FINANCING A BUSINESS SAMPLE PROFIT AND LOSS STATEMENT
When you are seeking financing for your small business, it is a good idea to provide your potential lender with financial statements for your business, including a profit and loss statement. This information will help your lender evaluate your loan application. The following form contains information generally tracked in a profit and loss statement.
Income Total net sales Costs of sales Gross profit Expenses Fixed Expenses Rent Utilities Equipment leases Depreciation Insurance License/permits Loan payments Miscellaneous Total Fixed Expenses $__________ $__________ $__________ $__________ $__________ $__________ $__________ $__________ $__________ $__________ $__________ $__________
Controllable Expenses Salaries/wages Payroll expenses Supplies Advertising Dues/subscriptions/fees Legal and accounting Repairs/maintenance Total Controllable Expenses Total Expenses Net profit (Loss) Before taxes Taxes Net Profit (Loss) After Taxes $__________ $__________ $__________ $__________ $__________ $__________ $__________ $__________ $__________ $__________ $__________ $__________ $__________