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More Posts on forecasting
Shares, which have lost more than a third of their value since the company reported fourth-quarter results on Feb. 4, rose 7.6 percent in extended trading on Thursday.
We're people, we don't know the future, so we are always guessing. But we're not just guessing. We're developing sets of assumptions.
Without a goal and measurement system in place at the beginning, you can't possibly ascertain success.
While you can't predict the future, you should be sure you're including all the factors that will affect your company.
Satisfy potential investors by setting up a research method to estimate how many customers will be lured to make a purchase of your new product.
The forecast methodology used by most companies only works for some companies. Happily, simpler methods matched to your sales process are more reliable.