i got my sales growth rates as 20%, 15%, -5%, 19%, 30% for the last five years.
How i can forecast my sales growth rate for the next year.
I am new to this forum. hope sharing will be good
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by selimdi</i>
<br />i got my sales growth rates as 20%, 15%, -5%, 19%, 30% for the last five years.
How i can forecast my sales growth rate for the next year.
I am new to this forum. hope sharing will be good
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Dear,
Many techniques are used to forecast sales growth, i.e.
Time series - Trend Analysis
Interpolation and Extrapolation
Trial and Error approach
Probability.
Ratio Analysis
Regression Line, etc.
However the first method is easier among others, on the basis of which , Growth rate has been determined to be 23% for the 6th year.
If you want any other specific method to be used or the detail as to how has 23% been arrived at, Mention your email address.
Best Regards,
Thank You For Kind Reply
I will be glad if you send me the above mentioned procedure.
My email ID is liveselim (at) gmail.com
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by selimdi</i>
<br />Thank You For Kind Reply
I will be glad if you send me the above mentioned procedure.
My email ID is liveselim (at) gmail.com
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Please Check your mails !
Best Regards,