Forecasting in your Product Business with Stefani Schoen

I had heard of forecasting for your business before, but before becoming Instagram friends with Stefani Shoen, I didn’t know how to implement it for my business. Through her Instagram and conversations with her, I have learned the incredible value that forecasting your business is and I know this will be a great episode for the end of the year!  That’s why episode 81 of the Product Powerhouse Podcast is about forecasting your business! 

In this episode of the Product Powerhouse Podcast, Stefani Schoen is sharing the importance of forecasting and actionable steps you can take right now to create a plan around your business to increase sales and decrease your stress around business finances. 

Some of the talking points I and Stefani Shoen go over in this episode include:

• Stefani’s journey from working with big corporations like Coach, to consulting, and how her platform and consulting journey has evolved in the last three years.
• The steps to start forecasting your sales and inventory needs based on sales you’ve already had.
• How a small business owner may implement these skills and information to better their small business, as well as prepare for the future of their business growth.
• Many small businesses can get hung up on forecasting and the result that will happen if they hit that forecasted goal or projection or not; Stefani discusses how to make sense of that feeling, and make the plan anyway.

As someone who was once intimidated by forecasting, after doing it myself I discovered how freeing it is and how much of a relief it can be, to get it done; and it wasn’t difficult either! So be sure to tune in to all the episodes to receive tons of practical tips on growing your product shop and to hear even more about the points outlined above.

Thank you for listening!

If you enjoyed this episode, take a screenshot of the episode to post in your stories and tag me!  And don’t forget to subscribe, rate and review the podcast and tell me your key takeaways!

Learn more about Product Powerhouse and Erin at https://productpowerhouse.co/podcast/

CONNECT WITH Stefani Schoen:

Instagram

website

CONNECT WITH ERIN ALEXANDER:

Facebook Community

Instagram

YouTube

DIY Shopify Course

Product Powerhouse Website

Show Notes