Women's Business Grants


 

Women's Business Grants - Women's Financial Fund

17 business plan mistakes that could jeopardize getting a business grant
Tip # 14 - Be aware and detail your risks

Sure, we would all like our businesses to fall into the "no fail" category, but all businesses - even the ones with huge potential - can and will fail if you do not recognize any associated risks with your business. Consider your business plan as a way to market yourself when applying for a grant, and if you are saying there is absolutely no risk of failure, you will definitely raise questions.

People tend to think showing any weakness is a failure but its not. It is more important to show the risk and how you are prepared to handle it than pretending there is no risk at all. And, just as importantly, you are showing that you are aware there is a potential risk.

Next... Business Plan Mistakes # 15 or Return to the beginning

 


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