A business proposal is an effective explanation of how productive a particular business is going to be. In order to make others understand about your business plan, you need to outline your business proposal first. It helps you to explain your offer to a prospective customer. It can be about any product or service that you wish to supply. It can also be written by your side in response to a request from a company with whom you had applied to make business. A business proposal outline is basically a framework of your proposal and all the benefits that it will make to a particular firm. Here are some ways in which you can write an effective business proposal outline:-
How to Write an Outline for Business Proposal
1. Keeps it convincing:-
Your business proposal outline should be apt, significant and convincing. It should be made in such a way that investors accept your proposal by reading just the initial paragraphs only. When we are reading a particular page, we leave reading it after reading the very first paragraph if it makes us bored or seems to be discouraging kind of proposal. Thus, the effectiveness of your proposal should be relevant from the very initial words only.
2. Include the key benefits:-
In order to make an ideal outline for a business proposal, you will need to include all what your business undertakes for example, its pros and cons. Mention what sort of help and resources the company can get from your side and what kind of investments they would have to provide you for getting the work done from you.
3. Make it like an elevator pitch:-
You must have heard about the term “Elevator Pitch” if you are related to the field of business or entrepreneurship. Try to build or make your business proposal in the same way. Tell if your proposal has got something new in it or if it is just an improvement to an existing business form. Also keep in mind to keep calculations of profit ready with it.
4. Keep it in a standard business plan format:-
Try to keep your business proposal simple and highlight if there is any strong point about it so that the investors may be able to caption it within the first sight of your proposal. Also remember to keep it in standard format to create about a favorable impression on bankers as well as investors.
5. Look from the angle of an investor:-
If you still seem confused about what needs to be done, just forget that you have a business proposal and think that you are a banker or an investor and someone has arrived with a business proposal in front of you. Now think like a banker or investor keeping your own business proposal in mind and think that why should you accept that business proposal and what is so good or profit making in it. If you are able to answer this boldly, you can add it in your business outline as well.
6. Summarize your way of Doing business:-
Besides this, use your ideas to summarize your ways of making business. The better you are able to summarize your business and business making plans, the better the investors and bankers are able to trust you and thus keeping all above steps in mind, you can start writing an outline of your business plan with a tension free mind and positive approach.