How To Create Quarterly Income Projections

Have you ever wondered how to plan & organize your business using quarterly income projections so you can predict your future income?

Making sales becomes easy when you know exactly what actions need to be taken regarding your sales in order to hit your monetary goals.

What Is A Quarterly Income Projection?

A quarterly income projection is a simple prediction of what you wish for your sales to look like.

With quarterly income projections, you plan for sales success by breaking the quarter down into months.

Then, it’s broken down into weeks so you know exactly what sales need to be made when in order to hit revenue goals.

Basically, you are doing the math before any sales ever happen so you stay on track & have a better idea of what actions are required in your business so you can truly make results happen.

Consistent Income

Here at Passion Profit CEO, we see it all the time, many startup entrepreneurs know they want to reach 6 or even 7 figures fast but they often don’t know what that actually entails.

Many new business owners are just randomly throwing spaghetti offers at the wall and seeing very inconsistent income.

Have you ever found yourself just throwing offers out there hoping something sticks so that you can just make any kind of money proving to yourself you have a business?

Something is better than nothing, right?! It definitely doesn’t have to be that way.

When it comes to monetary goal achievement it’s no different than any kind of goal in life.

You have to have the overall goal but then break it down into actionable milestones.

Doing so allows you to have a guide for progress achievement.

They say progress = satisfaction which = happiness.

That’s why we help our clients perform quarterly income projections so they can have more clarity & create consistent income faster.

3 Types Of Income Projection Clarity

1. Clarity of knowing when you are going to make sales.
2. Clarity of knowing what offers you are going to launch into the world.
3. Clarity of knowing how many offers you need to sell.

Having immense clarity on your business is the first step of creating a business plan that has flow where you can work around the lifestyle you want to live instead of living to work.

Danielle’s Story Using Quarterly Income Projections

I was one of those business owners that was just throwing those spaghetti offers at the wall working from daylight to dark 60+ hours a week with no real plan.

Nothing was working that stuck and was consistent & left me wondering why nothing seemed to work for me.

Then I really started watching what other major companies were doing.

Their actions definitely weren’t like mine.

And then I came to the conclusion that in order to do what they were doing, it was going to take some serious thought, planning, & organization.

Then, I started doing two things:

1. The first, was creating quarterly projections for sales which helped me get clear on my what I was selling & when.
2.  The second, was creating an in-depth business plan to be super intentional with all actions leading up to the sale including the content I was marketing.

It changed my life & the trajectory of my business. The first month I incorporated this, I made $2500 after a couple of years of making $500 here & $17 there.

Since it’s just gotten better & better as time has gone on & I have improved the skill.

In my husband’s general contracting business, it was the same.

In his first year implementing the income projections, he didn’t follow through with the necessary actions so business was lower.

Then, the second year his actions matched the plan & he hit his first $64K.

Before that, it was $28K we had been used to living on.

So what will implementing income projections make possible for you?

A sell is the sum of small wise intentional efforts repeated consistently with confidence. 

 

This Weeks Training

In this week’s training, watch as I teach how to use a quarterly projections worksheet to plan your income.

Once you begin using income projections you can more easily see what is actually required to make the goals happen easier.

In the training, I gave an example of a $17 offer and pointed out in the training what that would actually look like if using relationship building as the selling method and stated that this exact reason is why creating a scalable offer is so important.

The Goal

The goal for any business should be to have a well-organized & managed business with an offer ecosystem to hit your numbers & the simpler the better.

That’s why Passion Profit CEO is adamite about our clients having an in-depth business plan.

Money is then easily injected into the business without too much time focused on 1 area of business.

All areas then work together systematically to generate high volumes of income.

 Quarterly Income Projections Conclusion

If you want to hit big goals you have to know what actions to take. The quarterly income projection worksheet is a great step in the right direction to help you gain clarity on the reality of your unique launches, sales, & the need for higher-quality future offers.

Be sure to grab your workbook today & start projecting this quarter’s income.

Ready For Support?

When starting your business, it can be quite overwhelming not knowing where to put your focus & how to structure your business while learning & growing. Schedule your In-Depth Strategic Business Planning Consultation today to get support from Danielle allowing her to assist you in planning your virtual business. Not only will you have clarity on the structure of your business but your business will align with your personality so that it is easy to market, sell, & serve big.

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