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In this tutorial, Patrick from Doggy Dashboard explains how to use an overnight boarding kennel financial forecasting spreadsheet. This tool is beneficial for current boarding kennel owners or those considering opening one, as it helps estimate potential revenue, costs, and expenses over a one-year period. The spreadsheet allows users to assess whether their business model will be profitable. To access the spreadsheet, viewers are instructed to download it since the displayed version is static and non-editable. Once downloaded, users can manipulate the data to analyze their financial outlook effectively.