Understanding the risks. Predicting the dangers and making a decision around them. Pretty much sums up financial modelling. ABSOLUTELY NOT! It is actually the process of taking into account all the factors.
You should include the growth, risk factors, potential hazards, and various other elements before you even start thinking about the plan. It pretty much enables the user to be known to all the elements of financial forecasting.
If you do not have a basic idea of financial modelling, you are not alone. In this article, we will check out everything you need to know about it.
Source URL: https://medium.com/@crescogroup9/financial-modelling-101-all-you-need-to-know-cdde24c10235
