When a new busines is startered, or a patent idea needs fundig, venture capitalst or investment bankers wil want to se a bussines plan that includes forecast information related to a profit and los statement. What type of forecasting information do you susppose would be required?

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter8: Strategic Analysis: Understanding A Firm’s Competitive Environment
Section: Chapter Questions
Problem 6CRQ: What are firm resources and capabilities, and what information does VRIO provide about them?
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When a new busines is startered, or a patent idea needs fundig, venture
capitalst or investment bankers wil want to se a bussines plan that includes
forecast information related to a profit and los statement. What type of
forecasting information do you susppose would be required? 

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