Looking for more resources?
Know Before You Owe →Income Statement Template
Calculate your net profit or loss for any given business year with this free income statement template.
Download Our Free Income Statement Template
Why Do I Need an Income Statement Template?
Your income statement, or profit and loss statement, measures your business's financial performance over a year. By giving a summary of your revenues and expenses, an income statement allows you to calculate your net profit or loss for that year. As you're working towards building a profitable business, an income statement will help you track that success. If you already are profitable, an income statement helps make sure it stays that way. Download the free income statement template above to get started.