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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso – How To Monitor Your Sales Forecast
Description: How To Monitor Your Sales Forecast Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Forecasting revenue is an important skill because investors want visibility into it. To forecast better, use the Trailing Four Months model. In this model, calculate the growth rate by taking the average of the growth rate over the last four months. Use this growth rate to forecast the remainder of the year. Do the same for burn rate. Set up a spreadsheet that calculates this automatically at the end of each month. This will...