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Member Breakfast Bites | Revenue Forecasting

Revenue forecasting – making confident projections for incoming funds to help guide decision making – is a vital competency, not only for finance and accounting staff but for all senior staffers and anyone else who oversees a budget. 

With ongoing social and economic uncertainty, strength in revenue forecasting could be the difference that keeps your organization above the fray, out of the pitfalls, and ahead of the pack. In addition, it can also make a big difference when it comes to making your case to funders.

Get set for 2021 with this relatable, practical, and timely class, where Senior Consultant Kathy Keeley will look back at 2020 for lessons learned and a forecast of what's next.

KEY CONCEPTS

  • What is revenue forecasting? What story does a revenue forecast tell? Why does it matter?
  • Methods used in revenue forecasting, and why to use one over another.
  • Making safe revenue projections and calculating revenue trends.
  • Revenue-critical takeaways from our work in 2020.

LEARNING OBJECTIVES

At the end of this course, you will be able to:

  • Define revenue forecasting. 
  • Explain multiple methods for revenue forecasting.
  • Calculate a revenue trend percentage.
  • Create revenue forecasts with quarterly, semi-annual, and annual overlooks.

AUDIENCE

This class is a perfect primer for program managers and other team members needing a focused introduction to revenue forecasting, and an ideal refresher for senior staff. Participants should have a working knowledge of basic finance, including the ability to read and interpret an income statement, and to build and review a program budget.

Program Stats:

Date

January 15, 2021

Time

8:30 am - 10:00 am EST

Address

Online Event
You will receive log-in information after registering for the event.

Registration Details

This program is free and exclusive to GCN member nonprofits. Member dues must be current when the meeting link is sent out the week of the session.

Questions? Contact us at [email protected] or 678-916-3080.


January 15, 2021