Business Plan Tips
How much technical information should you include?
When writing your business plan, you might wonder how much detail to provide about the technology you employ. A plan for internal use only can tell all, but be careful not to let it reach the wrong hands. A plan for venture capitalists should contain fewer details, since they’re often experts in their fields but can’t guarantee confidentiality. Bankers care less about details, so a basic outline should do.
When writing your business plan, you might wonder how much detail to provide about the technology you employ. A plan for internal use only can tell all, but be careful not to let it reach the wrong hands. A plan for venture capitalists should contain fewer details, since they’re often experts in their fields but can’t guarantee confidentiality. Bankers care less about details, so a basic outline should do.
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