That's hardly a P&L.
The catch-all "Miscellaneous costs" doesn't seem enough for equipment amortization, insurance, garbage pick up, worker's compensation, and the all important "protection money" for NY.
Even so, does anyone really think that every nickel gets counted for the top line in a small business? As a business owner, I can expense an awful lot - cars, gas, insurance, home office, supplies, business dinners, etc. You need to add that back into compensation.
I net 40% of gross sales in my business. That's really, really high. Most pizza businesses in the U.S. might be about 20-25% net, but U.S. prices for pizza are low... Cutthroat low.
You can definitely expense a whole lot, which helps with reducing your cost of living, true. It's doesn't count as pure take home income though, but you're right, it's still a form of compensation which is pretty significant, even if it's strictly (supposedly) for the business.
40% net of your gross? That's pretty impressive... I'll be curious to see what my net will be from the farmer's market venture we're doing.
@Jeffereynelson - As La Sera alludes to, don't forget about the rest of your costs that have to be accounted for... equipment, hiring workers, rent, liability, pest control, advertising (though you could in theory just use social media nowadays), benefits for workers, professional memberships, etc. It's not just ingredient costs that you have to pay out... which leads to the up charge.
Also, you'll have to remember you can't divide the cost of flour strictly by the weight for how many doughballs you can get... after all, some flour will be used for coating your hands, or coating the dough balls when you prepare to stretch, etc. Unless you plan to micromanage to that degree and count how much flour you use on the bench for prepping the dough (which would be maddening, even to me), you'll have to account for some fudge factor.