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Before knowing how to write one you must first of all know what a business proposal is. A business proposal is a formal document that is created by a company and provided to a prospect with the purpose of securing a business agreement. It's a common misconception that business proposals and business plans are the same. The proposal's aim is to sell your product or service, rather than your business itself. Instead of assisting your search for investors to fund your business, a proposal helps you seek new customers.
Now imagine you've started a new business, and your customer base is starting to expand. But even though you're making progress, you still feel like you could be doing better. There's a whole world of untapped potential around you — prospects that you know would benefit from your product or service. And the issues you're running into are less about your solution's soundness and more about how you can reach your potential base. That's where business proposals come in — they can bridge the gap between you and potential clients. A solid one can outline your value proposition and persuade a company or organization to do business with you.
How to Write a Business Proposal:
1 Begin with a title page.
2 Create a table of contents.
3 Explain your why with an executive
summary.
4 State the problem or need.
5 Propose a solution.
Now imagine you've started a new business, and your customer base is starting to expand. But even though you're making progress, you still feel like you could be doing better. There's a whole world of untapped potential around you — prospects that you know would benefit from your product or service. And the issues you're running into are less about your solution's soundness and more about how you can reach your potential base. That's where business proposals come in — they can bridge the gap between you and potential clients. A solid one can outline your value proposition and persuade a company or organization to do business with you.
How to Write a Business Proposal:
1 Begin with a title page.
2 Create a table of contents.
3 Explain your why with an executive
summary.
4 State the problem or need.
5 Propose a solution.