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The first 5 schedules of the template will be discussed in detail in this article: Schedule 1- Total Project Cost. This part of the template outlines the fixed assets the working capital and the pre-operating expenses for the initial year of operation. The figures are automatically supplied by the results of the interconnected schedules linked in the items embodied in schedule 1. Schedule 2 - Profit and Loss Statement. This segment of the business plan excel template deals on the 5-year projection on sales less cost of sales as well as net sales less wastage inventory cost and operating expenses to come up with the net profits before and after tax.
These are electronic spreadsheets that are organized in rows and columns. It contains formulas with relative references to other cells and the file extension of an excel format is.xls. You can even modify the appearance of your worksheets by its fonts character attributes and cell appearance if it is according to your preferences. Intelligent cell recomputation is the main key in these templates which allows you to conveniently manipulate over your financial data. You can also amend information from time to time if necessary. It has also an extensive graphing capability for superior outcome reports.
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Microsoft Excel now is one of the most widely accepted spreadsheet program anywhere in the world. The first version was in 1985. The current version is 2007 and soon to be released 2010. Excel has extensive graphing capabilities. There are several other spreadsheet programs on the market. If all you need is to do some simple formulas you may want to consider Open Office or Quattro Pro by WordPerfect and there are others. Do a Google search for Excel clones. From my experience you will not find a more robust program as excel. If you need Macros or to share data with other database programs you should be looking at Excel Something that makes Excel Powerful is that it includes Visual Basic for Applications (VBA) a programming language based on Visual Basic which adds the ability to automate tasks in Excel.