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Different Business Plans for Different Readers

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  Did you know that the business plan you produce will be slightly different, depending upon who you are presenting it to? Yes it will and this is a good thing to remember when writing your business plan. For a Venture Capitalist: These are high net worth individuals or companies who want to invest in a business and get out of the business taking a healthy profit. Typically a venture capitalist represents a group of investing companies and individuals backed by companies. It is rare that they use their own money to invest. They also tend to invest large amounts of money after carefully reviewing the investment risk appertaining to the company seeking investment. This means that they tend to seek out companies that are already established and seeking to expand or grow quickly. They expect a high rate of return for their investment, typically over 25% of their investment. A Venture Capitalist will expect a high level of control over the company and usually a seat on the board of dire...