Importance of assumptions in financial planning

Case study of the ethical ramifications of firing workers
August 13, 2019
Determine the cost of the improvement plan.
August 13, 2019

Importance of assumptions in financial planning

Importance of assumptions in financial planning
Why is it important that physical assumptions precede financial results in the planning process? For example, what’s wrong with assuming you want a business that sells $ 50 million a year earning a profit of $ 5 million, and then building a revenue and cost plan to fit those goals?

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