If you are an up-and-coming startup, you probably have not fretted over any single detail of your new company more than your budget. Your budget, of course, is the amount of money you have set aside assigned for specific purposes. You will have several such sub-budgets carved out of your overall company assets: marketing budget, production budget, salaries, rent, utilities, and all other operational costs. How do the other companies manage to keep all this information organized? you wonder.
If you are struggling to calculate or stay within your budget—or perhaps you want layouts you can use for these purposes—you can find a budget template from this collection. Some will be completed annual budget reports and will provide a fascinating look at the overall breakdown of assets. Learn what you can; all this is free.
Calculate specific budgets before any significant and costly undertaking (doing this during the process, you might find you’ve dried up your funds midway). This should be common sense, for example, when determining your Manufacturing Budget.
For the overall Business Budget, do this at least once every fiscal year. It is often accomplished alongside the preparation of a financial statement to calculate your net profit (see Startup Company Budget Template). After determining your cash flows and liabilities, you will be able to better plan for the upcoming year’s budget.
The areas you allocate funds to within a budget will largely depend on your business objective, of course.
For example, in the Company Marketing Budget Template, you are made to measure out funding to specific activities carried out within the broad category of marketing. So you have advertising, customer service support, website design, publishing/printing, etc.
Another example: if your company routinely requires employees to travel, you will have a separate budget for the travel expenses: flight tickets, taxi and bus fares, parking fees, hotel charges, gas and fuel expenses, etc.
You will see the method is simple, if a bit tedious. Dutifully completed, your company’s budgets should keep you operating smoothly and wisely within your limits.
A budget is one of those things every kind of business will need, whether you are a lean, thrifty startup, or a multinational conglomerate, whether you are putting together an overall expenditure report or a Construction Budget (constructions are notoriously expensive projects).
Because all of these documents are offered to download for free, you are likewise free to use them however you wish. They are first and foremost useful as educative tools and reference. Certain blank forms can even be printed out and used as they are. Editable file types can be used as baselines for your own budget reports.