Every small business requires a small business proposal when it starts up. A small business proposal proves to be a useful guideline on the direction of the company with its stated mission and vision statements.
A small business proposal is usually drawn up for submission to financial institutions such as banks on business loans, or to groups who are interested to be company shareholders, stakeholders or directors. A small business proposal will state the scope of services that the proposer is offering with the necessary training and testing during the business proposal implementation. The available or required capital and resources that will work the marketing plan to success must be stated accurately or as best as possible to ensure a higher chance of success. It includes conversion and post-conversion processes.
As in all proposals, there are the inclusion of benefits and costing factors.
A small business proposal template records the following types of information:
* Company Name & Address
* Mission & Vision Statements
* Objective of business plan proposal
* Shareholders / Stakeholders
* Capital Required
* Marketing Strategies
* Products and Services
* Manpower & resources
* Feasibility study & analysis
* Expected timeframe of plan
* Training & testing
* Conversion and post-conversion procedures
* Benefits to the company
The proposal can be simple but applicable for a small business which intends to get started as a substantial capital is always at stake.
Consider the attached sample template for your convenience.