Your Business Planner Template Page 22
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25BUSINESS INCOME STATEMENT
3.2
An income statement outlines your revenue, expenses and profits over a defined period. If you are in the process
of beginning your business, please estimate these on a quarterly basis. If your business is already established,
please attach income statements for the previous three years, or alternatively, fill in the statement below for the
past three years.
Q1 or
Q2 or
Q3 or
Q4 or
Annual Totals
Year 20
Year 20
Year 20
Year 20
(if applicable)
0
Sales
$
$
$
$
$
0
Minus: Cost of goods sold
0
0
0
0
0
Gross Profit Margin
$
$
$
$
$
0
Minus: Selling expenses
$
$
$
$
$
0
Minus: Office expenses
0
Minus: Payroll expenses
0
Minus: Interest expenses
0
Minus: General expenses
0
Total operating expenses
$
$
$
$
$
0
0
0
0
0
Operating profit
$
$
$
$
$
0
Minus: Taxes payable
0
Minus: Owner’s salary/dividends
0
Minus: Depreciation
0
Minus: Other
0
Subtotal
$
$
$
$
$
0
0
0
0
0
Net income
$
$
$
$
$
16
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