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The figure shows the company s annual revenues costs and profits for the most recent year as well as for the previous year.
Income statement example business plan. The balance sheet and the income statement are two of the three major financial statements that. Every time a company records a sale or an expense for bookkeeping purposes both the balance sheet and the income statement are affected by the transaction. An income statement summarizes your revenue and costs and shows your net profit in your business plan. Projected income statement abc cleaners.
By examining a sample balance sheet and income statement small businesses can better understand the relationship between the two reports. Just choose a business plan template and download it. Search for small business for matching templates. Each free business plan template is available in microsoft word doc format and many of the business plan forms are available in excel xls format as well.
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