Making smarter decisions when setting goals, budgeting, prospecting, and hiring is possible when you are able to forecast sales accurately. Sales forecasting can play an important part in the success of your business.
To benefit from forecasting, you need to know how to create realistic reports. We’ve gathered some great sales forecasting methods and templates to help guide you.
What Is Sales Forecasting?
Sales forecasting is the process a business carries out to estimate what their sales will be in the future. Sales forecasting periods can be quarterly, half-annually, annually, or monthly.