Simple guidance to demystify your finances
Use this free income statement template to understand your convenience store's net profit or loss — pinpointing the areas that are contributing to or hurting your business.
What’s inside?
Clear, to-the-point directions on how to best use the template
An Excel spreadsheet template that will help you easily create a profit and loss statement that summarizes the revenue, costs, and expenses your business incurred during a specific period of time
A brief glossary with helpful financial terms
Related resources to help your convenience store thrive
Why do convenience stores need a profit and loss statement?
A P&L statement, often referred to as an income statement, is a financial statement that summarizes the revenues, costs, and expenses incurred during a specific period of time.
A P&L statement serves two key purposes for businesses:
To understand net profit or loss
To identify areas that are contributing to or hurting the business
Download the free P&L and income statement template to start evaluating your business’s financial strengths and weaknesses.
After downloading the free Convenience Store Profit and Loss Statement Template, be sure to check out the other related resources below.
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