These are costs that may seem marginal at first, but as your business scales, it's going to add up very quickly. But what about the electricity you're using to operate the hand-mixers and packaging equipment? Has your water bill been a little higher since you started using several extra gallons a day to make the dough? If you're making frozen pizzas, for instance, maybe you've included all the ingredients and the cost of packaging. This will tell you what your profit margins look like.Ī common mistake when people make a food costing template is to overlook certain expenses. You're just adding up the costs in one column, and then subtracting that from the sale price in the next. But the basic factors will always be the same. The specifics of your food costing sheet will be determined by the specifics of your business: what you're selling, your expenses, and so on. You can download a free recipe costing spreadsheet, or make one yourself, if you're handy with the program. Free Recipe Costing SpreadsheetĪ simple way to get started is by laying out a food costing spreadsheet in Excel. That's where bakery recipe costing software and menu planning and costing software come into play. But to achieve that dream, you need a plan. The dream is to turn your homemade foods into a thriving business. For now, an app like Food Cost Profiler or iPro Food Cost Software can help you to operate more efficiently so that your business can flourish and grow. Maybe someday you'll have a whole team of analysts and advisors to help you improve your profit margins and bring production costs down. You can think of food and beverage cost control software as an automated accountant. Without food cost software you might be pulling in a thousand dollars a week, but spending nine hundred, and that's not going to justify the time it takes you to make, market, pack, sell, and ship your product. You might only be making a few sales a week, so recipe costing is just a matter of doing a little addition and subtraction and making sure you're not selling at a loss.Īs your business scales, food costing software isn't just helpful, it's critical to your long-term success. When you're just starting out with a homemade food business, it's easy enough to do the math in your head or on a piece of paper.
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