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.
The world's most_used spreadsheet shows up in such a wide variety of places that it's sometimes easy to forget just how much it can impact a business. Far beyond just tracking the bottom line, even a relatively straightforward business like an auto shop can find several uses for Microsoft Excel. Tracking the Bottom Line: Yes, it's true! You can put Excel to use by giving it your income and your outgo and having it chart your profits over time.