This free 4 page Excel business plan financial projections template produces annual income statements, balance sheets and cash flow projections for a five year period for any business. The financial projections template is available for free download below. The first page of the financial projections template shows income statements for the business for 5 years. The second page of the financial projections template shows the opening balance sheet and the balance sheets for 5 years. The third page provides the cash flow statements for 5 years.
Hotel Revenue Projection Excel Template | Plan Projections
Neither is particularly exciting—especially when you compare it to the idea at the core of your business. For external funding, financial projections help convince lenders and investors that your business will not only be profitable but also offer them a return on investment. For internal purposes, accurate forecasting enables you to budget for your new business as well as benchmark your milestones. Comparing your actual financial statements to your projections is referred to as variance analysis. Conversely, if your immediate revenue exceeds your pro forma income, then you may need to hire employees, expand your facility, or seek financing sooner than you expected. To establish credibility with potential investors and lenders, pro forma statements should ideally show projections three years in advance. There are two key forecasts to put together.
Creating financial projections for your startup is both an art and a science. Although investors want to see cold, hard numbers, it can be difficult to predict your financial performance three years down the road, especially if you are still raising seed money. Regardless, short- and medium-term financial projections are a required part of your business plan if you want serious attention from investors. The financial section of your business plan should include a sales forecast , expenses budget , cash flow statement , balance sheet , and a profit and loss statement. Be sure to follow the generally accepted accounting principles GAAP set forth by the Financial Accounting Standards Board , a private-sector organization responsible for setting financial accounting and reporting standards in the U.
The hotel revenue projection template provides a quick and easy method to estimate the sales revenue generated by a hotel business for the next 5 years. The revenue forecast generated can be used as starting point for our Financial Projections Template for inclusion in a hotel business plan. The Excel hotel revenue template, available for download below, calculates the annual revenue for a hotel business plan by entering details as follows:. Enter the details of the number of rooms in the hotel and the number of days the hotel is open for each year. The hotel revenue template calculates the maximum number of room nights available at the hotel for the year Enter the Occupancy Rate For each of the years 1 to 5 enter the occupancy rate as a percentage of the total room nights available.