New businesses need a(n)________ to estimate the required size of a plant,store,or office,to decide how much inventory to carry,and to determine how many employees to hire.

Question

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A sales forecast is a projection of future sales revenue. This is crucial for new businesses to estimate the size of their operations, how much inventory to carry, and how many employees to hire. A financial plan and cash budget are also important, but they are more focused on managing finances rather than determining the size of the business. An objective is a goal or target to aim for, but it does not provide specific information about the business's size or operations.

New Businesses Need A(n)________ to Estimate the Required Size of a Plant,store,or