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Question added to topic Starting a BusinessSeptember 8, 2008

How does one calculate projected sales for a restaurant?

I am writing a business plan for a restaurant but am having trouble in getting decent sales projections. What do I base my projections off of? Is there a formula?

I have an example you can use, with a lot of illustrations, on the following website, free: http://planasyougo.com/example-initial-sales-forecast-for-a-restaurant/

That should give you at least an idea of how and where to start.

Tim

Tim Berry is the president of Palo Alto Software Inc., based in Eugene, Ore., which produces business planning software. He is also the author of 3 Weeks to Startup and The Plan-As-You-Go Business Plan, published by Entrepreneur Press.

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