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Fundraising: How important is it for a two month old startup to have a business plan and/or financial projections when seeking seed from angel investors?
JG
JG
Jack G Hardy, Shirtsleeves, Hands-on Experience answered:

A startup plan defines your thinking and judgement! It clearly communicates five elements: your Idea, its Benefit and Target, your desired Perception and Reward. A Cash Flow projection shows how you will make this come to life. Say it all in four pages or less.

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