In the venture-capital process,________ is(are)absolutely essential for preliminary screening.

Question

Quizplus · Accepted Answer

A business plan is absolutely essential for preliminary screening in the venture-capital process. It is used by venture capitalists to evaluate the feasibility and potential of the proposed business idea. The business plan usually contains information about the market, competitors, management team, financial projections, and other important aspects of the business. This information is crucial for venture capitalists to determine whether or not to invest in the business.

In the Venture-Capital Process,________ Is(are)absolutely Essential for Preliminary Screening