Daycare Facility Financial Projection Template
Originally published: 06/10/2020 15:45
Publication number: ELQ-98427-1
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Daycare Facility Financial Projection Template

A financial projection template built specifically for DAYCARE FACILITY

Description
This template will help you build projections for your business. Here’s how it works:
1) You download the unlocked Excel file.
2) You fill out your business information on several input tabs:
a. The daycare facility revenue model will help you predict your daycare capacity and overall revenue by looking at hourly revenue per child for different age groups. The model also helps you calculate staff expenses based on required caregivers per age group, and supplies cost on a per-child basis. The predicted values will be automatically carried to the financial statements.
b. You will be guided to enter your other expenses in the operating expense model, which includes some suggested line items and amounts to help you get started. This model will populate the expenses and cash flows on the financial statements for you. You can enter your monthly expenses as either fixed amounts or you can set them as a percentage of revenue for variable items like payment processing fees. The first three months of the model are broken out separately so that you can enter start-up expenses.
c. The general assumptions model will guide you to enter balance sheet items such as fixed assets, loans, investments, inventory assumptions, and accounts receivable assumptions. The model will have you input some basic data and then it will calculate the difficult things for you: loan amortization, interest expense, depreciation expense, inventory purchases, etc.
d. The salaries and distributions model helps calculate monthly expenses for salaried employees, including items like employer taxes and benefits. This model also helps you plan for distributions (dividends, owner draws) made to owners.
3) The model automatically updates several output tabs:
a. The At-A-Glance tab shows you a financial snapshot in the form of graphs, charts, ratios, and financial summaries, all ready to be copied into a pitch deck.
b. There are six Financial Statement tabs: the annual formats of the income statement, cash flow statement, and balance sheet, and the month-by-month breakdowns of the same financial statements. Our balance sheets always balance, automatically.
c. The Investor Dashboard tab enables you, a lender, or an investor to see the effect of changing several of the main assumptions of the revenue model (spend per customer, for example). This tab presents the income statement from your model and a special, modified income statement that updates as you change the major assumptions. This enables you to see how sensitive your model is to certain variables without changing the data you already filled out.
4) If you need help, we’re here. We can fill out or modify any of the templates we sell, and we’re always happy to answer questions. When you call us, you can speak directly to the developers of the model, not a call center or customer service representative.
If the model doesn’t work for you, we’re happy to provide a refund.

This Best Practice includes
1 Excel File

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Further information

Template to create a financial projection for DAYCARE FACILITY

Startup and existing DAYCARE FACILITY seeking investment or loan funding

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