Candle Retail Shop Financial Model

Description
All business owners aim to maximize profits while minimizing costs. To achieve this, they need to plan ahead and take measures to prevent losses. Effective implementation of business ideas involves extensive planning, including cost estimation, attracting investors, purchasing inventory, hiring staff, marketing, and pricing strategies. The Candle Retail Shop Excel Financial Model Template is a helpful tool for financial planning and creating easy-to-follow plans for your Candle Shop Retail Business.
This financial model is user-friendly, practical, and assists with financial planning needs while allowing you to take corrective measures based on future projections. Even if you lack financial knowledge and Excel expertise, the Template is designed so that you only need to input your company's specific data in the designated peach-filled columns, and the model will update automatically.
Assumption
The Assumption sheet contains all relevant business assumptions you can modify in line with your company’s data, and the model will update the calculations accordingly.
Revenue Analysis
The revenue analysis involves predicting the number of customers, repeat customers, and the amount of orders for different types of food and drinks. This analysis also calculates the revenue and cost of goods sold. Additionally, this sheet assists in creating a precise and traceable revenue forecast for your business on both a monthly and yearly basis.
Depreciation
The depreciation section estimates the depreciation, accumulated depreciation, NBV, and the profit and loss from the sale of assets.  
Startup Summary
The startup summary estimates the total funding in the company and the funding required to run the business.
Financial statements
The Financial statements section has an income statement, cash flow statement, and balance sheet. 
Income statement 
The income statement shows the profitability of the company.
Cashflow Statement
The cash flow statement evaluates how efficiently your company manages its cash position or how quickly it earns cash to cover its loan repayments and finance its operating costs.
Balance sheet
The balance sheet provides a summary of a business. It exhibits your company’s financial position, broken into assets, liabilities, and equity. 
Breakeven Analysis
The breakeven analysis estimates the sales required to reach the breakeven point, i.e., no profit, no loss. The sheet also contains a graph to show visually which year your company will reach breakeven. The sheet also estimates the total break-even orders. 
Project Evaluation
The project evaluation estimates your business worth through the DCF method. In addition, it contains the Net present value of the company, Internal rate of return, Return on Investment, investor’s Future Equity Share, Cash Burn Rate Analysis, and Payback Period.
Sensitivity Analysis
The sensitivity analysis estimates the NPV and payback period of the company when the orders changes.  Moreover, we have calculated The NPV and payback period in two Pessimistic (Negative) and Optimistic (Positive).
KPIs and Ratios
This Key Performance Indicators and Ratios will enable you to know the profitability, liquidity, solvency, and Efficiency ratios.
Dashboard
The dashboard provides a graphical representation of your business's performance over the years.  
Advantages of using this model
Effortless and easy to use, there is no need to create formulas.
Cost-effective; you don't need to hire financial experts for financial modeling tasks for your startup. 
Detailed calculations with an accurate and standardized pattern