A 12 Month Sales Forecast is a tool used by businesses to project their expected sales over the next year. It is an important tool for businesses to use as it helps them to plan and budget for the future.
The components of a 12 Month Sales Forecast Excel template typically include:
- A table with columns for each month of the year, as well as a column for the total projected sales for the year.
- A graph or chart visualizing the sales forecast for the year.
- A section for notes and assumptions, where the business can detail any factors that may affect the sales forecast, such as new product launches or changes in the market.
- A section for budgeting, where the business can input their projected expenses and compare them to their projected sales.
There are several reasons why a business should prepare a 12 Month Sales Forecast:
- It helps the business to plan and budget for the future. By projecting their expected sales, the business can allocate resources and make financial decisions with confidence.
- It can help the business to identify trends and make informed decisions. By analyzing past sales data and current market conditions, the business can make educated guesses about future sales and adjust their strategies accordingly.
- It can be used to secure financing. If a business is seeking a loan or investment, a detailed sales forecast can help to demonstrate their financial stability and potential for growth.
Benefits of using our free sales forecast excel templates
The benefits of using a 12 Month Sales Forecast template are numerous. It can help a business to plan for the future, make informed decisions, and secure financing. By regularly updating and analyzing their sales forecast, a business can stay on track and achieve their financial goals.
- Our free 12 Month Sales Forecast Excel template includes pre-populated formulas to help you easily project your sales for the next year.
- Simply input your past sales data and any known factors that may impact future sales, and let the template do the rest.
- The template also includes a budgeting section to help you compare your projected expenses to your projected sales.
- With the help of this template, you can confidently plan and budget for the future, and make informed decisions to help your business grow.