From the course: The 45-Minute Business Plan
Join today to access over 22,600 courses taught by industry experts.
Projected profit and loss
From the course: The 45-Minute Business Plan
Projected profit and loss
- Projected profit and loss. Your opening statement is a general description, so it can be brief. You might say something like this. The following profit and loss table and charts illustrate the total effect of revenue generation, direct cost of sales, operating expenses, and profitability for ABC LLC over the projected period. The following assumptions were made when preparing the profit and loss table in the first 12-month breakdown in the appendix found at the end of the business plan. So, what do you need to highlight? Here are some categories you'll want to expand on. Again, these are just examples we have used. Your plan may require more or less, depending on your approach. I like to use assumptions, payroll taxes, rents or mortgages, inflation or reduction of expenses, depreciation of assets, EBITDA, or earnings before interest, taxes, depreciation, and amortization, interest expenses, and taxes incurred.…
Practice while you learn with exercise files
Download the files the instructor uses to teach the course. Follow along and learn by watching, listening and practicing.
Download courses and learn on the go
Watch courses on your mobile device without an internet connection. Download courses using your iOS or Android LinkedIn Learning app.