If you see a red triangle in the upper right corner of a cell, you can hover your mouse over the triangle to see the note.
The breakeven point, Pinson says, is when your business's expenses match your sales or service volume. You're going to need it if you are seeking investment from venture capitalists, angel investors, or even smart family members. Expenses Once you've forecast your sales numbers, think about what you will need to do to meet these numbers for both the aggressive and conservative scenarios.
But forecasting is a critical planning tool. You only need to fill out the white boxes in Column B for Year 1, as these values will automatically be carried over into subsequent years for you.
Enter the value of these assets into Column B, and these values will be copied over to each of the 5 years of the plan. You can rename this row by typing over the "Other Tax specify " text. The spreadsheet will automatically calculate the annual cost of goods sold based on this information, along with your forecasted revenue.
The best way to do that, Berry says, is to look at past results.