Welcome to your new favourite spreadsheet
Forecasting your sales revenue will have a major impact on reaching your business goals. The more predictable your plan, the more reliable your future.
Having a separate calculator or tool from your actual revenue will help you track how you’re doing, spot where there are going to be gaps, and see how sales are trending so you and your team can stay focussed. Not to mention, this is going to help you make better decisions.
As a calculator, this is also a great tool to “pull the levers” and see what happens when you increase your prices, and the number of sales and see how your revenue stacks when you have different payment options. I think it’s incredibly motivating too.
I recommend creating your revenue forecast alongside your revenue goals so you can see what you need to hit every month. Update it monthly according to the real figures and review your sales progress weekly. Creating these rituals are going to help you hit your goals.
This is just a tool, it’s over to you to make it your own and execute.