On Sun Jan 19 at 03:11, Bob wrote to David:
BFH> I did a business plan but the part I don't like is revealing all
BFH> the detailed cost and profit to some banker. I don't really thing
BFH> that the banker or even a patent attorney keeps secrets well.
Giving ones business plan to the banker has been a sore point with me for the
longest time. I can understand the giving of a Financial Statement. Anybody
that lends money wants to know what the borrower has, what volume of business
one is handling and what other liabilities one has. But a business plan as
to how and what I am going to do, is like giving away a trade secret.
It gets worth when one is just starting a new business. One is telling
someone else of a 'good idea' before it has a chance to get started on it.
As there is no such a thing as a 'confidentiality' this brand new idea can
land in the hands of someone else before the original person can establish it
self in it.
But what can be done about it?
...Vija
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