A business proposal is a formal document you send to prospective clients, partners or investors, asking the question – “Do you want to do business with us?”, but it is more than that. The business proposal’s mission is to convince these people to want to do business with you, and how it does this is through the outline of what your proposed business is, what the costs, advantages, and risks are, and why in the end you are the best person or company for the job.
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After all the budgeting and project analyses and plans are laid out, it’s time to draft the proposal. Whoever you’re addressing it to, a proposal will follow this general outline:
This should contain your company name, the date, and the addressee’s details. Be direct here as much as possible. Serious prospects will be turned off by a generic “To Whom It May Concern.” Do your research and find out the names of your clients.
Mostly for detailed, multiple-paged proposals.
Make a statement of a customer issue and how your service is the solution.
Your proposed plan to solve the client’s problem.
List your past successes in similar or related situations; convince them you are the one for the job.
A timeline of the project.
This will include an estimated budget (for investors) and payment schedules.
An easier way to get started is to peruse this list and pick one that fits closest to your situation. You can draft your proposal loosely on top of your free sample to make a winning business proposal. You can also check cost proposal templates for more.
These free documents can be downloaded as Word documents, completely editable. Some will be completed samples you can tailor to fit your needs, and others will be outlines showing you where to input your information. Creating a business or Sales Proposal Template cannot be made easier.
Not every business will have to draft a business proposal, nor would it have to do it for every business that has a partnership in it. (There will be times you will also receive a proposal from another firm, for example.) You should think of the business proposal as the first step to any major, planned initiative:
Al these are examples of external proposals when you are trying to put your company forward as an option to prospective clients who are outside your company. Take a look at investment proposal templates for more.
But a business proposal can also be issued within a company, addressed to the appropriate decision-makers when you want to push a particular project you think will benefit the company’s mission. This takes the format of a project proposal that follows the general guidelines and outline of a proper business proposal.