The business proposal is a common tool used to convince business executives and leaders about an idea for improvement within an organization. They are also used when a new business initiative is seeking funding – either as a stand-alone business or within the confines of an existing organization.
The business proposal draft should be complete, including all components of a business proposal. This draft should be well-considered and ready for review by your peers and the instructor. Points will be deducted for incomplete work.
The Business Proposal Rough Draft should include information and attempts in all sections of the formal proposal. The content needs to include all of the sections of a formal business proposal. The final draft of the proposal should be 1500 – 2000 words, and include the following necessary formal proposal components:
Letter of transmittal
Executive summary
Title page
Table of contents
List of illustrations
Introduction
Background: Purpose/problem
Proposal: plan, schedule, details
Staffing
Budget