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In the first video of this free business planning course, the focus is on creating a sales forecast. The instructor emphasizes that the forecasts and documents presented are for educational purposes, aimed at teaching how to compile components of a business plan rather than for aesthetic presentation. Viewers are encouraged to follow the outlined steps and later format their documents as desired. The session will cover a three-year sales forecast using Microsoft Excel, which may initially appear overwhelming. The instructor promises to explain each aspect as the video progresses, starting with merging specific cells in Excel.