Catering Business Plan

Catering Business Model Highlights

A five-year catering business plan to forecast a successful starting a catering business: calculate the costs, check profitability, plan yearly revenues and forecast multiple expenses, inventory and investment. An opportunity to develop several financial scenarios to create an effective business strategy for a catering business. Features a consolidated income statement along with the balance sheet and cash flow statement. Reporting with the help of tables, charts, and financial summaries. Included an option of control a business performance through key performance indicators. Equipped with detailed video instruction and helpful How to sections. Used by owners, advisors, founders, and investors. Available for editing and use in Excel or Google Sheets. Compatible with Mac and Windows.

Overview

Catering Business Plan template helps to make financial analysis, to calculate catering business cost as well as yearly revenues and expenses, to plan margins and sales mix salaries and wages, midweek and holidays profitability and create safety stock. Use a flexible catering business plan sample to compile your own. Here you can enter data to plan own business decisions, to forecast any deviations. This catering business plan allows you to create several business scenarios and choose the best for you.

Key features

  • Designed for success in a catering business.
  • Planning and calculating revenues and expenses, easily exposed to sales seasonality.
  • KPI benchmarks for tracking catering business results and main metrics.
  • Functional dashboard with core inputs and graphs as well as built-in break-even, financial summary and catering business valuation reports.
  • Switch output currency, margins and safety stock features with immediate operations results included.
  • Creates top revenue and expenses summaries, financial charts and key reports open for editing, saving in PDF, printing and use in presentations. It’s especially good for startups with limited original assets.

Used by

Made for investors, founders, managers — CEO, CFO, COO, VP of Finance — or financial consultants and advisors that want to calculate exact revenue and expenses forecasts for catering business and evaluate a catering business cost with the Excel template.

Easy to use

Explicit and thorough tables and charts tested by experienced businessmen and designed for various periods and catering business sizes.

Edit anything

Unlocked for editing. Detailed formatting and color scheme instructions are given. Used in Microsoft Excel or Google Sheets. Add and calculate your own figures.

Personal support

All day available personal support: online and on the phone services along with an instruction video for comfortable use. Built by professional financial modelers and businessmen.

“Finmodelslab team created a class A financial plan with all the bells and whistles that helped our business planning tremendously. AAA+++!”

– Lior Weinstein, digital businesses consultant

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Why do you need a financial model template for a catering business?

  1. Catering business plan helps you to plan and to track your expenses and check how much money can make catering services.
  2. Catering business plan sample is important for you to understand how to start a catering business, to plan profit margins, a sales mix, revenues, expenses, salaries, and wages.
  3. Catering business plan template allows you to build a flexible strategy, to forecast any deviations and to make correct business decisions.

With the help of the catering business plan template, you’ll be ready to:

  1. You will be able to change any business data to build several alternative scenarios for building a profitable and productive business.
  2. You’ll be ready to evaluate business opportunities and risks depending on external and internal factors, using multiple charts, graphs, summary, and reports.
  3. You will be able to make accurate financial forecasts and financial analysis of your catering business and to find investors, lenders in time.

Catering Business Plan:
Features And Metrics
from the revenue model to financials

In particular, it focuses on such critically important aspects as the following:

BUSINESS LUNCH CATERING FINANCIAL & BENCHMARK RATIOS

How to measure business performance? At the Dashboard and KPI tabs, you may find business lunch catering financial & operational metrics both in a long-term and short-term perspective. Benchmark indicators and key performance indicators let you to evaluate progress in your business and to find the best ways of increasing the number of customers, quality of services and profits.

Business lunch catering financial & benchmark ratios

Catering Business Plan Reports

Reports are demonstrating information with help tables and charts of the business. Thus, the catering business plan shows more details about the financial state of your starting a catering business

BUSINESS LUNCH CATERING DASHBOARD GRAPHS

A dashboard tab represents to you the main information about catering business and core financial metrics at a particular point in time. A flexible dashboard allows you to make a clear analysis and build business forecasts. You can see your main financials, revenue breakdown, cash flow data, profitability forecasts, and cumulative cash flow.

Starting a catering business with a flexible Dashboard

CATERING BUSINESS PLAN BENCHMARK RATIOS

On this tab, you can see and analyze the main catering business KPIs. You’ll be notified about a percentage of gross margin, profit margin, net profit, %, wages as a % of revenue and operational productivity and a per worker productivity.

Catering Business Plan Benchmark KPIs

CATERING BUSINESS PLAN SAMPLE OPERATIONAL METRICS

Operational metrics tab demonstrates overall catering business operational productivity and per worker productivity. So, you’ll track a revenue per worker as well as average revenue per day by month.

Catering Business Plan Productivity and Workforce Productivity

CATERING BUSINESS PLAN FINANCIAL METRICS

How to start a catering business and to achieve success? With financial metrics tab, a tracking of overall catering financial performance will be more efficient. So, you’ll be informed about metrics like EBITDA, CASH BALANCE etc for the first 24 months and the 5 years by month. You can make a financial analysis and forecast your future business steps.

Ctering Business Plan Sample Revenue Breakdown
Catering business plan financial graphs Cash Flow and Operating Cash Flow
Catering business plan sample financial charts EBITDA and EBIT

CATERING BUSINESS PLAN FINANCIAL SUMMARY

The financial summary sheet represents you the key financial reports for starting a catering business. On this tab, you can see income statement with the year ending money, gross margin percentage, EBITDA, EBIT (the net expenses), net profit before and after tax.

Catering business plan Financial Summary Income Statement
Catering business plan Financial Summary Cash Flow Statement
Catering business plan Financial Summary Balance Sheet Statement
Catering business plan Income Statement
Catering business plan Cash Flow
Catering business plan Balance Sheet

BUSINESS LUNCH CATERING TOP REVENUE

Top Revenue tab enables you to choose a period to look at, e.g. 2019–2023, and compare the exact revenue for each year. This data represents the informative graphs and charts, that helps you to track a dynamic of each indicator more exactly.

Business Lunch Catering Top Revenue Summary
Business Lunch Catering Top Revenue Depth
Business Lunch Catering Top Revenue Bridge

CATERING BUSINESS PLAN TOP EXPENSES

This tab of business lunch catering template regards your spending and divides into 4 groups: total salary and wages, placeholder 2, placeholder 3 and tax expenses. Everything else can be found in Other section.

How To Start A Catering Business? Evaluate Top Expenses Summary
How To Start A Catering Business? Evaluate Top Expenses Depth
How To Start A Catering Business? Evaluate Top Expenses Bridge

CATERING BUSINESS BREAK-EVEN ANALYSIS

Making a breakeven analysis you can control when your company is ready to move to a new level when its overall revenues become bigger than expenses.

Catering Business Plan Break Even Analysis

CATERING BUSINESS DCF VALUATION

Here you can evaluate the distribution of current cash flow to Investors — Discounted Cash Flow method (DCF) based on financial forecasts.

Catering Business plan Valuation DCF

Catering Business Plan inputs and assumptions

To make a model alive you should use yellow cells to input assumptions.

CATERING BUSINESS MODEL DASHBOARD AND REVENUE INPUTS

Forecast and evaluate your overall revenue for any period. Dashboard tab includes core inputs and catering business financial charts for you to create several scenarios, check them, and choose the best. Here you can type your any indicators to model a catering business plan. Would-be income of your business lunch catering, sales margin and a ratio between food and beverages, overall revenue forecast and sales ups and downs — all of that can be planned in the Dashboard tab.

Starting a catering business with a flexible Dashboard
How To Start A Catering Business? Core Dashboard Inputs

CATERING BUSINESS MODEL SEASONALITY ASSUMPTIONS

Different seasons impact on your profit. Input the percentage of deviations from monthly Average Sales Per Day. Seasonality tab makes you sure changes was planning and to choose the most profitable seasons.

Catering Business Plan Seasonality assumptions

CATERING BUSINESS PLAN WAGES INPUTS

Planning the wages expenses will help you to ensure competitive salaries for workers. This tab allows calculating catering business expenses for the salaries of your personnel if you enter the information about Number of Employees, Annual Salary Raise, Monthly Bonus and Tax Rate.

Catering Business plan wages and salaries

CATERING BUSINESS MODEL FIXED EXPENSES INPUTS

Fixed Expenses Inputs allow making more clear forecasts for successful starting a home catering business. This tab helps to plan fixed expenses for a catering business. Calculate the costs that don’t vary depending on the number of customers or sales — this sum to be charged every day/week/month/quarter/six months, etc.

How To Start A Catering Business? Estimate Catering Business Fixed Expenses

CATERING BUSINESS PLAN VARIABLE EXPENSES INPUTS

Variable expenses can be changing every day depending on sales volume, on your use of products or services. Build the forecasts and learn how to start your own catering business plan with planned every step.

How To Start A Catering Business? Plan Catering Business Variable Expenses

BUSINESS LUNCH CATERING MODEL CAPEX ASSUMPTIONS & ASSETS

Capital costs or investments are catering business development expenditures, that is to be amortized. You can name categories, choose payment delay and input the spent money.

How To Start A Catering Business? Forecast Catering Business Development Expenses
Catering Business plan Capital
Catering Business plan Assets

CATERING BUSINESS PLAN COST DEBT & CAPITAL ASSUMPTIONS

Are you thinking about taking a loan or attracting some capital investment for your home catering business? Our customized debt and grant settings and equity capital are all to your service!

Business Lunch Catering Template Debts Assumptions
Starting A Catering Business Capitalization Table

CATERING BUSINESS MODEL INVENTORY ASSUMPTIONS

This tab for tracking and regulation an inventory level to meet customer demand. Food and beverage can use to customers or for further processing. Safety stock shows the inventory safety level you should keep. Efficient managing inventory can help the company take more orders and be more profitable.

How To Start A Catering Business? Evaluate on this tab an Inventory

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