Question: I'm looking for a framework to assess the potential costs and benefits of a strategic business decision, do you know of any tools?

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Rationale

If you need a framework to evaluate the costs and benefits of a strategic business decision, Rationale is a great option. This tool, powered by large language model GPT4 and in-context learning, offers a structured framework to evaluate options and outcomes. It offers tools like Pros and Cons Analysis, Cost-Benefit Analysis, SWOT Analysis and Multi-Option Analysis, and is suitable for both business and personal decision-making.

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Strategizing App

Another great option is the Strategizing App, an AI business planning and strategic thinking tool. It combines your input with AI-generated strategies to build business models and strategic frameworks. The app has a simple interface and a library of strategic templates, including Business Model Canvas and SWOT Analysis, that you can use to try out ideas and proposals.

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whatifi

For financial modeling and forecasting, whatifi is a great tool to build and share "what if" cash flow forecasts and financial models in real-time. It has a decision-tree-like interface to follow transactions and calculations, and integrates with common financial software like Excel and QuickBooks. The tool is geared for founders and financial decision-makers who want to quickly evaluate different business scenarios and make better decisions.

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PrometAI

Last, PrometAI is an AI business plan generator that leads you through the planning process with a suite of strategy tools and precise valuation methods. It includes tools like SWOT analysis and detailed financial reports, so it's good for a variety of industries and business models. The tool automates much of the planning process by filling in parts of your plan, so it's good for larger businesses.

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