Planning a budget can be extremely difficult for many businesses. If you are mapping out a business plan not know where to start and it can be difficult to write out your own budget. The 18 period budget template gives businesses an outline of their budget over the course of eighteen periods of a length that the business designs.
How to use the 18 Period Budget Template
The 18 period budget template is completely customizable to the needs of your business. If the main sources of income come in on a monthly basis you can set the period length to 30 days and the outline will adjust to suit your needs. The user is able to put in all of their expenses in along with their income. If you are a business with multiple sources of income you are able to put in three sources of income right off the bat and if you need to you can add another source of income.
One of the greatest things about this template is that you do not need to do any math at all. You simply insert the amounts for each of your sources of income and expenses and the template will spit out a total for you to keep track of. This template is adaptable so that small business can use it as well. This template is totally customizable and is free for download right now. No matter how large your business is you will find the 18 period budget template to be extremely useful.
18 Period Budget Template Tips
- Do not wait until the end of your eighteen periods to look at this template. Look at it on a period by period basis so you can get an idea as to what adjustments you can make.
- Be sure to customize the budget to meet your needs. If you are paid on a 30 day basis do not try to adapt the budget just change your period length.
- Do not become discouraged if you are not meeting your budget, knowing what your sources of expenses are is half of the battle.
Download: 18 Period Budget Template
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