Sales Forecast

Cards (5)

  • Sales forecast is the backbone of your business plan.
  • People measure a business and its growth by sales, and your sales forecast sets the standard for expenses, profits and growth.
  • Sales forecast in a business plan should show sales by month for the next 12 months--at least-- and then by year for the following two to five years.
  • Three years, total, is generally enough for most business plans
  • Sales Forecast
    • Develop a unit sales projection
    • Use past data
    • Use factors for a new product
    • Break the purchase down into factors
    • Project prices