TIP: Click on subject to list as thread! ANSI
echo: home_office
to: VIJA ABOLINS
from: GARLAND COULSON
date: 1997-01-25 16:13:00
subject: Business Plan

 VA> Giving ones business plan to the banker has been a sore point with me 
for 
 VA> the longest time.  I can understand the giving of a 
 VA> Financial Statement.  Anybody that lends money wants to 
 VA> know what the borrower has, what volume of business one 
 VA> is handling and what other liabilities one has.  But a 
 VA> business plan as to how and what I am going to do, is 
 VA> like giving away a trade secret.
The business plan is the only way the banker can tell if you have a good 
chance of success.  In the absence of security, how else can he judge the 
risk?
Ask your banker to sign a confidentiality agreement drawn up by your lawyer.
Garland Coulson
Common Sense Solutions
*because common-sense, isn't*
Time Management Help
--- Maximus 2.01wb
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* Origin: Applied Technology BBS [604] 946-5814 (1:153/951)

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