Congratulation on your great choice of business and i believe you have also carried out your market research. Have you created that wonderful business plan but your problem is how to get the money to start up that amazing business. Are you looking for investors to invest in your business? worry no more all you need is a good business proposal. How to attract investors to invest in your small business.
A business proposal is a written document sent to a prospective client in order to obtain a specific job. Business proposals may be solicited or unsolicited depending on the nature of the business. Believe me, to attract investors you need a unique business proposal that is convincing and attractive enough.
Lets say you have this idea of producing a good fruit juice whose flavor,taste and quality will be better than the ones already in the market but have insufficient money to start up. All you need is a good business proposal that is well structured and some sample of your product. A well structured business proposal should have the following qualities.
Concise and well arranged
when writing a business proposal,you have to go straight to the point. Avoid including unnecessary points and details. It is also important to use a well structured and correct grammar,tenses and spellings when writing.Research
Before writing your business proposal, carry out a good research on that business and have an excellent knowledge and skills about the business.Make it attractive
make your business proposal look attractive by using a clear font size and making good use of space. Include pictures and illustrations where necessary. Your cover page and its binding must also look neat and appealing to the eyes.Good price range
Note that the price of a product/services says a lot about it. Choose a price that will be acceptable. Avoid prices that are too high or too low for the product/services.The problem
It should contain the problem therefore write a concise detail of all the problems.The solution
write out how you intend to address and solve the problems. Pay much attention on this because it tells much about your expertise.The Structure of a Good and Unique Business Plan
A good business plan should be written in this format.Title page
The title page should contain your name, your company's name, the name of the company you are writing the proposal to and also the date.Table of content
This contains the list of all the information contained in the business proposal. It should be well arranged because it makes the business proposal more accessible.Summary
This is where you write out everything about your business. Sell yourself well by writing a well detailed advantage and gains of the business.Statement of the problem
Here you give them a clear understanding of the issue. Make sure you carry them along with your descriptions because this is where building trust starts.Methodology
In this column,give a clear description on how you intend to solve the problems and intend to utilize the funds you need.Qualification
List out all your qualifications, experiences,certifications and recommendations. Make them understand you are capable of handling the business well.Timeline and scheduling
Here you write out how long you believe the business is going to last. List out the factors that may like the duration of the business and avoid giving an unrealistic time because it is capable of destroying the trust you intend to build.Costs and legal issues
This depend primarily on the type of business.Write out all the financial implications and payments schedules. Include also permits,licenses,and other documents you might have available.Conclusion
Make sure that every information you give when writing your business proposal is genuine.Avoid making unclear assumptions and never appear desperate.Please LIKE us and SHARE.
it is very helpful . thanks for this
ReplyDeletethanks for this artical
ReplyDeletehelpful article
ReplyDeleteVery helpful article
ReplyDeletethanks for the article its very much helpful
ReplyDeletevery helpful
ReplyDeletethank u very much for writing articles.
ReplyDelete