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1、How to Write a Business ProposalHow to Write a Business ProposalYou have a great idea for a new product or service.Before a bank or investment firmwill lend you money to get off the ground,youll need to craft a solid businessproposal.Follow these relatively simple steps to get your foot in the door
2、on gettingenough mullah to survive the arduous task of developing your product and making yourdream a reality.Instructions1.Step 1Talk with somebody who has written severalsuccessful business proposals.Ask what worked and what didnt.2.Step 2Outline a two-part proposal.The first part will describe th
3、e businessopportunity and your plans to take advantage of it.The second will presentfinancial data-tax returns,a balance sheet and a summary of your operatingplan.3.Step 3Write the proposal.Limit the first part to 10 pages.Make it concise and clear.When describing the market opportunity,cite sources
4、.4.Step 4Explain what makes you and your company different from competitors.Perhapsyou have special skills and experiences.You might have a new technology.Talkabout your achievements in the industry.5.Step 5Describe the segment of the market you will pursue.Discuss what you will doto take market sha
5、re away from competitors.6.Step 6Identify prospective customers.Explain why you are targeting them.7.Step 7Summarize your marketing plan.Offer details,but be brief.8.Step 8Discuss any regulatory issues your company might have to deal with.9.Step 9Identify the management team.Who are the top three people in the company?Give brief biographical sketches.10.Step 10Describe your expectations regarding revenue and cash flow for the first year.Discuss how much money you think you will need to get started,how it willbe used,and where you plan to obtain it.