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INTRODUCTION
A business proposal is not necessarily required in all businesses, but usually, most
companies, especially big ones, relies their operations on the basis of their proposal.
Investors and business founders need a solid and strong business proposal before
risking their money because it will help them visualize their goals and the methods in
achieving them. Hence, proposals must be clear, practical, efficient, factual, logical,
persuasive and objective to be useful in making economic decisions.
II. DISCUSSION
There are many ways to create a successful business or improve an existing business,
one of which is formulating a business proposal that will allure and encourage
customers to purchase a product or service.
The key terms to understand what is a business proposal are written offer to solve
technical problem, specified plan of management, and certain sum of money. These key
terms comprises the elements and corresponding functions of a business proposal.
First, it is a written report to solve a technical problem. Such proposal is called technical
proposal. It provides a detailed discussion of the solution proposed, supported by
alternative plans and designs.
Third, it is specifies an amount needed for the project. This is called the cost proposal. It
provides the financial report of the proposal such as the cost of labor and all the
materials needed for the operation.
All these three elements must contain a business proposal to effectively satisfy the
needed information of your target clients. Furthermore, the acceptance and rejection of
a business proposal depends on its clarity, practicality and efficiency. That plan or
solution must be discussed clearly and all the details must be present so that it will
leave no doubt in the mind of the clients in how it will be implemented. The solutions
given must also be practical to ensure feasibility in the future and alternative solutions
must be offered. Finally, the proposal must explain what needs to be done and how it
will be done in every stage, together with the things that will be needed.
According to Mills and Walter, there are two types of proposal- solicited proposal and
unsolicited proposal. Solicited proposal is a response to direct invitation. This is also
called as bid request, purchase request or request for proposal. On the other hand,
solicited proposal is a marketing brochure which is made by a company and submitted
to clients in the hope that the idea will attract them to buy the products and services.
They are generic, with no direct connection between customers needs and product
specifications. Hence, they are only use to introduce a product or services and the
possibility of sale is not yet probable.
The writer of a business proposal must bear in mind that the main objective of the
proposal is to communicate the facts about a proposed business plan. In order to initiate
business, the proposal must embody the needs of the clients and it should be able to
convince them that the plan is superior among other proposals. For this matter,
understanding the customer is very important. After taking into account the needs and
wants of the clients, research and only present the most objective information that will
be a source and guide in decision making. The authenticity and objectivity of a proposal
will drive the success of a business in the future.
According to John A. Walter of the University of Texas, a good proposal must consist of
the following stages:1) Preliminary study, 2)drafting a plan or outline, 3)writing a rough
draft and illustrations and lay- out , and 4) review and revision.
PRELIMINARY STUDY
When an individual or a company receives a request for a proposal, its technical staff or
whoever is concerned, must conduct first a study before drafting the final report in order
to devise a satisfactory solution or plan to arrive at an effective presentation of the
proposal. The proposal needs to be more consumeroriented than proponent oriented.
"If you don't understand the client's problem, you certainly can't propose a methodology
that is going to solve the problem," says Shervin Freed, coauthor of Writing Winning
Business Proposals (McGraw-Hill).Writing a winning proposal begins in knowing the
clients problems, needs or wants and other requirements such as deadlines, scope of
proposal, facilities or equipment you can provide and budget limitations. The best way
to understand what the clients need or want is through conducting a background
investigation. Ask people in the organization about their concerns, policies, visions,
missions and goals through conducting surveys or interviews. This way, you will be
able to save your time and effort and can make a proposal that reaches the
expectations of your clients.
After identifying the clients requirement, drafting of the plan should follow using the
information gathered and solutions formulated. The outline is a logical guide in the
preparation of a paper. With an outline, the writer will not miss a single detail about the
report. The draft includes the objectives, qualifications, and the methods used in solving
the problem.
Most proposals contain an introduction; list of items and services to be supplied; general
description of equipment to be supplied; technical discussion or detailed description of
the proposed equipment; section on packaging or other considerations and a
conclusion. However, supplementary materials like diagrams, mathematical analyses,
list of facilities, company information and facilities should be part of the appendices.
WRITING THE ROUGH DRAFT AND PLANNING ILLUSTRATIONS AND LAY- OUTS
After drafting, completing the drafted outline is the next step. With the use of the outline,
put together all the information gathered and evaluate them to complete the content of
the proposal. Beginning outright with a detailed discussion of the problem and followed
by the explanation of the proposed solution. However, a report full of texts is not always
effective to all clients. Illustrations and lay- outs are also important means of presenting
information and are ways of enhancing the text. It could be diagrams, tables, or figures
that are understandable to the readers. What is important is for the writer to create a
strong and favorable impression on the reader to have an edge among other
presenters.
The proposal document contains the overall point of the project. It is structured
according to the following:
Title page. It contains the name of the proposed project which describes the scope of
activity in concise and clear terms, the person or agency proposing the project and the
person or organization for which the proposal is made.
Cover letter. It provides the readers an overview of what is to follow, such as the
purpose of writing, what the writing is all about, importance of the proposal, and other
basic information.
Table of contents. Provides an alphabetical list of the terms used in the proposal.
Though, it is not really necessary especially to shorter proposals, it is a very helpful
means of rapidly guiding the readers.
List of illustrations. A list of all the illustrations, such as graphs, figures and tables,
together with their corresponding page number.
Introduction. It identifies the nature of the proposal and states the purpose of the
document. It begins with the discussion of the problem, the objectives and goals of the
project and proposed approach in solving the problem. It does not need to be discussed
fully because the details will be left to the methodology. However, it must present the
strategic elements of the proposal. The methodology is a set of methods, rules or ideas
of the formulated solution. It develops the detail on how the project will be carried out.
Facilities and equipment. It is a detailed discussion about the location of the project,
facilities and materials needed and the equipment required for the operation.
Schedule and benchmark. It is the span of time allotted for the completion of the project.
Benchmarks are also identified to indicate successful accomplishment of the objectives.
Personnel and Budget. It is a report of the human and financial resources needed for
the project.
References. It is a list of reading materials and web sites cited on the proposal.
Implementing unit. The unit or department who will administer the project.
Introduction. Contains the benefits that could be derive from the project.
Objectives. Contains the short and long term goals of the project.
Implementing schedule. A list of all the activities and there corresponding time
frame.
Estimated budget. A detailed breakdown of the budget and the financial work
plan of the project.
Some business proposal might contain identical information and similar presentation but
it is more important to make every part as unique and special as they can be. Though
they might look alike, but there is something that makes it different among other
proposals. The most vital thing to remember is that a business proposal is made to be
useful to the clients and to your own company.
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Nem Singh, R. & Calixihan, J. 1994. Fundamentals of technical writing. Manila City: MG
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Vicente, C., Soria, W., Mogol, E.& Sumanga, G. 2004. Technical writing. Quezon City:
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https://www.entrepreneur.com/article/21834
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