Download the paper that helps you with important what-if scenarios for your small business.
Excerpt: Suppose your boss, the Chief Financial Officer or Chief Strategy Officer, asked you how your company’s revenue would be impacted by a changing economic climate in coming years. How would you quantify the potential impact of specific events or variables?
Scenario-based planning is a tool designed to assist the development of strategies for operating in any of several contrasting business and economic environments that could lie ahead.
Download the attachment above to learn how to use statistical techniques of econometric modeling and multiple regression to project financial performance within scenario-based planning.
Download paper here via Deloitte | Econometric analysis | Scenario-based planning | CFO Center | Strategic analytics.