There are numerous budgeting techniques that can be used to produce a target plan for a business including zero based, flexible and rolling budgets.
Payback Period Calculator
This payback period calculator will help a business to calculate payback period in Excel.
The payback period is the time it takes a business to recover it’s investment in a project. Our tutorial on the payback period method gives full details about how to calculate and use the payback period.
Payback Period Method
The payback period is the time it takes to earn back the cash invested in a project. It allows a business to determine how long it will take before a project will recover it’s original investment. The simple payback period, is a useful tool for a business to compare projects. Using the payback period method, the business would choose the project which has the shortest cash payback period.
Financial Projections Template
This free business plan financial projections template can be used by any business to give an idea of the estimated income and expenditure, balance sheet and cash flow projections for a 5 year period.
Sales Forecast Methods
Sales forecasting of your product or service is the starting point and the key to preparing financial projections, so it is important to use a realistic estimate.