Wellness Center Excel Budget Template Demo
Originally published: 13/07/2020 17:56
Publication number: ELQ-71039-1
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Wellness Center Excel Budget Template Demo

Wellness center budget template - get control of your company's financials

Description
NOTE: This is the demo (protected) version of the model. You can get access to the UNLOCKED version of the model via: https://www.eloquens.com/tool/xK9zTP1w/finance/industry-specific-financial-models/wellness-center-excel-budget-template

The wellness center budget template is a full-dimensional financial planning template for a company operating in the wellness industry. The template is applicable to any type of wellness business - be it a large spa center providing an extensive range of services, or a small one specializing in a specific treatment.

This is a flexible tool for owners/CFOs of wellness business to forecast any type of a company's financials, such as Revenue, Capital expenditures, Payroll expenses, Obligations repayment, and Net profit.

Moreover, the wellness center budget template allows you to see the projected profitability of different types of services you provide. Who knows, maybe some of them are bringing losses to the company?

Within the template, you will be able to input all necessary data including detailed projections for different cost groups, e.g. payroll, rent, marketing expenses, and others. Based on this information, Profit and loss statement (P&L), Balance sheet (BS), and Cashflow statement (CF) will be constructed. Finally, it automatically displays cash flow and ratio analysis, which you will be able to compare to the industry averages. The wellness center template is supplied with step-by-step instructions, which are given on each worksheet.

In case you are interested in exploring the model before the purchase, feel free to navigate through the screenshots on this page

The functionality of the spa center budget template:
-> separate profit and loss budget and cash flow budget;
-> balance sheet by month;
-> monthly earnings by product groups and services;
-> forecast your company's expenses;
-> forecast payroll;
-> inventory purchases schedule;
-> quickly change the most important assumptions. The changes will be automatically reflected in all positions of the budget. Therefore, it will be possible to quickly analyze different scenarios and adjust your plans accordingly.

Let us do the work for you!

Feel free to contact our team in case you need support with budgeting your company. Our team provides financial modeling services to companies around the world, which is our core business. We have a lot of experience in creating budgets for wellness services companies and therefore know the specifics of the business. Just drop us a line via Private Message on our Author Channel.

Learn more about our Financial Modeling Services and our Excel template customization services.

If you require a budgeting template for a different industry, please have a look at similar budgeting templates here on our Channel. If you don’t see a template that suits your industry, you might consider ordering a customized budget template. Please contact us here: https://www.eloquens.com/channel/andrew-grigolyunovich-cfa-cfm

This Best Practice includes
1 Wellness Center Budgeting Excel Template (not allowed to edit)

Andrew Grigolyunovich, CFA, CFM, FMVA offers you this Best Practice for free!

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Further information

Help to make a budget or financial plan for the next year.

Planning of financial statements: Profit and Loss statement, Balance Sheet, Cashflow statement as well as salaries, rent payments, marketing expenses, purchases, inventory turnover, etc. for one year.

The model is not applicable for several years projections.


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