This guide is designed to help an owner-manager in drawing up a business plan.
How to use Financial Plan Model Inputs Use the Model Inputs sheet to enter information about your business that will be used to model results seen on the other pages. Forecasted Revenue The forecasted revenue section allows manufacturing business plan xls to estimate your revenue for 4 different products.
Simply use the white boxes to enter the number of units you expect to sell, and the price you expect to sell them for, and the spreadsheet will calculate the total revenue for each product for the year.
If you want to give your products names, simply type over the words "Product 1", "Product 2" etc. Cost of Goods Sold Your margins are unlikely to be the same on all of your products, so the cost of goods sold allows you to enter your expected gross margin for each product into the white boxes in Column B.
The spreadsheet will automatically calculate the annual cost of goods sold based on this information, along with your forecasted revenue. Annual Maintenance, Repair and Overhaul As the cost of annual maintenance, repair and overhaul is likely to increase each year, you will need to enter a percentage factor on your capital equipment in the white box in Column B.
This will be used to calculate your operating expenses in the profit and loss sheet. Asset Depreciation Use the white box to enter the number of years you expect your assets to depreciate over.
This may vary greatly from business to business, as assets in some sectors depreciate much more quickly than they do in others. Tax In most parts of the world, you will have to pay income on your earnings.
Enter the annual tax rate that applies to your circumstances in the white box in Column B. If you have to pay any other taxes, these can be entered later on the Profit and Loss sheet.
Inflation Although you cannot be certain of the level of inflation, you will still need to try and plan for it when coming up with a 5-year financial plan. The International Monetary Fund provide forecasts for a number of countries, so is a good place to look if you are unsure what to enter here.
Simply enter your inflation rate in the white box. Product Price Increase As a consumer, you are no doubt aware that the price of products goes up over time.
Enter a number in the white box to show the expected annual price increase of your products to enable the spreadsheet to calculate income in future years. If you are unsure what to put here, increasing your product price in line with inflation is a good starting point. If your business is just starting out, you may be able to command higher prices for your products or services as the years go on, as you build up brand recognition and a good reputation.
Funding The funding section allows you to enter information about your business loan.
To use this section, simply fill in the three white boxes representing the amount of the loan, the annual interest rate and the term of the loan in months - for example, 12 for 1 year, 24 for 2 years, 36 for 3 years, 48 for 4 years, or 60 for a 5 year loan.
Profit and loss This sheet calculates your profit and loss for each year over a 5 year period.
The profit and loss assumptions, along with income, are automatically calculated using information entered in the model inputs sheet. Non-Operation Income You may have, or be expecting some income in addition to your operating income. There are pre-entered categories for rental, lost income and loss or gain on the sale of assets, as well as an additional row where you can enter your own non-operation income.Need a sample business plan for a manufacturing, fabrication, or production business?
From sourcing your raw materials, to budgeting for plant and equipment, these sample manufacturing plans will help you get started making - and selling - something useful. JaxWorks A SAMPLE BUSINESS PLAN Your Business, Inc. A well-written business plan is a crucial ingredient in preparing for business success.
Without a sound business plan, a firm merely drifts along without any real direction. Manufacturing Inventory and Sales Manager Excel Template – Sales Report Filters.
Manufacturing Inventory and Sales Manager Excel Template – Sales Report Filters. Purchase and Sales (Qty and Amounts) in the last 36 months. As the industrial Products and Services Division is a manufacturing setting, this business plan reflects the development of a large amount of hard, non-cash assets, excluding ending year 5 receivables.
A final update to the plan may occur before the pilot build -- the first build that is mandated to use the final designed production processes, equipment, etc.
Pilot build is intended to test out the manufacturing process, use of standard equipment, etc. Excel Models for Business and Operations Management Second Edition A manufacturing business model 3 Finance and cost accounting 3 The marketing function 5 The production function 5 Management decision-making 12 18 Excel Models for Business and Operations Management =,, A 7.