The Wedding Sassholes
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19. Creating a Wedding Business Sales Forecast
This month’s topic is Money Management and in this episode, we are diving into Creating a Wedding Business Sales Forecast for your wedding business.
We talk about -
> How a forecast helps you understand your financial position
> What to track now
> Types of forecasts
> How to set up your forecast
> Forecasting in units vs dollars
Listen all the way through for the tangible SWAG at the end of every episode on the 3 things you can start implementing into your business today!
Spoiler alert ;) - here’s the list…
- Don’t forget to track both # of weddings and also how much $ each month
- Start with the basics: list of services/goods you offer, quantify your sales, and subtract COGS and operational costs
- Put an appointment on your calendar 1st of the month, called monthly reports to remind yourself to take that snapshot of time
Tune in next week continuing our monthly topic covering Money Management, next week we are talking about Smart Budgeting Tips.
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Thank you to our show producer and sponsor Sol Rise Entertainment. For all of your music entertainment needs please visit them at Sol Rise Entertainment - DJs - Live Music - Orlando (solrisellc.com)
Need help? Email co-hosts Shannon Tarrant & Vanessa Negron at TheWeddingSass@gmail.com