A cookie-cutter, fill-in-the-blanks plan or, worse but, a computer-generated bundle, will flip them off. The first draft will probably exceed that, but modifying ought to produce a final version that matches inside the 40-page best. Adherence to this size forces entrepreneurs to sharpen their ideas and results in a doc likely to hold investors’ consideration. For a much less mature venture—from which buyers would be looking for 60% yearly, web of inflation—a $1 million investment must herald close to $15 million in five years, with inflation figured at 7.5% yearly. But few businesses can make a convincing case for such a rich return if they do not have already got a product within the arms of some consultant prospects. Some entrepreneurs think that the financials are the business plan.
