A new venture should identify anticipated costs of opening the business, and project, month by month, the expenses that reasonably can be expected for the first one to three years. This is usually done in the ___________.

Question

Quizplus · Accepted Answer

This is typically done in the new-venture plan, which outlines the business model, anticipated costs, and projected expenses to give investors and stakeholders an overview of the company's financial planning and potential.

A New Venture Should Identify Anticipated Costs of Opening the Business