The IT startup budget template is an all-inclusive one-year financial planning template for an IT industry.
This is a great tool for owners/CFOs of an IT startup to project their cash flow, revenue, and capital investments. The IT startup budget template allows you to see the projected profitability of your projects undertaken - maybe some of them are bringing losses to the company?
Our IT startup budget template contains assumptions and projections for Profit and loss statement (P&L), Balance sheet (BS), and Cashflow statement (CF), as well as detailed projections for different cost groups, e.g. salaries, rent payments, and marketing expenses. These detailed projections influence the big picture and are logically divided into different worksheets. Detailed instructions are given on each worksheet.
In case you are interested in exploring the model before the purchase, feel free to navigate through the screenshots on this page.
Functionality of the IT startup template:
-> separate profit and loss budget and cash flow budget
-> forecast balance sheet by month
-> forecast monthly earnings by product group and structural units
-> plan positions of company's expenses such as HR, Marketing, Selling costs, Administrative expenses, etc.
-> forecast workers’ payment, which is pegged to the factors affecting it, (e.g., sales -> -> volume, the level of accounts receivable, etc.), with the possibility to quickly change the parameters of the payment system which automatically affects all the remaining aspects of the financial plan
-> create a products procurement plan, taking into account the forecasting market situation and scheduled sales volumes
-> quickly change the most important assumptions of external factors that influence the development of your enterprise, which automatically will be reflected in all positions of the financial plan. Thus it will be possible to quickly analyze different scenarios and adjust your plans depending on the situation