Operating Budget Template

NCG’s operating budgeting template is an essential tool for managing the financial performance of your co-ops. After inputting budget assumptions, the tool generates a full set of monthly, quarterly, and yearly budgeted financial statements. This tool helps provide resources needed to execute the organization’s business plan, align board, creditor and owner stakeholders around the business plan, set and evaluate performance against financial goals, and create different scenarios for contingency planning.

Co-ops will get the most value out of the tool by adopting it as an ongoing management tool rather than a one-and-done budget spreadsheet. This means inputting actual monthly income statement and balance sheets after they are closed and locked in the accounting system each month. Subsequently, users can review their forecast for the coming months and revise based on current circumstances. This allows co-ops to always have an accurate gauge on where the co-op’s financials are headed, including anticipated cash balances. With this rich source of information your co-op is positioned to better plan and respond to the current operating environment.

A multi-outlet operating budget template is available upon request.