How to set up a monthly sales budget for a small business?

Answer 1

If you to the library they have books that will give you an outline for all types of businesses, personal, small what ever so you can choose the best one for you! They are very simple, no hassle!

Answer 2

First make a general listing of your goods or services, input the sales price next to each and make an estimate of how much you will sell. Don't be too liberal or conservative with your estimate. Look at similar companies, look at the amount of customers you have lined up at come up with your best estimate of how much you can realistically sell each month. Attach and asign the appropriate variable cost to each unit sold to account for cost of goods sold. Having indicated total revenue and total cost of goods sold are the two main and nessesary outputs of the sales budget.

Answer 3

You need to start by evaluating your monthly expenses. It would be ideal to have the number of sales that would pay all your product costs, monthly expenses, and pay you a salary (even if it is modest). You can make that your first goal, and from then on you keep comtrolling your fixed expenses, and eveluate the cost of selling more (hiring someone, etc.)