How to Make Templates for Creating a Business Budget

Here is an easy way to manage finances for a business by creating budget tracking templates. These sample business budget forms are printable making them both user friendly and versatile.

Things You'll Need

• laptop or home computer
• financial software like Microsoft Money
• budget calculator
• printer
• operating expenses, income data

Instructions

1. If you have a business desktop PC, mac or personal notebook, you may access for free or can download a management software such as Microsoft Money to help design your own templates for creating a business budget.

2. Design your business budget templates around 6 main categories:
   1. Monthly sales goals
   2. Monthly Gross Performance (in dollars)
   3. Monthly business supply budget tracking expenses
   4. Monthly operating Expenses
   5. Monthly Miscellaneous Expenses
   6. Total Net Monthly Profit (free income available)

3. Business operating expenses should include rent or mortgage, property and casualty, lease payments, utilities, taxes, and employee payroll tracking.

4. Budget supply expenses include office materials, travel expenses, gasoline, auto insurance, leasing, etc. and advertising make up the next category on your business budget templates.

5. Miscellaneous debts should include any business credit loans and monthly balance you choose to pay should make up the next category on your budget templates.

6. Figure your total monthly business gross sales at top of your budget templates, then total your monthly operating and supply tracking expenses for each category, and subtract creating your net profit balance at the bottom of your small business budget form.

Tips & Warnings

• Always round up when estimating your monthly operating expenses

• Get your sample business budget templates completed first and list as many as you can think of under miscellaneous before tracking your own expenses.

• Divide your business budget in 2 if paid bi-weekly or 4 if every week to help in creating your payment schedules

• Always create an category in your budget tracking template under miscellaneous for emergency or liquid expenses and decide how much you can free up each month to add to this fund

Resources

• Printable Budget Resources