Business finance is a tool that encompasses a large portion of management activities. Finance provides owners and managers with mathematical and statistical formulas to assess their companies' effectiveness and efficiency. Many businesses use finance tools that allow owners and managers access to time-tested management techniques for improving their companies' operations.

Budgets are a common finance tool in business. Business owners use budgets to create road maps for their companies' future expenditures. Manufacturing and production companies use budgets to track variances from their production processes. Variances can indicate companies are spending more or less money on production. Business finance allows owners and managers to assess the variances and determine if they are favorable or unfavorable.

Financial analysis allows business owners to use quantitative methods to measure a company's performance. Business finance formulas help owners and managers measure cash inflows, return on major investments and the amount of time needed to earn back spent capital. Owners and managers also can create benchmarks to review against past performance or the industry standard.

To that end, we felt it extremely important to give you some basics information and templates which should prove useful.  If you know basic Excel, you should be fine. 

Finance Kit 

Here's What You Get: 

Finance Kits consisting of: 

  • Ad Tracker ROI (Excel)- to manage each of your ads and track their stats every month 

  • Affiliate Income Workbooks ( 1 and 2) (Excel)- these two workbooks are structured different but both have the same outcome, to help you track how much you earn in affiliate commissions  

  • Charitable Donations Workbook (Excel) - to track every charitable donation you make so you have all the information ready at tax time 

  • Expense Budget Workbook (Excel) - an easy to manage way of tracking your monthly expenses by category 

  • Expense Calendar Workbook (Excel) - this gives you a big picture overview of your annual expenses and also breaks those down into exactly when those expenses are due each month 

  • Expense Checklist - to track your business expenses each month 

  • Income Snapshot Workbook (Excel) - lets you easily see where your income comes from, perfect for those with several income streams 

  • Month-to-Month Trending Workbook  (Excel) - so you can look back and see how this month has compared to the same month last year, and what the difference is 

  • Profit and Loss Workbook (Excel) - a big picture look at your monthly income, expenses and profit 

  • Travel Expense Workbook (Excel) - to track your travel expenses for those conferences and networking events you attend 

  • Contract Information Form - to manage your contractors' contact and other information 

  • Basic Business Checklist - to ensure you have all the documentation, systems and procedures in place to manage your business finances.  

  • Partnership Checklist - this document will help you protect yourself if you're considering a Joint Venture project 

And the included 5 Planning Cheats are: 

  • Emergency Saving Fund Plan - a step-by-step walk through of what you need to do to set aside an emergency savings fund for those times when you're unable to continue working  

  • Monthly Budget Plan - planning a monthly budget that grows and adapts with you as your needs change 

  • Monthly Income Plan - creating an outline of your monthly income streams so you know exactly where the money comes from and can control your cash flow 

  • Quarterly Tax Planning - so you're never surprised when it comes time to submit your taxes 

  • Zero Sum Business Budgeting Plan - this budgeting philosophy will help you allocate every dollar so there's no money unaccounted for