Estimating 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.