Description

Cookies Shop Excel Financial Model

Are you the ones who are well famous for their delicious cookies? Before starting a Cookies Shop and making various cookies, you need to have all the aspects of financial performance to enable better financial decisions within a shop. Maybe you have developed a perfect cookie recipe that lets others appeal to devour your chunky cookies. Now it’s the right time to turn your bakery into a profitable business. Our Cookies Shop Excel Financial Model is designed to help you make informed principal business and financial decisions based on accurate reporting.

The Cookies Shop Excel Financial Model’s objective is to take every opportunity possible to help your business grow and try to keep threats such as liquidity away from the business, improve the owner’s financial wealth, and build a good reputation within the community. Hence, people feel invited and welcomed when they visit your shop.

Objectives of Cookie Shop Financial Model template

The  Cookies Shop Financial Model excel template is designed by Oak Business Consultant that allows the user to forecast the revenue and expenses of a startup or existing business for up to 60 months; additionally, it includes Three Financial statements (Profit and Loss, cash flow, balance sheet) on a monthly and annual basis. And it also includes sales analysis, feasibility matrices, and diagnostic tools. Moreover, it also provides financing options analysis for the project, including equity funding from investors.

Business Model similar to Cookies Shop Excel Financial Model

Wicked Woopies, Bouchon, The City Bakery, and Glaser’s Bake Shop

Key Inputs

1. Advertising Budget – Input is linked to Sales; the more you spend on the advertisement, the more sales you generate.
2. Total Organic Customer Rate – How many Customers come to your bakery without using paid advertisement?
3. Percentage of Converted Repeat Customers – At what percentage of new total customers come to your baker repeatedly?
4. Churn Rate – what percentage of your old customer decline
5. No Visits per customer monthly
6. Estimate the order of your all product range
7. Price of your product sold.
8. Tax Rate
9. Merchandise – Average Order $ Amount per visit

Key Features of Cookies Shop Excel Financial Model

Input Sheet

This model excel template contains inputs that, when changed, impact the calculations; therefore, the changes are applied to all relevant sheets. Since our financial model always has built-in flexibility, it displays different outcomes or final calculations based on changing a few key inputs according to your business. It will help to test run your relevant scenarios.

Startup Summary

The table allows the user to calculate startup business costs for the first year. Hence the initial investment amount required from the investors or a bank loan is easily understandable. It will ease decision-making for the owner whether this funding will help his business to expand.

Monthly & Yearly Income Statement

The Monthly Income Statement sheet for  Cookies Shop Excel Financial Model is perfect for those who require regular reporting and details.

Additionally, the income statement contains all revenue streamlines with gross and net earnings linked with revenue analysis to ensure accurate reporting. We understand a business goal is to profit from that; there must be a mechanism that helps the business owners determine whether they are making profits or otherwise. A newly established will always like to build a monthly income statement to record his returns from the business’s primary activities.

Furthermore, the Yearly Income Statement gives you complete insights into revenue and general & administrative expenses. The Yearly Income Statement also contains several graphs, assumptions, ratios, margins, net profit, earnings, cost of services, and profit after tax. It will also help you answer whether you can repay loans to investors.

Cash Flow

We prepared receivable and payable days to help users accurately predict cash activities, including free cash flow to the firm. For customers’ ease, these receivable and payable days are set as Input so that the customer can change them anytime he wants. The Cash flow analysis contains all relevant inputs linked with investment, finance, and operations.

Balance Sheet

The balance sheet is a snapshot of your financials. Hence, all these critical things, such as property, plant, account receivables, payables, and short-term investments, will help you record your business’s financial health. The balance sheet statement provides the user with a complete overview and includes the current 5- year projection of your Assets, Liabilities, and Equity Accounts.

Break-Even Analysis

Yet another essential thing in making decisions is Break-even analysis. The break-even analysis will help you to know at a glance the profits generated at various sales levels since the safety margin refers to how the business can afford a decline before it starts incurring losses. So the Break-Even Analysis refers to the point where your total sales contribution refers to fixed cost at zero profit and loss. This technique is primarily based on marginal costing that behaves differently at different output activity levels.

Project Evaluation

 

Since the table calculates Return on Investment, Investor’s Future Equity Share, and Cash Burn Rate Analysis, analyzing the company’s performance becomes easy.

Diagnostic Sheet

Since we added a unique table that automatically calculates the data, it provides financial commentary about its financials.

Dashboard

Reasons for preparing Financial Forecast

Imagine You are driving somewhere where you have never driven. In most cases you are, you are going to look ahead. 

• Estimating the distance would take you to travel
• Look at a map.
• Reaching out to someone who has traveled in the past.

You are unaware of what’s coming, but you make your best-educated guesses to plan. 

You will get lost and likely get far from your target location without any proper guided location. 

The same logic goes for your financial planning and forecasting. If there is no plan or direction for your Cookies Shop, you will make no progress with a lot of effort. 

Even though your forecast is inaccurate, they are essential for guiding and planning your business’ future. These tools will help you decide how to act today, what measures should be taken, and set yourself up for the future. They are essential business planning and financial planning tools. Also, suppose you ever seek additional financing for your cookie shop. Whether through personal credit, seller finance, or business loans, you’ll always need financial forecasts to share with these lenders. Lenders will want to see the payback period of your period. By taking the time to update your forecasts regularly, you’re preparing yourself to cross that bridge when you get to it with confidence instead of in a panic trying to show how your business will grow. 

What Makes The Cookies Shop Excel Financial Model worth it?

The  Cookies Shop Excel Financial Model comes with similar inputs to other businesses. However, it is important to understand that not every business revenue and other inputs are similar since the  Cookies Shop Financial excel template is a unique and dynamic model that may help you forecast and evaluate your financial assumptions.

Moreover, there are various reasons for a financial model template as a startup or a well-established business. Business owners need the model to build and forecast an economically feasible business, be better prepared for future uncertainties, communicate the company’s performance to potential investors or shareholders, or set goals for the business. It is flexible and portrays both design and technique. Therefore, all modifications and scenarios can be changed in any field successfully.

Furthermore, there are several more reason which makes this model a helpful tool for your business:

1. Help you forecast your revenue and business viability, balance Sheet and income statements, vital financial KPIs, cash flow, and profit, all presented in graphs and summaries of the financials.
2. Cookies Shop Excel  Financial Model uses the calculations based on Traffic, purchasing customers, and buy assumptions to have an accurate result.
3. Investor friendly and easy to understand.
4. Error-free projections  Hence, easy to change
5. 3-year expense assumptions
6. Schedule your loan payments.
7. Calculate startup expenses.
8. Track and organize revenue streams.

How you can Use this designed Financial Model

Revenue Analysis Spreadsheet

Our Revenue Analysis Sheet is simple and makes sense. The revenue is generated from two units. One from recurring customers and the other from new customers. Finally, these customers are linked with growth, churn rate, and advertisement spending.

1st Step – Enter the amount of advertisement budget in the first month and when the cookies shop will start operations.

2nd Step –  Enter the average price per order, growth rate, and churn rate.

3rd Step – Enter the percentage of Cost to goods sold

4th Step – Enter which products you are going to sell in your cookie shop.

5th Step –  Enter all percentages where indicated.

Operating Expenses

Operating expenses are significant for your template. In the INPUT sheet, we have included several expenses that might be associated with your business.

1st Step – Enter the number of expenses that can arise in your Cookies shop business

2nd Step – Enter monthly amounts.

3rd Step – These expenses are linked with the inflation rate. Therefore you can also set the inflation rate percentages.

Assets

We have also built a Fixed Asset Sheet for your business:

1st Step – Go to Fixed Asset Sheet and insert month of purchase (the number should be numeric)

2nd Step – Add the name and amount of an Asset.

3rd Step – Add life in years.

4th Step – Add scrape value (optional)

After entering all the above information, you can move to the Depreciation Sheet and see the amount of depreciation that will be charged to your income statement every month.

Critical Startup Cost Sheet

The spreadsheets are the key to your success, whether your shop is five years or five months old. But – bonus spreadsheet! – startup costs for a new shop may be just as critical to track. If you’re starting (or expanding to a new location) and your Cookies Shop hasn’t opened yet, we put together an additional shop opening spreadsheet to keep you updated and on top.

Starting a Cookie shop is not easy. Many factors may impact your business, so you’ll want to be diligent about your expenses and costs right from the start to ensure you’re spending your startup capital on the right track. While it may not be the glamorous part of owning a shop, an updated financial forecast makes all the difference in making long-term decisions about your shop. Knowing your numbers ahead of time and avoiding uncertain financial situations as much as possible – so you can ultimately enjoy owning your dream cookie shop.

The startup Cost sheet automatically calculates the amount of money you need from the investors. We have included a few inputs for you to calculate the numbers. The default 12 months has already been set on the sheet. The startup cost is critical for investors, banks, and any individual willing to invest in your business.

The benefits of the Cookies Shop Excel Financial Model

Save Money & Time

If you are starting your Cookie shop business or even if you meant to expand your business, Oak Business Consultant will surely help you by providing this template. The template is for your ease. This Financial Model excel template enables you to begin your startup planning with the least fuss and maximum help. No composing equations and formulas, no designing, no programming, no outlining, and no costly outside specialists required. Plan the development of your business instead of around insignificant techy things. We have all the pre-set formulas in this template.

Easy To Use

Easy-to-use yet very advanced financial planning tool. So, with minimal planning experience and a fundamental command of Excel, you can get complete and reliable outcomes, whatever size and phase of development your business is. One can easily edit our Courier Service financial model with basic knowledge of excel and finance by adding information itself. All the metrics will be updated automatically after adjustments to the input sheet. Here you will find all the necessary financial and valuation reports, including Cash flow, break-even, Startup Cost plan, Balance sheet, and income statement. A high-quality financial model for an event agency makes it possible to foresee a future profit and enables the user to make wise decisions.

Understand the Viability of Each Single Item

Our Cookies Shop financial model template will help you figure out which product categories and combinations bring enormous benefits and which should be improved. Hence, you will have to share the business measures for multiple items to assess the cost of goods sold, including the price of items, their stockpiling, work, and other overhead expenses accordingly.

Graphical Visualization

All necessary Calculations and estimations are visually represented on a dashboard in this Cookies shop template. So you don’t need to move sheets to compare data.

Walk-Through Video of Cookies shop Financial Model.

The following video will give you an overview of the different components of the financial model and will help you understand how it works.

This Product includes 1 Excel File.

We also provide a Bakery Business Plan template which can provide a complete overview and roadmap for a cookie shop business as well.