Here's how to write a good business proposal

Because it will help you expand your business with quality relationship.

What is a business proposal?

A business proposal is a written offer that clearly outlines what you can do for your client, and why you can do it better than anyone else.

So, your business proposal needs to be written in a way that makes it worthy of your client's attention.

To achieve this, you should clearly indicate a plan(s) in your proposal as to how it will solve your client's most vexing problems.

And this can only be possible when you clearly understand the issues your clients are facing.

Read on to see valuable tips that will help you create a good business proposal

1. Know your client's need

How in the first place can you offer help to someone whose need you do not know?

It is almost impossible.

So, in order to succeed in creating a good business proposal, the following questions should be considered

And at this stage, it is expected of you to have also gathered answers from your client to the following key questions:

2. Be expressive with your solution

In as much as knowing your client’s need is important, you should also remember that it is your proffered solution is that will determine if your proposal would be approved or not.

And in order to stand on a safer ground, your proposal must state the following with clarity:

Your depth of understanding of the client’s need ( It is okay to include relevant industry research and benchmarks)

Present the result of a case study or comparable experience with similar companies if you have.

Be detailed as to how you will go about addressing the need. Include the steps in the process and the value of each step.

The potential results you will be able to deliver and their impact on the client’s need.

Reasons why you’re the best man to do the best job. This should also include the benefits of doing business with you.

3. Administration

This aspect of your proposal, which ushers in your conclusion, should be addressed with clarity and carefulness.

Here are the three administrative aspects that should be addressed:

Preliminary timeline and milestones
Budget
Terms and Conditions

Additional tips:

Try as much as you can to study how your client expresses their need and use the words or phrases they use.

Consider any cultural or emotional issues that may be in the way of comprehension.

Avoid long, complex paragraphs. Short, simple sentences are best understood.

Because a picture speaks a thousand words, it advisable for you to use visuals; including charts and graphs, to help the client understand your point.

Get it proofread. Grammatical errors, misspellings, etc. undermine your seriousness.

In conclusion, remind yourself that if the company isn't interested in your proposal, they wouldn't have given you the chance to apply in the first place.

Convince yourself that their approval depends on how well you’re able to convince them through your proposal.

One thing is certain: if you follow the above directives, your chances of approval will be high.

ALSO READ: Here are five cool ways to make money online

Here's how to write a good business proposal

Knowing how to write a good business proposal is one art that you must learn if you desire to become a successful business entrepreneur.

JOIN OUR PULSE COMMUNITY!

Recommended articles

Ogun FRSC set to arrest motorists with petrol-filled jerry cans in vehicles

Fruit waste from Ketu market can generate power for homes, markets, industries

Tinubu's 2nd term bid at risk over 'betrayal' of El-Rufai, Yahaya Bello - Sowunmi

EFCC to freeze 1k bank accounts for forex dealings, investigate for 90 days

Osun petroleum agency warns marketers against fuel hoarding, inflating price

'People are setting up business centres, calling themselves pastors' - Oshiomhole

Rivers Reps console tanker blast victims, seek aid from philanthropists

Tinubu says technology will curb corruption, enhance Government transparency

Comply with EFCC's arrest, avoid disgracing former Governors - Ortom

Pulse Sports