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Summarizing for a Lending Institution

Summarizing for a Lending Institution
At this point in the start-up process, it is time to present your idea to funding sources. Suppose you go to a bank for funds. Normally, the lending officer will give you 10–15 minutes to present your business idea. If the idea is of interest, the lending officer will give you a list of items he or she would like to see in a formal business plan.

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