Top Business Forecasting Mistakes & How To Avoid

Business forecasting mistakes cost entrepreneurs months of frustration.

Here are the 5 biggest errors I see:
❌ Basing forecasts on wishful thinking instead of real drivers
❌ Assuming unrealistic market share
❌ Ignoring capacity constraints
❌ Poor revenue per employee benchmarks
❌ Disconnecting growth from headcount

✅ The fix? Base your financial projections on actual
• Web traffic & conversion rates
• Real target market size (not everyone in town!)
• Employee capacity planning
• Industry benchmarks for your sector

LivePlan has built-in benchmarks to help you create realistic financial forecasts and avoid these common startup mistakes.

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