Free Small Business Balance Sheet Templates | Smartsheet (2024)

Download a Simple Small Business Balance Sheet Template for
Microsoft Word | Excel | Adobe PDF | Google Sheets

Use this simple, printable small business balance sheet template to calculate your small business’s year-to-year total assets, total liabilities, balance, and net worth. Enter your current and fixed assets, your current and long-term liabilities, and your owner’s equity. Your total assets and total liabilities are reflected in the Balance field. Complete the template monthly or yearly to create organized historical data for referencing changes in financial outlooks. This balance sheet template is useful for any industry, from marketing to real estate to IT.

Check out this collection of business plan financial templates to create an accurate financial picture of your company.

Download a Small Business Balance Sheet Template with Sample Data for
Excel | Adobe PDF | Google Sheets

Download a Blank Small Business Balance Sheet Template for
Excel | Adobe PDF | Google Sheets

Use this printable year-over-year small business balance sheet template to record your current financial status, or fill in projections to predict potential financial outcomes. Enter your assets, liabilities, and owner’s equity to determine common financial ratios. Use this tool to track and anticipate your small business’s finances. You can download two versions of this template: a blank balance sheet, or a sample balance sheet template with example text to guide you through the process.

Try one of these free profit-and-loss template resources to ensure that you can accurately account for your balance sheet needs.

Download a Monthly/Quarterly Small Business Balance Sheet Template for
Excel | Google Sheets

Use this monthly or quarterly small business balance sheet template to analyze and archive your business’s assets, liabilities, and equities over monthly, quarterly, and year-to-date timelines. The spreadsheet will automatically calculate short term and long-term assets and liabilities every quarter and at the end of each year. Common financial ratios are calculated using total and current liabilities and equity. This printable template is the perfect tool for analyzing your business’s economic health.

Download a Small Business Cash Accounting Balance Sheet Template for
Excel | Google Sheets

Use this small business cash accounting balance sheet template to determine your business’s outgoing cash. This printable template includes total calculations of cash receipts, costs of goods sold, operating expenses, and additional expenses. Choose your start and end dates to create a customizable timeline.

Check out these small business expense report templates to ensure that you capture company and employee expenses accurately.

Download a Small Business Pro Forma Balance Sheet Template for
Excel | Google Sheets

This printable small business pro forma balance sheet template serves as your business's financial statement over the course of a specific timeframe. Enter line items to quickly calculate your current and long-term assets, current and long-term liabilities, and owner’s equity. Annual columns make it easy to compare changes year over year. Once completed, you can identify where to make adjustments to improve profit and net worth.

A small business balance sheet template is a statement of assets, liabilities, and equity. Monthly, quarterly, and annual balance sheets provide insight into gradual financial changes. Balance sheet templates are essential to maintaining financial statements and measuring financial health.

If you are a current or prospective small business owner, it’s imperative that you track your liabilities and assets. Doing so will ensure you have accurate information regarding how your company invests and spends money. A complete balance sheet allows you to identify areas of concern and patterns in profit and loss.

A small business balance sheet template typically includes the following line items for tracking your business's financial position:

• Current Assets: List things your small business currently owns, such as cash, inventory, short-term investments, prepaid expenses, and accounts receivable.
• Fixed (Long-Term) Assets: Write down any assets, such as patents, vehicles, and equipmentthat benefit the company for longer than one year.
• Current Liabilities: This category includes anything your small business pays out routinely, such as rent, wages, administrative costs, supplies, and accounts payable.
• Long-Term Liabilities: List any company debt, such as long-term loans.
• Owner’s Equity: Once your liabilities are paid, this is what your business is worth.
• Current Ratio: This number is determined by comparing your current assets to your current liabilities.
• Debt Ratio: A company’s debt ratio is the percentage of assets that have been financed through debt. To calculate your debt ratio, divide your total liabilities by your total assets.
• Working Capital: Working capital is a measure of how much money a business has on hand to cover its everyday expenses. To calculate your working capital, subtract your current liabilities from your current assets.
• Assets-to-Equity Ratio: Assets-to-equity ratio is the percentage of a company's assets that belong to the owners, compared to the company’s total assets. To calculate your assets-to-equity ratio, divide your total assets by the owner’s equity.
• Debt-to-Equity Ratio: Debt-to-equity ratio is the percentage of a company's assets that were paid for by borrowing money versus how much was paid for by the owners. To calculate your debt-to-equity ratio, divide your total liabilities by the owner’s equity.
• Common Financial Ratios: These are various ratios a company uses when comparing assets, liabilities and owner’s equity.