Financial Scenario Planning in Times of Crisis

Forbes reports on financial scenario planning for business owners under different scenarios.  The article states “Each of us, as financial stewards, must evaluate our firms' financial plans and adjust as necessary, given the uncertainty in today's market environment. We then must be prepared to act on a range of outcomes. To do that, scenario planning is vital.”

“One of my tips for forecasting in times like these is to give yourself a wider than normal margin of error when creating your forecast models. Once you have your top line revenue range, the next step is to understand your underlying cost structure and the actions required to manage costs in alignment with that spectrum.”  Read the full article 

Beaufort Wealth Management is a firm of Independent Financial Advisers based in Warwickshire. We provide individuals and businesses with a bespoke service, tailoring financial solutions to their needs and objectives.

We understand that each individual is unique, and every business has different goals and aspirations. Our use of cash flow planning facilitates scenario planning to help you visualise your financial future based on several alternative scenarios.