Trying to predict sales figures for small business owners is like trying to build a time-traveling DeLorean. Sales numbers are one of the hardest components of a business's financial story to accurately predict! There are so many factors that can cause sales to fluctuate and many of them are out of your control completely.
But there's hope: a strategy known to the most savvy of business owners that can help you peel back the fabric of the universe and predict what your sales are going to be.
In this episode of the Profit Plot, host Jeremy Millar walks through three steps for accurately forecasting revenue for small business owners. By unpacking your own personal expectations about forecasting sales, diving into your financial history and reading it like a book, and focusing on internal factors, you can set more accurate sales goals and hit them every time.
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🖥️ Trying to understand business finance by yourself? Check out the free Financial Storytelling course here: https://www.amarlo.co/tell-your-story
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