CATERING BUSINESS PLAN Financial Model Excel Template - SALE

SALE! Starting a catering business? That's where Catering Business Plan Financial Model Template comes to get you there

Description
A business based on food service may manifest in completely different formats. One of them is catering, i.e., mobile food provision at the place specified by the customer. At the same time, the provider of such service can offer a large number of additional functions that can not only increase revenue but also improve customer satisfaction. Quality service in catering is no less important than the quality of the prepared food itself.

This line of business can be up-and-coming, but only if there was a comprehensive and planned approach to the company at the very beginning. And in this case, you cannot do without a well-developed business plan.
So, how to become a caterer, how to open and start your own catering business?

The good thing about this business niche is that you can start catering directly from your private home, from your kitchen. Our detailed financial plan for the catering business will help you calculate the initial costs for the purchase of production equipment, products, and other necessary materials. Our project involves the use of catering budget, profit & loss template so that you will be well-informed about the future revenues and expenses.
The business plan also tells about other requirements for starting a catering business from home. You will receive additional information on your margins and salaries. Also, the usage of our business-plan development will help you to make better decisions so you can start your businesses successfully.
In general, this type of business is quite promising, and the market, even in large cities, is not always saturated with the offer of organizations of this kind. Therefore, instead, take on the development of a business plan and conquer the heights of catering!

Catering Financial Plan Template Will Help You

- Make a complaint, 5-year Cost Assumptions Plan
- Create Weekdays Revenue assumption plan
- Use 161 Currencies for inputs and outputs
- Schedule your Startup Loan repayments
- Outline a sales seasonality
- Set up products, sales mix, price and COGS by years
- Target your inventory safety stock level
- Forecast Salaries and Wages for your personnel
- Reckon a break-even point and return on investment
- Plan the costs for opening and operating activities

Benefits of using a Catering Financial Plan Excel Template

Works for startups
Creates a financial summary formatted for your pitch deck

Convenient, All-In-One Dashboard
Includes all required forecasting reports, including assumptions, profit and loss accounts (income statements), cash flow projections & statements, balance sheets, performance reviews and summaries for months and years (incl. numerous graphs and KPIs).

Weekday Revenue Assumption Plan
Wouldn't it be great to have an estimate of how many working days you'll have per year, as well as – which ones will be the busiest? Financial Template includes a weekday revenue assumption plan. You will find which days bring in the most revenue and be able to plan ahead for the busy periods.

Simple and Incredibly Practical
Simple-to-use yet very sophisticated financial planning tool. Whatever size and stage of development your business is, with minimal planning experience and very basic knowledge of Excel you can get complete and reliable results. Additionally, you will receive uncompromised after-sales service and access to valuable tutorial videos and blog posts.

Follow Seasonality Trends
Most Catering have to adapt to some sort of seasonality trends. Your area might be flooded with visitors over the summer, but over the winter your sales decline. Or you might have special Christmas selection. This template will help you keep track of seasonality trends year-round.

Build your plan and pitch for funding
Impress bankers and investors with a proven, solid financial model that impresses every time.

Print-ready Reports
Solid package of print-ready reports, including a profit and loss statement, cash flow statement, a balance sheet, and a complete set of financial ratios.

Analyze Each Product’s Performance
Most likely, you have several product categories or at least several variations for your core product. The template will help you neatly organize various product variations and categories to analyze which product brings in most of your profits, and which might require a recipe’s update. You will be able to break down sales forecast for 5 products and estimate each product COGS: cost of products, cost of storage, cost of labor and overhead expenses.

Catering Financial Plan Template Reports

Save time and money
Via business plan for catering you can without effort and special education get all the necessary calculations and you will not need to spend money on expensive financial consultants. Your task is building a strategy, evolution, and creativity, and we have already done the routine calculations instead of you.

Pre-built Integrated Financial Statement Structure
all of the core financial statements (Balance sheet, income statement, cash flow and statement of shareholder’s capital) are precisely defined and connected with the inputs

Break-Even Analysis
5-year break-even analysis clearly presented with a chart and numeric

Capitalization table
Shareholder’s ownership dilution is calculated here. This tab consists of 4 rounds of financing

Operational performance graphs
Here you may visually track your key performance indicators in the form of charts.

Industry benchmarks
comparison of performance indicators in the model and in the industry.

Financial performance KPIs
here is where you can track your core financial performance indicators in the form of charts.

Top Expenses
This tab displays your 4 biggest expense categories and the rest of the expenses as the “other”.

Loan Amortization Schedule
You can find this in the “Capital” tab, where you can see internal calculations of the loans, interest, and equity.

Valuation Report
with just a few rate inputs in the Cost of Capital, we have a Discounted Cash Flow valuation calculated

Cash Burn Report
having all the inputs in the cash flow statement, it is a benefit to have the cash burn rate calculated

Build your plan and pitch for funding
Impress bankers and investors with a proven, solid financial model that impresses every time.

SETTING UP PURPOSES AND FORMING A PLAN

Key questions/purposes which will be answered with the help of the Catering financial Excel model are as follows:

- to understand, whether the Catering ideas is profitable;
- to realize how profitable are Catering ;
- to calculate overall costs of starting a Catering business;
- to calculate expenses on salaries and wages of Catering workers;
- to calculate Catering start-up costs and running a Catering business;
- to estimate costs of Catering financing and time needed to loan payback;
- to craft an effective strategy of how to start a Catering business;
- to estimate how much do Catering make;

The model consists of:

- Dashboard with core assumptions, financials, and outputs
- Workload-based on days open per week and weekends & holidays per year drivers;
- Revenue calculations based on sales mix and daily revenue drivers;
- COGS calculations based on COGS drivers;
- Flexible revenue & expenses setup
- Simple by efficient safety stock setup
- Expenses, Wages and staff strength model
- Summary Financial metrics on graphs
- Top Revenue & Top Expenses reports
- Break-even Analysis
- Debt Financing and repayment schedule
- Income Statement, Cash Flow Statement, and Balance Sheet for 5 years
- DCF Valuation of the Catering Business

BENEFITS OF USING CATERING BUSINESS PLAN FINANCIAL MODEL

First and foremost, we did not hard-code any assumptions.

It is very helpful both for the client and financial modeler, as all the variables could be edited directly from the dashboard or from the revenue/expense/wages/etc sections.

Thanks to that, we could test different alternatives and make any edits literally on the fly.

Besides it, the fiscal year is editable. You may start your Catering business plan financial model in the middle of the year.

Last but not least, the Catering business plan financial model considered the interest and the repayment period of the debt.

In result, the user received maximally accurate financial statements summary.

Thus, our Catering financial metrics are flexible and editable, which provides the client with great user experience and confidence in the profitability of your business idea.

Use our professional Catering financial model Excel template when starting a Catering. Financial planning is one of the crucial steps in starting a Catering business. Every Catering can benefit from a best-practice Catering business plan enhanced with a budget for starting a Catering business.



• About us

Do you need a cash flow projection for your business? Or are you looking for an ideal template to prepare your cash flow statement? Whether you are an intending business owner or you have started your business, we are here to simplify your financial recording.

Welcome to Finmodelslab.

• Who we are

We are a financial modelling company set up for small and large business owners. We specialize in financial modelling and dashboards. Our model comes in varying style. Most times we create a customized projection to meet the specific needs of our customers business.

Believe us when we say our financial designs are simply unique and efficient.

• Our Promise

Finmodelslab promises to make it easy for people to keep up with cash flow statements and cash flow projections with its efficient and simple designs. Ultimately, we simplify your financial recording process.

With unique and creative designs, FinModelsLab promises to help every business owner to maximize their profit and keep good records of their cash flow. We also provide step by step guide on how to use any templates purchased from us.

Let’s help you take your business to a new height of profitability

• Who We Serve

Cash flow projection helps one to preempt potential business shortfalls. Therefore, we are here to provide cash flow dashboards to help you keep track of your business. Take a look at our financial models and dashboards collection, and you would be convinced about our quality.

Welcome once again to your unique financial model store. Welcome to Finmodelslab!

- Henry Sheykin
https://www.eloquens.com/channel/henry-sheykin

This Best Practice includes
1 CATERING BUSINESS PLAN FINANCIAL MODEL EXCEL TEMPLATE WITH "HOW TO" SECTION

Acquire business license for $99.00

Add to cart

Add to bookmarks

Discuss

Further information

The purpose of the Catering Business Plan Financial Model Excel Template is to provide the user with a useful tool to craft an effective strategy for Catering business development and understand, whether the Catering business idea is profitable or not.

The main purposes of the Catering Business Plan Financial Model Excel Template

- to understand, whether the Catering ideas is profitable;
- to realize how profitable are Catering ;
- to calculate overall costs of starting a Catering business;
- to calculate expenses on salaries and wages of Catering workers;
- to calculate Catering start-up costs and running a Catering business;
- to estimate costs of Catering financing and time needed to loan payback;
- to craft an effective strategy of how to start a Catering business;
- to estimate how much do Catering make;

It is a generic template so the user will need to tailor the expense assumptions and revenue inputs to their own needs

Reviews

  • Rate this Downloadable Tool

    Write a review

  • Letitia Seglah(last updated: 01/05/2020 11:17)
    Really useful
    This was useful to help a restaurant startup founder, comprehensive and easy to use.
  • Mohamed Hassan333(last updated: 22/08/2019 13:16)
  • Choi Tony(last updated: 13/05/2019 02:43)
  • Phan Vũ Hoàng(last updated: 08/04/2019 08:23)
  • Ameena Yahya(last updated: 18/03/2019 07:00)

keyboard_arrow_leftkeyboard_arrow_right

More Best Practices from Henry Sheykin

See all
keyboard_arrow_leftkeyboard_arrow_right

Any questions on CATERING BUSINESS PLAN Financial Model Excel Template - SALE?

The user community and author are here to help. Go ahead!


4.8 / 5 (5 votes)

please wait...