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Scenario Planning—Helping your clients navigate uncertain business conditions

While macroeconomic factors, industry trends, and global issues have created an unpredictable business landscape, scenario planning can help your clients prepare their business for any situation. While we can never know exactly what’s coming, one way to set up your clients for success is to plan for multiple scenarios. What happens if sales are slower than anticipated or costs increase more than expected? What happens if your growth is exceeding expectations? Managing the business against multiple scenario plans allows your clients to jump on opportunity or mitigate risks in uncertain times.

Join Jirav and Paychex for a webinar where we’ll walk through how you can better equip your clients with the financial insights necessary to succeed (or survive) in uncertain times. In this session, we’ll cover scenario planning that’s purpose-built for any situation, so you’ll feel prepared to create plans that will help businesses stay resilient and successful through it all—ranging from high growth, business-as-usual, and apocalyptic, worst-case scenarios.

Learning objectives:

  • Understanding the basics and best practices of scenario planning
  • Performing monthly budget vs. actuals analysis (or variance analysis)
  • Common approaches to mitigating risk in down times
  • The cost of staffing adjustments

1 CPE Credit

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