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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