

Strategic thinking is almost always enhanced by a carefully developed multi-year forecast of financial operating results. Whenever uncertainty is present, a range of forecast outcomes should be considered as part of comprehensive due diligence. Thoughtful forecasts can answer questions like: “What are the critical assumptions in our strategic plan about which we cannot afford to be wrong?” “What will our financial results look like at their probable best and worst?” Forecasts such as these are most easily made and analyzed when computer-based financial models are available.