What is a prospectus and what does it include?

What will be an ideal response?

Usually, the prospectus describes the perceived business opportunity, outlines the firm's strategy for exploiting it,
and details its current products and activities, generally in the context of the company's overall expansion strategy.
The firm must clearly define its vision and describe its mission, business initiatives, and objectives. The business
plan should also spell out the firm's approach to the five elements of strategy and the implementation levers
necessary for executing its strategy, and it should do so in a way that's clear and compelling for potential investors.
Because investors will want to know what goals the firm has set for itself, treatment of staging is especially
important.