A Sensitivity Analysis Template allows you to show the impact of particular changes in your business plan.

For example, if your sales are higher than previously forecast, this can be reflected in the sensitivity analysis several times. The template will automatically modify your gross and net profits for each of those occasions, along with other applicable areas.

To give a detailed analysis, the template also covers:

• Sales
• Cost of sales
• Wages and salaries
• Sales and marketing
• Administration expenses
• Operating expenses
• Depreciation
• Operating income
• Interest on loans

This simple template is a fantastic resource for businesses, and should be used in conjunction with the ThinkBusiness.ie Business Plan Guide.

This post was originally published here - https://www.thinkbusiness.ie/articles/sales-plans/ on