Running the Business Income Model

This model simulates how a company operates, using a greatly simplified approach. It is a template to use for many different analyses. In order to run the model, you must:

• Customize, for the type of business under study. This will probably involve simplifying some of the blocks and subsystems while expanding others.

• Provide values for all the defined constant blocks in the model. These establish the base levels of key variables as well as growth rates. This could be done in an initialization file.

• Simulate the results over multiple years.

• Examine the results, correct any errors, and fine-tune the model to work properly and present the results properly.

• Run the final projections and save the results along with the important assumptions you made.

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