Our cost-benefit analysis Excel template allows you to weigh the potential pros and cons of any project. Start making smarter decisions in your business—download the template today.
Get your free template
What is a cost-benefit analysis?
A cost-benefit analysis is an analysis used internally to evaluate all the potential costs and revenues that a company might generate from a project or opportunity. The outcome of the analysis will determine whether the project is financially feasible or if the company should seek other opportunities. A cost-benefit analysis should also factor in the opportunity cost into the decision-making process on whether to take or pass on a project.
How to create a cost-benefit analysis template
A cost-benefit analysis is an examination of whether a project’s benefits outweigh its expenses. Managers in any business, from startups to large corporations, can use this process to predict whether an investment will provide them with profits or other positive results. If you run a business or just want to make thoughtful financial decisions, consider calculating the cost-benefit analysis of changes you are thinking about implementing. Just follow the steps in the Excel template and you’ll have the information you need to make a thorough analysis.
The content and templates are provided for informational purposes only and are provided as-is and as available basis. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.
All content on this site is information of a general nature and does not address the circumstances of any particular individual or entity. For questions or advice regarding your business’s specific circumstances, please consult your business financial advisor. Nothing in the site constitutes professional and/or financial advice, nor does any information on the site constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. Divvy is not a fiduciary by virtue of any person’s use of or access to the site or the templates provided herein. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content on the site before using the templates provided or making any decisions based on such information or other content. You agree not to hold Divvy, its affiliates or any third party service provider liable for any possible claim for damages arising from your use of the templates provided herein or any decision you make based on information or other content made available to you through the site.
