Many of my start-up clients that go into a fund raising round want to develop a "heavy" (i.e., many pages) business plan in reality is nothing more than expanding a 30-page PowerPoint presentation into 100 pages of full text. "The potential investor asked for it". A waste of time.
- People don't read it
- It takes a lot of time and money to write it
- It takes a loft of time and money to update it
- Nobody updates it