MONTHLY PROFIT
As you think about starting or growing a business, you should create a monthly financial forecast. A financial forecast allows you to keep track of your revenues and expenses. This is called monthly profit.
Utilize our guide to learn how to forecast your monthly profit for your business. By using the template linked below the video, you can create an estimate of what you are spending for your product or service offering vs. what you are making for your offering,
Watch the video to guide you through the steps of creating a monthly profit.
1. Access the Budget Template
Click here to download a spreadsheet that you can fill out to calculate your monthly income.
2. Review Template Instructions
Click here for detailed instructions for accessing and editing the business template.
3. Follow along with video script
Click here for a downloadable script that you can read to follow along with the video.
Connect to our network of ChiBizHub support organizations to help you work through creating a financial forecast. If you have questions or get stuck, click here to meet with a business coach to get help with your business’s financial projections.