Dog Daycare Business Profit Forecasting Excel Spreadsheet
Last Updated: February 24, 2022 • Visit Blog Homepage
It's super simple to use. Here's how:
Step 1: Fill in the financial assumptions fields. These are your guestimates about how much you'll pay for rent, utilities, marketing, etc during the course of a year.
Step 2: Once you've filled in your business financial assumptions, you'll need to guestimate your monthly employee hours. If you're not employing anyone, you can put $0, but if you're going to have an employee or employees, then payroll will be one of your main expenses.
Step 3: Fill in the business startup cost cell in C32. This is the amount of money that it will cost to build and open your business. There's always going to be supply purchases to get a business going and this is where you put those one-time fees.
Step 4: Play around with the different values in the yellow boxes to get a feel for how you can adjust your profitability. Maybe you want to charge a little bit more for daily daycare and try to find a place that charges a little bit less in rent. Remember, all values in the yellow boxes can be changed.
Step 5: When your yearly net profit goes from red to green it means you've paid off all your expenses and you're starting to turn a pure profit!
This spreadsheet was built for businesses that only do dog daycare. If you're planning on doing overnight boarding as well as doggie daycare, take a look at the Dog Daycare & Boarding Income Forecasting Spreadsheet.
If you're only doing overnight boarding and not providing daycare dog daycare, then you'll want to use the Overnight Boarding Kennel Income Forecasting Spreadsheet.
Lastly, if you're an up and coming pet groomer and you're curious about what kind of profits you'll be making in the future, check out the Pet Groomer Income Forecasting Spreadsheet.
Here's a YouTube video showing how to use the dog daycare forecasting spreadsheet.
Screenshot & Download Instructions for the Dog Daycare Financial Forecasting Spreadsheet
To download the spreadsheet and start using it, visit: https://docs.google.com/spreadsheets/d/1RhQlVm3N0EcxIL_b8Y80ikIoVAh8WWv_Ze6a8Sres8k/edit?usp=sharing
You'll need to click "FILE" and then "DOWNLOAD" to save it to your computer and get started. The online file is edit-protected so you'll need to download a copy to use on your own computer or Google Sheets account.
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