Catering Business Plan Template
If you want to start a catering business or expand your current one, you need a business plan.
Over the past 20+ years, we have helped over 5,000 entrepreneurs and business owners create business plans to start and grow their catering businesses.
Below are links to each section of your catering business plan template:
Catering Business Plan FAQs
Growthink's Ultimate Catering Business Plan Template allows you to quickly and easily complete your Catering Business Plan.
You can download our catering business plan PDF template here. This is a business plan template you can use in PDF format.
A business plan provides a snapshot of your catering company as it stands today, and lays out your growth plan for the next five years. It explains your business’ goals and your strategy for reaching them. It also includes market research to support your plans.
If you’re looking to start a catering business or grow your existing catering business you need a business plan. A business plan will help you raise funding, if needed, and plan out the growth of your catering company in order to improve your chances of success. Your catering business plan is a living document that should be updated annually as your company grows and changes.
The best way to write a catering business plan is to follow a proven catering business plan template. This template should include the following information: Executive Summary, Company Analysis, Competitive Analysis, Industry Analysis, Customer Analysis, Marketing Plan, Operations Plan, Management Team, Financial Plan and Appendix.
With regards to funding, the main sources of funding for a catering business are savings and/or credit cards of the business owner, bank loans and angel investors. With regards to bank loans, banks will want to review your business plan and gain confidence that you will be able to repay your loan and interest. To acquire this confidence, the loan officer will not only want to confirm that your financials are reasonable. But they will want to see a professional plan. Such a plan will give them the confidence that you can successfully and professionally operate a business.
The second most common form of funding for a catering business or cafe is angel investors. Angel investors are wealthy individuals who will write you a check. They will either take equity in return for their funding, or, like a bank, they will give you a loan. Venture capitalists will not fund a catering business. They might consider funding a catering company with multiple locations or a massive footprint, but never an individual location. This is because most venture capitalists are looking for millions of dollars in return when they make an investment, and an individual or small location could never achieve such results.