Do investors prefer a simplified or detailed business plan?
What type of business plan should be used when working with investors and raising startup capital? I have a simplified plan with 1, 3, and 5 year goals. My company is a new start up in Tech industry that is launching now. I am looking to raise several million dollars, so how detailed should my plan be and is there a specific style or form(s) I should use?
Proof of concept, proof of capability, proof of measurable plan (ROI too!)...and proof you have the energy and will to carry through with the whole shebang.
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