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profitability

Your Profits Are Way Too High!

by Tim Berry on April 10, 2009

in Angel investment, Business plan marathon, Venture Capital, Venture Contests

Business plans everywhere. I’m reading, annotating, filling in score sheets, and getting cranky. I explained that on this blog last Monday.
So what’s with the unrealistically high profitability projections? This year it seems like I’ve discovered a new 50-50 rule of profitability in business plans, as in, 50% of the plans I’m looking at project 50% [...]

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