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It’s time to put what you’ve learned into practice!
There are three challenges to complete in this lesson:
- Cash flow and sales forecasting
- Identifying your partners and competitors
- Creating an experiment plan
Challenge 1: Cash Flow and Sales Forecasting
First, review the Grow-Well examples of a cash flow forecast and this example of a Grow-Well sales forecast. Next, use the templates below to work out your own cash flow and sales forecasts.
Cash Flow
Sales Forecast
Challenge 2: Identifying Partners and Competitors
Identify your partners and competitors, using this worksheet to help you. You’ll need your Landscape of Players analysis to complete this.
My Partners and Competitors
Challenge 3: Experiment Plan
Before you start with experiments, it’s essential to create a plan. Use the worksheet below to help you figure out what questions/unknowns you want to answer, and what experiments can help. You’ll need your Capabilities and Resources analysis, as well as your income analysis for this activity.