What is the role of static and dynamic inputs in this business plan template?

To start using this business plan template, follow these steps:

1. Enter your company name and start year in the information tab.

2. Input the necessary numbers in the fields highlighted in blue.

3. Check the validator checkbox once you are sure the data entered is correct.

4. Be aware of the static inputs that don't change over time and the dynamic inputs like inflation rate, credit card fees, and rent increase rate that will likely change over time.

The business plan template can assist in visualizing predicted outcomes by providing a structured format to track future revenues and expenses. It includes tools like a balance sheet with a ten-year financial outlook. The template allows for both static and dynamic inputs. Static inputs are those that don't change over time, while dynamic inputs like inflation rate, credit card fees, and rent increase rate are those that will likely change over time. By inputting these variables, the template can help visualize how these factors will impact the business's financial outlook over time.