This is the simple Profit & Loss Statement I've used for years—first throughout my real estate career and now in our towing and auto transport business.
It gives you one place to organize your business income and expenses so you can get a clearer picture of how the business is actually doing.
FROM
“I know money is coming in and going out, but I don't have a simple way to see what my business is actually making.”
Income is coming in. Bills are being paid. Expenses keep adding up.
But when someone asks, “How is the business actually doing?” you may not have a clear answer sitting in front of you.
TO
“I have my income and expenses organized in one place, and I can see a clearer picture of what my business is actually making.”
You can see what's coming in, what's going out, where the money is being spent, and what is left after your business expenses.
THE BRIDGE
This simple Profit & Loss Statement gives you one straightforward place to put the numbers together so you can spend less time wondering where the money went and more time understanding the business you're building.
What's Included
A simple, easy-to-use Profit & Loss Statement designed to help you track:
- Business income
- Common operating expenses
- Total expenses
- Profit or loss
- A clearer overall picture of your business finances
Why I Still Use Something This Simple
After years of running small businesses, I've learned that a system doesn't have to be complicated to be useful.
Sometimes you just need to be able to sit down, put the numbers in front of you, and answer a very important question:
Is this business actually making money?
I've used this basic approach through years in real estate and now behind the scenes at Durrett Recovery. It's simple enough that you'll actually use it, while giving you the basic information you need to better understand what's happening in your business.
Whether you're running a towing business, working in real estate, self-employed, or building another type of small business, this gives you a straightforward place to start.
$10 Digital Download
Download it once. Use it as part of your regular business check-in.
Important Note
This resource is provided for general organizational and educational purposes and is not accounting, tax, financial, or legal advice. Every business is different. Work with a qualified accountant, tax professional, or other appropriate professional for guidance specific to your business.