Episode Details

Ready to decode the enigma of sales forecasting for your bar business? Strap in for an in-depth exploration as we,  delve into the complex task of sales forecasting, whether you're running an established business, buying an existing bar, or starting a new venture. It’s no easy task, but we’re here to guide you through it, underlining the importance of this crucial tool in managing labor and orders, and steering your bar business to success.

We'll dissect the key elements of forecasting sales - from using mathematical formulas and past data to making necessary adjustments for variables like the day of the week, holidays, and local events. We’re not promising 100% accuracy, but we’ll help you get close, and discuss why that’s essential for your business. We'll explain how to extract valuable insights from previous tax returns and POS records, and how they can guide your forecasting process.

So tune in, folks! With us, you're not just listening to a podcast - you're charting the course for your business' success. Let's navigate the tricky waters of sales forecasting together!

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📌Additional resources
🔴Grab the books “How to Make Top-Shelf Profits in the Bar Business!” and “Menus that Sell” here:
→ https://barbusinesscoach.com/book/