Download a free example P&L statement
What is a P&L?
A profit and loss (P&L) statement shows your businesses income and expenses in a given period. In this example, it's a monthly P&L for three years.
Buyers will typically ask you to share a three-year P&L during acquisition talks. While your connected metrics tell the same story, buyers often like to see a spreadsheet copy too.
Why is a P&L important in acquisitions?
The P&L is an important acquisition document because it tells buyers, at-a-glance:
- whether your business is profitable,
- what you're spending your income on, and
- where your income comes from.
It won't be the only financial document they'll ask for, but it's the one that will turn their heads and get them interested in pursuing an acquisition – especially if they're a financial buyer.
Download free P&L example
View the example below, and if you want to use it for your business, make a copy and update the numbers.