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In this first video of the free business planning course, the focus is on creating a sales forecast. The instructor emphasizes that the provided forecast projections and documents are not for presentation but to demonstrate how to compile elements of a business plan. Viewers are encouraged to follow the instructional steps and then customize their own presentations. The video discusses a three-year sales forecast, acknowledging that the information might seem overwhelming at first but promising clarification throughout. The instructor will be using Microsoft Excel, starting by merging specific columns to set up the document.