₦
Vehicles ₦
Installations ₦
Total ₦
Charge for the Year
Land ₦
Building ₦
Furnitures and Fittings ₦
Equipment and Machinery ₦
Vehicles ₦
Installations ₦
Total ₦
Closing
Land ₦
Building ₦
Furnitures and Fittings ₦
Equipment and Machinery ₦
Vehicles ₦
Installations ₦
Total ₦
Net Book Value
Land ₦
Building ₦
Furnitures and Fittings ₦
Equipment and Machinery ₦
Vehicles ₦
Installations ₦
Total ₦
Input data in cells colored like this
These cells contain formula, so they will be automatically updated. Don't input data in th
ency or US Dollar), and list the names/descriptions of your business offerings below. Also, input the applicable t
rice
below. You can use the growth rates to demonstrate projected expansion plans for your business
2% 2% 2% 2% 2%
5% 5% 5% 5% 5%
2% 2% 2% 2% 2%
2% 2% 2% 2% 2%
2% 2% 2% 2% 2%
2% 2% 2% 2% 2%
2% 2% 2% 2% 2%
2% 2% 2% 2% 2%
2% 2% 2% 2% 2%
2% 2% 2% 2% 2%
g up your business below. Note that not all costs may be relevant to your business, so only fill where necessary
* Re-purchase of CAPEX costs automatically compute in the year after assets reach salvage value of 0, at compounded inflation rate
- - - - -
2,080,000.00 - - - -
- - - - -
120,000.00 - - 188,822.32 -
350,000.00 - - - 616,819.59
- - - - -
k of products for sale or services to be delivered in the first few months of operating the business
ors and employees in the first few months of operating the business
each key business function. Note that not all headcount groups may be relevant to your own business, so only fi
* Future salary costs are automatically computed from annual growth rates entered in Section B above
1.00 1.00 1.00 1.00 1.00
2142000.00 2249100.00 2361555.00 2479632.75 2603614.39
in, Administration)
1.00 1.00 1.00 1.00 1.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
package expected to cover medical insurance, allowances, pension, training and development, etc
consultations or extensive engagement with customers to identify the best-fit product or service, before sales c
y businesses which consider this a separate responsibility from Sales need to fill this section
* Future direct and fixed costs are automatically computed from annual growth rates entered in Section B above
- - - - -
- - - - -
459,000.00 468,180.00 477,543.60 487,094.47 496,836.36
- - - - -
ys, festivities, seasonal discounts & promos, off-peak seasons, etc.) Account for monthly spikes or slumps in you
Seasonality Trend
FEB
nual volume and price are M AR
automatically AP R
computed from annual growth ratesMentered
AY J UN
in Section B above JUL A
ys, festivities, seasonal discounts & promos, off-peak seasons, etc.) Account for monthly spikes or slumps in you
MAR APR MAY JUN JUL
0.00 0.00 0.00 0.00 0.00
100% 100% 100% 100% 100%
Seasonality Trend
ys, festivities, seasonal discounts & promos, off-peak seasons, etc.) Account for monthly spikes or slumps in you
Seasonality Trend
ortion of your startup costs will be sourced from the various financing sources provided below. Ensure all perce
nditions of payback or part ownership of business. They may come from friends, family or other sources
s or other sources in exchange for part ownership/shares in the business
ution that must be paid back with interest at a future date
running a business, to address foreseeable cash shortage or to finance business expansion efforts.
need to source in the 2nd - 10th year of business operations to ensure adequate cash for operations. You may d
765,000.00
765,000.00 765,000.00 765,000.00 765,000.00
765,000.00 765,000.00 765,000.00 765,000.00 765,000.00
running a business, to address foreseeable cash shortage or to finance business expansion efforts.
eed to source in the 2nd - 10th year of business operations to ensure adequate cash for operations. Each debt f
mputed based on your entry in Section H. You may decide not to take out any loans, so only fill if applicable:
You have already selected this year for a debt facility
data provided in the Assumptions section above. Do not edit any of the cells below
1 2 3 4 5
1 2 3 4 5
- - - - -
- 2,080,000.00 2,080,000.00 2,080,000.00 2,080,000.00
- - - - -
- 120,000.00 120,000.00 120,000.00 308,822.32
- 350,000.00 350,000.00 350,000.00 350,000.00
- - - - -
- 2,550,000.00 2,550,000.00 2,550,000.00 2,738,822.32
- - - - -
2,080,000.00 - - - -
- - - - -
120,000.00 - - 188,822.32 -
350,000.00 - - - 616,819.59
- - - - -
2,550,000.00 - - 188,822.32 616,819.59
- - - - -
2,080,000.00 2,080,000.00 2,080,000.00 2,080,000.00 2,080,000.00
- - - - -
120,000.00 120,000.00 120,000.00 308,822.32 308,822.32
350,000.00 350,000.00 350,000.00 350,000.00 966,819.59
- - - - -
2,550,000.00 2,550,000.00 2,550,000.00 2,738,822.32 3,355,641.91
- - - - -
- 104,000.00 208,000.00 312,000.00 416,000.00
- - - - -
- 30,000.00 60,000.00 90,000.00 167,205.58
- 70,000.00 140,000.00 210,000.00 280,000.00
- - - - -
- 204,000.00 408,000.00 612,000.00 863,205.58
- - - - -
104,000.00 104,000.00 104,000.00 104,000.00 104,000.00
- - - - -
30,000.00 30,000.00 30,000.00 77,205.58 77,205.58
70,000.00 70,000.00 70,000.00 70,000.00 193,363.92
- - - - -
204,000.00 204,000.00 204,000.00 251,205.58 374,569.50
- - - - -
104,000.00 208,000.00 312,000.00 416,000.00 520,000.00
- - - - -
30,000.00 60,000.00 90,000.00 167,205.58 244,411.16
70,000.00 140,000.00 210,000.00 280,000.00 473,363.92
- - - - -
204,000.00 408,000.00 612,000.00 863,205.58 1,237,775.08
- - - - -
1,976,000.00 1,872,000.00 1,768,000.00 1,664,000.00 1,560,000.00
- - - - -
90,000.00 60,000.00 30,000.00 141,616.74 64,411.16
280,000.00 210,000.00 140,000.00 70,000.00 493,455.67
- - - - -
2,346,000.00 2,142,000.00 1,938,000.00 1,875,616.74 2,117,866.83
d. Don't input data in them
input the applicable tax, interest and inflation rates for your country, and depreciation rates for your business a
2% 2% 2% 2% 2%
5% 5% 5% 5% 5%
2% 2% 2% 2% 2%
2% 2% 2% 2% 2%
2% 2% 2% 2% 2%
2% 2% 2% 2% 2%
2% 2% 2% 2% 2%
2% 2% 2% 2% 2%
2% 2% 2% 2% 2%
2% 2% 2% 2% 2%
- - 297,115.58 - 1,087,046.87
wn business, so only fill if necessary.
- - - - -
- - - - -
506,773.09 516,908.55 527,246.72 537,791.66 548,547.49
- - - - -
end
end
- - - - -
- - - - -
end
- - - - -
- - - - -
n how fast you can collect cash from your customers after providing goods/services to them, how
low. Ensure all percentages add up to exactly 100% to adequately account for financing needs:
ther sources
n efforts.
operations. You may decide to not source for additional equity if you have sufficient cash, so only
n efforts.
erations. Each debt facility represents a new loan to be incurred, and the amount to be borrowed
y fill if applicable:
6 7 8 9 10
6 7 8 9 10
- - - - -
2,080,000.00 2,080,000.00 2,080,000.00 2,080,000.00 2,080,000.00
- - - - -
308,822.32 308,822.32 308,822.32 605,937.90 605,937.90
966,819.59 966,819.59 966,819.59 966,819.59 966,819.59
- - - - -
3,355,641.91 3,355,641.91 3,355,641.91 3,652,757.49 3,652,757.49
- - - - -
- - - - -
- - - - -
- - 297,115.58 - -
- - - - 1,087,046.87
- - - - -
- - 297,115.58 - 1,087,046.87
- - - - -
2,080,000.00 2,080,000.00 2,080,000.00 2,080,000.00 2,080,000.00
- - - - -
308,822.32 308,822.32 605,937.90 605,937.90 605,937.90
966,819.59 966,819.59 966,819.59 966,819.59 2,053,866.46
- - - - -
3,355,641.91 3,355,641.91 3,652,757.49 3,652,757.49 4,739,804.37
- - - - -
520,000.00 624,000.00 728,000.00 832,000.00 936,000.00
- - - - -
244,411.16 321,616.74 398,822.32 550,306.80 701,791.28
473,363.92 666,727.84 860,091.75 1,053,455.67 1,246,819.59
- - - - -
1,237,775.08 1,612,344.58 1,986,914.08 2,435,762.47 2,884,610.86
- - - - -
104,000.00 104,000.00 104,000.00 104,000.00 104,000.00
- - - - -
77,205.58 77,205.58 151,484.48 151,484.48 151,484.48
193,363.92 193,363.92 193,363.92 193,363.92 410,773.29
- - - - -
374,569.50 374,569.50 448,848.39 448,848.39 666,257.77
- - - - -
624,000.00 728,000.00 832,000.00 936,000.00 1,040,000.00
- - - - -
321,616.74 398,822.32 550,306.80 701,791.28 853,275.75
666,727.84 860,091.75 1,053,455.67 1,246,819.59 1,657,592.88
- - - - -
1,612,344.58 1,986,914.08 2,435,762.47 2,884,610.86 3,550,868.63
- - - - -
1,456,000.00 1,352,000.00 1,248,000.00 1,144,000.00 1,040,000.00
- - - - -
(12,794.42) (90,000.00) 55,631.11 (95,853.37) (247,337.85)
300,091.75 106,727.84 (86,636.08) (280,000.00) 396,273.58
- - - - -
1,743,297.33 1,368,727.84 1,216,995.02 768,146.63 1,188,935.73
es for your business assets
Income Statement
All figures expressed in thousands
Assumptions unit Year 1
'000
Revenue
rice ₦ 677,160,000
Income Statement Product/Service 2 ₦ -
Product/Service 3 ₦ -
Total Revenue ₦ 677,160,000
Direct Costs ₦ 459
Balance Sheet Gross Profit ₦ 677,159,541
677,159,541
Salaries and Wages ₦ 481,635
Rent ₦ -
Cash flow Statement Utilities ₦ -
Marketing/Advertisement ₦ -
Administrative ₦ 510
Maintenance ₦ -
Summary Insurance ₦ -
Transport ₦ -
Subscription/Licenses ₦ -
Depreciation ₦ 204
Operating Profit ₦ 676,677,192
Interest Expense ₦ -
Profit Before Tax ₦ 676,677,192
Taxation ₦ 33,833,860
Profit After Tax/Net Income ₦ 642,843,332
Year 1
Revenu ###
Expens 482,808,000
Net in ###
OFFSET Year 4
Revenue ###
Cost of ###
Selling, ###
Interest ###
Taxes ###
Net inc 47,322,000.91
Year 2 Year 3 Year 4 Year 5 Year 6
'000 '000 '000 '000 '000
- - - - -
893,807,804 1,179,838,058 1,557,398,522 2,055,778,877 2,713,641,744
44,690,390 58,991,903 77,869,926 102,788,944 135,682,087
849,117,414 ### ### ### ###
Year 2 Year 3 Year 4 Year 5 Year 6
### ### ### ### ###
43,396,080 45,526,033 47,809,095 50,279,504 52,743,285
### ### ### ### ###
- -
487,094.47 -
- 487,094.47
- 487,094.47
77,869,926,089.23 487,094.47
### 77,870,413,183.70
Year 7 Year 8 Year 9 Year 10
'000 '000 '000 '000
- - - -
3,582,021,393 4,728,283,155 6,241,349,513 8,238,597,657
179,101,070 236,414,158 312,067,476 411,929,883
### ### ### ###
Year 7 Year 8 Year 9 Year 10
### ### ### ###
55,329,625 58,118,919 60,969,030 64,178,389
### ### ### ###
Balance Sheet
All figures expressed in thousands
Assumptions unit Year 1
'000
Assets
Current Assets
Income Statement Cash & cash equivalents ₦ 663,698,210
Accounts Receivable ₦ 12,986,630
Inventory ₦ 18
Total ₦ 676,684,858
Balance Sheet Non-Current Assets
Property, Plant and Equipment ₦ 2,346
Total Assets ₦ 676,687,204
- - - - -
- - - -
Investing Activities
Cash flow Statement Purchase of CAPEX ₦ (2,550)
Net Investing Cashflow ₦ (2,550)
Financing Activities
Summary Equity injection ₦ 765
Loan taken ₦ -
Loan repayment ₦ -
Loan interest ₦ -
Net Financing Cashflow ₦ 765
- - (189) (617) -
- - (189) (617) -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- (297) - (1,087)
- (297) - (1,087)
- - - -
- - - -
- - - -
- - - -
- - - -
Annual projections
Taxes
Revenue
Net income
Selling, General a...
Cost of Goods Sold
Interest Expenses
Year 8
Summary Year 9
Year 10
10-year P/L Chart
9,000,000,000,000
8,000,000,000,000
7,000,000,000,000
6,000,000,000,000
5,000,000,000,000
4,000,000,000,000
3,000,000,000,000
2,000,000,000,000
Taxes
Net income
Interest Expenses
1,000,000,000,000
-
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Revenue Expenses Net income
10-year Cashflow Chart
900000000...
800000000...
700000000...
600000000...
500000000...
400000000...
300000000...
200000000...
Year 9
Year 10
100000000...
0
Yea
Yea
Yea
Yea
Yea
Yea
Yea
Yea
Yea
Yea
Yea
-100000000...
Glossary
Term Definition
Opening Inventory Allocation for purchase of initial stock of products for sale or services to be delivered in
Initial Working Capital Allocation for payments to vendors and employees in the first few months of operating t
Benefits Other elements of the employee remuneration package expected to cover medical insu
Business Development Refers to personnel involved in consultations or extensive engagement with customers
Direct costs Costs associated with input and labour required to develop your product or service
Factory overheads Covers costs associated with manufacturing such as electricity and rent for the factory,
Administrative Covers costs such as office consumables, travel, and expenses associated with legal a
Receivable Days Average number of days customers take to pay your business for services rendered
Payable Days Average number of days that your company takes to pay its suppliers
Inventory Days Average number of days required for your business to sell one batch of inventory
Grants Money provided as gifts or donations, with no conditions of payback or part ownership o
Equity Money given to the business by venture capitalists or other sources in exchange for pa
Debt Money borrowed from a bank or other lending institution that must be paid back with int
e or services to be delivered in the first few months of operating the business
first few months of operating the business
expected to cover medical insurance, allowances, pension, training and development, etc
e engagement with customers to identify the best-fit product or service, before sales can be made.
op your product or service
ctricity and rent for the factory, maintenance and insurance costs for factory equipment, etc
penses associated with legal and accounting activities
iness for services rendered
its suppliers
ell one batch of inventory
of payback or part ownership of business. They may come from friends, family or other sources
er sources in exchange for part ownership/shares in the business
that must be paid back with interest at a future date