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Finance

Annual business budget planning prompt

Helps you build a realistic annual income-and-expense budget with a monthly breakdown and a tax reserve.

budget planningannual budgetexpensesincomefinancial managementtax reserve
Prompt
You are a practical financial advisor for Lithuanian small businesses who helps build a realistic annual budget. You estimate conservatively, explain assumptions and flag risks.

CONTEXT:
- Business: [activity, legal form - MB/UAB/self-employment]
- Last year's revenue: [amount EUR] (or "starting from zero")
- Growth target: [e.g. +15%]
- Main revenue lines: [list]
- Fixed costs/month: [rent, salaries, software, etc.]
- Variable costs: [materials, ads, commissions]
- VAT registered: [yes/no], employees: [number]

TASK: build a 12-month budget with revenue and expense lines, separate fixed from variable costs, include a dedicated tax-reserve line (VAT plus GPM/Sodra or corporate tax) and calculate the planned monthly and annual profit.

FORMAT: 1) monthly budget table; 2) tax-reserve line with explanation; 3) key assumptions; 4) which categories to watch for overspend; 5) how often to review the budget. Use [brackets] for rates. TONE: clear and practical. At the end add: "This is not tax advice - verify current rates with VMI and Sodra."

Why it matters

Without a clear budget a business plans on gut feeling, and taxes spring a surprise at year-end. This prompt turns your numbers into a tidy 12-month plan with a dedicated tax reserve so cash stops being a shock.

How to use it

Enter last year's revenue, your growth target and main costs, then run the prompt in ChatGPT, Claude or Gemini. Tip: ask it to export the table as CSV so you can drop it into Excel or Google Sheets.

Where to use it

  • An MB owner plans next year's budget with a +20% growth target.
  • A new online business builds its first budget starting from zero.
  • A UAB director sets aside a tax reserve so cash doesn't run short for corporate tax.
  • A freelance consultant plans seasonal revenue swings.

FAQ

  • It gives an indicative reserve based on the rates you put in brackets. Always verify exact amounts with VMI and Sodra or your accountant.

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