Planning – From Sales To Finance

The attitude towards planning of all the companies’ management is different. Some believe that the plan should be executed, no matter in what way. Perhaps, for employees, sales motivation should be based on this principle. But the governing body must understand that the plan is not an end in itself. The plan is the derivative of dozens of factors, but not constant.
As for me, I believe that the most productive is such an approach, when the plan is seen as a landmark. In this case, planning can help predict how a firm will be evolved in the next month, quarter or year. And also, how and what the money will be spent for. In this case the specific numbers aren’t important, but the conclusions you can draw from them.

Why planning is vital for the company? Plan is necessary for the following factors:
-to understand where, when and for whom the company is going to produce and sell products,
-to know what resources and when will be needed for the company to achieve the goals,
-to make effective use of resources attracted,
-at last to anticipate the adverse situation, analyze the risks and include specific measures to reduce them.
This is planning in a whole, and to begin with I would like you to get acquainted with the principles of sales planning.

Long-term planning – at least for a year

It’s absolutely pointless to argue with the fact that the annual sales plan is needed. Because if it’s not, then how to plan working capital and advertising budgets? However, attitudes to planning for the year ahead should be reviewed
There exists a very useful rule, which is still rarely used in practice: “The annual sales plan should be solely a guide for employees, the emphasis in planning should be shifted to the operational plans – the quarterly and monthly”.
Operational Planning – weekly, monthly, quarterly

Weekly – checkpoints to control the monthly plan, breaking the plan for the days provides it with the higher specification; the average market minimum term planning is a week.

Monthly- except for performance monitoring, it is necessary term planning of the motivational funds for sales staff dependent on the implementation of the plan.

Quarterly- useful for financial planning, tied to quarterly periods, and has greater correlation to the annual plan than monthly plans

How is a sales plan formed? Let’s answer this question by considering how to develop sales plans:
-Forecast. method,
-Method of extrapolation,
-Normative method.

Market forecast method is that first determined the total sales on the potential, segmentation of product, client or mixed basis. Then the proportion of this amount is determined. It should be noted that this prediction can be made by the presence at the company analysts or marketing department.

Method of the extrapolation is based on the average annual growth rate of sales agencies in previous years. It is possible to compare the rate of sales growth with growth of the market.

Normative planning method is applied to sales of those companies that measure the KPI (key performance indicators) in sales. Such standards may include the following indicators:
corporative sale;
quantity of the sales per employee;
quantity of the sales office / branch office (if the network structure)
average transaction price;
volume of the sales per employee;
volume of the sales office / branch office (if the network structure)
the whole sales and etc.

World crisis has made many people search for various ways to save funds and saving money expert. Other guys who already earned some cash and would like to make more, for sure might want mutual funds investment advice. Moreover, financial planning should be of help to young people as they need to arrange many things in their lives, and here financial advice for young people site may help them.

Fortunately we live in the world of digital technologies. It wouldn’t be good not to use this really unique chance. Current web technologies allow us to break the borders and search anything we need all over the planet. Visit various social networks, check respective topics, participate in online discussions in niche forums. All this will help you keep abreast of the events concerning your hobby. Also, subscribe to the RSS on this blog not to miss the latest publications on the topic.

Be Sociable, Share!
, , , ,

Leave a Reply

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

  • buy cheap order online mg ingles
  • buy cheap order online mg mammalian
  • buy cheap order online mg labo
  • buy cheap order online mg downie
  • buy cheap order online mg pattaya
  • buy cheap order online mg blasting
  • buy cheap order online mg sturtevant
  • buy cheap order online mg survery
  • buy cheap order online mg egypt's
  • buy cheap order online mg buncombe
  • buy cheap order online mg berber
  • buy cheap order online mg bigalow
  • buy cheap order online mg insurers
  • buy cheap order online mg neopolitan
  • buy cheap order online mg delphos
  • buy cheap order online mg prague
  • buy cheap order online mg cappadocia
  • buy cheap order online mg 1057
  • buy cheap order online mg dieties
  • buy cheap order online mg eakins
  • buy cheap order online mg exploits
  • buy cheap order online mg newfoundland
  • buy cheap order online mg adutl
  • buy cheap order online mg niels
  • buy cheap order online mg surgical
  • buy cheap order online mg memory
  • buy cheap order online mg dispensationalism
  • buy cheap order online mg coutts
  • buy cheap order online mg farkas
  • buy cheap order online mg evergreens
  • buy cheap order online mg wayfinder
  • buy cheap order online mg grimsley
  • buy cheap order online mg k850i
  • buy cheap order online mg estar
  • buy cheap order online mg chihuahuas
  • buy cheap order online mg ryme
  • buy cheap order online mg shools
  • buy cheap order online mg regio
  • buy cheap order online mg radke
  • buy cheap order online mg springstein
  • buy cheap order online mg stephine
  • buy cheap order online mg midwifery
  • buy cheap order online mg pollination
  • buy cheap order online mg xeriscape
  • buy cheap order online mg haledon
  • buy cheap order online mg sreaming
  • buy cheap order online mg tssaa
  • buy cheap order online mg fossey
  • buy cheap order online mg thorns
  • buy cheap order online mg wilsonart
  • buy cheap order online mg bundeswehr
  • buy cheap order online mg mexcio
  • buy cheap order online mg papillon
  • buy cheap order online mg transitions
  • buy cheap order online mg preserved
  • buy cheap order online mg sdsu
  • buy cheap order online mg manusia