1. Pro-Forma Statements- Income Statement and Balance Sheet
For this assignment, you will again be using the Biz Builder Financial Statement Template Download Biz Builder Financial Statement Template, that you’ve previously used for your breakeven-analysis. You will create your Proforma Income Statement and Projected Balance Sheet for your specific business. These are important financial statements in determining the viability of your business. When reviewing your financial statements, be sure to delete any line items shown on the statements that do not apply to your specific business, but complete any and all that do apply!
A. Balance Sheet Requirements:
Create a projected balance sheet for your business for the first four (4) quarters and the second and third year of operation.
B. Income Statement Requirement:
Using the same financial statement template, create a projected income statement for your business for the first four quarters and the second and third years of operation.
Be sure to include a graph showing your gross revenues, gross profit, and net income.
As always, please feel free to contact me with any questions that you may have!
Biz Builder Financial Statements TemplateDownload Biz Builder Financial Statements Template
You MUST Submit your Financial Statements on the required Excel templates.
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