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Your spreadsheet should follow this convention too. The information that the user needs to first see or respond to first should be in the top left or top centre. 7/ Format for Description The rule of thumb is; format for description not decoration. What looks good to one person can look terrible to another. Multiple colours can be confusing and again generally simpler is better. If you have created a table or a database in Excel the headings could be bolded to separate these from the data. Perhaps more important than the choice of formatting is that it is consistent throughout the document.
Column Alignment Depending on your information you may want to adjust where the information falls within the column. Try left center or right and see how it reads. I generally find that numbers and dates are best centered and that text seems to work with a left justification as full sentences or phrases are read left to right. But again try the different methods and see what works best for the data that you are presenting. Allow sufficient space around the information in the cells by adjusting the column width. Excel offers a feature that allows you to double-click on the end of the cell column and it automatically adjusts to fit all of your information.
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Also how do you intend to handle depreciation and amortization since these are non-cash items that are typically added back to the income statement entries when determining the cash effect. Also how long is your investment horizon? Is it really that important to you to project out to 30 years or is 3-5 years sufficient along with a terminal value that represents the expected NPV beyond 5 years? Usually this latter approach works best and looks the most credible to potential investors. There are numerous ways to calculate terminal value including multiples current market values projected forward and round guesstimates. Obviously these decisions are affected by your personal preference and the type of investment for which you re calculating present value.