“I have often heard investors state that they do not read business plans, implying that entrepreneurs need not write them. I disagree. Entrepreneurs need to write business plans.” See Bill’s recent article on business plans.
Posts Tagged 'investors'
Business Plans – Why Write Them? Too often you read about investors who suggest to entrepreneurs that business plans are unimportant and they never read them. I think this is poor advice for entrepreneurs, because business plans are not just written for investors. Writing business plans forces entrepreneurs to think through and then describe in […]
Software Startups – Made for Angels Over the past couple of decades, angels have consistently chosen to invest in software deals, more frequently than ventures in other sectors. Software companies generally scale quickly and produce high gross margins. When coupled with a great management team and a significant head start, software companies can produce wonderful […]