On Sat Jan 25 at 18:27, Rt wrote to Vija:
 RP> Ahhhhh, but there is a bit of "protection":
 RP>  corrupt bank officers that are caught "trading ideas openly" with 
 RP> anybody at all and who may cause to use an original idea, risk not 
 RP> only their jobs but also incurr the full wrath of Madame Justice. 
For an entrepreneur to go through the process of proving... is time consuming 
and to costly!  
My point is, that when a Bank lends money, regardless of the business plan, 
they still  secure the loan with ones personal assets.  Therefore the loan 
has been secured.  Why is there this additional need for a Business Plan?  
Yes, one has to show how the loan is going to be repaid.  Hmmm, no matter how 
you look at it - the Business Plan, while in a starting stage does not 
provide any guaranty - why then should one spend the time preparing it for 
the Bank? 
In my opinion it boils down to a simple trust.  The borrower knows if the 
loan is not going to be repaid, the assets assigned to it will be lost......  
 RP> other words, there's a "right way" and a "wrong way" to the
 RP> preparation of a new business' Business Plan. Build 'em up, keep
 RP> 'em there, and don't give away anything more than what is apparent:
 RP> how their monies will make monies for them.
They, The Bankers already know how their money is going to make money for 
them.  It is by charging high interest! :)
 RP> BTW, are you related to August Abolins ?
Yes I am. 
        ...Vija
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