*** Detailed Use Of Funds ***A quality business plan will include a Detailed Use of Funds. This document can be used in initial conversations before the entire business plan is submitted. The Detailed Use of Funds will provide very specific detail as to what the funds will be used for. If the funds will be used to purchase equipment, then the manufacturer, equipment type, model, etc., should be listed and each piece of equipment priced. If there is going to be shipping and installation expenses, which are included as part of the cost of acquiring the equipment, then the details need to be provided.
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