Women's Business Grants


 

Women's Business Grants - Women's Financial Fund

17 business plan mistakes that could jeopardize getting a business grant
Tip # 10 - Being vague is a sign of weakness

Just as you have to provide some background or explanations if you are getting pretty technical in your business plan, being too vague and unspecific can be a deal breaker too. And being too vague can often make people believe your overall business plan is weak, when in reality you might have only skimmed over details for competitive reasons.

If you are worried about releasing confidential information, a business grant may be the wrong route for you, since most will not sign a noncompete and/or non-disclosure agreement just to see it. However, if you are going the route of a bank loan or investor, asking them to sign a noncomplete and/or non-disclosure can be pretty standard, especially depending on the field and if it is proprietary in nature.

Next... Business Plan Mistakes # 11 or Return to the beginning

 


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