top of page

P & L Forecast

Field Services Example

Operating Expenses

COGS

Gross Profit

$78,335

$940,020

$940,020

Earnings Before Taxes

$60,171

$722,053

$722,053

Net Earnings

$42,120

$505,437

$505,437

Revenue

Year 1

Year 3

Year 2

Assumptions

Direct Labor Costs

$33,575

$402,900

$402,900

Direct Operations Costs

$13,725

$164,700

$164,700

Direct Other Costs

$1,625

$19,500

$19,500

Total COGS

$48,925

$587,100

$587,100

Income Assumptions

Expense Assumptions

Tool Rental Income

48,500

$582,000

$582,000

Service Calls

$28,750

$345,000

$345,000

Tool Repair Income

$1,635

$19,620

$19,620

Parts Sales

$12,375

$148,500

$148,500

Other Operating Income

$36,000

$432,000

$432,000

Total Revenue

$127,260

$1,527,120

$1,527,120

Tool 1 Rental assumes

Tool 2 averages 

days per month per tool at

Part Sales & Tool Repair income based on historical data

$/day and delivery fee of

per tool per month

per tool per month

Service Calls based on historical data plus Tool 1 delivery fee above

Payroll based on historical data +  3% raises + additional personnel added based on increased capacity needs

Direct Ops Cost based on historical data + 

Tool 1 Battery Cost is 

per pack- 1 pack lasts 30 days of use

Monthly Inputs

All other expenses based on historical data + 

% increase

% year over increase + cost for tool 1 maintenance (mostly batteries)

Depreciation & Amortization

$36,000

$432,000

$432,000

Payroll Expenses

$12,500

$150,000

$150,000

Telephone & Comms

$180

$2,160

$2,160

Rent and Utilities

$600

$7,200

$7,200

Marketing & Advertising

$600

$7,200

$7,200

R & D

$975

$11,700

$11,700

Office Supplies

$250

$3,000

$3,000

Truck Payments

$1,909

$22,907

$22,907

Meals & Travel

$7,834

$94,002

$94,002

Building Maintenance

$7,834

$94,002

$94,002

Liability Insurance

$7,834

$94,002

$94,002

Dues & Subscriptions

$7,834

$94,002

$94,002

Donations

$7,834

$94,002

$94,002

Accounting & Legal

$7,834

$94,002

$94,002

Computer

$7,834

$94,002

$94,002

Interest

$7,834

$94,002

$94,002

Taxes

$18,051

$216,616

$216,616

Total Expense

$18,164

$217,967

$217,967

bottom of page