In the Operating Expense Budget Section otherwise called OPEX, the details you may include are the following: o Advertising Costs o Delivery Costs o Other Employee Benefits o Insurance o Interests o Office Supplies o Postage o Maintenance and repairs o Telephone and other utilities o Rent and mortgage o Taxes _ There are other operating expenses you encounter and you have to put all of them in the template. Budgeting on a per period basis is likewise necessary herewith. If you are already in operation for a while, you must review the average periodical expenses and budget for operating expenses accordingly. Based on your average monthly or quarterly operating expenses, budget two period when necessary. If this is not possible, use the average based on the past 3 months or three quarters. Ensure that you pickup the highest period cost to ensure that your budgeting is enough to cover any spike on your costs.
Support for Financial Templates _ I have yet to meet a client who didn't need some kind of modification to the template he used for his Business Plan or even his Balance Sheet! And with most financial templates available on line, there simply isn't any support. What's more, many of the templates I've seen look like they have been created by people who have Excel knowledge, but are not necessarily accountants. And so you have many small things which simply aren't right. As a non_accountant you wouldn't even notice them. For example, you may not know the difference between an equity section of a Balance Sheet for a sole proprietor and an LLC. That's why I decided to offer support with the templates on my site. I'm looking forward to helping you save time as I do, every day!