Dallas Business Consultant Elijah ClarkDallas Business Consultant Elijah Clark

Projects profit & Loss

The profit and loss statement (also known as the “income statement”) is the most common of the standard financial reports that bankers and investors will expect to see in a business plan. It shows the revenue, the expenses, and the net profit or “bottom line.”

Projected balance sheet

The balance sheet is one of the three standard financial statements. Unlike the profit and loss statement, which measures activities and their effect on profitability during a given period, the balance sheet is a snapshot of the business’s financial position.

Projected cash flow statement

The cash flow statement is a valuable tool for understanding and planning the organization’s cash flow. The cash flow statement is not a snapshot like the balance sheet. Instead, it measures the change in cash during a period.

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Cite this article:
Dr. Elijah Clark (January 17, 2023). Projecting your business revenue [Web log post]. Retrieved from https://elijahclark.com/projecting-your-business-revenue/
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