small business budget

BUSINESS BUDGET Month/Year: Apr-08 SUMMARY Total income Total expenses Income less expenses: ACTUAL 1,432,500.00 339,760.00 1,092,740.00 ACTUAL 1,400,000.00 5,000.00 1,000.00 10,000.00 9,000.00 2,500.00 5,000.00 1,432,500.00 ACTUAL BUDGETED 1,318,080.00 314,910.00 1,003,170.00 BUDGETED 1,200,000.00 4,500.00 980.00 98,000.00 8,000.00 2,600.00 4,000.00 1,318,080.00 BUDGETED OVER BUDGET UNDER BUDGET 114,420.00 24,850.00 89,570.00 OVER BUDGET 200,000.00 500.00 20.00 -88,000.00 1,000.00 -100.00 1,000.00 114,420.00 OVER BUDGET UNDER BUDGET NOTES UNDER BUDGET NOTES Increase advertising next year. INCOME DETAILS Sales Interest earned Fees Commissions Rent Royalties Other Total income: EXPENSE DETAILS SELLING Salaries and wages Commissions Advertising Delivery Shipping Travel Other Total sales expenses: Percent of total: 246,000.00 10,000.00 6,000.00 0.00 0.00 4,600.00 1,000.00 267,600.00 78.76% 12,000.00 5,000.00 500.00 14,000.00 6,000.00 4,000.00 200.00 300.00 0.00 0.00 0.00 0.00 42,000.00 12.36% 1,200.00 5,000.00 15,000.00 5,000.00 3,400.00 560.00 0.00 30,160.00 0.09 248,000.00 12,000.00 8,000.00 0.00 0.00 5,600.00 1,200.00 274,800.00 87.26% 10,000.00 6,000.00 500.00 14,000.00 5,000.00 4,100.00 190.00 320.00 0.00 0.00 0.00 0.00 40,110.00 12.74% 1,500.00 6,000.00 15,789.00 4,800.00 3,000.00 600.00 0.00 31,689.00 0.10 200.00 400.00 1,890.00 1,000.00 2,000.00 -2,000.00 -2,000.00 -2,000.00 Increase Here 3%. -1,000.00 -200.00 -7,200.00 ADMINISTRATIVE Salaries and wages Employee benefits Payroll taxes Insurance Loans Office supplies Travel & entertainment Postage Furnishings Contributions Dues Other Total admin. expenses: Percent of total: -1,000.00 -100.00 10.00 -20.00 SERVICE & EQUIPMENT Accounting Legal Utilities Telephone Equipment purchases Rent & maintenance Other Total S&E expenses: Percent of total: -300.00 -1,000.00 -789.00 Too high. -40.00 -1,529.00 © Copyright, 2003, JaxWorks, Inc., All Rights Reserved. Income and Expenses Budget Versus Actual 2,000,000.00 1,500,000.00 1,000,000.00 500,000.00 0.00 1 Income Expense 2 © Copyright, 1999, JaxWorks, Inc., All Rights Reserved. Administrative Expenses 16,000.00 14,000.00 12,000.00 10,000.00 8,000.00 6,000.00 4,000.00 2,000.00 0.00 Salaries Payroll Loans Actual Travel Furnish Dues Budgeted © Copyright, 1999, JaxWorks, Inc., All Rights Reserved. Services Expenses 18,000.00 16,000.00 14,000.00 12,000.00 10,000.00 8,000.00 6,000.00 4,000.00 2,000.00 0.00 Accounting Utilities Actual Equipment Budgeted Other © Copyright, 1999, JaxWorks, Inc., All Rights Reserved. Income Details 1,600,000.00 1,400,000.00 1,200,000.00 1,000,000.00 800,000.00 600,000.00 400,000.00 200,000.00 0.00 Sales Fees Actual Income Rent Estimated Income Other © Copyright, 1999, JaxWorks, Inc., All Rights Reserved. Selling Expense Details 300,000.00 250,000.00 200,000.00 150,000.00 100,000.00 50,000.00 0.00 Salaries Advertising Actual Shipping Budgeted Other © Copyright, 1999, JaxWorks, Inc., All Rights Reserved. Since 1996, JaxWorks has offered a suite of Free Excel workbooks and spreadsheets, and ass HTML documents, that cover a number of financial, accounting and sales functions. These are i tools. Also included Free are: - business plan tools, including spreadsheets and excellent instructions - Excel functions glossary and guide; - free training courses for most Microsoft Office applications. These guides are in PDF format and rival commercial books! - comprehensive list of acronyms, ratios and formulas in customer financial analysis, and financial terms; - suite of online calculators, including, breakeven analysis, productivity analysis, business evaluation; - Altman Z-Score (covering publicly and privately held firms, and small businesses); - and payroll analysis. If you are involved in financial analysis at any level, or want to learn more about MS Excel and o Office suite this site is invaluable. JaxWorks Small Business Spreadsheet Factory nd spreadsheets, and associated MS Word, PDF and ales functions. These are invaluable small business e guides are in tivity analysis, more about MS Excel and other applications in the dsheet Factory