In this episode, Sonja Jones discusses grants and funding for businesses. She emphasizes the importance of positioning businesses to win grants and highlights three essential requirements for grant applications: a funding plan, knowing your numbers, and describing community impact. Sonja also provides insights into financial questions commonly asked in grant applications, such as revenue history, top income sources, and top expenditures. She encourages businesses to think outside the box when demonstrating community impact and offers tips on how to serve the community and showcase expertise. The episode concludes with the reminder that grants require businesses to have a solid reputation and the potential to double their impact.
Takeaways:
- Position your business to win grants by having a funding plan, knowing your numbers, and describing community impact.
- Be prepared to answer financial questions in grant applications, such as revenue history, top income sources, and top expenditures.
- Think outside the box when demonstrating community impact and consider offering workshops, partnering with local organizations, and investing in vendor booths.
- Grants require businesses to have a solid reputation and the potential to double their impact.
Don't miss out on expert advice for managing your business finances successfully!
#grants #finance #buildingyourbrand #business #businesssuccess #podcastthursday
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