You can see an example from one of our templates below. You will need both revenue and expense assumptions in order to produce a pro forma P&L. If you are looking to create a profit and loss projection for a startup you will need to develop a set of assumptions and build your projections from the ground up. This is the approach we take with our Existing Business Forecast Template. If you are forecasting for an existing business with historical financial data, the easiest way to forecast is to use your historical data as a baseline to forecast off of. In order to create a profit and loss projection you will need to forecast both revenue and expenses. How to create a profit and loss projection?
The templates will provide you with annual and monthly projections for up to 60 months.
If you only need a 3 year financial projection, you can simply hide the last two years of the model. How many years of financial projections can I create with a ProjectionHub template?Īll of our financial projection templates are 5 year financial models.