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7. Adjust sales projections using your knowledge of the business and industry. For example, if you are selling flowers, you know you can expect a spike in sales on Mother’s Day. If a major contract kicks into gear in month 5, the forecast should reflect the increase in sales. If your business is seasonal, make sure the fluctuations are reflected in your sales forecast.
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If you have started to look into setting up your own business online then you will have come across this idea of finding a niche for your business. However if this article … Read More