However, there are some other parameters that can be set at the same time. For other options, simply choose the Advanced tab. There are three core parameters that you need to be aware of. The first is the length of time you will store the history in your file. Microsoft Excel allows you to store over 32000 days worth of changes to your Excel file, however, there is a catch. All of that information is stored in your file and consequently your file will grow exponentially. Most organisations generally work on a maximum of 30 days and that is the default, however the value entered simply depends on your workbooks requirements. You can choose the second option which says, Don‘t Keep Change History. This simply ensures no changes are maintained.
Angel Investors are typically much better investors for a long-term business plan that Venture Capitalists, although they do not come usually with the incredible network to help you succeed. Venture Capitalists are more interested in themselves and making money on their investment then what you get out of it or the future of the business with you in it. An angel investor is interested in you, the future of the business and the possibility of making a whole lot of money on their investment. Please consider all this when presenting your business plan to an Angel Investor.