How do I enter a business field?

Need some help and clarification with Graphic Design agency business plan.?

• Hello. :) I'm just starting out as a freelance designer, and I'm in the midst of writing up my loan proposal. I've hit a few snags while writing out my expenses/ income, and I need a little bit of input with a few things. I'm using a business plan template supplied by a local lender, and it has a 12-month financial plan with boxes for me to fill in. I calculated my sales, business rent, owner's draw, and utilities. The only boxes left blank are 'Other income' (Would this constitute revision fees and fees for things like printing and mailing, or is that factored into the sales? If so, should I just leave this field blank?), 'Cost of Goods Sold' (IE materials, no idea how much this costs month-to-month), 'Equipment', and 'Business insurance'. As for the equipment category, wouldn't this mean printers and such, and if so, isn't it a one-time expense? Should I just enter the expenses in month one? Also, how much does business insurance cost for a sole proprietorship Graphic Design business that is renting it's 140 square foot office in a 1950's era two-story stone building, and has gross profits of less than $50,000 per year? Long, detailed question, I know. I'd really appreciate some feedback from other designers on this. Thanks!

• Answer:

  Go to bplan.com where they will explain the spreadsheets