Forecasting for your business using outdated, clunky software slows your business and it eats up time you could spend on action items to grow.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