LOAN CALCULATOR

Enter the amount you want to borrow and the number of years you want to repay in the
white boxes. Your repayments will automatically be copied across into your cashflow
forecast (see the 3 separate tabs at the bottom of the spreadsheet).

Amount to borrow (min £1000, max £25,000)*

Years to repay (minimum 1, maximum 5)

Interest (6.0% p.a. fixed) £0

Capital £0
Total to repay £0

Approximate monthly repayments** #DIV/0!

*PLEASE NOTE: Our average loan size is around £7,000 - please carefully
consider how much you need to borrow to start your business.

**The calculator is for illustrative purposes only. Start Up Loans are personal
loans for business use only and subject to status. The monthly repayment
amounts quoted are estimates which may increase or decrease slightly
depending on the number of days between approval and when the loan is
advanced.
 YEAR 1 SALES FORECAST

This spreadsheet helps you work out how much sales revenue you expect to generate each month.
Enter the number of units you expect to sell and the sale price of each unit. Add more rows if you need to. Separate cash sales
(you sell your product/service but don't get paid until 30 days). If you plan to charge VAT please add that onto your unit price
Do not enter figures in the grey cells.

MONTH: M1 M2 M3 M4 M5 M6

SALES:
Product/Service 1
Units sold
Unit price
Sub-total sales £0 £0 £0 £0 £0 £0
Product/Service 2
Units sold
Unit price
Sub-total sales £0 £0 £0 £0 £0 £0
Product/Service 3
Units sold
Unit price
Sub-total sales £0 £0 £0 £0 £0 £0
Product/Service 4
Units sold
Unit price
Sub-total sales £0 £0 £0 £0 £0 £0
Daily Sales
Days Per Month
No. of sales per day
Average sale value
Sub-total sales £0 £0 £0 £0 £0 £0

TOTAL SALES: £0 £0 £0 £0 £0 £0

How did you arrive at the sales figures above?

Please provide any justification for the figures entered above and why they are realistic. If it is relevant, use the daily sales section i
nth.
you need to. Separate cash sales from credit sales
ase add that onto your unit price (20%).

M7 M8 M9 M10 M11 M12

Totals

£0 £0 £0 £0 £0 £0 £0

£0 £0 £0 £0 £0 £0 £0

£0 £0 £0 £0 £0 £0 £0

£0 £0 £0 £0 £0 £0 £0

£0 £0 £0 £0 £0 £0 £0

£0 £0 £0 £0 £0 £0 £0

ant, use the daily sales section in addition to or instead of the first four sections.
 YEAR 1 CASHFLOW FORECAST
Use your own headings under 'Expenditure' if you prefer. Remember to add VAT (20%) to anything you buy if you have been quoted prices net of VAT. Do
not enter figures in the grey cells.

MONTH: Pre-start M1 M2 M3 M4 M5 M6 M7 M8 M9 M10 M11 M12

Income: TOTALS
Sales (cash) 0 0 0 0 0 0 0 0 0 0 0 0 0
Start-Up Loan 0 0
Other Loans 0
Grants 0
Investment 0
Own money 0
TOTAL INCOME 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Expenditure:
Start-Up loan repayments #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Stock 0
Materials 0
Other costs associated directly with sales 0
Advertising/Marketing/Online 0
Equipment/Fixtures & fittings 0
Insurances 0
Rent 0
Business rates 0
Utilities (heat, light, power) 0
Stationery/Admin/Postage 0
Tel/Mobile/Internet 0
Travel/Petrol 0
Professional fees (accountant/lawyer etc) 0
Founder/Owner drawings (should cover survival budget) 0
Staff wages 0
VAT 0
Tax 0
Other 0
Other 0
TOTAL EXPENDITURE 0 #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

NET CASH FLOW 0 #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

OPENING BANK BALANCE* 0 0 #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
CLOSING BANK BALANCE 0 #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

Notes:
Please provide any justification for the figures entered above and why they are realistic.

DO NOT EDIT: YEAR 1 CASHFLOW FORECAST - STRESS TEST

Percentage to Decrease Sales Income by 5%

Percentage to Increase All Expenditure by 5%

MONTH Pre-start* M1 M2 M3 M4 M5 M6 M7 M8 M9 M10 M11 M12

Income: TOTALS
TOTAL INCOME 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Expenditure:
TOTAL EXPENDITURE 0 #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

NET CASH FLOW 0 #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

OPENING BANK BALANCE* 0 0 #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
CLOSING BANK BALANCE 0 #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

* loan, pre-start income and pre-start expenditure are not included in stress test calculations
5 Tips for Completing Your Financial Forecast Document

1. Work in stages
The forecast spreadsheet contains 4 tabs which can feel overwhelming at first, so it’s a good idea to
break it down into chunks.

Start with the Personal Survival Budget which is about your personal expenses and how much you
need to maintain your current lifestyle. Then move onto the sales forecast, thinking only about the
income your business will generate. And finally, complete the cashflow forecast tab and expenses
you will incur.

2. Consider seasonal variations

When completing the sales forecast, plot out the different months of the year and consider how
events and customer behaviour at different times of the year may affect your sales. For example,
retailers may find that the run up to Christmas is the busiest time of the year but for garden
maintenance businesses December may be one of the quietest months.

3. Think about your average sales prices

If you have a lot of different products or services then it won’t be possible to list every separate
item in your sales forecast. Instead you could consider what your average customer will spend and
use that for your forecasts, or take it a step further and identify groups of customers such as high
spend, medium spend and low spend.

4. Don’t forget the small expenses

When thinking through your business expenses it is easy to think about the big costs you incur such
as rent, equipment, stock or marketing. While these expenses have the largest impact on your
cashflow remember to also include the expenses that come around month after month and are easily
overlooked – things like stationery, postage, credit card processing costs and online software
subscriptions.

5. Calculate your breakeven sales from your expenses

Figuring out your sales before you’ve started your business can be tricky. One solution is to start
with your monthly expenses, then work backwards to figure out how many units you need to sell to
cover those expenses. This will give you a basic breakeven point from which you can work on your
sales forecasts further.