From the course: Excel for Business Analysts

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Growing revenue with business analytics

Growing revenue with business analytics - Microsoft Excel Tutorial

From the course: Excel for Business Analysts

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Growing revenue with business analytics

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- [Instructor] A big part of business analytics is simply being able to do modeling to understand the different results the business is going to face. That could be in the form of financial modeling like for sales or profits. It could be in the form of operations to understand say deliveries or production constraints or it could be in the form of marketing. There's a variety of different areas where this type of modeling will come up. But regardless of your functional area, Excel can help with this. I'm in the 04 04 Begin Excel file. Now what we have here is a simple set of financial statements and a budget for a firm, right? And this is all hypothetical, but we're at a point at the end of 2020, and the firm is trying to figure out what they want to do going forward in 2021 because they have a little bit of a problem. They've been losing money so far. And while they had plenty of cash to start with, they're bleeding…

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