Other Monthly Expenses: Input here your other monthly costs like Rent, Advertising, and Agency. Afterward, you can see the effects of the salaries on the Breakeven analysis. Salaries: Labor is one of the biggest expenses of your budget (You may choose to start paying some of your labor salaries later). In this section, we input Salaries and Other Fixed Cost assumptions: Understanding these costs will prevent any financial risk at the beginning and help better overall management. FIXED AND STARTUP COSTSįixed and Startup costs are the core concern of your restaurant budget. Now, we will input assumptions about fixed costs and startup costs. Gray cells are calculations and should NOT be manually changed. Remember: White areas are where you make your inputs or selections.The table will be calculated via simple multiplication of units and prices per month and it provides Sales Revenue and Total COGS results.You can do it on the basis of weekly, monthly, yearly or quarterly Predict growth percentage of sales projections, price evaluation, and cost evaluation.Input your weekly sales volume in order to calculate revenue projections.Make your assumptions about Unit price (Sell-Out) and Unit cost (COGS).Firstly, select your menu items and sales channels (group info will be displayed automatically).You will input all your assumptions related to your restaurant in this financial model tool: Instructions: You can hide/show instructions from the drop-down.It will not change the cell formatting but it will be shown on financial reports. Report outputs will start with the selected date. Start Date: Put here the possible start date of your restaurant.If you want to change it, the reports will be updated. It depends on your requirements about the feasibility period. Projection Years: Projection years allow you to predict the monthly Café budget from 1 to 5 years.Model Config: You can change these 4 options: As a result, these options will provide flexibility to your restaurant. For example, when customers prefer Take-Away service delivery, you can sell it at a lower price. According to these sales channels, you can define different pricing strategies for a product. We placed 3 channels as an example: Sit-Down, Take-Away, Online order. Sales Channels: Sales channels are your delivery ways. This is valid throughout the financial model template) (If you need much more space for it, you can expand the area easily by clicking + sign. You can input your product which you plan to sell in your Restaurant/Café. Menu Items – Group table: Here, we have put some dummy menu items. Settings details in this restaurant financial model are as follows: After that, output results will appear in the green sections on the right.Īlso, the Dashboard has a Settings part like this: Basically, you can put the predictions to the sections of the left which is blue or red. The above section of the Dashboard is Navigation, while the below section is Settings. We have prepared a Dashboard section to manage this comprehensive financial model easily. But before that, let’s start with reviewing the Dashboard section of the template. Finally, you can analyze the outputs to make new projections until you get satisfying results.īelow, we will explain these 3 sections in detail.And according to your inputs, output reports such as profitability, break-even and many more will be automatically created.Then input your fixed and startup costs like rent, electricity, equipment, and so on.
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