Example Of A Small Business Profit And Loss Statement – We’ve put together a comprehensive list of small business profit and loss templates. Each template is free, printable, and downloadable and editable.
On this page, you’ll find a basic profit and loss template, a sample annual profit and loss statement, profit and loss statements, and profit and loss templates organized by type of small business.
Example Of A Small Business Profit And Loss Statement
This simple income statement template is available in a variety of formats and includes sections to calculate business income and expenses for a customizable time period. Examples of expenses include employee wages, office rent, utilities, insurance costs, supplies, and taxes. Use this template to create a detailed list of business expenses and view your total net income.
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Create a 12-month profit and loss statement that tracks month-to-month and year-to-date expenses and income. After you enter data into the spreadsheet, the template will calculate the results and generate graphs showing total revenue, total expenses, and profit or loss over time. This template includes sample lines with total small business expenses and sources of income. For added convenience, the spreadsheet separates expenses into categories such as employee wages, banking, overhead, car expenses, and taxes.
Use this template to create a pro forma income statement for annual financial projections or to complete an annual profit and loss analysis. To improve efficiency, this template includes sample data for small businesses, including gross sales, cost of sales, operating expenses, and net income before and after taxes.
This blank income statement allows you to record financial information for the year on a quarterly basis. The template layout is simple and intuitive, including sections to track income, expenses, and tax information. Include your company name, sources of income, discounts or other benefits, business expenses, and tax information. The template will automatically calculate the interim results and total net income.
Monitor your small business’s monthly profit and loss data with this dashboard template. Charts in the template show gross revenue, cost of goods sold, gross profit, gross expenses, earnings before interest and taxes (EBIT), and net income before and after taxes. Use this template to compare financial information from previous and current months and give stakeholders a snapshot of monthly income.
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Intended for independent contractors and other self-employed individuals, this income statement includes areas to record income from multiple clients, tax expenses, and business expenses. After entering revenue from each customer, the template subtracts expenses and taxes to calculate net profit. Use this list of sample expenses to tailor your income statement to your small business.
This template uses a basic income statement format to help you track your hotel’s income and expenses. Assign a reference number to each item and record all sources of income and expenses in the appropriate fields. With it, you can keep a close eye on all the profits and losses of your hotel or other hospitality business.
Use this template to track your daycare’s finances. Record income information such as tuition, monthly payments, and donations. Also, list expenses like food, art, toys, rent, utilities, and wages. The template automatically calculates the net profit or loss for the period you select.
Consolidate financial information for multiple rental properties into a single income statement. This comprehensive template includes sections to record property details, deposits received and rental income. List ongoing expenses, such as landscaping and property management fees, for each month of the year. Track one-time expenses separately with date, total amount paid and other details. Real estate agents can modify this template to create an income statement template for their small business.
Business Plan Financial Templates
This restaurant income statement provides examples of merchandise, labor costs, and other common sources of restaurant income and expenses. Total revenue sources include food and beverage and merchandise purchases, while total expenses include marketing costs, utilities, equipment maintenance, depreciation, administrative costs, and labor costs. For simplicity, the template breaks down labor costs into salaries, hourly wages, and employee benefits. The template also calculates total sales, gross profit, total expenses, and net income.
View monthly and yearly financials with this construction profit and loss chart. For each client or project, enter your monthly income and list business expenses such as labor, materials, equipment rental and waste fees. Add in extra costs, from advertising and professional memberships to car costs and buying small tools. This template automatically calculates monthly results and clearly displays profit and loss information for ease of use.
This profit and loss template includes the general merchandise and expenses of the barbershop. Determine the gross profit by adding the revenue from salon services, retail sales and rental income and subtracting the total cost of expenses. For clarity and accuracy, list all salon expenses, including marketing expenses, utilities, subscriptions, business licenses, insurance costs, and all other operating expenses. Download the Excel spreadsheet for automatically calculated totals or select the PDF form to perform the calculations manually.
Using a simple 12-month spreadsheet format, this template allows you to track the gross income and net income of your landscaping business. Include all revenue from landscaping customers along with business expenses such as labor, fuel, equipment rentals, tools, vehicle costs, and advertising costs. This template calculates interim results and net profit or loss for each month and year.
How To Use Balance And Income Statements For Your Business
, the profit and loss template calculates the profit or loss of a business by subtracting costs and expenses from revenues.
Small business owners can use income statements to measure business performance monthly, quarterly, or annually. Along with other financial documents such as balance sheets and cash flow statements, the income statement template helps facilitate accurate financial tracking and forecast future business performance.
Visit our tutorial to learn how to create a profit and loss statement in Excel with step-by-step instructions.
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