A business proposal is a document written by a business owner to a prospective client in a bid to obtain a particular job. When writing a mini business proposal, you want to keep it as brief as possible and focus on details that are crucial to the proposal. Below is a guide on how to write your mini business proposal.
- Gather all necessary information
To prepare a mini business proposal that will get a yes from prospective clients, you want to take your time in gathering every possible information needed. Take time out to study your prospective client. Know everything there is to know about the organization, the problem they are trying to solve and the solution you are willing to proffer.
This will help you come up with a mini business proposal that will address the needs of your prospective clients and ensure these needs are duly met. During the process of gathering information, you should be able to answer some key questions – :
- Who are your buyers?
Knowing who your final consumers are will help you pitch a sales making mini business proposal.
- What is the budget?
Your prospective clients have a stipulated budget. Rising above the budget in your mini business proposal can hinder your chances of landing the business. Furthermore, preparing your proposal with a budget in mind will help you avoid including cost that isn’t necessary in your proposal.
- What is the deadline?
It is important to have a specific deadline, this will help you send in your proposal when it is due. Also, sending in your proposal long before the assigned deadline can be a plus on your side. It gives your prospective clients more than enough time to read through your proposal.
- Create a title page
On your title page, introduce yourself and the business you represent. The information contained should include – your name, company/business’ name, date of submission, and your prospective client’s name.
- Create your table of contents
Your table of content is where you list out everything contained in your proposal. This helps your prospective client identify pages where different sections of your proposal are located. It makes reading through easier.
- Write an executive summary
Executive summary is a brief detail of why the proposal has been written and why the solution proffered by you is the best for your client. Outline why you deserve to be awarded the business amongst your competitors. With your executive summary, your prospective client should get a clear picture of the solution you are offering them.
- Statement of problem
This section contains your client’s problem and you have an opportunity to show your client that you have a detailed understanding of their needs and the problem they are faced with.
- Proposed solution
It is time to proffer a workable solution to the problem(s). Be sure to state a solution specifically addressed to meeting your client’s needs. In addition to this, include your methodology and the time frame within which you will deliver.
- Qualifications
Your qualifications go a long way to determine whether or not you will be hired. You want to show your client you are the best man/woman for the job. To improve your chances of getting selected, include all relevant job experiences you have garnered prior to this particular one. Ensure all qualifications listed are relevant to the job at hand.
- Include your price
This is where you name your price. Also be careful not to overprice or under-price your business. Having prior knowledge of estimated budgets might help in this regard.
- Terms and conditions
The terms and conditions section is basically a summary of the agreement between yourself and your client if your proposal gets accepted. It is advisable to run through your terms and conditions with your lawyer before sending the proposal out to your client.
- Signature box
A signature seals the agreement between yourself and your client, include a space at the end of your document to enable clients tender their signature. The signature will be appended if your clients agree to your proposal and everything stated in your terms and conditions.
Considering the fact that this is a mini business proposal, ensure you keep things as simple as possible. Only include information that is absolutely necessary, this will keep your proposal short, simple, and straight to the point.