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Product Development and the Business Plan

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Which section or sections of a business plan submitted to venture capitalists are the strongest and which sections are traditionally the weakest? Identify and discuss at least two weak sections of traditional business plans.

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Solution Summary

This solution discusses the section(s) of the business plan that should be submitted to venture capitalists for the strongest, most viable business venture appearance. The weakest sections of traditional business plans are also discussed.

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Problem: Which section or sections of a business plan submitted to venture capitalists are the strongest and which sections are traditionally the weakest? Identify and discuss at least two weak sections of traditional business plans.

Solution:
Traditional business plans have several sections, and they can have more, depending on the format that is used. It is typical for a business plan to incorporate sections regarding market analyses, financing, management, organizational structure, the services or ...

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