Using a 5 Year Financial Projection Template – XLS

A financial projection is simply a forecast of the future sales and expenses. Basically, the projection will refer the internal or historical data and will include a prediction based on external market factors. Usually, it is needed to create a short-term (covering the first year of business, month by month) and mid-term (covering for the coming three years of business, year by year) financial projections. And there’s the long-term one which covers a whole 5-year financial projection. 

In forecasting figures and amounts that you are not sure of, usually hiring a professional will work. But for those who wants to do it themselves but doesn’t have the time to start from the beginning, then using a 5 year financial projection template xls (excel file) is a better option. Just by looking for a financial modeling platform, you’ll be able to acquire and download a financial projection template that fits what you need. 

Included in the 5 year financial projection template xls are the needed key elements of financial projection such as: (covering for 5 years)

• Income Statements – included are forecasted figures of the revenue, expenses, total income, income taxes, and net income

• Cash Flow Projection – this will demonstrate your business’s worth and a good credit risk, included are the projections of the cash revenues, cash disbursements, reconciliation of cash revenues to cash disbursements and additional footnotes.

• Balance Sheet – overviewing your business’s net worth, included are all the assets, liabilities, equity and footnotes.

No worries about how to use the 5-year financial projection template xls for there will be additional instructions, guiding you on how to edit the excel file easily. Plus, it is included with an automatic calculator, so it will automatically calculate the figures for you. Saving you more time in completing the model. These templates are ready-made by expert financial modelers, applied with their experience and financial modeling know-how. So, using a financial projection template is a better choice than paying for high fees to hire somebody else to create one for you.

If you are looking for a platform where you can download a 5-year financial projection template xls for a specific business, you can check out eFinancial Models and there you can choose in whichever specific industry your business fits.