> You don’t go into a banking situation, without telling them the type of business, and the type of profit that you expect.

But that's because you're not just banking with someone, you're asking them for a loan. That money has a cost associated with it so the bank quite reasonably wants an indication you're able and likely to repay it.

Waste is waste under any economic model: if the input costs in whatever form they take exceed outputs the endeavor isn't viable.