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How do companies make budges
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How do they forcast
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** Forecastin is always based on a percentage of sales.
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1. forecast what your sales are going to be
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2. everything else is just a percent of revenue
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** How do companies make budgets
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*** Forecasting is always based on a percentage of sales.
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- forecast what your sales are going to be
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- everything else is just a percent of revenue
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*** when to companies forecast
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*** when companies forecast
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- Public companies forecast quarterly
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- Startups forecast monthly
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- most startups collapse
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- survival is the goal
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- most startups collapse
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*** Fiscal years
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- companies note when a season ends
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