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Business Plan Success, Version 5.0

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100% Customizable, 31-page Business Plan Template in the standard format for Venture Capitalists, Lenders, and SBA Loans

Complete Fill-in-the-blank Financial Templates - All you do is fill in the blanks and the template creates all your financials for you!

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Sample Income Statement

Looking for Business Plan Software? Check out Business Plan Success

The income statement is a very common business financial report. Every business owner should be able to read, and understand, an income statement. Using the income statement and other financial statements, you can calculate ratios which will help you analyze the performance of your business. You will want to include a projected income statement in your business plan.

The income statement shows the revenue and expenses for a given period of time. Here is a sample income statement:



XYZ Corporation
Income Statement
For the year ended Dec. 31, 2008



Revenue

 

 

$1,000,000

Cost of goods

 

 

 

Beginning inventory

$40,000

 

 

Net purchases

150,000

 

 

Cost of goods available for sale

190,000

 

 

Less: ending inventory

(50,000)

 

 

Cost of goods sold

 

($140,000)

 

Gross margin

 

 

860,000

Expenses

 

 

 

Selling expenses

$150,000

 

 

General and administrative expenses

200,000

 

 

Total operating expenses

 

($350,000)

 

Income from operations

 

 

$510,000

Other revenue

 

 

 

Interest

$1,000

 

 

Dividends

500

 

 

Gain from sale of equipment

10,000

 

 

 

 

$11,500

 

 

 

 

$521,500

Other expenses

 

 

 

Interest

 

($21,500)

 

Income before taxes and extraordinary items

 

 

$500,000

Income tax expense

 

($165,000)

 

Income before extraordinary items

 

 

$335,000

Extra ordinary items

 

($35,000)

 

Net Income

 

 

$300,000

The Financial Templates from Business Plan Success make it easy to create an accurate income statement for your business plan.

Find out more about how Business Plan Success can create your business plan financial statements.


Included with your Business Plan Success 5.0 download:

  • 100% Customizable, 31-page Business Plan Template in the standard format for Venture Capitalists, Lenders, and SBA Loans
  • Complete Fill-in-the-blank Financial Templates - All you do is fill in the blanks and the template creates your Income Statement, Balance Sheet, Cash Flow Statement, & more
  • Colorful graphs and charts which can be easily added to improve your plan's appearance
  • Financial ratios compute automatically to help with your financial analysis
  • User's Guide with detailed instructions on using Business Plan Success & writing your business plan
  • Hard-to-find resources for researching information on competitors, industries, and customers
  • Directory of investor resources for putting your business plan to work & finding capital
  • New 2011 Version

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