The knowledge and experience an entrepreneur brings to the business will be helpful in forecasting sales, particularly if the entrepreneur has worked in the industry in which the business will be operating. Nevertheless, the entrepreneur’s experience is anecdotal and should always be confirmed by other sources. The Industry The importance…
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HOW TO ESTIMATE SALES AND EXPENDITURES FOR A NEW VENTURE
Mon Dec 16 , 2019
<div class="at-above-post addthis_tool" data-url="https://tcbassociates.com/management/the-entrepreneurs-knowledge-and-experience/"></div>The sales forecast of a new business venture should be calculated first because sales affect the expenditures of any business. The forecast should start with a timeline that depicts the seasonal patterns in the industry and the key events that might cause a change in the levels of sales. Having […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt --><!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons above via filter on get_the_excerpt --><!-- AddThis Share Buttons below via filter on get_the_excerpt --><div class="at-below-post addthis_tool" data-url="https://tcbassociates.com/management/the-entrepreneurs-knowledge-and-experience/"></div><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><!-- AddThis Related Posts below via filter on get_the_excerpt --><div class="at-below-post-recommended addthis_tool" ></div><!-- AddThis Related Posts generic via filter on get_the_excerpt -->
