Need Income Statement First Year of Operation for startup sole proprietor non-medical personal home care business. Business will not open until October. This is for Grant Approval needs to show over the 12 months I was able to hire 3 full time employees and keep a net profit of maybe 15-20%.?? I can give you basic numbers . I am running business from home so no rent. I am the only one employed so far and first 3 months I will not put myself on salary just to jump start it.