Startup Budget Tracker

Managing your finances is vital for any business, especially startups. Our budget tracking template provides a user-friendly interface to monitor your income, expenses, and overall financial health. By keeping a close eye on your cash flow, you’ll be able to make informed decisions and ensure that your business stays on track to meet its financial goals.

1. Income – In this section, you will want to determine where the money will be coming from to fund your business venture. Write down your financial sources and how much you will be receiving from each source.
2. Expenses – In this section, there are already some expenses you will most likely have when starting an online business. Write down an estimate of how much you anticipate spending in each category. There are also blank fields for you to add any additional expenses you may have.
3. Total Finances – In the bottom section, this is for you to analyze your overall financial health. In the beginning, you can write in how much income you have budgeted to start, how much you expect to spend to launch, and how much you have budgeted to save for cash flow. From there, as you are checking off your expenses and working through your startup checklist, you will be able to go back and add in your actual numbers. You will write in how much income you actually had to start. You may have been able to receive more money or maybe you did not have as much as you anticipated (ie; an investor fell through). You will then write in how much you actually spent. Sometimes we spend more than projected. Sometimes we can cross off some expenses and not spend as much as we anticipated. You will also write down your actual savings, if any. Lastly, you will calculate the differences between your budgeted numbers and actual numbers.

You can always work backward as well. Start by filling in your expenses and then determine the sources of income based on how much you will need to cover all of your expenses.