Developing a business proposal is one thing that you should do if you’re on a plan to create some business opportunities. While business proposals can take the form of a less-structured proposal letter, they are often long documents that might include anything from engineering specifications to equipment lists to project staffing, depending on what’s requested in the RFP.
You’ll add pages with titles like Safety, Security, Services Provided, Benefits, Products, Price List, Services Cost Summary, Warranty, Guarantee and so forth; include all the topics you need to describe exactly what you intend to provide and how much it will cost.
That’s because most proposals seeking funding or support follow a similar structure: first comes your introduction, then a summary of the needs that you are addressing, followed by descriptions of the services you will provide or the project you are proposing, as well as all the associated details and costs.
After discussing the business structure, move on to describe the services and products offered by the company, its intended audience, how supply and distribution are handled, any competitive advantage the company holds over rival companies, and how those advantages will work to ensure its future economic success.
Be very clear and specific about the money that you might need to start off your business and how you plan to utilize it. Analyze the cash flow that is projected and at the same time assure your investors that you know how to keep the business going.