Provincial Nominee Program - Canada PNP Business Plan. Provincial Nominee Program - Canada PNP Business P | Page 32

SAMPLE
COMPANY
26 Forecasted Income Statement
Pro Forma Profit and Loss
Sales
Gross Margin
Gross Margin %
Operating Expenses
Marketing
Depreciation*
Wages
Utilities
Insurance
Payroll Taxes and Deductions
Other
Total Operating Expenses
Profit Before Interest and Taxes
EBITDA
Corporate Tax
Net Profit
Net Profit/Sales
Year 1
Year 2
Year 3
Year 4
Year 5
$XXX,XXX $XXX,XXX $XXX,XXX $XXX,XXX $XXX,XXX
$XXX,XXX $XXX,XXX $XXX,XXX $XXX,XXX $XXX,XXX
XX.XX%
XX.XX%
XX.XX%
XX.XX%
XX.XX%
$XXX,XXX
$XXX,XXX
$XXX,XXX
$XXX,XXX
$XXX,XXX
$XXX,XXX
$XXX,XXX
$XXX,XXX
$XXX,XXX
$XXX,XXX
$XXX,XXX
$XXX,XXX
XX.XX%
$XXX,XXX $XXX,XXX $XXX,XXX $XXX,XXX
$XXX,XXX $XXX,XXX $XXX,XXX $XXX,XXX
$XXX,XXX $XXX,XXX $XXX,XXX $XXX,XXX
$XXX,XXX $XXX,XXX $XXX,XXX $XXX,XXX
$XXX,XXX $XXX,XXX $XXX,XXX $XXX,XXX
$XXX,XXX $XXX,XXX $XXX,XXX $XXX,XXX
$XXX,XXX $XXX,XXX $XXX,XXX $XXX,XXX
$XXX,XXX $XXX,XXX $XXX,XXX $XXX,XXX
$XXX,XXX $XXX,XXX $XXX,XXX $XXX,XXX
$XXX,XXX $XXX,XXX $XXX,XXX $XXX,XXX
$XXX,XXX $XXX,XXX $XXX,XXX $XXX,XXX
$XXX,XXX $XXX,XXX $XXX,XXX $XXX,XXX
XX.XX%
XX.XX%
XX.XX%
XX.XX%
* A XX% depreciation rate was assumed.
The Company’s Profit and Loss Statement was based on cost structure benchmarks for Electronic
and Computer Repair Services Industry. 22 Since start-up technology companies often incur losses
for the first few years of operations, a loss for the first year has been forecasted for the Company
as well due to high wages and the time required to establish itself in the market. Mr. John Doe
will dedicate himself to the business and cover the loss and the forecasted negative cash flow in
Year 1.
22
Source
32