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Boutique Hotel Financial Model/Business Plan Excel Template
Pitch Deck Template For PowerPoint, Keynote & Google Slides
Business Plan Guide and Business Plan Template in MS Word Format
Financial Dashboard in Excel To Track Your Business Performance
BUSINESS PLAN FOR BOUTIQUE HOTEL INFO
Generates 5-year Boutique Hotel 3 Way Financial Model Template, business cash flow forecast, financial dashboard, and core metrics in GAAP/IFRS formats automatically. Use Boutique Hotel 3 Way Financial Model before acquiring Boutique Hotel business, and get funded by banks or investors. Unlocked - edit all.
Boutique Hotel Excel Financial Model allows you to start planning with minimum fuss and maximum of help. No writing formulas, no formatting, no programming, no charting, and no expensive external consultants. Plan the growth of your business instead of fiddling around with expensive techy things.
The Startup Boutique Hotel Business Plan Financial Template is a highly adaptable and user-friendly Excel model for preparing a 3 statement (pro forma profit and loss statement, projected balance sheet for startup business, and cash flow projections template excel) financial projection for a new or existing business providing various Boutique Hotel services.
The Boutique Hotel Cash Flow Format In Excel excel Boutique Hotel designed by our team allows the user to forecast revenue and expenses of a startup or existing business for up to 60 months; additionally, it includes three financial statements (pro forma income statement, cash flow analysis excel, projected balance sheet template) on a monthly and annual basis. And it also includes sales analysis, feasibility matrices, diagnostic tools. It also provides financing options analysis for the project, including equity funding from investors.
This Boutique Hotel Cash Flow Format In Excel has a complete business financial plan for all the kind of Boutique Hotel shops of any size or belongs to any phase. This model has all the powerful tools required to plan, operate, and create a successful small Boutique Hotel or huge Boutique Hotel business. This model’s advantage is that you will not need to have any professional finance knowledge or technical skills. Everyone belongs to any background can work with it.
BOUTIQUE HOTEL FINANCIAL MODEL
Many VIPs and celebrities prefer comfortable living in boutique hotel apartments instead of crowded large hotel chains. With their unique design and themed constructions, boutique hotels are getting popular day by day among business people, showbiz stars and sportspeople. Confidentiality, first-class personalized services, and the unique number of rooms may be some of the reasons, but undoubtedly these are affordable ADR hotels.
Every day growing boutique hotel business is a great opportunity for investors and entrepreneurs. However, before starting this fertile business niche, you must know the cost of starting a hotel, how to start a boutique hotel business, how much does it cost to build a small hotel, how to calculate room rates in hotels, and how much does a 5-star boutique hotel make a year?
Our Boutique Hotel Financial Plan is the best answer to all these questions. It not only helps you starting a boutique hotel business and guides you on how to run a boutique hotel business successfully but its boutique hotel expenses accounting templates helps you manipulate boutique hotel revenue sources properly. Let us discover some of the core features of our boutique hotel financial model.
ALL-IN-ONE DASHBOARD BOUTIQUE HOTEL PRO FORMA
The Boutique Hotel Financial Model consists of many reports and input templates; the Dashboard tab is one of those powerful templates that help you input data and reflect your hotel business's core financials. The major components of this all-in-one dashboard are Core Inputs, Core Financials, Debt assumptions, Working Capital Assumptions, and some very useful charts like Revenue breakdown, Profitability, Cash Flow and Cumulative Cash Flow are there to give you a quick overview of your Boutique Hotel Financial Plan. Let us discover these one by one.
CORE INPUTS OF THE BOUTIQUE HOTEL STRATEGIC PLAN
The Core Inputs template of the Boutique Hotel financial plan helps you input the five-year forecast assumptions. It also helps you get a five-year forecast for room occupancy and calculate the Revenue using the occupancy rate formula, REVPAR formula, average room revenue formula, or room revenue formula. Below is the breakdown of this template for various inputs.
- Available Rooms Per Day Annually
This template helps you enter the assumptions for the total number of available rooms annually. You can add various assumptions for the number of rooms for each year.
- Rate Per Room (ADR)
One of the main assumptions in the boutique hotel business is the Average Daily Rates. You can use any average daily rate formula as assumptions for a five-year forecast or simply input the specific figures as assumptions. In addition, the template offers you an ADR formula of your own choice for Weekdays, Weekend and Fri-Sat intervals for more flexibility.
- Events Per Year
If you have some events in your boutique hotel, you can enter the number of those events in this template to assume detailed calculations.
- Revenue Per Event
Once you enter the total number of events per year, you must input the rate assumption for each event. The Boutique Hotel Financial Model will use these inputs to calculate the total revenue generated by events for a whole year.
- Other Revenues Per Year
Some boutique hotels offer bars and restaurants to their customers. In this case, you can also input the Revenue generated by these sources. Enter the five-year assumptions for annual revenue generation from Bar and Restaurant separately.
- COGS by Year
COGS are the basic input for calculating the boutique hotel profit margin. In the boutique hotel business, the COGS measures in terms of Rooms, Events, Bar and Restaurants. That is why Boutique Hotel Financial Model provides you with this template to enter the percentage to total annual Revenue for each component separately.
Enter the specific percentage as per your assumption, or use any growth formula to determine annual growth.
BOUTIQUE HOTEL FEASIBILITY STUDY CORE FINANCIALS
The core financial template of the Boutique Hotel Financial Model reflects five-year forecasting about various core financials depending upon your assumptions. Year-wise forecasting involves Revenue, COGS, Salaries & Wages, Fixed & Variable expenses, Net expenses, Depreciation and Tax expenses. Besides these, it also provides the calculated forecast for Gross Margin, Net margin, EBITDA, EBIT, Net profit before & after Tax and the Cash in hand. In addition, the all in one dashboard display many of these components in graphical form for a quick overview of the business efficiency.
DEBT ASSUMPTIONS FOR THE BOUTIQUE HOTEL BUSINESS STRATEGY
A boutique hotel startup business plan requires a perfect boutique hotel feasibility study depending upon the debt assumptions. For this purpose, Boutique Hotel Financial Model is equipped with this detailed debt assumption template.
- The Loan name column requires the name of each loan, so select the name of the loan and input it in the first column.
- Enter the amount of each loan in the Amount column in dollars.
- The repayment schedule requires the starting date of each loan, so select the starting date of each loan from the drop-down list in the Launch column.
- Enter the total duration of each loan in months to schedule the repayments in the Term column.
- The most important for each loan is the interest rate you have to mention in the Interest percentage column.
- At last, you have to select the type of each loan for scheduling the repayments, whether it's a Usual loan or an Annuity loan.
- The grants are the monetary form of help to meet the typical boutique hotel operating expenses, so it does not need to repay. So, for Grants, you have to enter the amount of the Grant and its date of infusion in your business.
The debt Assumption template not only records every loan and Grant with all details but track the repayments reflecting in the cash statement, income statement and balance sheet, as shown below.
BOUTIQUE HOTEL REVENUE & PROFITABILITY CHARTS
The revenue sources of the boutique hotel are Rooms, Events, Bar and Restaurants. The revenue breakdown chart provides you with a quick overview of the Revenue generated by your boutique hotel. Whereas the Profitability chart reflects how much do boutique hotel owners make and how do boutique hotels make money. The comparison of total Revenue generated and EBITDA provides you with a quick overview of your business profitability in terms of EBITDA percentage.
BOUTIQUE HOTEL BUSINESS MODEL CASH FLOW & CUMULATIVE CASH FLOW CHARTS
The cash flow chart reflects a five-year forecast for the cash flow regarding Operating, Investing and Financing cash flow. The cumulative cash flow chart represents the graphical overview of the five-year forecasting about the cash flow and cash balance.
SEASONALITY SETUP INSIDE BOUTIQUE HOTEL BUDGET TEMPLATE
Like other business setups, the boutique hotel business has some seasons for more income. You can set up the seasonality factors for each month as per your assumptions.
- Rooms Occupancy Seasonality Assumptions
Our business plan for boutique hotel provides you with the template to set the seasonality factor for room occupancy. In the vacation season, the room occupancy is higher than in other months. You can set up a seasonality factor for Midweek days, Weekend or Fri-Sat intervals for each month.
- Events Seasonality Assumptions
You can set the seasonality factor if you have Events in your boutique hotel. For events seasonality assumptions, you can set any month.
- Other Revenue Seasonality Assumptions
If you have a Bar or Restaurant facility in your boutique hotel, you can set up the seasonality assumptions for these revenue sources. For your convenience, you have the Check button on the right side that will turn RED if the percentage does not equal 100.
BOUTIQUE HOTEL VARIABLE EXPENSES TAB
The variable expenses tab in Boutique Hotel Financial Model allows you to input up to six variable expenses as a percentage of total revenue based on your assumptions. First, select the expense head and input it in the category’s column. Then, in the variable expense column, enter the percentage as of total Revenue. You will instantly get the five-year month-wise forecast for your variable expense at the bottom.
FIXED EXPENSES TAB INSIDE THE BOUTIQUE HOTEL STARTUP BUSINESS PLAN
The Boutique Hotel Financial Plan offers you the template to accommodate your fixed expenses as well. You can handle up to 15 expenses headed using this table. In addition, you can adjust the yearly growth rate for each expense to get a five-year forecast.
- Select the expense head and enter the name in the category’s column.
- Select the starting date of each expense from the Launch date column.
- Input the finishing date of each expense from the End date column.
- You can select One time, Daily, Weekly, Bi-Weekly, Monthly, Quarterly, Semi-annually or Yearly from the Periodicity column.
- In the Spending column, enter the total amount spend for each expense.
- In the yearly expense growth rate table, enter the specific growth rate or use some growth formula to adjust the growth assumptions.
On the right side, you get the five-year forecast about the yearly growth rate multiples and at the bottom five-year month-wise forecast for each of the expenses.
BOUTIQUE HOTEL BUDGETING AND FORECASTING TEMPLATE INCLUDE A SALARIES TAB
The powerful Wages tab in the Boutique Hotel Financial Plan allows you to handle up to 19 various heads for salaries and wages. Besides, you can handle a number of employees, Annual salaries raise, Monthly bonuses and Tax rates for each employee.
- Select the categories head and enter in the category’s column.
- The Hire column means the starting date of the job by your employee.
- The fire column requires the job end date for each employee, please select it from the drop-down list.
- In the annual Salary column, enter the annual salary of each employee in dollars.
This table allows you to enter the five-year assumptions for the number of employees each year you will need for your business. Then, input the numbers for each employee's head in the respective rows for each year.
This template allows you to input the annual salary raise for each employee along with monthly bonuses and tax rates. Once you input these assumptions in respective tables, you get the calculated five-year forecasts as shown below.
- Annual Base Salaries
- Total Staff Numbers
- Monthly Base Salaries
- Monthly Bonuses
BREAK-EVEN ANALYSIS TAB AS A PART OF BOUTIQUE HOTEL PRO FORMA TEMPLATE
The Break-Even tab in Boutique Hotel Financial Model provides you with a five-year forecast about the financial parameters that can decide whether the business is profitable or not. For example, if the Net profit after tax is greater than the Break-Even Levels, then the company is profitable. With this forecast, you can estimate the company worth whether you are buying or selling this business. For a quick view, you have the graphical representation of this forecast as below.
BOUTIQUE HOTEL FINANCIAL CHARTS
The financial charts are the powerful graphical representation of various core financial reports that helps you understand the business status at one glance.
These charts include:
- Revenue Breakdown 24 Months & 5 Years Chart
It represents the individual Revenue generated by Rooms, Events, Bar and Restaurant for the first 24 months, along with a 5-year forecast.
- Operating Cash Flow For 24 Months And 5 Years
These charts represent the Cash Inflow and Outflow forecast month wise for 24 months and quarterly for five years.
- Cash Balance For 24 Months & 5 Years Chart
These charts reflect the cash balance forecast for the first 24 months and quarterly for the whole five years.
- EBITDA for 24 Months & 5 Years Chart
This chart reflects the comparison of Revenue, Cogs and EBITDA month wise for 24 months and quarterly for five years.
- EBIT for 24 Months & 5 Years Chart
The earnings before Interest and taxes is reflected in this forecast chart. Twenty-four months chart is reflected month-wise, while for five years forecast, it is displayed quarterly.
SMALL BOUTIQUE HOTEL BUSINESS PLAN INCLUDES A VALUATION TAB
The valuation tab in the Boutique Hotel Financial Model allows you to calculate the company values based on various parameters that you have already set. Here you can adjust the Equity and the Terminal Valuation Methods. You have two options, whether you can select EBITDA x or Revenue x method. Once you input these two parameters, you get the calculated forecast about the Terminal value at the bottom.
BOUTIQUE HOTEL BUSINESS PLAN TEMPLATE INCLUDES A BENCHMARK KPIs TAB
The Benchmark KPIs tab in the Boutique Hotel Financial Model allows you to compare industry KPIs versus smaller KPIs. Also, you can set your local market parameters to compare KPIs.
- Input the share of Gross margin to Revenue in the market in the Gross margin row.
- The Profit margin row requires the share of profit margin to the Revenue in your local market.
- You can set the rooms revenue formula or REVPAR formula in the Revenue Per Available Rooms row.
- In the Occupancy rate row, enter the value using the occupancy rate formula.
- In the last row, enter the Gross Margin percentage to Revenue as per your local market share.
Once you input these assumptions, you get the five-year forecast in a graphical form reflecting industry KPIs versus local market KPIs.
Core Features of Boutique Hotel Financial Model
- Excel templates for boutique hotel business.
- No formula writing, no formatting, no charting, everything is ready to use.
- Well tested and yearly proven Excel-based boutique hotel business plan to fit all your needs.
- Boutique hotel business plan templates are free to expand, and advanced users can tailor as per their needs.
- There is no need for expansive financial consultants; boutique hotel budgeting and forecasting templates are there to accomplish your task in few clicks.
- The Boutique Hotel Business Model allows you to accommodate Bar and Restaurant features to enhance your boutique hotel business profit.
- You can model your cash flow before any expansion using the boutique hotel pro forma.
Why Should Buy Boutique Hotel Financial Model?
- Immediate Download
Once you purchase a business plan for a boutique hotel, the download link is immediately emailed to your Inbox. So, you can download and start using a boutique hotel cost analysis spreadsheet.
- Lifetime Updates
While using the business plan boutique hotel, you need not worry about the updates. Every update will be Email directly into your Inbox without any delay.
- No Monthly Installments or Hidden Charges
- Focused on Your Assumptions
Unlike other boutique hotel software available in the market with only preset templates, the excel templates for boutique hotel businesses are fully customizable as per your assumptions. So, you can use unlimited “What If” scenarios to get five years forecast.
- Boutique Hotel Business Ideas
The boutique hotel strategic plan helps you to calculate average boutique hotel profit margin, boutique hotel business profit margin, boutique hotel cost structure, boutique hotel expenses as a percentage of Revenue, boutique hotel operating costs breakdown, boutique hotel operating expense ratio, boutique hotel operating expenses per room, boutique hotel room cost breakdown, and boutique hotel profit and loss statement.
BOUTIQUE HOTEL BUDGET TEMPLATE KEY FEATURES
Saves you time
Allows you to spend less time on business plan cash flow forecast and more time on your products, customers and business development
Generate growth inspiration
By running various scenarios and looking at the effects they could have on your cash balance, you will begin to see which options are best for your business. Ones that are possible, and what is involved in making them work. Organic growth isn't the only option - there are growing funding options becoming available, and pro forma cash flow projection could be a way of looking at the impact an injection of cash could have on your business and its growth plans.
Graphical visualization in a convenient dashboard all in one
All necessary reports and calculations, including variable data for your easement, are displayed on a convenient Budget Spreadsheet dashboard tab. You do not need to move between sheets to compare important data - everything is visible immediately.
Prove You Can Pay Back the Loan You Requested
When you apply for a business loan, bankers will study your pro forma cash flow statement template in an attempt to answer this question: Can this business pay back the loan? Requesting a loan without showing your 5 year cash flow projection template for paying it back is a common way to land in the rejection pile. It is exceptionally accurate if your current cash flow won't cover all of your monthly operating expenses — plus your loan payment. Don't fall into this kind of situation. Use cash flow model template to strengthen your case by showing the banker exactly how you plan to use the loan and when you will start repaying the debt. This type of forecasting helps you create a road map that can impress a lender with the confidence they need to approve your loan.
Great Value for Money
Use a robust and proven Boutique Hotel Financial Projection Excel based on years of experience at an affordable price. This Startup Costs Template has a one-off payment and absolutely no hidden fees or monthly payments.
BOUTIQUE HOTEL EXCEL FINANCIAL MODEL ADVANTAGES
Gain Trust From Stakeholders With Startup Budget
Get Investors To Notice With Boutique Hotel Startup Costs Spreadsheet
Financial Model Excel Keeps Track Of Your Spending And Staying Within Budget
3 Way Financial Model Allows To See And Compare Business Expenses And Income For Periods
Budgeting And Forecasting Enables You To Project Forward How Much Cash You'Ll Have