"We ARE going to make a profit, right?!"
Find out for yourself - in minutes! - without having to ask your accountant or bookkeeper. Use The ROI's PROFITS Forecaster.
New! Built-in PROFITS Trend Tracker makes it easy to spot any "speed bumps" that may loom up in your path.
The PROFITS Forecaster is a special retail Profit & Loss projecting tool developed by The Retail Owners Institute specifically for retailers.
All the formulas are built-in. No spreadsheets for you to have to set up. Available online, 24/7. Nothing to install! It just works!
In just minutes, see whether your planned combination of sales, margins and expenses will produce a profit for your business.
- You enter the numbers you already know: what you expect Sales and Gross Margin percents to be each month.
- The Expenses go in very quickly, by "buckets", or major categories. (Use The ROI's SPEEDY Expense Analyzer to sort your numbers, if need be.)
- 5 minutes - maximum - for the inputs. Really!
more info about Profit Planning INPUTS
more info about Expense "BUCKETS"
And that's it!
No need to guess whether you will have a profit.The PROFITS Forecaster turns those few entries into a monthly P&L for the 12-month period. Immediately see "the Bottom Line"!
Plus, see "the Big Picture" of the year's expenses, including as a percent of sales. Makes comparisons to prior years much easier (what are the trends?) Readily identify trouble spots – and opportunities.