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Business Finance – Accounting

  • Business Finance – AccountingPart 5: Financials (Topic 6)A projected financial statement analysis seeks to forecast the impact of various implementation decisions. The pro forma financial statement can be part of the risk analysis of strategic plan. The goal of this assignment is to ensure your strategic plan is viable financially. In other words, does it create value for the firm?

    Consider the cost structure and revenue streams for your strategic initiative plan. Research and data collected so far and will likely change once your product or service is commercialized. Each statement should address financial components of features, expenses, and sales of your product or service. It is typical for net income to be negative at this point. Do not assume that you have sales at this point unless you have sold your product or service.

    Research the following if your plan is entrepreneurial:

    1. Balance sheet
    2. Income statement
    3. Statement of cash flow
    4. Fixed and variable expenses
    5. Startup expenses
    6. Breakeven analysis

    Research the following if your plan is a market expansion plan for an existing organization, or a mergers and acquisitions plan:

    1. Balance sheet
    2. Income statement
    3. Statement of cash flow
    4. Fixed and variable expenses
    5. A projected budget
    6. Breakeven analysis

    Complete the “Projected Financial Statement Analysis (Pro Forma 3-Year Financial Plan)”including the “Questions” tab, “12 Month P& L” tab, “Year 1” tab, “Year 2 P&L” tab, and “Year 3 P&L” tab. The first year is monthly and the second and third year are presented quarterly. Please note the questions in the “Questions” tab may be answered at different points in completing the Profit and Loss information.

    This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

    Questions

    Questions Response Additional considerations
    What is the vital financial information needed to determine the viability of your plan ?
    What ratios will you use to determine if the proposed plan is a success?
    What other, nonfinancial, information did you use to put your plan together?
    Consider the assumptions made when completing Part 3. What assumptions are made? List the assumptions that you used to formulate this plan.
    Discuss the financial results from your Pro Forma projections. Include the net income results, breakeven analysis, and required expenses to commercialize your product or service.
    Explain how you would determine your pricing model. What seems most appropriate for your business and industry in which you will compete?
    Identify your cost structure. Is your business model cost-driven or value driven? Justify your selection.
    Review your decision for a revenue model. Based on the financial statements, will this model generate a profit? Provide evidence to prove it.
    Where are you getting capital to meet your strategic initiative? What terms will be most likely deemed acceptable?
    Did you have to reevaluate (go back) why?

    &”Verdana,Bold”Projected Financial Statment Analysis (3-Year Financial Plan).

    12month P&L,Yr 1

    Profit and Loss Statement
    Instructions
    Give careful thought to the headings.
    Expand the sales income and expenses area if your business has distinct categories (e.g. a restaurant may have food sales and beverage sales listed separately and cost of sales for each also separated).
    Month One Two Three Four Five Six Seven Eight Nine Ten Eleven Twelve
    Income
    Sales
    Sale of goods/services $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Sundry Income (e.g. Commission earned, frachise fees etc.) $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Etc. $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Sales $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Less Discounts/Commissions
    Sales Discounts given $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Sales Commissions paid $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Discounts/ Commissions $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Net Income $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Cost of Sales
    Opening Stock $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Stock Purchased $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Less Closing Stock $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Cost of Sales $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Gross Profit $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Expenses
    General & Administrative
    Bank charges $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Credit card commission $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Consultant fees $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Office Supplies $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    License fees $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Business insurance $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Etc. $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total General & Administrative $ 12.00 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Marketing & Promotional
    Advertising $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Promotion – General $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Promotion – Other $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Etc. $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Marketing & Promotional $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Operating Expenses
    Newspapers & magazines $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Parking/Taxis/Tolls $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Entertainment/Meals $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Travel/Accomodation $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Laundry/dry cleaning $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Cleaning & cleaning products $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Sundry supplies $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Equipment hire $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Etc. $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Operating Expenses $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Motor Vehicle Expenses
    Fuel $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Vehicle service costs $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Tyres & other replacement costs $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Insurance $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Registrations $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Motor Vehicle Expenses $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Website Expenses
    Domain name registration $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Hosting expenses $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    etc $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Website Expenses $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Employment Expenses
    Permanent $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Salaries/Wages $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    PAYE $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Superannuation $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Other – Employee Benefits $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Recruitment costs $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Perm. Employment Expenses $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Casual
    Salaries/Wages $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    PAYE $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Superannuation $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Other – Employee Benefits $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Recruitment costs $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Casual Employment Expenses $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Workcover Insurance $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Employment Expenses $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Occupancy Costs
    Electricity/Gas $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Telephones $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Property Insurance $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Rates $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Rent $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Repair & maintenance $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Waste removal $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Water $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Etc. $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Occupancy Costs $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Other Expenses
    Add an expense description here $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Add an expense description here $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Add an expense description here $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Add an expense description here $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Add an expense description here $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Add an expense description here $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Add an expense description here $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Other Expenses $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Expenses $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Month Net Profit / (Loss) $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Year to Date Net Profit / (Loss) $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0 $ – 0

    Year 2 P&L

    Profit and Loss Statement
    Instructions
    Give careful thought to the headings.
    Expand the sales income and expenses area if your business has distinct categories (e.g. a restaurant may have food sales and beverage sales listed separately and cost of sales for each also separated).
    Quarter One Two Three Four Annual total
    Income
    Sales
    Sale of goods/services $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Sundry Income (e.g. Commission earned, frachise fees etc.) $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Etc. $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Sales $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Less Discounts/Commissions
    Sales Discounts given $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Sales Commissions paid $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Discounts/ Commissions $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Net Income $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Cost of Sales
    Opening Stock $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Stock Purchased $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Less Closing Stock $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Cost of Sales $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Gross Profit $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Expenses
    General & Administrative
    Bank charges $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Credit card commission $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Consultant fees $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Office Supplies $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    License fees $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Business insurance $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Etc. $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total General & Administrative $ 12.00 $ – 0 $ – 0 $ – 0 $ – 0
    Marketing & Promotional
    Advertising $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Promotion – General $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Promotion – Other $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Etc. $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Marketing & Promotional $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Operating Expenses
    Newspapers & magazines $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Parking/Taxis/Tolls $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Entertainment/Meals $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Travel/Accomodation $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Laundry/dry cleaning $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Cleaning & cleaning products $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Sundry supplies $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Equipment hire $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Etc. $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Operating Expenses $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Motor Vehicle Expenses
    Fuel $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Vehicle service costs $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Tyres & other replacement costs $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Insurance $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Registrations $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Motor Vehicle Expenses $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Website Expenses
    Domain name registration $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Hosting expenses $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    etc $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Website Expenses $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Employment Expenses
    Permanent $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Salaries/Wages $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    PAYE $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Superannuation $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Other – Employee Benefits $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Recruitment costs $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Perm. Employment Expenses $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Casual
    Salaries/Wages $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    PAYE $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Superannuation $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Other – Employee Benefits $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Recruitment costs $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Casual Employment Expenses $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Workcover Insurance $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Employment Expenses $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Occupancy Costs
    Electricity/Gas $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Telephones $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Property Insurance $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Rates $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Rent $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Repair & maintenance $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Waste removal $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Water $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Etc. $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Occupancy Costs $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Other Expenses
    Add an expense description here $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Add an expense description here $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Add an expense description here $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Add an expense description here $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Add an expense description here $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Add an expense description here $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Add an expense description here $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Other Expenses $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Expenses $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Month Net Profit / (Loss) $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Year to Date Net Profit / (Loss) $ – 0 $ – 0 $ – 0 $ – 0 $ – 0

    Year 3 P&L

    Profit and Loss Statement
    Instructions
    Give careful thought to the headings.
    Expand the sales income and expenses area if your business has distinct categories (e.g. a restaurant may have food sales and beverage sales listed separately and cost of sales for each also separated).
    Quarter One Two Three Four Annual total
    Income
    Sales
    Sale of goods/services $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Sundry Income (e.g. Commission earned, frachise fees etc.) $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Etc. $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Sales $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Less Discounts/Commissions
    Sales Discounts given $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Sales Commissions paid $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Discounts/ Commissions $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Net Income $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Cost of Sales
    Opening Stock $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Stock Purchased $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Less Closing Stock $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Cost of Sales $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Gross Profit $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Expenses
    General & Administrative
    Bank charges $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Credit card commission $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Consultant fees $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Office Supplies $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    License fees $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Business insurance $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Etc. $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total General & Administrative $ 12.00 $ – 0 $ – 0 $ – 0 $ – 0
    Marketing & Promotional
    Advertising $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Promotion – General $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Promotion – Other $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Etc. $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Marketing & Promotional $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Operating Expenses
    Newspapers & magazines $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Parking/Taxis/Tolls $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Entertainment/Meals $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Travel/Accomodation $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Laundry/dry cleaning $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Cleaning & cleaning products $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Sundry supplies $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Equipment hire $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Etc. $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Operating Expenses $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Motor Vehicle Expenses
    Fuel $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Vehicle service costs $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Tyres & other replacement costs $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Insurance $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Registrations $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Motor Vehicle Expenses $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Website Expenses
    Domain name registration $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Hosting expenses $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    etc $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Website Expenses $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Employment Expenses
    Permanent $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Salaries/Wages $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    PAYE $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Superannuation $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Other – Employee Benefits $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Recruitment costs $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Perm. Employment Expenses $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Casual
    Salaries/Wages $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    PAYE $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Superannuation $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Other – Employee Benefits $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Recruitment costs $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Casual Employment Expenses $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Workcover Insurance $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Employment Expenses $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Occupancy Costs
    Electricity/Gas $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Telephones $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Property Insurance $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Rates $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Rent $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Repair & maintenance $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Waste removal $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Water $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Etc. $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Occupancy Costs $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Other Expenses
    Add an expense description here $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Add an expense description here $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Add an expense description here $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Add an expense description here $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Add an expense description here $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Add an expense description here $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Add an expense description here $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Other Expenses $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Expenses $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Month Net Profit / (Loss) $ – 0 $ – 0 $ – 0 $ – 0 $ – 0
    Total Year to Date Net Profit / (Loss) $ – 0 $ – 0 $ – 0 $ – 0 $ – 0

 

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