Cash Flow Issues and Record-Keeping
- Understanding Your Cash Flow
- Determining Your Family's Income Needs
- Emergency Funds
- Business Cash Flow
- Record-Keeping
- Common Expenses to Keep Track Of
- Prepare Daily, Monthly, and Annual Records
- Profit and Loss Statement
- How Long to Keep Business Records
- Finding Someone to Do Your Paperwork
- Budgeting for Your First-Year Costs
Profit and Loss Statement
As stated in the previous section, the Profit and Loss Statement below can be printed and used as a guide to preparing your own profitability analysis.
Revenue (Income)
|
Sales/Service Income |
|
|
Other Income |
|
|
Total revenue |
Operating Expenses
|
Depreciation Expense |
|
|
Interest expense |
|
|
Payroll |
|
|
Rent/Mortgage |
|
|
Utilities |
|
|
Telephone and Internet |
|
|
Maintenance & repairs |
|
|
Insurance |
|
|
Supplies |
|
|
Advertising |
|
|
Taxes |
|
|
Other expenses
|
|
|
Total |
|
|
Net Profit (or Loss) |
Share Article:
FINRA SIPC
Securities and insurance products are offered through INFINEX INVESTMENTS INC. and its affiliates, member FINRA/SIPC. Infinex Investments Inc. and Exchange Investment Services, Inc. are independent entities.
Securities and insurance products are offered through INFINEX INVESTMENTS INC. and its affiliates, member FINRA/SIPC. Infinex Investments Inc. and Exchange Investment Services, Inc. are independent entities.
Not FDIC Insured | Not Bank Guaranteed | May Lose Value | Not Guaranteed by any Government Agency | Not a Bank Deposit
This site is designed for U.S. residents only. The services offered within this site are available exclusively through our U.S. registered representatives. Infinex Investments Inc. registered representatives may only conduct business with residents of the states for which they are properly registered. Please note that not all the investments and services mentioned are available in every state.
