Get the Bakery Business Plan template. Find out how is owning a bakery profitable. Check what you need for a Complete Business Plan for Bakery!
Difference between different versions:
Full Excel version – Include reports for Top Revenue, Top Expenses, Break-even Analysis, Valuation, Financial Charts, Operational Charts, Benchmark KPIs, and Sources and Uses of Funds.
Basic Excel version – Does not include reports for Top Revenue, Top Expenses, Break-even Analysis, Valuation, Financial Charts, Operational Charts, Benchmark KPIs, and Sources and Uses of Funds.
Free Excel version – This is only a Demo and not editable or customizable.
Are you the one who’s known for making the best birthday cakes? Maybe you have found the perfect donut recipe that makes everyone’s mouths water over the sight of those delicious, juicy buns? It might be time to turn your talent into a profitable bakery with a bakery business plan!
We’ve created a complete bakery business plan for starting your own bakery business, including all the tools you need to plan, launch, and build a successful bakery.
You don’t need fancy tech skills. You don’t need extensive financial expertise. The dynamic dashboard and pre-built financial tools are straightforward and easy to use. Every business must have a 5-year financial projection to ensure steady growth and profitability. Complete Bakery Business Plan Template helps you do exactly that. It forecasts workload, average weekly sales and sales mix, ongoing bakery expenses, startup costs, and inventory. Also, it projects up to a 60-month bakery financial plan and cash flow. Combine these tools with your striking baking skills, and you’re on your way to owning a successful bakery business. This model is designed for smooth cash flow budgeting, with a clear set of assumptions around the opening and running a Bakery. Smart use of tables, graphs, reports, and financial Pro-forma makes Bakery Financial Plan clear and easy to work with (even if you have little experience).
Bakery Financial Plan Template Will Help You
– Build daily Bakery Sales Projection
– Track and organize Extra Revenue Streams
– Create Sales Mix assumption plan
– Analyze (and adjust to) Seasonality Trends
– Create flexible, 5-year Expense Assumption Plan
– Forecast Salaries and Wages for your personnel
– Calculate Bakery Startup Expenses
– Schedule your Startup Loan repayments
– Use 161 Currencies for inputs and outputs
– Calculate break-even point and return on investment
Benefits of using a Bakery Financial Plan Excel Template
Save Time and Money
Excel-Financial-Model allows you to start planning with minimum fuss and maximum of help. No writing formulas, no formatting, no programming, no charting, and no expensive external consultants. Plan the growth of your business instead of fiddling around with expensive techy things.
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).
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.
Follow Seasonality Trends
Most bakeries 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.
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.
Great Value for Money
Use a robust and proven financial model based on years of experience at an affordable price. This template has a one-off payment of $79 and absolutely no hidden fees or monthly payments. Your other options? Hiring a financial analyst and pay starting from $30 per hour up to hundreds.
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.
Get a Robust, Powerful and Flexible Financial Model
This well-tested, robust, and powerful Excel template is your solid foundation to plan a wide range of different business models. Advanced users are free to expand and tailor all sheets as desired, to handle specific requirements, or to get into greater detail.
Bakery Financial Plan Template Reports
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
Analysis of the revenue streams by each product category
consists of Income Statement, Balance sheet and Cash flow statement monthly and annual information, presented both with figures and charts
5-year break-even analysis clearly presented with a chart and numeric
with just a few rate inputs in the Cost of Capital, we have a Discounted Cash Flow valuation calculated
Financial performance KPIs
here is where you can track your core financial performance indicators in the form of charts.
Shareholder’s ownership dilution is calculated here. This tab consists of 4 rounds of financing
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.
Operational performance graphs
Here you may visually track your key performance indicators in the form of charts.
comparison of performance indicators in the model and in the industry.
If you dreaming to start a small bakery business. You should know that nowadays is the best time to launch a business in the Food & Beverage industry. Food & Beverage industry shows an increasing trend over the globe, and there is enough opportunity for new entrepreneurs.
That is when the Bakery Business Plan Financial Model comes in because your Bakery financial plan is one of the first things your lenders would like to see.
Business plan for a Bakery provides a framework to foresight the expected cash flows from operations for a Bakery investment and calculates the financial metrics of relevance to investors and lenders.
The Excel model template provides the following:
– Executive Dashboard with key charts, key metrics, and key assumptions. Just change the inputs on the top-left and see immediately the impact on the graphs for easy to understand
– Yearly financial projections for 5 years
Key Bakery Metrics are:
o Bakery Gross Margin, %
o Bakery Profit Margin, %
o Average Weekly Revenue, $
– Revenue Streams
o Variable & Fixed expenses
o Wages and staff strength model
o All other operating expenses (OPEX) costs (modeled as fixed costs)
– Financial Statements (Yearly) – Bakery Income Statement, Balance Sheet, Cash Flow Statement
– Financial Summary provides an annual and monthly overview of the core financial statements
– Top Revenue & Top Expenses reports
– Break-even Analysis
– Valuation based on Discounted Free Cash Flow (DCF) and EBITDA multiple
– Debt Financing and repayment schedule
– Fixed asset depreciation schedule with different categories of fixed assets
– Forecast of all relevant financial ratios
– Print-friendly layout including charts and graphs
Key questions/purposes which will be answered with the help of the Bakery Financial Plan Excel model are as follows:
– to understand, is owning a bakery profitable;
– to calculate average Bakery revenue;
– to understand how to start a Bakery business plan;
– to calculate expenses on salaries and wages of Bakery workers;
– to calculate the cost of opening a Bakery and Bakery monthly expenses;
– to estimate costs of Bakery finance and time needed to loan payback;
– to craft an effective strategy of how to start a Bakery Business;
– to estimate how much do Bakery owners make;
BENEFITS OF USING BUSINESS PLAN FOR A BAKERY 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 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 Bakery business plan financial model in the middle of the year.
Last but not least, the Bakery 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 Bakery 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 Bakery business model Excel template when starting a Bakery. Financial planning is one of the crucial steps in starting a Bakery business. Every Bakery can benefit from a best-practice Bakery business plan enhanced with a budget for starting a Bakery business.
After working on the model I found it very powerful, comprehensive, and integrated.
1 of 2 people found this review helpful.
Help other customers find the most helpful reviews
Did you find this review helpful?