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Profit and Sales ProjectionsPAGE 2 Excel in Your SpreadsheetYoull need a spreadsheet program. Excel is the best without doubt (in my humble opinion).
Then, you create your spreadsheet from the first item on the list for GAAP projections, the Income Statement.
Youve found plenty of examples of those Im sure, so Ill not take the time to detail
it for you. Self-Service Secret: LocationSince your idea is self-service, here are a few things to consider. Whether you're talking gumball machines or car washes, self-service businesses rely strongly on location. From that location, you need a way to determine traffic. If you're talking gumball machines, then foot traffic. If youre talking car washes, then vehicular traffic. Traffic ResearchHow do you find traffic data? In the case of vehicular traffic, check with the local Department of
Transportation. In the case of foot traffic... well, thats a different story. You'll have do
some footwork of your own to get the numbers you need. Next, you need another factor, and that's how many of the 35,000 will go out of their way to insert a coin and get your product? continued
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