Question

Imagine you are a Sales Manager of Company XYZ. Explain Sales Budget and your responsibility as a Sales Manager?

Answer 1

1. Generally speaking, the sales budget serves as the foundation upon which all other budgets are constructed.
2. It establishes the company’s revenue targets.
3. In essence, a sales budget is an estimate of the sales that will be made over a given future period.
4. The creation and implementation of this budget are directly under the control of the sales manager. I shall therefore be directly in charge of creating and carrying out this budget in my capacity as a sales manager.
5. The sales budget displays the breakdown of total sales by product, area, and month.