One of the most important pieces of the marketing plan that determines your profitability and ultimately whether you will stay in business or not is

Question

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Knowing what your sales will be is crucial in determining your profitability and overall success in business. Without accurate sales estimates, it is difficult to plan for expenses, inventory, and staffing which can ultimately lead to financial difficulties and potentially closure of the business. Regulations, human resource needs, and succession planning are all important aspects of running a successful business, but accurate sales estimates are essential for long-term viability.

One of the Most Important Pieces of the Marketing Plan