Stress Testing
Stress test analysis enables entrepreneurs to quantify the potential impact of various risks on their business model, and what to do about it. Are you aware of your business vulnerabilities?
Key Areas of Coverage
Hypothesis Testing
Risk Quantification
Strategic Direction
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High Level Description
This is a vital tool to assess the ability of the business to withstand shocks, threats and risks. E.g. what if something unexpected happens, like a global pandemic? The tool allows to test hypotheses, and based on result of analysis refine strategies
When to use Template
To evaluate the business model strengths, versus weaknesses and threats, and prepare for potential challenges, uncertainties and risks
Why use Template
Stress test analysis enables entrepreneurs to quantify the potential impact of various risks on their business model, and what to do about it. Are you aware of your business vulnerabilities?
Additional Information
Stress tests can use historical, hypothetical, or simulated scenarios
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