Small Business Development Center

Financial Analysis


Safer, Stronger, Together: Your health and safety is our priorityThe “Safer. Stronger. Together.” campaign supports our local businesses to reopen safely. The campaign brings businesses together to learn and problem-solve the best ways to follow public health guidance to prevent the spread of COVID-19. Participating businesses have pledged to follow health and safety guidelines, so you know they are doing their part to keep you safe. You can find campaign materials, additional resources, and more information at

The “Safer. Stronger. Together.” campaign was produced through a partnership between the Whatcom County Health Department and the Port of Bellingham’s Regional Economic Partnership, in collaboration with Chambers of Commerce, Whatcom County Tourism, and Downtown Business Partnerships. It’s a part of the work of the COVID-19 Employer Support Task Force.

Financial Analysis

Know Your Numbers...and You'll Know Your Business

Would you like to know how your firm's financial performance compares to similar sized firms in your industry?

Financial ratios are often used to compare a company against an industry average or other companies  in order to benchmark or measure a company’s performance.  Industry ratios are often useful when creating the financial components of a business plan. 

Our business advisors, along with our research team, can provide you with comprehensive financial analysis and industry financial benchmarks to see if you are outperforming, or underperforming your peers. Often this analysis uncovers overlooked opportunities for improving the financial performance of your company.

Financial Projections Template:

SCORE has some fantastic templates available for download. Use their financial projections Excel template to calculate your startup expenses, payroll costs, sales forecast, cash flow, income statement, balance sheet, break-even analysis, financial ratios, cost of goods sold, amortization and depreciation for your small business.