Do you agree that estimations and and assumptions are good manipulators in business?

[Starmix]

I firmly agree that business estimations and assumptions are good manipulators in business. It's simply because while you're assuming of your profit you're also estimating the feasible figure, thus letting your mind manipulate the possibility of increase - decrease assumption probability.

That's the index of your assumptions by manipulating the figures by setting aside the designations of each like current bills, workers salaries, loan liabilities if there is and more. It's not easy but through the power of your mind is where you can prepare for the worse and embrace what is beneficial for the business. You can apply the theory of probability.

 

[Suba]

It would be better if the estimations and assumptions were hopes, not manipulation, which means they will influence other people. Every company makes estimates of sales, cash flows, etc. not for other people but for internal parties in the company.

 

[Fidelia]

There is no way that you would be a business person without a sound skill of estimation. You would always want to estimate to the upper limit and the lower limit to keep your projections afloat.

 

[Starmix]

An assumption could be crucial if not able to hit what's being estimated from your target calculations. It's best if it's associated with and accurate estimation based on the input.

 

[Augusta]

Well business owners work with estimations all the time.Yiu know with business nothing is certain and your speculations might be false

 

[Starmix]

Manipulation happens if the person has a very good estimation qualification like good in Math. He can calculate the estimated sales in advance.