Free Business Financial Projection Software

September 21, 2010 by Frank Goley, Business Consultant

Developing Financial Projections for your Business Plan can be a trying and complicated experience if you do it from scratch. It doesn’t have to be that hard, nor does it have to cost a bunch of money to do. There is a lot of business planning and financial projection software out there for purchase. However, if you are looking to develop some solid financials with out the cost of software, then there are some good free financial projection programs out there. One of them is offered for free by SCORE®.

6 Step Worksheet

Very simple to use. It highlights mandatory and optional areas for your input, and it contains a six step worksheet process. Just fill out:

§  Required Start-Up Funds

§  Salaries and Wages

§  Fixed Operating Expenses

§  Projected Sales Forecast (2 sheets)

§  Cash Receipts and Disbursements

Produces The Financials for You

After filling out the necessary information in the six worksheets, the program produces the following financials for you: 

§  Monthly Income Statement for three years

§  Monthly Cash Flow Statement for three years

§  Yearly Balance Sheet for three years

§  Year End Income and Expense Summary for three years

§  3 Year Financial Ratio Analysis

§  Breakeven Analysis

§  12 Month Amortization Schedule for three years

§  Financial Diagnostics Sheet

Be Sure to Read the Notes Explanation

There is a sheet containing explanatory notes for the financial projection program. Be sure to review it before you start.

Provides an Example Financial Projection Template 

In case you have questions on how the program works and the types of financials it produces, the program provides a fully competed financial projection template to assist you. It also gives you an idea of the finished product.

Free Mentorship 

You can use a local SCORE® mentor to answer any questions you may have developing your business plan and financial projections.


While Free financial programs don’t have all the bells and whistles, this program will get it done well for many small businesses. Check it out and see if it will work for your needs. Be sure to do some searching on the internet and find the other free financial projection programs out there. There are a bunch of them.  

Disclaimer: ABC Business Consulting and the Blog Author are not endorsing the product mentioned in this blog. This is for informational purposes only.


Posted in Business Financials, Business Planning.

Leave a Reply