12 Business Pro Forma Example

Thursday, December 24th 2020. | Excel Templates

12 Business Pro Forma Example. Pro forma, latin for as a matter of form or for the sake of form, is a method of calculating financial results using certain projections or presumptions. Pro forma income statements provide an important benchmark or budget for operating a business throughout the year.

Pro Forma Financial Statements Smartsheet
Pro Forma Financial Statements Smartsheet from www.smartsheet.com

Pro forma statements look like regular statements, except they're based on what ifs, not real financial results. What are pro forma financial statements? Business planning a company uses pro forma statements in the process of business planning and control.

A pro forma financial statement is a report prepared base on estimates, assumptions, or projections.

Here are several examples of pro forma financial statements investment pro forma projection. While a small business with a track record may create such a statement based on their company's prior financial info, a startup or entrepreneur in the initial stages of forming a company may find it challenging. To start creating a pro forma statement, begin with an income statement from the current year. Your income this year is $37,000.

business pro forma template