10 Tips For How To Write A Business Proposal That Will Win The Client
The great Mark Cuban once said, Sales cure all.” If a business doesn’t sell, it doesn’t make money and by extension the business fails. Although you’ll be covering this extensively in the financial plan section of your business plan, you may need to include your business’s cash receipts and cash payment cycle, in addition to an operating expense table, the capital requirements table and the cost of goods table, advises Fisher.
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.
Serving as a tool to clearly outline and delineate your company and its objectives, having a business plan benefits your employees and partners while also creating confidence with investors by showing them that they will definitely see a return on their investment with you.
In a non-invited proposal, you might have an idea for a product or service that would be of benefit to Company X. You submit a proposal to Company X suggesting that you provide this service or develop this product in exchange for funding or some other consideration.
In other words, include all the topics you need to convince the supporter that you can be trusted to effectively deliver the services and make the best use of their support, that you have the resources to deliver on your promises, and (if needed) that you have a plan for the longevity of the program.