Task 2b Profit and Loss accounting

You need to show your projected profits and losses in your business plan in the financial section along with your break even and cash flow forecast.

I suggest that you do it for the first year of trading using the figures you have calculated from your expenses and projected sales revenue.

There is a template available from the Microsoft website which is pretty straightforward to use to help you do this.

Any categories that you don't have to use don't.

Any categories that need to be added talk to me and I will tell you where it should go.

It can be downloaded from here