Start-Up Business Plan:

Key Business Documents

Profit Loss Statement (Income Statement)

 

 

Business Name: ____________________

Beginning: ____________________                   Ending: ____________________

INCOME

 

 

1. Sales revenues

 

2. Cost of goods sold (c - d)

 

a. Beginning inventory (1/01)

 

b. Purchases

 

c. Cost of goods avail. sale (a + b)

 

d. Less ending inventory (12/31)

 

3. Gross profit on sales (1 - 2)

 

 

 

 

EXPENSES

 

 

1. Variable (selling) (a through h)

 

a.

 

b.

 

c.

 

d.

 

e.

 

f.

 

g. Misc. variable (selling) expense

 

h. Depreciation (product/service assets)

 

 

 

2. Fixed (administrative) (a through h)

 

a.

 

b.

 

c.

 

d.

 

e.

 

f.

 

g. Misc. fixed (administrative) expense

 

h. Depreciation (office equipment)

 

 

 

Total operating expenses (1 + 2)

 

 

 

 

Net income from operations (GP - Exp)

 

Other income (interest income)

 

Other expense (interest expense)

 

Net profit (loss) before taxes

 

Taxes

 

 

a. Central government

b. State

c. Local

 

 

 

NET PROFIT (LOSS) AFTER TAXES

 

 

Venture Financing Funnel

Venture Financing: Key Documents To Be Prepared