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Old 24th July 2001 | 15:24
  #46 (permalink)  
Boss Raptor

 
Joined: Nov 2000
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From: London,Bucharest...wherever...
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Whilst discussion of the business plan is of course relevant as many people will no doubt echo the tendency in the industry particularly with regard to financing a start up tends to be the credibility and track record of the principal and or their associates and their acceptance within the banking industry as good risks...

Unfortunately the technical merits of the aircraft/business plan tends to be a secondary factor in my experience...

However good the business plan is if the individual has no, or worse still a poor track record then whether it is a Tristar or a Saturn rocket becomes very much academic...

The principal is the key...after all no one would want to work for or trust one who was a fraud, running from debt etc. etc or perhaps worse!
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