The economy continues to bump along with little growth.
However, this stagnation can mean that the acquisition of teams or
businesses is completed more cost effectively – our clients
are seeing opportunities.
The assessment of value should include a view regarding the
viability of the target's business plan. The need for robust
models is particularly acute at a time when economic conditions are
difficult. Many spreadsheets evolve over time without
well-structured design, no integrity checks and are poorly
documented. Making a relatively simple change can often take a long
time, result in errors and/or have unexpected consequences.
Building the model
The development of business plan models should normally include
the following steps.
