How to Forecast Revenue for YOUR Business | Revenue Forecast / Model Tutorial

Discover how to forecast revenue for a business in this 2-part video. Predicting business revenue is extremely important. Having accurate revenue projections and a sound business model is crucial. This 2-part video discusses sales forecasting or the determination of future revenue. By understanding the underlying assumptions and using either a top-down or bottom-up approach, you have the potential to accurately. Your professional instructor will discuss various types of revenue prediction methods, including: 1) sales growth approach 2) inflationary/volume mix effects 3) unit volume 4) dollar market size 5) unit market size and growth 6) volume capacity 7) revenue driven by investment 8) revenues based on the installed base 9) employee-based 10) square-footage based 11) Occupancy-based Microsoft Excel was used during the video. However, other similar spreadsheet programs will be sufficient for your forecast model. 🌍 Get unlimited training with Simon Sez IT’s 200+ courses ⏩ https://www.simonsezit.com/courses/ 🚀 Supercharge your skills with a FREE 14-day trial to our extensive training library. Learn from 10,000+ ad-free videos and begin your transformation today! ➡️ https://simonsezit.lpages.co/ssit-14-day-free/ 💻 Watch more free popular training tutorials from Simon Sez IT: 🔥Check out our FREE 300+ hour training course playlist here ➡️ https://www.youtube.com/playlist?list=PLzj7TwUeMQ3hsADWJd2sJh4o8jATTyaRU ✅ Check out our free video playlist for Excel 2021/365 Training Tutorials for Beginners 👉https://www.youtube.com/playlist?list=PLzj7TwUeMQ3jqRlmIaj6jb_X9EGQueMDb ✅ The Basics in Excel Mac 2019 here 👉https://www.youtube.com/playlist?list=PLzj7TwUeMQ3i8jbvCcZiiodONsWo--jC8 ✅ Microsoft Excel Tips and Tricks 👉https://www.youtube.com/playlist?list=PLzj7TwUeMQ3gv7nwM6ad7r5ma_3UoOPtc ✅ Microsoft Office 2021 and Office 365 Training here 👉https://www.youtube.com/playlist?list=PLzj7TwUeMQ3hH_MxteY6LR3OSMHpDkt_j 💬Stay in touch! SimonSezIT.com: https://www.SimonSezIT.com/ LinkedIn: https://www.linkedin.com/company/simon-sez-it/ FaceBook: https://www.facebook.com/SimonSezIT 🔔 Subscribe to our channel: https://www.youtube.com/simonsezittraining?sub_confirmation=1 If you enjoyed the video, please give a thumbs up 👍🏽 ;-)