In business as well as seeking funds or investment for your business, honesty and transparency are key elements to hold.
In your proposal or pitching, lay everything bare before funders including potential risks or possible shortfalls and let them decide considering all the positives and negatives.
If a funder later discovers something that was not known at the initial stages, they could possibly withdraw or hold back from further investing in you or your business.
Therefore, it is prudent to be transparent and honest right from the beginning.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
GHS takes measures to check Mpox outbreak
31 minutes -
Five dead after tornado tears through St Louis
35 minutes -
Real Madrid confirm Dean Huijsen signing from Bournemouth
51 minutes -
Delegates walk out of FIFA congress after Infantino arrives late from Trump trip
1 hour -
Mahama must seek legislative backing for Code of Conduct – Ahiagbah
1 hour -
John-Paul Adjadeh: The visionary behind Ghana’s Premier alumni games
2 hours -
Israel launches major offensive to ‘seize and control’ areas of Gaza
2 hours -
32 youth receive business starter packs from Ghana Grows
2 hours -
NSA Boss visits reptile-breeding Azumah Nelson Youth Centre
2 hours -
It is unfair to blame gov’t for power crisis – Prof Sharif Khalid
2 hours -
Unpredictable cedi appreciation could hurt businesses – Kenneth Thompson warns
2 hours -
Cedi appreciation: We must build reserves that allow long-term predictability – Prof Bopkin
2 hours -
Nine reported killed in Russian strike on civilian bus in Ukraine
3 hours -
Inaction is the main cause of challenge in power sector – Ing. Amissah-Arthur
3 hours -
Ghana’s marine economy: A strategic choice between fishing and coastal tourism
3 hours