Actual Income: This refers to the actual income (compared to planned income).Planned Income: This includes anticipated income from sales, services, investors, etc.Actual Costs: This refers to how much items actually cost (compared to planned expenses).Additional Costs: These costs might include marketing, legal fees, training, and travel.Planned Expenses: These include employee costs (wages and benefits), office costs (lease, utilities, etc.), and other known payments.In short, a small business budget reveals additional opportunities and possible revenue streams.Ī small business budget template provides a clear, autotallied, factor-by-factor picture of a company’s estimated capital vs. You can also use a template to factor in unexpected costs and revenue to determine which expenditures to trim in order to keep the company’s profitability on track. Getting started with the Smartsheet APIĪ small business budget template is a reliable tool that enables you to calculate expenses, revenue, and profits to see how close you are to reaching your organization’s financial goals.ENGAGE Smartsheet ENGAGE brings together our global customers, experts, and partners to share their experiences, ideas, and best practices.Smartsheet events Your hub for Smartsheet events, webinars, Q&As, and user groups.
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