How to create a simple Sales Forecast in Excel

Forecasting is of extreme importance not only to new business but also to growing businesses. This reporting method keeps the organization from uncertainties along the road to meeting the company goals. It also reduces risk. With forecast, the brains of the company can see different possibilities-they could find out whether the business can succeed, would face struggles usually market competitions or business failure. They can also see opportunities like creating new demands and expand to other business fields. Through the forecast, the luck mentality is set aside on a dark corner. Sure enough, we cannot be successful by chance but by change.