Small Business Profit And Loss Statement Template
Download a free, simple 1-page Profit & Loss (P&L) template in Excel. Designed for small business owners and freelancers to track monthly income, expenses, and net profit automatically.
1-Sheet Design: Simple month-by-month tracking (Jan–Dec) with zero setup.
100% Automated: Built-in formulas calculate total revenue, expenses, and net profit.
Ready-to-Use: Includes standard expense categories (Rent, Salaries, Marketing, Utilities).
Fully Editable: Unlocked and customizable for Excel, Google Sheets, and Apple Numbers.
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Why Choose Our Small Business Profit And Loss Statement Template
Startups have used our financial model templates to raise up to $5 million in Series A capital and seed funding. These models were developed by FMVA-certified professionals. We have worked with over 50 businesses and created more than 500 financial forecasting and valuation models for startups.
- Save 40 Hours of Manual Work
- 100+ Customized Assumptions / Drivers
- Advanced Valuation Methods Applied
- In-depth Financial Projections
- Free Supports & Error Corrections
- Founder & Investor Ready Model
Description
Free 1-Page Small Business Profit and Loss Statement Template (Excel)
Are you small business owner, or work at home and need a simple, lean tool to track your monthly finances without having to use some complex accounting software?
This Free 1-Page Monthly Profit and Loss (P&L) Statement Template is a perfect fit for you and was designed especially for small business owners, freelancers, side-hustlers, and solopreneurs who want to build a lean, light spreadsheet to track their monthly revenue, operating expenses, and net profit.
Unlike multi-year financial modeling, this single-page Excel file will give you an overview of your income, expenses, and net profit for all 12 months of the year.
What Makes This Basic P&L Template Helpful?
- Simple 1-Sheet Layout: No confusing tabs, external links, or complex formulas, everything sits on a single, easy-to-read worksheet.
- 100% Automated Calculations: Auto-calculating totals for monthly income, total expenses, and monthly net profit/loss.
- Pre-Categorized Expense Line-Items: Includes standard operating costs like rent, salaries, utilities, marketing, software subscriptions, insurance, and bank fees.
- Fully Customizable: Easily rename, add, or delete income streams and expense categories to match your specific business model.
- Universal Compatibility: Works seamlessly with Microsoft Excel, Google Sheets, LibreOffice, and Apple Numbers.
What Is Included in This 1-Page Spreadsheet?
This template breaks down your annual performance month-by-month (January through December) with built-in formulas:
Income Section
Sales Revenue: Income generated from product sales.
Service Income: Fees earned from consulting, client work, or services.
Other Income: Secondary revenue, interest, or passive income streams.
Total Income: Automatically sums up your monthly revenue.
Expense Section Pre-filled with essential business overhead costs:
Accounting & Legal Fees
Advertising & Marketing
Bank Charges & Interest
Office Rental, Utilities & Communication
Salaries & Wages
Depreciation, Repairs & Maintenance
Subscriptions, Office Supplies & Miscellaneous Expenses
Total Expenses: Auto-calculates your total outlay per month.
Net Profit / Loss Summary
Automatically subtracts Total Expenses from Total Income (Total Income – Total Expenses = Net Profit) to show your real monthly earnings.
How to Use This Template in 3 Simple Steps
- Download the File: Click the free download button above to get your instant Excel file.
- Set Up Your Header: Enter your Company Name, Prepared By, and the current Year at the top of the worksheet.
- Input Your Monthly Numbers: At the end of each month, simply type in your actual income and expense figures. The spreadsheet will instantly update your monthly totals and YTD (Year-to-Date) figures.
How is this different from a full Startup Financial Model?
This template is a basic 1-page tracking sheet meant for historic or current month-by-month bookkeeping tracking. If you are preparing pitch decks, fundraising models, 5-year projections, or valuation analyses for investors, check out our Investor Ready Financial Model Templates.
Can I add extra expense rows?
Yes. You can insert rows anywhere in the Income or Expense sections. Just ensure your SUM formulas cover any newly inserted rows.
Is this Profit and Loss template completely free?
Yes! This is a 100% free downloadable Excel spreadsheet with no hidden charges or subscription locks.
Know your numbers. Grow with confidence.
🆓 Download Your Free Small Business Profit and Loss Statement Template Today
👉 Instant Direct Download – 100% Free
🚀Used by over 50,000+ small business owners, freelancers, and entrepreneurs worldwide.
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Ella (verified owner) –
These financial templates are efficient, intuitive, and highly reliable.
Noah (verified owner) –
Highly recommend for anyone who wants organized and professional financial records.
Freya (verified owner) –
Easy to adapt for my business needs. Excellent value for money.
Daniel (verified owner) –
Templates are very easy to edit and suit a variety of financial purposes.
Joseph (verified owner) –
Great product! Helped me automate a lot of my finance tracking.