I think it’s safe to say that most small businesses would love to find grant money, but they commonly experience three big stumbling blocks:

1. They don’t know where to look for grant money
2. The proposal (grant response) process can be very intimidating
3. They don’t know how to handle the accounting (for tax purposes) of grant awards

Did you know that if you get a grant, it is reported as income on your taxes?  That’s right.  You’ll recieve a 1099-G to report the grant on your taxes as income.  However, it’s not as bad as it sounds…most grants aren’t given without a specific purpose or use, so the expenses that you incur actually performing whatever you proposed actually offsets the income.  If the numbers in your proposal are anywhere near correct, then your expenses should equal your income and it becomes a “wash”.

I’m finishing up writing a book about finding grant money for small businesses.  I hope to put the final touches on it in the next couple of weeks.  I expect to publish the ebook version of it sometime in February, along with some free e-courses and some free training materials here on my site.  The print version of the book should be available a few weeks after the electronic version.  At this point, the book covers the ways to find grants, proper formatting for your grant proposal, and it also lists over 100 current sources of grant money. 

I’m curious about your experiences, though.  Have you ever applied for a grant?  Did you find the process confusing or intimidating?  Have you ever had grant money awarded to you?  What did you think about the whole process?

Leave a comment and tell me about your experiences with grants, or what it is you’d like to learn about them.  If there’s something specific you’d like to see in the book or the online training, now would be the time to let me know.  I might do live training seminars, as well, if there is enough demand.  If you’d be interested, let me know and make sure you mention what city/state you’re in.

Thanks in advance for your help!  Be well.

P.S.  If you’d like to be notified when the online training or book becomes available, just sign up for my newsletter.  I’ll be giving my subscribers at least a week or two early notice and a discount code if they like the book.  Check your email a few minutes after subscribing, and be sure to click the “confirm” link.

P.S.S.   I’d like you to do me a favor.  If you haven’t done so yet, please take my quick survey here.  It’s only six questions and shouldn’t take more than a minute or two to complete.  It will help me create the content you want and need.

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