![]() ![]() And Excel has a tool that takes away most of the computational headache. ![]() ![]() It requires a fairly good deal of statistics knowledge but is well worth the work. And more importantly, show you which factors strongly influence your revenue and which are not very important, plus how much you need to do as regards the factors under your control in order to achieve a specific desired revenue goal. Then it would make better sense to do a forecast model that combines all those factors and give you some sense of what type of revenue figure to expect this year. Perhaps way more than which month of the year we are in or the previous years revenue. The company revenue depends on Federal Government budget, GDP growth rate, number of meetings with potential clients, which party is in power, PMI and FDI. Let’s say you work for Julius Berger Construction company. ![]()
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