SmartHelping / Startup Forecasting / Excel
3-Statement Financial Model for Startups
Connect your revenue, expenses, fixed assets, and funding assumptions in one Excel forecast. Review monthly and annual income statements, balance sheets, and cash flow statements, with inventory purchasing and exit assumptions included.
Free with any other SmartHelping purchase. Already purchased? Request your copy.
Add 3-Statement Financial Model to CartThe template is available to download immediately after purchase. By purchasing, you agree to the Terms of Service.
Video walkthrough & spreadsheet preview
See how the three financial statements connect.
Connected financial forecasts
Bring your operating assumptions into a three-statement format.
Enter revenue and expense assumptions from your own forecast or another SmartHelping model. The template supports up to four income streams and connects the forecast with fixed asset, debt, and investor funding schedules.
Monthly and annual statements
Review the income statement, balance sheet, and cash flow statement in both monthly and annual views.
Control-based date labels
Financial statement labels update from the dates selected on the control tab.
Defined exit or end month
Set the model's exit or end month. Data beyond that point is automatically cleared from the forecast.
Minimum and maximum cash position
Review the forecast's minimum and maximum cash positions alongside the financial statements.
Fixed assets, financing & distributions
Use supporting schedules to connect the major balance sheet movements.
Up to 16 CapEx items
Enter fixed asset assumptions to calculate depreciation expense, accumulated depreciation, book value, and gains on asset sales. The model includes specific logic for purchasing and selling a building.
Up to seven investors
Model investors with different valuations, ownership shares, funding amounts, and funding months.
One long-term loan
Enter the assumptions for up to one long-term loan and see its effects flow through the forecast.
Taxes, dividends, and retained earnings
The model includes income and capital gains tax calculations and a dividend payment toggle. Review how these settings affect investor distributions, retained earnings, and cash flow.
Inventory purchasing update
See the cash flow effect of buying inventory ahead of use.
Define how many months of inventory to purchase at a time. The model accounts for the cash flow effects of that purchasing interval.
Purchase several months at once
Enter the number of months to cover with each purchase, such as four months, and review how the upfront inventory payment affects cash flow.
Monthly purchasing or no inventory
Use a value of 1 for the model's just-in-time inventory setting. Businesses without inventory can run the model without inventory inputs.
Valuation & sale proceeds
Define how the business exit is modeled.
Annual revenue multiple valuation
Use the option to value the business based on a multiple of annual revenue.
Sale proceeds allocation
Split sale proceeds between extraordinary income and the sale of fixed assets. The purchase and sale of a building are handled separately.
Forecasting scope
Understand how business assumptions connect across the statements.
This template is designed for forecasting business operations and cash flow and for explaining the main connections between the three statements. It is not designed for actual accounting reporting or account reconciliation.
Accounts receivable and accounts payable effects are not included in this model.
Build on your operating forecast
Explore more SmartHelping planning tools.
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Browse operating models for different businesses and industries. You can enter revenue, expense, and general assumptions from another forecast into this template.
Browse the model collectionQuestions before you start
A few useful details.
Can I get this model free with another purchase?
Yes. This template is available at no additional charge with any other purchase made on SmartHelping. If you have already purchased something else, contact SmartHelping to request your copy.
Which financial statements are included?
The model connects the income statement, balance sheet, and cash flow statement, with monthly and annual views of each.
What are the main capacity limits?
The model supports up to four income streams, seven investors, 16 CapEx items, and one long-term loan.
Can I model inventory purchases made in advance?
Yes. Define the number of months of inventory to purchase at a time. Set the input to 1 for the model's just-in-time setting, or leave inventory inputs unused if the business has no inventory.
Does it include accounts receivable and payable?
No. Accounts receivable and accounts payable effects are outside this template's scope.
Can I use it for actual accounting reports?
This template is intended for forecasts and understanding statement connections. Actual accounting reporting requires reconciliations and opening and closing account balances that are outside this model's scope.
Can I use assumptions from another financial model?
Yes. Enter the revenue, expense, and general assumptions from your operating forecast into this template, then complete the relevant asset, funding, and other schedules.
How do I get the template as a standalone purchase?
The Excel template is available to download immediately after the $45 USD one-time purchase. If you have made any other SmartHelping purchase, use the contact link above to request your free copy.
Connected startup financial forecasting
Bring your assumptions into a connected three-statement forecast.
$45 standalone, or free with any other SmartHelping purchase.
