Once you know where you are at now, then you need to know where you want to be next in one, five, ten, and twenty years. Forecasting your business revenue is important so that you can develop your operational and staffing plans to help make your business a success.
Including your budget and projections in your business plan will help you avoid expenses in the future. Incorporating aggressive projections can be inspiring as you see what that would do for the bottom line of your company.