Proposal For A Business Plan
It can be sent by an individual or a business and is usually (but not always) a response to a specific job, project, or service that’s required.
Business proposals are also sometimes used by suppliers to secure business.
Unsolicited proposals do have their benefits though, the most obvious one being that there is no competition.
Sending out unsolicited proposals, providing they’re well researched and offer creative solutions to your client’s problems, can be an extremely effective marketing tactic.
It’s totally normal to feel overwhelmed (and a little bit anxious) about writing a business proposal.
You want to get it in as soon as possible, but you have no idea what to put in there, how long it should be, or even where to start.
Some companies, particularly government agencies, actively encourage the submission of unsolicited business proposals.
If you’re trying to attract clients by sending out business proposals without first being asked, then your proposal is unsolicited.
A business proposal is a document designed to sell your services to someone else. The why’s Why have you chosen your particular solution? This way you allow for any unexpected twists and turns in the project.
While you can certainly use some of the information in your business plan to help you write your business proposal, the focus for your proposal should not be on you, but on whoever it is you’re trying to bag as a client. You’re going to be tempted to fly through the process for fear of missing out on the job. You can always make your client really happy by knocking these extra hours off the bill at the end of the project if they weren’t needed!
Writing a business proposal doesn’t need to be daunting.
In fact, if you soak up all of the information in this article, you’ll already be one step ahead of the competition.