Business Proposal Format

business-proposalOne of the important part of business venture is a business proposal. No one will invest and take your idea without thorough research on every aspect of your business idea.

Here are an example of business proposal format

Executive Summary

It contains the brief outline of the company’s purpose and goals. You must catch the attention of your reader by writing the most concise and informational summary. It should be fit on one or two pages which includes a brief description of products and services, objectives, description of the market, growth potential, and overview of funding requirements.

I. General Company Description

It provides company’s goals and objectives, business philosophy, and industry description.

II. Products and Services

It includes description of products and services and competitive advantages and disadvantages.

III. Marketing Plan

It should mention first the economic aspect such as total size of the market, current demand for your product, latest trends, and growth opportunity. Identify targeted customers or clients, their characteristics and geographic location. In addition, includes the list of competitors. At the end, you should provide your promotional strategies and budget information.

IV. Sales Forecast

It contains the sales forecast spreadsheets as well as the start up expenses worksheet.

V. Operational Plan

It covers the daily operation of the business, its location, equipment, people, processes and surrounding environment.

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Proposal Guides

Writing a proposal can be complicated but it can also be easy if you have al the resources needed to defend your proposal. The topic of your proposal should be worth answering or not been answered yet. In this way, you can propose or think a study that fit to your course.

The following are some guided for your proposal writing:

1.    Goals and objectives
Clear idea of the goals and objectives of the project proposal.  Your proposal should start with a clear idea of your goals and objectives of your proposal such as explaining why the work should be done

2.    Evidence
Provides evidence that your proposed project will be successful.

3.    Consider your resources
These resources are the books, magazines, journals, documents, internet, etc. that will help you to easily gather data and information’s that you need.

4.    Time limit
It is important to budget your time in preparing for the proposal. Always make a timetable for each activity to achieve your goal of finishing your proposal before the deadline for your defense. It is necessary to track down about the progress of your study.  Avoid to rush your study so that you can write the proper documentation.  Thesis or proposal takes so much time to complete.

5.    Advice from successful people
Get advice from persons who have been successful in the proposal process

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Sample Abstract

Proposed to use Energy Recovery Device

Abstract

proposal for energy recovery device

The main objective of this research is to conceptualize, design and study a system that will solve the existing problem encountered in ELITE Power Plant.  The Reverse Osmosis Plant, basically resulted to a high power consumption particularly in a high pressure pump motor of the system. Reduce the load on the high pressure pump motor which caused high power consumption.

In order to lessen the problem on high consumption as well as repair and maintenance, the use of “ENERGY RECOVERY DEVICE” is suggested.  In which it is designed based on the machine components potential requirements and specifications.

Reverse Osmosis System us to take seawater, filter and treat seawater for domestic use, service water and to supply the deminiralizers at the water treatment plant.

Osmosis is the naturally occurring diffusion of fluids through a semipermeable membrane in the attempt to equalize different concentrations of dissolved solids.  The Reverse Osmosis System takes this natural occurrence, reverses it by applying pressure on one side of the membrane and separates the two concentrations, in this case, fresh water from salt water.

Water is pumped from the sea, sent through a series of filters, then pressurized through membranes where salt and fresh water separates, chemically treated, and forwarded on storage tanks.
While, Energy Recovery Device, connected to the opposite end of the high pressure pump motor shaft.  The purpose of the ERD is to reduce the load on the high pressure pump motor.  This is accomplished by utilizing the energy contained in the high pressure brine before it goes to the drain.

During the practicum at the ELITE Power Plant, the researcher was assigned at the Reverse Osmosis Plant where the project is located.

Together with the Plant Technician, the researcher inspected the sites where the operation for Reverse Osmosis Plant is on going.  The activities were purely operation and monitoring such as providing the data for Reverse Osmosis Plant.

Upon evaluation of the plant, one of the problems in the system is high energy consumption of the high pressure pump.  The researcher determined that application of Energy Recovery Device is recommended.
The company will be benefited in this study, of which the maintenance of the different motor equipment used in their operation will lessen as well as students who will go further studies related to this.

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Student Safety Sample Proposal

ID attendance system

Situation

Parents are not aware if their children are still inside in the school premises after classes. They also want to monitor their children during school days.

Proposed Solution

To purchase an School ID Attendance System that will monitor the attendance of the students, teachers, and employees of the school.

Steps:

  1. The students, teachers and employees will swipe their respective ID to the machine before entering the school to ensure that they already inside the school and attend classes.
  2. The system will sent a text messages to the parents and to inform them that their children are inside the school.
  3. After class, students will also swipe their IDs to the machine and then the system will then send messages to the parents informing their children are already out in the school premises.

Benefits

  1. The parents will monitor their children during school days because the system will send messages informing about the in and out of their children.
  2. Ensure the safety of the students because they are not allow to go outside without swiping their cards.
  3. Faculty members and employees of the school will be also monitor the time in time out to be used for their payroll purposes and monitor their attendance as well.
  4. Increases the enrollees of the school because some parents may recommend the school for their added facilities.

Potential Problems

  1. The cost of the School ID Attendance System  will be Php25,000.00.  The system would pay for itself within 1 year.
  2. If the student will not swipe their cards, the system will send messages to the parents that their children are absent that time.

Solution to the Potential Problems

  1. Include the School ID Attendance System in your marketing so that more parents will be likely to enroll their children to your school. If there are more student then there will be more income.
  2. Place the machine at the entrance of the school so that student may easily swipe their cards and also require each student to swipe before entering school and after classes.

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Feasibility Study Structure

feasibility study structureFeasibility study is created in order to minimize risk and to ascertain the viability of a project, a thorough study must first be undertaken.  As soon as it is certain that a specific project could be carried out profitably, it is only then, that it could be implemented.

A feasibility study is not merely an investigation but at the same time a plan or a framework on how the operation of a business project shall be accomplished.  It is composed of five major components namely: Marketing, Technical, Management, Financial and Social Desirability.

You must determine if there are sufficient demands for the product as well the competitive position of the firm in the industry.  Sale projection for the project must also investigate as part of your market study.

The manufacturing process, plant size, production schedule, machinery, plant location and layout, structure, raw materials, utilities and waste disposal is taken into consideration when it comes to technical study.

Management study involves on how the project shall be managed such as the business organization including the organization chart and function of each unit management personnel, skills and numbers of labor required.

In your financial study, you can include the assessment of total capital requirements, break-even outputs, sales and prices, amount of sales required to earn a certain amount of profit and the cash payback period.

Last but not the least is the social desirability which is measure by economic benefits to the people living in the community and its vicinities.

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Pinoy Food Cart to franchise

food card franchisingFilipinos loves to eat that’s why we can find food carts anywhere such as in the malls, terminals, office building, and train station which offers quick meals.  Food carts offers anything from flavored French fries, pop corn, siomai, dimpsun, fruits shakes, and many more.

The following are some of the pinoy food card available for franchise:

  1. Hong Kong Style Noodles.  It offers stir-fried noodles, bean sprouts, and dimpsun. The fun part is the customer is the one who makes own noodles sauce with the choices of teriyaki, Szechuan, chili, oyster, and peanut sauce.
  2. Potato Corner. It became popular because of their yummy flavored French fries such as cheese, barbeque and sour cream flavor.
  3. Paotsin. It serves steamed or fried dumplings and dumpling meals.
  4. Frutas.  Healthy thirst quencher including fruits shakes with variety of choices such as mango shakes, banana shakes, watermelon, apple and strawberries shakes mixed with milk and honey.
  5. Waffle Time. It provides their customer an affordable waffles which comes from different fillings including hotdogs, pineapple, swiss chocolate, barbarian cream, tuna and salad bacon.
  6. King Corn. It offers quick corn snacks such as the corn on the cob, shredded corn kernels flavored with salt, butter, cheese and pop corns.
  7. Holy Kettle Corn. It serves great tasting popcorn without butter and preservatives. It made up of natural sweetener such as molasses, honey and sugar.
  8. Siomai House.  Customer loves their pork and shrimp siomai tops with chili garlic bits.
  9. Plato Wraps. It offers grilled wrap sandwiches with varieties of fillings such as chicken, ham and cheese, tuna or veggies with olive oil.
  10. Pizza Pedrico.  Their pizzas have different toppings to choose including chorizo and cheese, ham and cheese, sausage and cheese, cheese and cheese,  and many the combination of many toppings

Many former overseas workers and retired employees are prefers to franchise food cart because it is much cheaper, less rent or lease, transferable, easy to operate and manage, less personnel or employees, offers only limited products and needs only small space

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Fruitas Fruit Shake Franchising

fruitasAs summer is approaching, Filipinos is now cravings for something cold that provides nutrition so it is about time to franchise not just delicious but nutritious drinks just like fruit shake.  One option to have stable fruit shake business is to franchise Fruitas Fruit Shake because it provides high quality fruits. Their fruits is came from Babot’s Farm which delivers fresh fruits without preservatives.

Health is wealth so it is important to serve our client and customer a snack that is full of vitamins and minerals. Fruitas Fruit Shake serves its customers healthy smoothies, fresh shakes and natural juices with different natural fruits option such as mangoes, papayas, bananas, apples, melons and many more.

The following are some information for franchising Fruitas Shakes:

1.    Fruitas Shakes Franchise Fee
Franchise fee starts from Php300,000 up to Php1.5M. No royalty fee and contract is good for one (1) year and annual renewal is applicable.

2.    Standard Package Inclusion
•    Standard cart (3-4 sq. m) or counter (not more than 6 sq. m)
•    Basic equipment, wares and utensils
•    Initial inventory (good for 2 to 3 days)
•    Use of propriety marks and trade name
•    Marketing materials (balloons, flyers, tarpaulin, menu, loyalty card, etc.)
•    Complete business permits and documents
•    Free manpower assistance:
•    Sourcing, hiring and orientation of crew
•    10 to 15 days training at training sites
•    2 sets of uniform (6 polo shirts, 4 aprons, 2 visors, 2 hairnets)
•    Franchise orientation with comprehensive franchise manual kit
•    Grand opening assistance

3.    Return of Investment
Return of Investment (ROI) is highly depends on the location, marketing strategies, store management but most franchisee get their ROI at around 18 to 20 months.

4.    Contact Details

Office Address:

68 Data st. corner Cordillera st. Brgy. Don Manuel, Quezon City, Philippines

Telephone:

+6323302889

Mobile Number:

+639189030602

E-mail:

info@fruitasgroup.com

Website:

www.fruitasgroup.com

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Conducting Market Research

In all business, one should know who your customers are, what they want to buy and their favorite place to hang out.  These things should be know to conduct your market research.

It is necessary to conduct a market research to become successful in your business since it takes a lot of money and huge investment to start up a new business. There are many factors to consider in starting a new business including your target customers and target location.

market research

Market research is done before starting a new business. Also, a way of analyzing the past market trends in order to know if there still a demand to make it worth to start a related business. This research should look to the past, present and future to study consumer’s trend. In addition, it is the process of analyzing the data to help you to know which products and services are in demand. It can give a business a picture of what kind of new products or services may bring a profit.

The following are some ways to conduct a market research.

  • Analyze the economy.  You can look up the earning data and income as well as employment statistics to determine the demand of your target customer.
  • Determine the current sales and competitors.
  • Ask the public. It can be done by conducting a survey and ask the customer’s opinion when they purchase from you. Also, you can ask the social media or hire a firm to conduct a research for you.

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Food Cart Business

Many entrepreneurs today start a food cart business because of it does not need a huge capital. However, in order to succeed in a food cart business, one should have a good product and a perfect location for your food cart. Ideally, food cart should be placed on traffic streets, huge malls and probably a public market or grocery store wherein there are a lots of people.

food cart business

The following are some of the advantages of food cart business:

  • It only needs small amount of capital. You can start a food cart business with the capital of Php30,000.00 to Php300,000.00
  • A food cart is easy to manage and very portable since it  can be easily setup
  • It is movable. If does not succeed in one location, you can move your food cart to another location.
  • Putting food cart business is very simple compare to restaurant. You can just offers simple products. Your products should be unique yet exceptional such as existing products that have some innovation and variation.

Here are some tips before starting your food cart business:

  • Pick the right franchise.  Make sure that the franchisor is a member of good standing franchise association in the Philippines.  Have a background check and consult lawyer before signing the franchise agreement.
  • Choose a good location with less competition. Just make sure that your location is very visible and accessible to the public such as in malls, train station or terminals, office or school areas.
  • Learn the needed skills to run a food cart business.  Ask and seek advises to experienced or veterans people.
  • Screen your personnel carefully. Provides extensive training program for new recruits and always remind them the importance of excellent service.

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Food Cart to Franchise

Due to economic crisis, many Filipinos will find their ways to earn income to support their families’ needs. They tend to think that franchising a good business will give them enough profit that starting a new.   These food cart franchising are very affordable since the cost is approximate not more than Php 60,000.00. This includes the food cart itself as well as the equipment and initial inventory. So here is some of the franchising available:

food cart franchise

  • Buko Nut Buko Shake
    Buko is not seasonal so you can drink it anytime anywhere in the Philippines. It is also known a wonder fruit so Filipinos really enjoy this refreshing juice.
  • Red Bowl Rice Toppings
    Their line of products includes beef chicken teriyaki, pork sisig, pork sukiyaki, red bowl supreme, cornbeef, siomai, ham and kani, tocino, etc.
  • Burgeroo Buy 1 Take 1 Burger
    It offers buy 1 take 1 burgers without suffering the quality taste.  It also offers a different varieties  that will customer will surely love.
  • Emperor Siomai Delight
    It caters different types of siomai including pork siomai, shrimp siomai, Japanese siomai, beef mushroom siomai, kani crab siomai, sharkspin siomai and chili crab siomai.
  • O’Noodles Hong Kong Style Noodles
    It offers a stir fried noodles food cart business. These stir fried noodles contains dried noodles and sprouted beans with different toppings for additional flavors.
  • Egglog Food Cart
    It offers a combination of quail eggs, siomai, squid and fish balls and dumplings. These food is considered the best pulutan and snack of Filipinos.
  • Imacaroni Macaroni Pasta Food Cart
    Filipinos loves pasta that is why macaroni is one of the favorites of Filipinos. They offers different concept of macaroni such as mac and cheese, spaghetti, carbonara, palabok, etc.

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