"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.
Unlimited access for ROI Members. Just click and go!
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.