It can be extremely frustrating, but there are two very common reasons why applications are turned down. Either you didn't fill in the application correctly, or the funder didn't have confidence in your ability to deliver. So how do you avoid these pitfalls?
Tag: Business planning
I think of cars in terms of how useful they are in my life, and how easy or hard they make it. And that can be a useful lens to inspect your company strategy as well. Is your business plan working well? Or is it due for a service and MOT? Or even an upgrade to a better model? Cars don't last forever, and neither does your first shot at a business plan. Which of these types of car does your current business planning most resemble?
Small changes? Is that really an adequate response to the world today? Many businesses do not want the risk of radical action, so the power of one uses the theory of marginal gains to deliver cumulative growth through ongoing small changes at much lower cost and risk.