BAKERY BUSINESS PLAN TEMPLATE
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
- Give You More Clarity
- Evaluate Your Business
- Document Your Revenue Model
- Decide On Acquiring Assets
- Build A Payroll Plan With Employee Assumptions, Expenses, Benefits, And Taxes
- Easily Enter All Assumptions In One Place
- Plan The Costs For Opening And Operating Activities
- Establish Milestones
- Make Hiring Decisions
- For Tax Planning
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 and absolutely no hidden fees or monthly payments. Your other options? Hiring a financial analyst and pay to start 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
Get a robust, powerful financial model which is fully expandable
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.
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.
Top Revenue
Analysis of the revenue streams by each product category.
All-in-one Dashboard
Consists of Income Statement, Balance sheet and Cash flow statement monthly and annual information, presented both with figures and charts.
Break-Even Analysis
5-year break-even analysis clearly presented with a chart and numeric.
Valuation Report
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.
Capitalization table
Shareholder’s ownership dilution is calculated here. This tab consists of 4 rounds of financing.
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.
Operational performance graphs
Here you may visually track your key performance indicators in the form of charts.
