Professional Financial Plan Templates (Personal & Business)

Do you wonder how businesses seem to be more profitable year after year than others? Every business entity and individual understands that a financial roadmap is essential to a company’s bottom line and managing future financial situations. You can identify your financial goals, set measures to achieve them, and track your progress through a financial plan. Financial plans are essential for top-line financial health.

What Is a Financial Plan?

A financial plan is a document containing your current financial situation, future monetary goals, and the strategies to achieve them. Financial plans are essential tools in financial planning. Businesses employ financial plans to offer directive guidelines to improve their net worth while individuals use financial plans to set up for retirement or achieve specific goals(s).

What Is a Financial Plan Template?

A financial plan template is a predesigned financial plan you fill with details that describe your current financial state, long-term monetary objectives, and how to meet them. In the template, you include project cost, cash flow forecasts, product sales, general expenditure, assets, and debt to equity ratio, among other essential elements in reaching your monetary goals. There are templates for either business-related financial plans or individual financial plans.

Financial Plan Templates & Examples

Financial Plan Template #01

Financial Plan Template #02

Financial Plan Template #03

Financial Plan Template #04

Financial Plan Template #05

Financial Plan Template #06

Agreements Financial Plan (Long Form) without Program Income

Break even analysis

Financial plan – Sørfond



Long Term Financial Planning 2011 – 2021 Guide


Remaining from 2016

Screen Australia Feature Film Finance Plan

Ten year Financial Plan showing expected revenue and expenses


    Essential Elements of a Financial Plan Template

    Financial Plan templates vary considerably depending on the end goal. However, must-haves in your financial plan template include:

    Net Worth

    Your net worth statement is the baseline for your financial plan. Take a list of all your assets minus your liabilities to obtain your current net worth. Net worth statements are the best snapshot of your financial state.

    Financial goals

    The essence of a financial plan is to increase your monetary value. Realistic short-term and long-term financial goals will make your saving and investing more intentional. Include specific figures and dates you expect to achieve your financial goals.

    Debt management plan

    Not Al debt is bad debt. However, you need to include a debt management plan if you want a reliable financial plan. Develop debt repayment plans, especially for high-interest debts.


    Whether startup expenses or running expenses, financial plans should capture the cost that will impact your long-term monetary objectives.

    Cash flow statements

    Current and future cash flows are a must-have in any financial plan.

    Investment decisions

    No financial plan lacks investment decisions to grow your money. Investing your money is important to beat inflation and sustain your lifestyle during retirement.

    Insurance coverage

    A good financial plan provides a safety net for you and your loved ones. Include the premiums for the insurance cover and the valid period.

    Other financial documents include profit and loss statements, sales forecasts, and balance sheets. However, business financial plan essentials may differ from personal financial plan must-haves. It is important to contact a financial planning professional to guide you through developing a financial plan.

    Note: There is no set standard for a financial plan template. Include all elements that will help you achieve your monetary goals.

    Tips for Preparing a Financial Plan Template

    A financial plan is a comprehensive document you need for financial health well-being. Whether you decide to go it alone or have a professional financial planner help you, the following tips will guide you:

    Calculate cash flow projections

    Sometimes businesses have record-high sales, and the next quarter, they have meager sales. Determining how money comes in and goes out of your different accounts can enable you to calculate both short-term and long terms cash flows.

    Record your expenses

    Initial expenses and running expenses are an integral part of a financial plan. Recording your spending is an accurate way to determine whether you will need to loan funds or if the cash you have can sustain the expenses.

    Make a balance sheet projection.

    Match your assets against your liabilities to obtain future balance sheets. Remember to note depreciating or appreciating values of the assets.

    Set realistic goals

    Set your expectations with the time you intend to meet them and the specific dollar figure. However, do not set unrealistic goals that do not have a foundation on your current financial state.

    Types of Financial Planning

    Cash flow planning

    In a cash flow plan, you compare short-term and long-term cash flow projections against your goals. You can then find alternative funding if you are short on funds.

    Real estate planning

    Estate planning maximizes the value of your assets and ensures nothing is left to chance in case of unexpected situations. Estate planning essentially designates heirs to your property.

    Investment planning

    Through an investment plan such as equities or bonds, individuals can develop short-term and long-term investment strategies to achieve financial goals. An investment plan is the foundation of a retirement strategy.

    Tax planning

    Taxes are major obstacles to financial freedom. Financial tax planning allows individuals to increase net worth value while reducing taxation. Tax planning ensures efficient up to date low taxation on your savings.

    Essential Considerations of a Financial Plan

    Some important things to consider for your plan are:

    • Risk management strategy
    • Debt plan management
    • Retirement strategy
    • Estate plan
    • Long term investment plan


    What is the key purpose of a financial plan?

    The chief intent of a financial plan is to analyze your current financial situation, your financial goals, and how to achieve them.

    Who benefits from financial planning?

    Project managers, individuals, startups, business owners and investors.

    What is a personal financial plan?

    A personal financial plan comprehensively describes your financial state, end goals, and strategies to meet your long-term monetary goals.

    What is the essential part of a financial plan?

    Financial Plan essentials vary from person to person. Generally essential parts of the financial plan for many entities are cash flow projections and expenses.


    Financial planning is a sure way to guarantee a stress-free retirement. Also, businesses can develop new guidelines to achieve financial goals while investors will know the company’s trajectory before investing. Everybody needs a financial plan in a somewhat finance-centric world.

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