How can you identify potential threats to your business using scenario analysis?
Scenario analysis is a powerful tool for budgeting and forecasting, as it allows you to explore how different events and uncertainties could affect your business performance and financial position. By creating and comparing multiple scenarios, you can identify potential threats and opportunities, and prepare contingency plans accordingly. In this article, we will show you how to use scenario analysis to identify potential threats to your business, and provide some tips and examples to help you get started.
-
Mahmoud IsmailBudgeting | Costing | Controlling | Reporting | Data analysis | Debt Management
-
Waheed AhmadDirector @ Fatima Group | CFO| Business Growth & Profitability strategist | Improve business Drivers |Digital…
-
Adrian Reese ACAFinancial Planning & Analysis | Wealth & Asset Mgt CFO | Strategic Decision Support | CCAR