Business Proposal

1133 Words5 Pages
Business proposal
A business proposal is perhaps one of the most critical documents you need to learn how to write. It is what spells the difference between success and failure, whether you’re a freelancer or you have a company of your own.
In today’s cut-throat business world, entrepreneurs find themselves spending hours upon hours submitting business proposals to potential clients, and not get any results. On the other hand, there are those that are like snipers, able to get the contract after just submitting one business proposal.
So how do they do it? Well, this article will teach you show you how to do just that.
The Basics of a Business Proposal
Before you even go and start writing that business proposal, you must first understand
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Pricing Information
For many clients, the pricing information is what will make them decide whether they would offer you the contract or not.
How to write this part greatly depends on the solution or solutions you included in the previous segment. If the solution proposed will only entail a short period of time, a Fee Summary will suffice. For longer projects, segment these payments to specific milestones in a Fee Schedule list.
Things to Remember When Writing a Business Proposal
Now that you know the essentials of a winning business proposal, it’s time to go ahead and start writing, right? Well, not exactly.
The next part is to be able to find out what to put under the 3 Ps so that you can develop a business proposal that gets their attention and awards you that contract.
Do Your Research
Not all clients and buyers will give you the explicit details of their wants and needs, especially if you’re submitting an unsolicited business proposal. Extend your research9 to include the competitors of your potential client, and their customers as well. This will ensure that your business proposal will be as comprehensive and as detailed as possible.
Put Yourself in their Shoes
Another thing to remember when writing a business proposal is to always put yourself in the shoes of your potential clients. Doing this will help you provide information on things that they would
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