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How to estimate small business sales

By Samantha Garner | September 16, 2017

business-customerEstimating sales is important, and helps you determine the overall achievability of your business idea. The better your sales forecast, the better able you’ll be to make those ever-important decisions about growth. Estimating sales lets organize market and financial data in a way that helps you determine what your profit might be.

One of the most important tasks of pre-venture planning is the sales forecast. It helps you ensure that your business is sustainable, so you can actually make a living as an entrepreneur.

Read more about the two methods for creating a sales forecast: the market share method and the daily capacity method.

Topics: GoForth Institute Small Business Training, Small Business Tips and Advice | No Comments »

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