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.

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