Answer 2 for HCA 620 What accounting data is required for you to write your CLC Business Plan? 

I agree with the sentiments contained in your discussion. The financial section of a business plan plays an important role in determining whether investors and stakeholders buy into the idea. In a business plan, the financial section of a business plan contains three important sections including the income statement, the cash flow projection, and the balance sheet (McKeever, 2016). The explanation and analysis of the three sections play an important role in selling the business plan proposal. The operating expenses of a business proposal is particularly important as the information helps potential investors to determine the profitability of a venture. Thus, the information becomes very invaluable.

References

McKeever, M. (2016). How to write a business plan. Nolo.