Quote:
Originally Posted by Monticore
So people screaming at the inaccuracies of the COVID models and guestimates are going all in on the financial models and guestimates.
|
The questions are so much easier to ask and answer for a business. You know the costs to operate. You know the revenue needed to be profitable. From there it’s pretty easy to insert numbers to know if a business will succeed. So while not perfect the models are much more likely to be accurate because the inputs and formulas are so much easier.