When a new business is started, or a patent idea needs funding, venture capitalists or investment bankers

Question:

When a new business is started, or a patent idea needs funding, venture capitalists or investment bankers will want to see a business plan that includes forecast information related to a profit and loss statement. What type of forecasting information do you suppose would be required?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Operations Management

ISBN: 978-0078024108

12th edition

Authors: William J Stevenson

Question Posted: