headermask image

Business Tools Blog

category archive listing Category Archives: Forecasting

Valuable Business Lesson from Ron Beaumont

How Rob Beaumont’s question, “What makes you smarter today than you were yesterday?” changed the way I forecast

Sales Stages - what do they mean?

Sales Stages used to forecast sales

Implied Days to Install - a backlog / financial metric

How to calculate Implied Days

Excel Tip - changing dates to the End of Month

Step by Step instructions to use the end of month EOMONTH command

Telecom Recurring Revenue Forecasting … what is the rule of 78’s?

The rule of 78’s is a simple math for those who need to estimate recurring revenue or recurring expense over the next 12 months.   For example, Jim Crowe, Level 3 CEO,  used the rule of 78’s to explain Level 3’s revenue on the Q1 2008 Earnings Call.
 
Formula –
 
(Current run rate) + (average monthly net […]