Msizel6idn
Answered

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Mang Tomas wanted to operate his business. He would like the business to have a sales revenue from the beginning of operation amounting to 1,000 with a projection that the business will grow 10% each month. What will be the total revenue if he plans to forecast revenue in 5 months?​

Sagot :

Dashingmaineidn

Answer:

How do you forecast sales examples?

An example might look like this: New Lead: 15% likelihood of completing a sale. Using these averages, it's entirely possible to predict your sales moving forward. You simply take the potential value of the deal multiplied by the percentage, then add them all up to come up with a figure.

How does sales forecasting help in sales planning?

Benefits of having an accurate sales forecast

Improved decision-making about the future. Reduction of sales pipeline and forecast risks. Alignment of sales quotas and revenue expectations. Reduction of time spent planning territory coverage and setting quota assignments.

Accurately forecasting your sales and building a sales plan can help you to avoid unforeseen cash flow problems and manage your production, staff and financing needs more effectively. A sales forecast is an essential tool for managing a business of any size.

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