Category: Business Templates

We work to earn allowing us to live comfortably. Pay is an important part of any organization. Without this, no one will want to work or be working. The way employees must be paid is perfect so that no one gets left out and no error occurs. Records need to be kept of pay in case any issue occurs. One-week pay slips are those given to employees stating when they got paid, telling the total amount of pay, along with the tax plus insurance being deducted. The pay slip includes all information about an employee along with their pay.  It …

Breakeven is an important indicator of identifying whether a business is worth the effort. It can be in terms of the number of units or sales value. It refers to the level at which the costs are completely covered by the earned income. In other terms, it is the zero-profit point. A breakeven point shows the minimum level of production required for the survival of an organization, as a product needs to cover its variable expenses, yet should contribute toward the fixed cost. What is a breakeven calculator sheet? A breakeven calculator sheet is an excel spreadsheet, that has the …

It is important to keep a record of one’s assets for various purposes. An individual may own several assets and may want to maintain their list for his ease. This list is referred to as a personal assets inventory. What is a personal assets inventory? A personal assets inventory is a record of the personal assets one owns, both self-purchased and inherited. It provides all the relevant details of one’s assets. The list of the assets can include cash, cash equivalent certificates, treasury bills, property, cars, or other vehicles, etc. Usually, the list contains physical and tangible assets only as …

Managing the sales and its accounts in a small business is a simpler task than the management in a big business. Nevertheless, proper planning is very much required irrespective of the business size, if a higher market share needs to be achieved. This can be done, if the company is aware of its income sources and income amounts properly. A small business sales tracker worksheet presents the data of the sales clearly to the stakeholders, which helps in managing and projecting resources better. What is a small business sales tracker worksheet? It is a spreadsheet that records all the data …

Keeping a track of what a business is earning after all its expenses have been paid out is an essential element to know, as a business can only survive if it is profitable at least in the long run. To calculate and track the profitability of a small organization a profit and loss statement worksheet for a small business is used. A profit loss statement worksheet is a worksheet that lists the figures of income, expenses, and net profit or loss of a small business. It is made to analyze the profitability of a small-scale business, so as to know …

A small business usually has limited resources and it is even more essential for it than a big organization to utilize its resources well if it wants to survive in the market. There are many factors, that contribute to resource optimization, one of which is the demand forecast. If a small business can predict its future sales accurately, it can increase its performance. This becomes possible by maintaining a sales forecast tracker. What is a sales forecast tracker for a small business? A sales forecast tracker aids in tracking the sales of a small business and based on past sales …

Employees are often given different fringe benefits, as a part of their overall package, by their employers. To avail some of these benefits, such as medical bills, the employees have to pay out of their pocket first, and then claim the money, or seek reimbursement from their employers. In addition to the benefits, there are many operational and day-to-day work-related expenses, such as traveling for meetings, that employees may have to pay for, but later on, can claim for. To ease this task, and bring uniformity in the claim process, the employers develop an expense claim worksheet, also referred to …

When an individual or an organization is seeking a loan there may be many options available that need to be analyzed and assessed based on several factors. The best option is then opted for. The variables that help in deciding the best option may vary from one person’s priorities to another’s. This evaluation becomes easy if one uses a loan comparison calculator. What is a loan comparison calculator? A loan comparison calculator works as a loan payment calculator. It is a tool to compare and assess repayments of various loan options. The required details are inserted, and the calculator calculates …

When planning and putting new projects into action, companies need to create specific time that they must complete the projects in. These periods can be planned to create a rough idea about how long a project will take to be created, for example, building a house. Another use for pre-planned timelines can be to keep track records about the projects that are being set into motion with specific milestones, for example, introducing a product in the market and tracking its growth and performance rate during a year or over the years. The main reason for the creation of timelines is …

Long ago we used to hear that buying and selling were based on the barter system which meant the exchange of good for a good. Here it is important to know that the term good refers to tangible goods. In those times there was no record of the transaction being made between two parties. Everything was done verbally. Your say was all that mattered. Times changes so did people. Complexities of life increased which demanded innovation. Today’s modern world has removed all the hurdles and difficulties which a person incurred earlier when purchasing something. Earlier there were no proofs of …