April 22, 2018
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Bidrik: How to Effectively Write an Excellent Business Proposal

In today’s competitive world of business, it is important to write a good business proposal to encourage investors and clients to join your business. When writing a good business proposal, it is important to be honest and detailed as much as possible, though it may be tricky at times. Once there is a hot business opportunity comes, you may feel pressured getting your business proposal sent as soon as possible. While you need to be prompt and send it sooner than later, it is important to take time to learn about the project and the client to help you better craft a proposal that is more likely to be accepted.

According to experts, one rule is sending a business proposal after your first meeting and including a personal note. You can also visit office locations of your client to assess the project accurately. You need to have the right timing and balance so you won’t be sending a business proposal prematurely most especially if you cannot accurately estimate the costs. It is important to take a moment to analyze the project before starting typing your business proposal, answering the “who, what, where, when, why, and how” questions. Who will manage the work? Who will the customer contact for concerns or inquiries? What are the things that need to be done and what can customers expect? Where will the task takes place? When do you start working and when will you schedule the milestones? How will the job be done? Why should the client choose you? You can write all of this information to give you a head start on your proposal. You need to have the formula to estimate the labor costs by taking a mental walk-through and writing down a realistic number of hours for each task. A business proposal has six sections including the introduction, executive summary, table of contents, body, conclusion, and appendix. When it comes to the introduction, it includes your company’s vision and mission, your brand’s character, and story, and your accomplishments, credentials, and awards.

The executive summary is an important aspect of your business proposal, wherein you need to state why your company is the right one for the project. Table of content is ideal for longer business proposal, listing each section and subsection with the corresponding page number. The body represents the specifics of your business proposal. Your number one partner when it comes to business templates and proposals is Bidrik. With Bidrik, you can have winning business proposals and get the project that you long dream. For more information, feel free to check our website or homepage now so we can help you attain your short-term and long-term business goals.

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