From the course: Creating Growth Projections for Your Business
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Determining growth projections
From the course: Creating Growth Projections for Your Business
Determining growth projections
- Determining your growth projections. Now, what I want to do is I want to walk you step by step through a process that I've created for you that will really get you to nail down your growth projections for your business plan, all right? So, the first thing that I want to make sure that you understand is that, remember, you can't control the industry growth rates. What you can do is you can control your positioning around it. You can control how you use those growth rates overall in your business plan. And you can control how you create the story. And that's what we're going to work on today. So our goal is to present our business in the best possible light and our growth projections in the best possible light. Here are the five steps that we want to go through. First is you want to research the market. And I'm going to take you through step by step how to do that. Second is we want to position our business for growth.…
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Contents
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Determining growth projections1m 2s
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Researching growth rates10m 1s
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Positioning your business for growth4m 13s
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Telling a growth story56s
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Calculating CAGR (compound annual growth rate)4m 23s
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Drone market case study7m 7s
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Troubleshooting growth projections48s
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