ENTREPRENEURSHIP

Detailed explanation-1: -A sales forecast helps every business make better business decisions. It helps in overall business planning, budgeting, and risk management. Sales forecasting allows companies to efficiently allocate resources for future growth and manage its cash flow.

Detailed explanation-2: -Sales forecasting allows you to know how much revenue your team will generate each month, quarter, and year-and when to expect money to come in.

Detailed explanation-3: -Sales Managers: Sales managers use sales forecasts to help their decision-making process. Accurate forecasting can help sales managers select effective sales strategies to meet new sales goals.