Take a look inside the template ...
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2018 TAX PLANNING SPREADSHEETS FOR ENTREPRENEURS Now is the time to plan savings on your 2018 taxes! -
2018 TAX PLANNING SPREADSHEETS FOR ENTREPRENEURS Now is the time to plan savings on your 2018 taxes!
Take a look inside the template ...
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Shareholders of a corporation must hold shareholder meeting once a year. Even if you are not a corporation, having an annual meeting is a great way to look at the rear view mirror and make good plans. The annual meeting is a great way to document important decisions such as:- Owners compensation
- Distributions/ dividends
- Capital needs
- Employee benefits.
- Notice template
- Agenda
- Minutes
- Calculators for owners compensation, distributions and capital needs
- Financial review - historical performance
- Strategy template
- Promissory note template
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What would you do if the IRS picked you for an audit?
Do you have all the documentation required to protect you? Using this template along side with this free course , you can speed up the audit process. Good documentation not only helps with an audit but forms the basis of good financial planning. With this package you get: Policies and procedure template: This forms the basis on which your books are kept. The policies discussed in the template are:- General policies
- Revenue
- Expenses
- Inventory
- Cash management
- Fixed assets
- Capitals or loans
- Chart of accounts
- Employee benefits including the new employer credit for paid family and medical leave
- Payroll including how owners pay and dividends are determined
- Owners contribution documentation
- Promissory note template
- Financial reporting process
- Annual meeting process
- Sample agenda
- Sample minutes
- Depreciation schedule
- Invoicing
- Mileage log
- Reimbursement log
- Checkbook register
- Cash register
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If you are looking for a budget spreadsheet where you can enter your projected income and expenses and the spreadsheet automatically calculates cash flow, tax liabilities and analyzes the numbers with some important metrics then this spreadsheet is for you. When budgeting it is not only important to project income and expenses but how this projection affects your desired outcome. Budgeting an increase in revenue without the corresponding increases in expenses or effect on cash flow is not very effective. In this spreadsheet, you can modify the budget by making assumptions in the what if analysis tab. This package includes sub budget worksheets to compute details for:- Income
- Expenses
- Fixed assets and depreciation
- Labor cost
- Marketing and development expense
- Administrative expense
- Loan analysis
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If you are looking for a budget spreadsheet where you can enter your projected income and expenses and the spreadsheet automatically calculates cash flow, tax liabilities and analyzes the numbers with some important metrics then this spreadsheet is for you. When budgeting it is not only important to project income and expenses but how this projection affects your desired outcome. Budgeting an increase in revenue without the corresponding increases in expenses or effect on cash flow is not very effective. In this spreadsheet, you can modify the budget by making assumptions in the what if analysis tab.This free version does not contain the sub-budget workbooks
To get the complete budget, see Business Budget Template This workbooks works with this free course -
This business budget template is designed for the business owner who sells products. It addresses the various steps a product business goes through to make a profit. This template includes the following budgets:- The sales budget
- The production budget ( number of units to make or purchase in order to meet sales goal)
- The material purchase budget
- The direct labor budget
- The production overhead budget
- The selling and administrative budget
- The income statement
- Break even analysis
- What-if analysis
- Accounts receivable schedule
- Accounts payable schedule
- Cash flow analysis
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What should your potential size be? This workbook is designed to help the business owner who is not really interested in growing a multi national corporation, but simply wants a business that supports both needs and wants and financial freedom goals The dashboard calculates what the potential size of your business should be and estimating If your idea is capable of growing to that size. This workbook will help the entrepreneur do four things: 1) Gain laser focus by knowing what is required from his business i.e. what the potential size should be 2) Jump start the planning process by giving the entrepreneur measurements he/she can use against his plans 3) Discard any plans that does not measure up to the ideal size. 4) Estimate whether the opportunity currently pursued is big enough to meet the retirement goals In this workbook you will find: Dashboard Validate Conclusion -
Is it time to buy that new high cost item or simply fix the old one? Find out which option leaves more cash in your pocket. -
If you do not have a financial software, you can use this template as a checkbook register and to track your profits and cash. -
While running your business we often run into tools that could help us do our business better. We start a subscription, use the tool for a couple of months and sometimes choose to abandon the tool. The only problem is we sometimes forget to cancel the subscription. As a result, we carry expenses on our books that no longer bears fruit for our business. To combat this problem, use this worksheet to track your ongoing subscriptions. To be effective, you will need to have a dues and subscription line item in your accounting software where you track all subscriptions. On a monthly basis, compare the total on the spreadsheet with the total of the line item in your financial software. Be sure to investigate any differences as this may be cancelled subscriptions that are still being charged to your account. This little change can save thousands over a couple of years. It’s amazing how little expenses can add up to big expenses over time. -
Being self-employed could be overwhelming but proper planning you can stay ahead of the game. The expense tracker template was specifically designed for self employed individuals who have no system of keeping track of expenses. The first step to a successful tax year, in preparation and savings, is getting and keeping organized financially. It is very easy to lose track of expenses during the year. Use templates like the expense tracker template to keep track of your expenses including home office deductions. The expense tracker template uses the same expense categories as the IRS form schedule C.
