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  • About Us
    • Nick Setchell – RealTime CEO
    • Vistage & TEC WorkshopsNick Setchell has been working with Vistage, the world’s largest CEO organization, since 2001.
    • NewsSee what’s happening with RealTime CEO.
    • Economic Update Report
    • Contact UsReach out to us. If you’re interested in booking Nick to give a keynote address or workshop at your conference, please include the date and location.
  • Concepts
    • Fiscal Focus Financial Statement AnalysisUnlock the hidden numbers in your P&L and balance sheet to see how you’re performing in 11 vital metrics.
    • Should We? / Can We?View, in real time, the actual financial impact of the hundreds of business decisions your team makes every month.
    • 24 Month Rolling ForecastingBlend your trailing twelve months with a rolling 12-month forecast to get a complete financial picture of your business.
    • J Curve ManagementTrack the number of investments you’re undertaking, the 3 phases of each, and the 5 rules for managing them.
    • Return on Operations – ROOView your return on operations percentage — your ROO % — the most powerful number to measure business success.
    • CEO Performance AnalysisBenchmark your performance as a private-company CEO against others in your industry.
  • Resource Center
  • Blog
  • Login
  • SUBSCRIBE

How to Create and Update Forecast Aspirational Revenue

When forecasting is enabled, the software generates some initial numbers based on historical data.  These numbers need to be assessed and updated.

  1. Go to the Forecast Summary screen.
  2. Click the Edit pencil on the Aspirational Revenue line.
  3. Click Reset Aspiration to set the next 12 month’s revenue forecast amount.  RTC displays the past 12 months actual revenue.
  4. Select whether to enter the yearly amount as a Percentage of last year’s revenue, or by Manually entering it.
  5. Enter either the amount or percentage, depending on the method chosen.
  6. Click Next.
  7. Select whether to split the 12 month revenue forecast Evenly over the months, or set it to the Seasonal shape of the past 12 months.  You will have the ability to update the amounts afterward.
  8. Click Accept & Save.
  9. Optionally adjust the monthly amounts either by Percentage or amount (Final Target) if they need updating from the system calculations.
  10. Click Accept & Save.



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