Deflate your business plan's cushion

04/7/2010 | Planning Startups Stories blog

Angel investors like to know that you're responsible with their money. What they don't want to see, according to Tim Berry, is a business plan that calls for a large cash cushion that never gets touched. Either spend more to promote growth, or ask for less money, Berry advises, noting that you shouldn't expect investors to write checks for your peace of mind.

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