Forecasting for your business using outdated, clunky software slows your business and it eats up time you could spend on action items to grow. Forecastr fixes that pain point. It’s an online software platform that helps founders build great financial models, so they can make better decisions, impress investors, and get funded. Through Forecastr, you can quickly see your current revenue streams, expected growth, expenses and more -- so you can focus on the areas that need your attention the most.

Because what they do is so timely for Startup Competitors, CEO and co-founder, Logan Burchett, and I went through the Forecastr platform together. He showed me how it works, what forecasting it does automatically, and how it can help keep my business on track. I even recorded a video stream, too, so you can follow along. To find out more about Forecastr, or to schedule a meeting with their team, go to their website at: https://www.forecastr.co/.

Topics In This Episode

Revenue streams and formula

Choose from multiple revenue types to populate suggested applicable fields

Input data such as start date, customer / subscriber numbers, more

Forecast monthly / yearly growth based on input percentage or estimations

Customer acquisition funnels and planning

Retain subscriptions, churn rate, more

Quantify acquisition costs (such as advertising); identify unprofitable campaigns

Forecast base income and customer retention to identify needed focuses

Estimate time frame for profitability (investors want to know this!)

Input and remove brainstormed strategies to determine best courses of action

Hiring, outsourcing / contract labor

Input budget impact, track costs

Identify future needs to plan ahead

Additional financials

Hosting, taxes, fees, etc.

Revenue shares, profit distribution, salaries for executives

The Dashboard -- Gives solid numbers to

Highlight goals

Track expectations and achievements

Pinpoint areas that need attention

Contact Info

Website: forecastr.co

Email: [email protected]

LinkedIn: linkedin.com/company/forecastr