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How to Forecast Sales

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Sales forecasting is much easier than you think, and much more useful than you imagine. You review and revise your forecast regularly. Since sales are intimate with costs and expenses, the forecast helps you budget and manage. And if you don’t know your business, no offense intended, but get a clue.

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How to Forecast Sales

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First, allow me to deal with a very common problem: Business owners are often afraid to forecast sales. It doesn’t take spreadsheet modeling, much less econometric modeling, to estimate units and price per unit for future sales. New product or not, your sales forecast won’t accurately predict the future.

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How to Conduct a Plan Vs Actual Analysis With Spreadsheets

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I’ve spent decades working with plan v. I used plan vs. actual analysis once a month, comparing forecasts and budgets to actual results since I started Palo Alto Software back in the 1980s. Forecasting and budget math is usually simple. actual in spreadsheets. For the record, this method still works.

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How to Write a Business Plan

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You’ve reviewed what a business plan is , and why you need one to start and grow your business. It’s time to dig into the process of actually writing a business plan. In this step-by-step guide, I’ll take you through every stage of writing a business plan that will actually help you achieve your goals.

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The Different Types of Business Plans

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Business plans go by many names: Strategic plans, operational plans, internal plans, and many others. Lately, I’ve been focusing on lean business plans. There are also one-page business plans, although those are really more summaries. Business plans for startups.

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The Key Elements of the Financial Plan

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Financial experts will have different opinions about what should be included in a financial plan, depending on the type of business you have and what you’re trying to accomplish with your business plan. Sales forecast. Personnel plan. and maybe some business ratios and/or a break-even analysis.

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Episode 9: Lean Business Planning with Tim Berry | The Bcast

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This week Peter and Jonathan talk to Tim Berry, founder of Palo Alto Software, about lean business planning, strategy, tactics, specifics (milestones), and the forecast. Free Download: The One Page Business Pitch Template. Strategy, Tactics, Specifics, and the Forecast – (11:45). Listen to episode 8 here.

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