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In this video tutorial by Ivan from SimpleSheets, he guides viewers through the step-by-step process of using their operating budget analysis template, part of a collection of over 100 pre-built templates. The introduction sheet provides details on customization difficulty and instructions for effective use, including compatibility with online services. The template assists in projecting a company's revenue and operational expenses for a specified period. When using the budget data sheet, users should only enter data in the white cells, as the grayed-out cells contain automated formulas. The tutorial emphasizes inputting the target and minimum return on investment.