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How to measure the accuracy of forecasts

A Smart Bear: Startups and Marketing for Geeks

So, was the forecast accurate? Does that mean the forecast was inaccurate? How do you hold forecasters accountable, when the forecast is only a probability? The forecast is what chance this lead has of converting, or what dollar value it has. Similarly, the forecaster will sometimes predict 0% or 10% or 50%.

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How to Write a Business Plan for an Outpatient Medical Practice

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Revisit and update it regularly by comparing your forecasts to your actuals and adjusting as necessary. Here’s a brief example: The problem : There is a lack of affordable pediatric and gynecological care available in coastal areas of Lane County, Oregon. Components of this section include: Your marketing and sales plan.

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How to Start a Brewery: Growing Your Own Craft Beer Business

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About the plan: Located in Medford, Oregon, Martin Cove Brewing Company has been a successful microbrewery for the past three years. This year, Martin Cove Brewing Company will gross $520,000 in sales. With this money, they plan to expand its distribution to selected metro areas within the state of Oregon.

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How to Grow Your Business by Setting Goals [Webinar]

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What is it about your business that made you think you’re going to make it this much in sales and yet somehow you didn’t achieve that. This means you need to set goals in sales and expenses. We really encourage you to think about your sales lines in terms of those big major categories. So think about sales goals.

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How to Write a Business Plan for an Artist’s Business

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He started from his dorm room at the University of Oregon in 1996; he sold his company, Rumblefish.com, for $27 million in 2015. See Also: Use Milestones and Metrics to Turn Planning into Business GPS. Milestones and metrics. The metrics help you track progress. See Also: What Metrics to Track (and What Not to Track).

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Profoundly Strange Subscription Businesses (That You Could Start Too)

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If the sound of unlimited dog washes each month is something that fills you with a sense of relief—no more dealing with all that mud and smelly dog yourself—look no further than Bare Bones Dogwash, a little Oregon-based doggie boutique. Plans start at $39 per month. BarkBox: A Monthly Box of Dog Goodies.

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Money-Making Subscription Services (That You Can Start Too!)

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Wouldn’t it be great if, instead of having to fight, hunt, and practically beg for each new sale, you could set up a business in such a way that all your customers paid you regularly, time and time again? See Also: A Complete Guide to Forecasting Sales for Your Monthly Subscription (SaaS) Business. Home and garden. Elderly care.