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Free Restaurant Budget Template
Optimize your restaurant’s budget with this free template
- Compare how your actual expenses compare to your budget
- Spotlight areas to adjust to meet your budget
- Customize your template to match your restaurant
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Restaurant Budget Template.xlsx
How to use your restaurant budget template
Here’s how to make the most of the free budget Excel template.
1. Starting with the first category, add in the expected cost for each category.
2. Throughout the month, add in the actual costs of each category.
3. Calculate the total actual costs and estimated costs at the end of the month to see if you are under budget.
4. Make adjustments as necessary.
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What is the restaurant budget template?
A restaurant budget template will help you understand your businesses basic spending plan for the potential income and expenses. It will help you get an understanding of the basic financial health of the restaurant or bar, and help you predict future profits.
What is included in the budget template?
This template includes separate calculations for your actual spend versus your projections all in one easy-to-use, customizable Excel sheet. There are sections for utilities, marketing, labor costs & wages, repairs and maintenance, technology and more!
The template is just the beginning
A powerful team management platform like 7shifts can help you keep track of costs, unlock efficiencies, and make your restaurant thrive.
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How does this free template stack up to 7shifts?
Compare how functionality of this Excel sheet against a robust team management platform like 7shifts.
Budget Template | ||
Customizable to your restaurant | ||
Free | ||
Sharable with your team | ||
POS Integration for automatic sales tracking | ||
Robust labor, sales, and compliance reports | ||
Easy schedule builder | ||
Free mobile apps | ||
Communication tools (chat, announcement) | ||
Online manager log book | ||
Labor budgeting tool | ||
Labor compliance tools | ||
“It is SO easy to use. It is intimidating at first familiarizing yourself with the platform but after a few minutes it feels so natural using it. I used to do all of my scheduling on an excel spreadsheet. It would take two or three times as long as it takes me now on 7shifts.”
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Eddie Cuellar
Restaurant owner, Tower Burger
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“I was originally drawn to 7shifts because of their simple and easy interface for scheduling, but when I found out they also did payroll, it was a no-brainer. My employees onboarded via the 7shifts mobile app in 10 minutes and I'm already saving hours of time when it comes to processing payroll. Total game changer.”
Fahad Hanif
Owner/Operator, Halal Guys
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“If you're a restaurant professional, this is a mandate. If this is a hobby for you, by all means, use something else. Use Excel, use post-it notes if you write it down. But if you're a professional and this is your career and your actual goal is to earn profit for your business, then there's no viable solution or anything that would make sense other than this. There just isn't.”
Mike Bausch
Owner, Andolini's
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