Sharon Peters, a friend of yours, asked you to sit in on a dry run of her
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Sharon Peters, a friend of yours, asked you to sit in on a dry run of her busi- ness plan presentation. You know that Sharon is looking for $250,000 to launch her venture. At the end of the presentation, you ask Sharon why she never mentioned how much money she's looking for. She replied. "That's a point of negotiation. I don't want to disclose how much I'm looking for or how much of the company I'm willing to give up, until I know how interested someone is in my venture. Discuss the pluses and minuses of Sharon's approach.
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Preparing Effective Business Plans An Entrepreneurial Approach
ISBN: 9780133506976
2nd Edition
Authors: Bruce Barringer
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