TIP: Click on subject to list as thread! ANSI
echo: home_office
to: BOB F HOWARD
from: VIJA ABOLINS
date: 1997-01-22 00:19:00
subject: Business Plan

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
--- FMail/386 1.0g
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* Origin: Kolico Communications, BANCROFT, Ontario (1:253/60.1)

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