Selling your business is a significant decision that requires preparation and transparency. One of the most important tools you can have in this process is a comprehensive and accurate Profit and Loss (P&L) statement. These financial documents are more than just numbers—they’re a window into your business’s health and a key to attracting serious buyers. What Are P&L Statements? A P&L statement, also known as an income statement, is a financial report that summarizes your business’s revenues, expenses, and profits over a specific period. It provides potential buyers with a […]
