133: Creating a Sales Plan | Setting a Sales Target and Filling In Your Sales Gaps
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As we enter another quarter and plan out our goals for revenue and profit, it’s important not to forget how to reach them: your sales plan. I find that a lot of business owners don’t include a sales plan in their quarterly process, so in this episode, I’m sharing exactly what a sales plan entails, why you need one, and how to outline one for your business this quarter.
Are you ready to create a high profit business strategy that grows your business, profits, and bank account? Then join my FREE Profit Plan Challenge and I'll walk you through daily trainings and assignments to help you create a profitable, sustainable, and aligned business.
🚀 https://sarahhyoung.com/profitplan
Links mentioned:
- Join my Free Profit Plan Challenge
- Listen to Ep. 15: Calculate Your Monthly Baseline Revenue
- Listen to Ep. 114: Increase Your Profit with Monthly Recurring Revenue
In this episode, you'll learn:
- 0:00 Different approaches to sales plans
- 2:25 What is a sales plan and why do you need one?
- 5:21 Step 1: Calculate your intentional, reality-based sales goal
- 6:54 Step 2: Look at the revenue you already booked for the quarter
- 8:07 Step 3: Identify your sales gap and action plan
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I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
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