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Forecasting sales can be manageable, as you possess intimate knowledge of your business. The sales forecast serves to set company goals. Begin by asking key questions about your desired achievements, the number of customers anticipated over different time frames, and expected customer spending. The sales forecast also informs budget allocation; for instance, increasing sales may necessitate higher marketing expenses or hiring new staff. Strive for a balanced level of detail in your forecast—avoid overly broad estimates that provide only a single sales figure for your entire company, while also refraining from excessive granularity.