The monthly business budget template from Microsoft is an essential tool for any company looking to keep tabs on their expenses. This easy-to-use template gives a clear and concise snapshot of all your expenses, as well as areas in which you can improve. The monthly business budget template is available as a free download on this page. Click the link to begin using the monthly business budget template from Microsoft today!
Using the Microsoft Monthly Business Budget Template
The monthly business budget template is a vibrant and brilliantly designed Excel spreadsheet from Microsoft. Only basic knowledge of Microsoft or Excel is required to begin using the template instantly.
As designed, there’s only a single sheet attached to the workbook, but you are free to add as many as necessary. With Microsoft Excel, the customization options are nearly limitless. The Microsoft monthly business budget template can be altered and changed in any way that would better suit the needs of your company.
The first step in using the template is to gather up your income figures, including net sales, interest income and asset sales. You will add the estimated and actual figures and the template will calculate the difference.
Next, add personnel expenses, such as wages, employee benefits and commission. Once again, the template will calculate the figures and give you the difference between estimated costs and the actual amount.
Finally, add your operating expenses, such as advertising, debts, discounts, delivery costs, insurance, sales expenses, shipping costs, and taxes. Once all figures have been added, the monthly business budget template will calculate your total overall income and expenses. These figures will be revealed at the top of the template and in a bar graph in the body of the worksheet.
The final section will show the top operating expenses. Here, you will see how much the top expenses are costing your business and how much you could save with a 15% reduction in cost.
Get Your Own Monthly Business Budget Template from Microsoft Today!
The success of a business depends on many factors, but few are more critical than operation within the confines of a budget. Make sure you’re sticking to your plan with the monthly business budget template from Microsoft. Download the Microsoft monthly business budget template absolutely free right here at ExcelTemplates.net today!
Download: Monthly Business Budget Template
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