Balancing your life and your small business is hard enough, and keeping to a business budget can be difficult. Balance your accounts easily with these five free tools.

Each month, we’re sharing and promoting free or affordable tools that help small business owners run their businesses better. Here are five free budgeting tools.

Balancing your life and your small business is hard enough, and keeping to a business budget can be difficult. Balance your accounts easily with these five free tools.

Microsoft Office Business Expense Template

What it costs: Free

What it does: If your small business uses Microsoft Excel, here is a budget template for you to easily download and edit yourself. While this template focuses on expenses versus income, it is extremely detailed and includes graphs and charts to help you visualize your business expenses.

Intuit QuickBooks Annual Budget Template

What it costs: Free

What it does: If you are familiar with using spreadsheets but want to keep your budget accessible in the cloud, this easy-to-use template has all the formulas set up for you. Just enter your information, and this completely free template will do the rest. Remember to add it to your own Google Drive first so you can edit the file.

GnuCash

What it costs: Free

What it does: Using GnuCash’s open source software is a great stepping block for small businesses who want something more sophisticated and error-proof than using Excel spreadsheets but don’t have the budget to pay for fancy software. It will take some technical skill to install, but it is completely free to use and has a detailed Wiki full of instructions. GnuCash is available in several different languages and currencies; on Windows, Mac, and Linux; and as a complimentary mobile app. Highlighted features of the tool include double-entry accounting, stock/bond/mutual fund accounts,small-business accounting, reports, graphs, QIF/OFX/HBCI import, transaction matching, scheduled transactions, and financial calculations.

Mint

What it costs: Free

What it does: We’ve mentioned Intuit’s Mint before, but it really is a useful free tool for budgeting. While the service is more geared towards personal finance, it can be used for small businesses. Connect your business bank accounts and create trackable, real-time budget categories. Bonus: you can get free money tips, credit scores, bill schedules, and more.

Metabase

What it costs: Free

What it does: Metabase is an excellent open source software for business owners who want simple, clean, and useful tools. You don’t need to know any coding to set it up, visuals are more clean and modern than most open source tools, and it can be easily used by multiple team members in your business. The catch? It is a little more difficult to set up if you aren’t on a Mac.

 

We’re always looking for the best affordable online resources including tools to promote to small business owners like you. If you have a tool you’d like to share with fellow business owners, contact us at sblending@opportunityfund.org.

For information about Opportunity Fund’s small business loans, please contact us at 866-299-8173 or loans@opportunityfund.org.  For questions about your existing loan or other customer service questions, please contact us at 866-299-8173 or sbhelp@opportunityfund.org.

Loans are subject to credit review. Additional documentation may be required for credit approval. We are an Equal Opportunity Lender. Loans will be made or arranged pursuant to California Department of Corporations Finance Lenders License #6050609.


Opportunity Fund is tackling economic inequality so that hard work and perseverance means a shot at getting ahead, not just struggling to get by. Our programs are supported by a community of donors and investors whose contributions help to fund small businesses, support college students, and build stronger families and vibrant neighborhoods. Since 1994, the team has deployed $700 million and helped thousands of families earn, save and invest in their own futures. Opportunity Fund has earned a 4-star rating from Charity Navigator, America’s largest independent charity evaluator, for our commitment to accountability and transparency.

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