Hot Topic: Do you know of any grants? - Video

Do you know of any grants? This is a common question for many business owners. Grants are great! Free money is always good.

However we need to ask ourselves, are we really ready for a grant? Grantors want to see the impact to the community. They want to know the money are in good hands.

Here are 3 questions to ask before applying for a grant:

Are the books in order? : Financial statements should be clean and accurate. Bank and credit card reconciliation should be completed. Loans and fixed assets recorded properly.

What is the plan for the grant?: Document how the funds will be spent and impact to the business (i.e. cash flow).

What other things come along with the grant?: will they assist with marketing, open their network to you, or provide any other assistance. Sometimes free money is not always good money.

If are ready to be grant ready and need help organizing your books, message us to schedule a free consultation.

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Keeping Accounting Simple

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