By Carly W at October 30 2019 01:32:58
If you develop a good Profit & Loss Statement for your existing business for the current year or for the first year of your proposed business, you can use this data to actually project how much sales you would need to yield the income you want and the profit margin you want. You can plan ahead as far as you want. Sound impossible? It's actually pretty simple and can be pretty accurate plan.
Make sure you are researching each point of your budget, make sure that you are giving it context and it makes proper sense within your overall plan.