How To Make A Business Proposal?

Good Day Folks,

Last night, when I was having my favourite cappucino at Starbucks Coffee with my friend, he ask me about how to make a business proposal. Well, maybe most of us know how to start a business, where to get the supplier, area that we want to do our business. But when it come to paperwork there are lots of problems.

Well, I am not an expert but I can give some advice or guideline here. First of all don't directly go to company consultant, they might charge you a very high price especially when you told them that you don't have any idea at all. You can ask your friends, family members, and you can surf on the internet first, in this case you can always visit my blog http://www.businessbywmh.blogspot.com/ or email to me wanmohdhafis@gmail.com.

Now lets start our business proposal. There are a few format of business proposal. Here, I just give a basic idea. Basically a business proposal might start with Introduction or Background. In this section you can describe the basic idea of your business, what make you think it is a good business idea.

Next, you must do an Executive Summary. In this section you will describe more detail about your idea, the strategy, your target, the industry statistics that you get and other main ideas of the business.

Now you must set what is your vision and mission of your business. Vision in basically a long term goal that you want to archieve and missions are the task that you will do to archieve the vision.

Afterthat, you must make a market analysis including SWOT Analysis, market target and market segmentation. Then we come to a more technical stage, the Financial Analysis. This is very important part that you must study it properly. You must calculate all your capital, loan and other sources.

Finally, you can make a summary about all that you have plan in the business proposal.

That's all for now, take care and good luck.

See you soon folks!!!