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DOWNLOAD and SAVE to your device to save your work. JOURNEYER BUSINESS FINANCIAL STRATEGYCalculating YearoverYear Growth Crunching the NumbersBusiness owners are constantly searching for ways to measure
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How to fill out calculating year-over-year growth

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Step 1: Choose a specific time period
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Step 2: Calculate the value for the starting point of the time period
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Step 3: Calculate the value for the ending point of the time period
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Step 4: Subtract the starting value from the ending value
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Step 5: Divide the difference by the starting value
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Step 6: Multiply the result by 100 to get the year-over-year growth rate

Who needs calculating year-over-year growth?

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Businesses wanting to analyze their performance over time
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Economists studying economic trends
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Financial analysts evaluating a company's financial health
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Investors looking for growth opportunities
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Marketing professionals tracking sales or market share growth
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Year-over-year growth calculates the percentage change in a certain metric from one year to the next.
Businesses and organizations are typically required to calculate and report year-over-year growth.
To calculate year-over-year growth, subtract the previous year's metric from the current year's metric, divide by the previous year's metric, and multiply by 100 to get the percentage change.
The purpose of calculating year-over-year growth is to analyze trends and measure the performance of a business or organization over time.
The specific metric being measured and the percentage change from the previous year must be reported when calculating year-over-year growth.
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