A sales forecast is the foundation for determining the financial viability of a venture and the resources needed to start it.

Question

Quizplus · Accepted Answer

A sales forecast is an essential tool for entrepreneurs and investors to assess the potential profitability of a business idea. It provides important information about expected revenue, expenses, and cash flow, which can help to determine the amount of funding or capital required to start and run the venture. A sales forecast helps to identify potential challenges and opportunities, and can guide decision-making throughout the start-up process.

A Sales Forecast Is the Foundation for Determining the Financial