Archive for the ‘Business Proposal’ Category.
According to some businessmen out there, it is necessary to have a good communication with your client or customer before writing a business proposal. Writing a business proposal needs plenty of research and preparation as well as work. Actually, there is no standard outline or structure required for your business proposal.
Since writing a business proposal is time consuming, some of us want to take a short way or a shortcut and make a template for submitting a business proposal and this action will make your proposal a lousy one.
Knowing your client is best thing you should know before writing a business proposal. Client’s business needs and problems are always vital for creating a business proposal. The goal of your proposal is to provide information about how your proposal can help your clients. Also, avoid using jargon words instead use plain language so that anyone can understand its content except in highly technical fields.
Clearly define your proposal objectives. Your ideas should communicate effectively. Recognize the key things to communicate with your client.
Lastly, when writing a business proposal, make sure that it is use a proper grammar. It should be free from grammatical and typo grammatical errors. Also, take a look in your page layout which usually allot one third of the page to the left for titles and some space for your reader to make notes.
Business proposal is written to offer a business opportunity from a seller to a buyer for a variety of purpose. It can be solicited or unsolicited proposal. Business owner always want to start writing a business proposal but many of them don’t know where to begin. That’s why businessmen and entrepreneurs are tempted to have a sample business proposal since it offers excellent reference and useful resources.
Some reasons that many businessmen and entrepreneurs uses sample business proposal because it has a template. Sample business proposal gives an idea on how to start it including the structure and components. Always remember that there is no exact proposal out there as unique according to your need.
Since internet is full of sample business proposals through Google search and you will find thousand of results. You should determine and decide what your need is. Also, use trusted site when searching for sample business proposal. It is hard to find a quality sample so you should use only trusted sources since it contains the right information.
Other important aspect of finding the right sample business proposal is determining the cost. Some sites are simply scams which offer materials that are not sufficient and lack of information. Make sure that your vendor is qualified and worth paying.
September 12, 2001
Mrs. Lolita Medina
San Fernando, Pampanga
Dear Mrs. Medina:
We heard that you will be having a Christening celebration for your daughter. We would like to offer a catering service including food such as lunch.
We offer a variety of food packages that cater to any occasions with different budgets. The package feature extra exclusions including cakes, souvenirs and guest book.
Attached herewith is our food package with detailed menu that will suit to your needs including freebies.
You can visit us in our restaurant for further information. We assure you of excellent service since we have 12 years of experience in catering service. Precious moments need not be expensive
Zenaida M. Santos
ABC Food Catering
Types of Business Proposal
1. Sales Proposal
Sales proposal is written to sell an item or idea to a company. It is usually used for research and project request. Sales proposal is used to attempt to propose new idea, products or services. First, it is essential to educate potential customer or client about your product or service to offer. Then, you have to provide convincing statement why the customer needs the product or service. At last, illustrate the return of investment (ROI). A product or service demonstration should also be included in order to know the benefits and advantages. An effective sales proposal has an increase the chances of attaining positive results.
2. Grant Proposal
It is written to request money that does not have to be paid back from government or private donors. The US government as well as some private foundations and public corporations gives billions of dollars in funding to individuals and organizations to be used for particular projects. This financial support requires no repayment as long as it used to fund the project for which it was allocated. The money or the funds is called grant that can be given to individuals, non-profit organization or not-for-profit companies, foundations, charitable or educational organizations. A successful grant proposal will be awarded the funding.
In business, good decision is based on business proposal because it helps analyze the potential paths. Using business proposal, decision makers will see the risk and benefits of making changes.
Preparing a business proposal is a lot of work because it requires a planning, researching, analyzing, and answering fundamental questions related to past, present and future of a new business solution.
The past corresponds to the nature of the problems and any difficulties that the company faces. Presents corresponds with the solution while the future is about the long term benefits of implementing the proposal.
The first part of your proposal includes the background such as the problem and difficulties of the company. Then at the second part, you can now present the solution for the problem. You can also include the history or the related literature before presenting the solution being proposed. The solution contains the discussion about the proposal, cost and the benefits of implementing it the company. You can include graph and charts for further explanation.
The last part will include the future which includes the long term benefits such as the changes and impact for their organization.
When writing effective proposal can be complex and simple things since it all depends on the situation. Always make sure that your proposal is a winning proposal, meaning that your proposal has outlined the benefits to be gained by the company.
You have an idea for a new product or service and you will need an investment to pursue your business venture, what you will have to do is to create a business proposal. You have to make a winning business proposal in order to get financial support or getting help from prospective investor or client.
There is no standard outline or format or ideal format for business proposal but as long as it has complete content of a business requirement.
The following are a sample outline for business proposal:
- Executive Summary – It contains the overview of your proposal.
- Business Description – It provides the background and history of your business. Also contains the goals as well as the product or services description being proposed. It also discussed the supplier information, agreements and ownership structure and legal considerations.
- Business Opportunities – It contains the potential customer, geographical area, business competitors.
- Marketing Strategy – It presents the costing and pricing, sales projection, and marketing plan.
- Business Operations – It includes the operational function, services offered, and personnel.
- Technology – It discusses the technology and application to be used.
- Finances – It includes the revenue, expenses, and financial projections.
- Appendices – It provides the supporting documents that will be useful to the business such as curriculum vitae of the owner and stockholders, permits, agreements and financial statement for the last 3 years.
Business development which required written proposal is avoided by some business people because they believe that writing proposal is tricky. I believe that if you will know the basic steps, it will never be difficult because once you clearly define your plan of action and follow simple steps; you will have a winning business proposal.
The first thing you should do with your business proposal is to clearly define the benefits from the proposed business venture. It should be state visibly how it will benefit for them and how you plan to do it. The next step is to tell them why your company is the best for the job.
Describe the product and services you are offering and state clearly your main objectives that it will be the best solution to their company. Identify the points why your company should be chosen by your client.
Then, carefully identify your financial projections. You can employ professional assistance to estimate your business proposal for your prospective client. Always remember that business is not static entity. Convince them that your offer is the most effective and cost effective. Also, you can research your client’s requirement and make sure that your information is up to date as possible.
Make your business proposal informative as much as possible. Any research done and facts based projects should be included in your proposal. You can use charts and graphs to identify your information where necessary.
Finally, use professional layout and eye-catching cover as well good layout such as bullet points, charts, graphs, financial projections and summaries for quick review by prospective clients. It is essential for your business proposal to create a very positive impression.
A business proposal is just like a business deal. It could be a report showing an idea to improve management to your boss or it could be a written document offer from a seller to a prospective buyer. A business proposal is needed to every business to use in decision making. Actually a business proposal is a business idea to improve services and the company as well.
There is a lot of sample business proposal everywhere either in the net or somewhere else. You can use sample business proposal as your guidance in your writing but make sure not to copy, just serve as an idea on how to do it. The purpose of using sample business proposal is to assess proposal created by others in your industry. There are some benefits of reviewing a sample business proposal because it can save money, time and effort because it serves as a basis of your own proposal. Using a sample business proposal will increase profitability of the company by launching a new product or service.
In choosing a right sample business proposal, it is important that you will know what to look for. It can be a template that can easily customize with your company’s information and it has a good graphics and professional layout. Also, it should be easily and quickly fill in important information about your company.