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Business Proposal Template
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A business proposal is a written offer that proposes a business idea to a prospective buyer from a seller. It is typically used by Business 2 Business companies to acquire new business and can either be solicited or unsolicited proposal meaning: If the business chooses to have a solicited business proposal, the client are the ones posting the problem, and they let another business apply for the job to write solicited proposal. while the unsolicited proposal is where a company sends a proposal without a client requesting it. The unsolicited proposal identifies the problem of the client and proposes a solution to gain another business. Below, we list the ultimate business proposal guide for you to gain a client.
If you are going to make a business proposal, you need to know who your target audience is and what can you offer to that person. Knowing these things would help you determine what business plan are you going to present. You have to research and make your prospective buyer or client be aware of the problem that they are facing right now.
This will be your first step in making your prospect hear you out and you can start explaining what you have found out and how can you help. Be careful not to give out too much information on your client instead be clear and lay out your plans.
After you determine the problem, you need to propose a solution to it. The presentation about your proposal should include how long your proposed project would take and you should make sure that you and your client are on the same page. If you want to develop a positive relationship between you and your client, you shouldn’t promise anything that is unrealistic. You have to outline the things that you will be doing and explain it to your client on how would you be able to help with their company development.
This part would tackle the payment and cost of the product that you are selling or the project that you are proposing. You should include the structure of your proposed business, how you structure your marketing proposal would affect the project or product that you are selling or proposing to your client.
Also, make sure that you mention the legality of the project that you are proposing. If there are legal matters that needed to be attended, you must mention it to your client. This information would help your future client decide whether they would accept your proposal or not.
After explaining your plan to your client, you should repeat the opportunity that awaits him/her, Highlight the strengths of your plan, summarize what you have envisioned, and remind your client why your business proposal would be a success. If your client is willing to accept the partnership that you are proposing, then, you have to assure your client that you will live up to what you have proposed and make your business partnership worth it. You can also send a copy of your proposal letter to your client so he/she can review everything about your proposal.
