Business Plan Template Page 17
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18Assets
Liabilities
Current Assets:
Current Liabilities:
Cash:
Accounts Payable
Petty Cash
Notes Payable
Accounts Receivable
Interest Payable
Inventory
Taxes Payable:
Short-Term Investment
Federal Income Tax
Prepaid Expense
State Income Tax
Long-Term Investment
Self-Employment Tax
Fixed Assets:
Sales Tax (SBE)
Land
Property Tax
Buildings
Payroll Accrual
Improvements
Long-Term Liabilities
Equipment
Notes Payable
Furniture
NET WORTH/OWNER’S
EQUITY/RETAINED
Automobiles/Vehicles
EARNINGS
Other Assets:
Item 1
Item 2
Item 3
TOTAL ASSETS:
TOTAL LIABILITIES:
Sales Forecast
This information can be shown in chart or table form, either by months, quarters or years, to illustrate the
anticipated growth of sales and the accompanying cost of sales.
Milestones
This is a list of objectives that your business may be striving to reach, by start and completion dates, and
by budget. It can also be presented in a table or chart.
Break-Even Analysis
Use this section to evaluate your business profitability. You can measure how close you are to achieving
that break-even point when your expenses are covered by the amount of your sales and are on the brink
of profitability.
A break-even analysis can tell you what sales volume you are going to need in order to generate a
profit. It can also be used as a guide in setting prices.
There are three basic ways to increase the profits of your business: generate more sales, raise prices,
and/or lower costs. All can impact your business: if you raise prices, you may no longer be competitive; if
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