Whether your business is a start-up or has been established for quite some time, developing an accurate forecast can be a challenge and doesn’t always end up being accurate. Regardless of this fact, forecasts are an important tool to measure success and should be used no matter the size of your business.
Because it’s extra challenging for start-ups due to their fast-changing nature and lack of previous experience, enlisting the support of others who have extensive experience with forecasting can be very helpful. If you have a start-up in this situation or want to get some great tips about forecasting to help others, a great first step would be to read this article on Inc.com. It contains some very helpful tips for making your forecasts as accurate as possible. To read it, click here.
If you need further help developing your business, I welcome you to contact me at firstname.lastname@example.org or 479-409-3822.