Financial Forecasting for Food Vans
As a food van business owner, you will need to understand how your cash flow will change over the year and when to make difficult decisions. Brixx can give you the tools needed to deliver the financial information needed as and when you need it.
Who can use it?
- Food vans
- Ice cream trucks
- Street vendors
Brixx is Highly Accessible for:
- Anyone with an understanding of the overall business
- Not just an accountant or FD
What are the benefits?
- The template reflects a real current business model – including all aspects of food sales and services
- Quick and easy to use, with easy to read results and graphs
- Quickly see the effects of additional income streams like loans
- Instant feedback exploring different scenarios, e.g. special campaigns or new launches
“Big picture thinking”
- Understanding sales impact on overall profit
- Proof of potential earnings planning for acquiring extra funding, e.g. bank loans
- Early preparation for lean periods like the winter season
- Resource planning for overheads such as new hires
- Budgeting for new firms or business locations
How to use the template
The components of your food van business
Every component of your street food business has been included in this template, from sales, to costs, to the assets of the business. In Brixx all aspects of your business can be modelled, and you are free to add to and modify the structure of your model to reflect the reality of your business.
Adding forecast data
In each component you’ll enter a forecast covering the next 3 years. Sales forecasts include unit price and unit numbers, while costs of sale and OTR costs can be calculated automatically based on your forecasts.
Reporting
Brixx models handle the double-entry accounting for you, letting you concentrate on what matters most – understanding your business. Brixx generates a full cashflow, profit & loss and balance sheet based on your model, as well as a financial dashboard. Drill down in each to see the origin of your figures.
Comparing actual performance with your forecast
Track how your business is doing each month by comparing your forecast with actual values for each type of sale and cost. You’ll quickly see where you’re performing well, and which areas of the business need attention. Use this information to inform your forecasts, increasing the accuracy of your planning.
Getting started with Brixx is simple
Get started FREE with Brixx today
and take the first steps to planning your business’ future development
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“With Brixx, the time, accuracy and ease of generating reports is much more efficient for my clients.”
Malcolm Veall, Naked AccountingFinancial modelling tool for food vans
Food vans need financial forecasting to plan and budget for expenses, such as food and supplies, labor, and equipment maintenance. It also helps them predict and plan for revenue and can help to identify potential financial risks and opportunities, such as changes in consumer demand or competition.
Brixx is built on 20+ years of business modelling experience, you’ll know you can trust the results. All this means you can provide clear and confident advice, backed up by the numbers. Model your future finances and focus on the growth of your food business with Brixx.