Profit-and-loss sentence example

profit-and-loss
  • These opinions have been based primarily on detailed examination and interpretation of company balance sheets, profit and loss accounts, and payment performance.
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  • He will be a completely gross, vulgar farmer, totally inattentive to appearances, and thinking of nothing but profit and loss.
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  • You'll need a proforma profit and loss statement with income and profit projections forecasted out three years.
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  • Buying an established route is a popular way of getting into the vending machine business since you can have your accountant examine the profit and loss of the business before buying it and estimate potential money to be made.
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  • Using a sample profit and loss statement, the average small business owner can create his own using a common program such as Excel or QuickBooks.
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  • Whether you create one yourself or hire someone to write one up for you, a profit and loss statement provides an accurate picture of the fiscal health of the business.
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  • A profit and loss statement provides a summary of the profits made by the company, the expenses incurred, and the net result - either a profit or a loss.
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  • The following sample profit and loss statement offers a suggested format, but each business is unique.
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  • Business owners use profit and loss statements to understand at a glance the financial health of their companies.
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  • By using a profit and loss statement, the business owner can see quickly that such a hiring decision will use up most of his profits for the year.
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  • Sometimes a profit and loss statement reveals money leaking out of a company that may otherwise be hidden.
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  • The choice to create a profit and loss statement yourself or hire an accountant or financial professional is an individual choice.
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  • You can set up a template in Excel to run a Profit and Loss statement; this makes each figure easy to change and if you set up the correct formulas, the changes flow through to the bottom line, letting you run various scenarios.
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  • For more information on the Profit and Loss Statement, eSmall Office has an excellent resource site.
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  • The Small Business Administration offers a free Excel template that you can save to your computer and use as a Profit and Loss Statement.
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  • If you own a business you probably have utilized a profit and loss template.
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  • The use of a profit and loss statement is also needed when you want to apply for additional funding for business purposes.
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  • Using a profit and loss template plays and important part in managing your business correctly.
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  • Using a profit and loss template is recommended as a way to begin recording the finances of a company.
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  • Two methods can be used to record financial information on a profit and loss sheet.
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  • It is highly recommended you utilize a template for a profit and loss statement, if you are not familiar with this type of business form.
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  • A number of resources provide templates for a profit and loss statement.
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  • For those who prefer to utilize a spreadsheet for the convenience of the mathematical functions, you can find a template for profit and loss at Score.org.
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  • The earnings per share (EPS) are recorded on the main sheet of the profit and loss statement.
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  • Noting these specific sections on the profit and loss statement is important for ensuring accuracy of financial records.
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  • As part of any business startup plan, you should estimate your 3-year Profit and Loss Statement and a 3-year Operating Budget.
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  • Sections 2 through 8 are the easiest for most people to write, and once you have those, you can go back and work on your numbers for the financials and 3-year Profit and Loss Statement and Operating Budget.
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  • How to understand and use cash-flow forecasts and profit and loss accounts and what information you would need to produce them.
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  • A large or complex business may wish to hire an accountant or financial expert to generate a profit and loss statement.
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