...Business proposal A business proposal is perhaps one of the most critical documents you need to learn how to write. It is what spells the difference between success and failure, whether you’re a freelancer or you have a company of your own. In today’s cut-throat business world, entrepreneurs find themselves spending hours upon hours submitting business proposals to potential clients, and not get any results. On the other hand, there are those that are like snipers, able to get the contract after just submitting one business proposal. So how do they do it? Well, this article will teach you show you how to do just that. The Basics of a Business Proposal Before you even go and start writing that business proposal, you must first understand what it is and learn the basics. A business proposal is a written document that offers a particular product or service to a potential buyer or client. There are generally two kinds of business proposals: solicited business proposals (which are submitted in response to an advertisement published by the buyer or client) and unsolicited proposals (submitted or given out to potential buyers or clients even though they are not requesting for one). Business Proposal vs. Business Plan Quite often, the terms “business proposal” and “business plan” are used interchangeably, giving you the impression that they are one and the same. But they are not.7 A business proposal is created to offer a product or service to a buyer or client. On the other hand, a business...
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...YEAR PERIOD: October 2012- January 2013 Semester LECTURER SETTING ASSESSMENT: - Rajendra Kumar & Tatiana Pavlovsky DATE ASSESSMENT SET AND LOADED ON TO STUDENT PORTAL:- 10/2011 DATE ASSESSMENT TO BE COMPLETED AND SUBMITTTED:- Individual presentation on & Course work submission on20th of December ---------------------------------------------------------------------------------------------------------------- Assessment Type: [E.G. Examination: Assignment: Presentation: Integrative Case Study: Business Development Proposal: Dissertation] “Individual Presentation (20%) and Individual Coursework (80%) ----------------------------------------------------------------------------------------------------------------------- Indicative Assessment Requirements for the Module;- Individual Presentation and supporting documentation ( Students are expected to do individual presentation ( five power point slides) and submit a new business proposal -- Maximum Word Limit and Assessment weighting for each aspect within the assessment: Individual presentation: maximum 5 Power Point Slides (deemed to be equivalent to 1000 words); Assessment Weighting 20%. Individual assessment contribution (an individual set of supporting documentation from each student equivalent to 6000 words absolute maximum); Assessment Weighting 80% ----------------------------------------------------------------------------------------------------------------------- Description...
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...Business Proposal - Liliha Bakery ECO/561 November 26, 2014 Business Proposal - Liliha Bakery To be competitive in the bakery industry, the focus must meet the demand of local residents, as well as a significant level of tourism traffic from nearby highways. After researching several bakery comments on Yelp, there seems to be a demand for online service orders. An added feature to Liliha Bakery's homepage website will include an online ordering service along with a loyalty rewards program. This service is common in many food chain industries. The business proposal will provide a new service, the market structure, price elasticity, possible non-pricing strategies to increase barriers to entry, and determine how a mix of fixed and variable costs can change business operations. Liliha Bakery Liliha Bakery was a family owned business that opened in 1950 and later sold to a local entrepreneur. The bakery is a coffee shop and a diner with a full line of bakery items. The bakery has been in business since 1950. Liliha Bakery is a popular place to go when only "oven-fresh" baked goods will do. The competitive advantage for the bakery is its signature coco puffs that cannot be matched by any other bakery. There are currently two locations in the Honolulu area. One location provides the 24-hour customer convenience (Liliha Bakery, 2009). The current owner plans to open additional shops in Honolulu, as well as neighboring islands. With the recent opening of the second...
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...Business Proposal Bradley Jameson ECO/561 July - 21 2014 Professor Seyed Baladi Business Proposal The technology market is a lucrative, ever-changing, and consistently growing business market. Will Bury (University of Phoenix, 2014) has developed a digital reading application that is simple to use, and necessary in today’s world of academics, business, and pleasure use. It is the intention of this business proposal to acquire the financing needed to begin launch of this new application and the following in-depth information will show that the numbers support Mr. Bury’s proposal. Market Analysis In the growing technological age and with the introduction of digital reading devices like the iPad® from Apple Inc. or the Kindle® from Amazon.com, the demand for digital reading formatted books has begun to surpass the demand for audio books. With the introduction of this technology, improvements and advances have led to devices that the hearing and visually impaired can also enjoy (National Library Service, 2009). The need for a physically printed book in the modern age is falling behind thanks in part to technology and the internet, and with eBook titles now taking up an estimated 30% of all book titles sold (Bercovici, 2014), it has become apparent that there is a marketplace for applications related to this field. While 30% may not seem like much, take into consideration that eBooks have been around less than a decade, whereas paperbacks have been in print for centuries...
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...The Phoenix Health Organization A Business Proposal on the Importance of Teams Prepared for Jeffery Dodd Senior Vice President, Research and Development The Phoenix Health Organization Prepared by Nadia Williams Vice President, Marketing Lake Financial October 1, 2012 Proposal Number: LF10-01 Phoenix Health Organization A Business Proposal on the Importance of Teams Executive Summary Background The Phoenix Health Organization, is organization that cares and enhances patient care along with an excellence in teamwork. With having such we have expanded into new heights of health care.We have recently over the past couple of years added a call center, business park, and adult day center which has set business to multiply ensuring all ends are criteria is met within the organization. We are now up to expand our business even more and maybe hire addtional staff if the budget allows using the 5- step planning process to careful choose the candidates and make a decision. Objective/Goals The general manager of the call center in a health care organization will have additional department efficiencies and customer service satisfaction improvements. Because of high volume of calls that has doubled over the past year and not acquiring the budget to hire additional excess staff the extra $20,000 will assist in providing improvements to the efficiencies and customer satisfactory training. This is a proposal stating a 5-step planning process in...
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...Business Proposal to Introduce Information Systems to a Small, Brick & Mortar, Nostalgic Record Store BIS/220 Week 2 Business Proposal |Table of Contents | |Page | |Title Page …………………….................................................................. | | | | | |Introduction ……………………………................................................... 3 | | | | | |Types of Organizational Information Systems ….…............................... 4 ...
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...Business Proposal R. Michelle Thomas ECO/561 March 3, 2014 Nancy Irizarry Proctor & Gamble (P&G) is the world’s largest and most profitable consumer products company, with nearly $84 billion in sales and 25 billion-dollar brands. On February 20, 2014 P&G introduced another Swiffer product called The Sweep and Trap. P&G says The Sweep & Trap will make clean-up faster and easier. The Sweep & Trap picks up small and large particles in one swipe with no batteries, cords or power supply required (P&G, 2014). Business Proposal Market structure: P&G market structure is what is called Oligopoly; Oligopoly is a form of market where there is domination of a limited number of suppliers and sellers. P&G is the world’s largest consumer products company controlling over 90% of the market. In the consumer products market P&G is the leader and main competition to all other consumer product companies. At P&G a lot of time money and effort goes into product research and development and advertising is very important part of competition (P&G, 2014). Elasticity of the product(s): Over the last 10 years P&G has had to face some stiff competition from a handful of powerful low-priced retailers such as Wal-Mart, Target, and supermarket chains that offer private label brands or store brands. Because Procter & Gamble has the biggest portfolio of products in the household and personal care industry and generates over one...
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...Party Plates and Napkins Company Table of Contents Introduction 3 Benefits of Implementing Microsoft Access 3 Sales and Collaborative Software 4 Table……………………………………………………………………………………………....5 Conclusion 5 References...………………………………………………………………………………….……6 Proposal: Implementation of Microsoft Access Database Introduction Our party plates manufacturing business is growing and our customer base numbers are increasing every month therefore I am writing this proposal to implement a “Relational Database Management system”. The system we are proposing is Microsoft Access. The reason we are proposing to implement this new system is because since our business is growing it is getting cumbersome and time consuming to manage multiple “Excel” files to analyze company’s data. According to article by CPA Janet Samuels and Robert wood they suggest “Data handling and reporting capabilities of access are more efficient” (Samuels, Woods 2007). Excel should be used when we need to create a onetime report by plugging in data, however in access you will have to setup a database to form reports. Therefore, we should implement the relational database so information is forever stored and accessible by employees to create different multiple reports. The benefits of implementing Microsoft Access over Excel are listed below. Benefits of Implementing Microsoft Access 1. We can easily import all of our Excel files in to access by using the External data ribbon. This imported data will be...
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...Business Proposal ECO/561 May 11, 2015 Business Proposal Introduction Transportation has evolved tremendously in today’s world. If someone does not have a way of transportation, there is a taxi service available and now a business called Uber. Uber is a company that is available to consumers to request a ride and pay via the mobile app. Uber is available in more than 50 countries and is expanding. This seemed to be very convenient to the consumers because they can go anywhere and even reserve a driver for a day for an individual price. Market Structure There are four basic types of market structure. They are as followed; Perfect Competition, Oligopoly, Monopoly, & Monopsony. Uber is fundamentally a marketplace, where supply is controlled not by the company but by the legion of independent contractors and transportation providers with whom they work. (Gurley, n.d.) That being said, their market structure is an Oligopoly because Oligopoly has to do with several large sellers who have some control over their prices. Elasticity of the product Price elasticity is imperative. Uber’s analysis and research have shown that both the supply curve and the demand curve are highly elastic (Gurley, n.d.). Uber lets the customers do the talking since the goal is to please them. Price elasticity tells how much of an impact a change in price will have on the consumers’ willingness to buy that item (Tuck, 2015). If the price is too high for the consumer, then they will most likely...
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...Business Proposal: A Social Media Policy DeVry University – Keller Graduate School of Management MGMT 550: Managerial Communication Professor Wilborn April 2015 EXECUTIVE SUMMARY The business report assesses and justifies a proposal and application of a new social media policy in order to improve business operational efficiencies, save resources, increase revenue, improve customer satisfaction, increase social responsibility and enhance the brand image of the Stone Goose Durable Medical Equipment Company. An analysis of the company's performance and business attitudes in terms of social media application revealed the following facts: * Sustainable social media implementation consequently transforms into the improvement of overall performance patterns in terms of communications and marketing strategies. * The social potential of Facebook and Pinterest allows enhancing the brand image of the company, therefore affecting the total revenue. * Marketing techniques need to be implemented to reinforce the enhancement provided by the application of social networks. The following literature offers an analysis of the implementation of social media and vital marketing techniques as the key elements of the new social media policy for a modern company. As modern companies like the Stone Goose Durable Medical Equipment Company, represent a new segment entering the Internet communication and marketing patterns, therefore the suggested modifications are based primarily...
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...Business Proposal Week 4 LaKeeta Seals University of Phoenix Samuel Imarhiagbe/Instructor February 29, 2011 Abstract Will Bury, an enterprising inventor, is convinced that soon everyone will be reading or listening to everything digitally, including books that have been mostly available in hard copy. He knows that there are books on CD, but these are relatively expensive and have been recorded using human readers. He also knows that there is technology that can transform the printed word into audio, but the sound is somewhat inhuman. Will plans on speeding up the transformation with a proprietary technology he has developed and patented. This technology takes the printed word for text materials and creates a file with the option of reading it digitally or listening to it with a realistic synthetic voice. In addition, Will Bury know that he has free access to books no longer under copyright protection, and he figures he can pay a royalty fee of $5 per title for copyrighted books that greatly will expand his catalog. So far, he has limited himself to English-language books but is working on a language translation option as well. The purpose is to create a business proposal to improve the existing goods and services for Will Bury’s new product. In this paper the subject to discuss is profit-maximizing and increasing revenue. Marginal cost, marginal revenue, credit markets, and the unemployment rate are briefly covered. Additional sections will...
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...BUSINESS PROPOSAL OF BUYING BAKER (Fresh Coconut) 1. IDENTIFYING INFORMATION 1.1 Name or Title of Business : Lucero Trader 1.2 Owner : Ruby Jane M. Lucero 1.3 Location ( Address) : New Argao, Malita, Davao del Sur 1.4 Contact Number : 09308826786 2. BACKGROUND AND RATIONALE The proposed business will be a buying station of baker ( fresh coconut) located at New Argao, Malita Davao del Sur. The trader of this proposal will buy baker from the farmers in the area in large and small volume. The bakers will be delivered to contact buyers such as Franklin Baker of Sta. Cruz and other prospect buyers with a buying contract with them. The Five Hundred Thousand Pesos ( Php 500,000.00 ) will be the possible capital of the business. The expected Return of Investment of the business will be 32%, it means that in every peso invested it could earned 32 centavos. The Gross profit margin is 20%. 3. MARKET AND MARKETING PLAN A. Description of the Product The product will be a fresh coconut known as baker. The 1000 nuts is equivalent to 900 kilograms. The business estimated damaged of 10% of the total volume. The damaged will be converted into by- product as copra . b. Target Market/ Source The target source of the bakers will be from the coconuts farmers of 153.01 hectares within the vicinity of barangay New Argao, Malita...
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...Business Proposal Tina Davis ECO/561 Economics Draft Business Proposal In an effort to serve the CVS Pharmacy’s consumer base better, the need to offer a wider variety of prescription medication selections and options system-wide. In this proposal, assumptions about the elasticity of demand and the market structure for these medications and expanded services will be included. Additionally, how the expansion will increase revenues will be explained. Further, a rationale for determining the profit-maximizing quantity will be provided. Decisions will be made by using the concepts of marginal costs and marginal revenue to maximize profit. A mix of pricing and non-pricing strategies will be suggested. This proposal will also explore options of creating or increasing barriers to entry. Further, increased product differentiation will be discussed. Finally, other way to minimize costs will be explored. Market Structure and Elasticity of Demand CVS retail pharmacies operate in a monopolistic competition market structure. According to Investopedia (2012), the monopolistic competition is, “A type of competition within an industry where: 1. Firms produce similar yet not perfectly substitutable products. 2. Firms can enter the industry if the profits are attractive. 3. Firms are profit maximizers. 4. Firms have some market power, which means none are price takers. Firms in a monopolistic competition sell goods that have either actual or perceived non-price differences...
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...Business Proposal Ijeoma Onwuneme ECO 561 June 2nd, 2014 Introduction Within any industry the fiscal or economic goals are to increase revenue; determine the fixed and variable costs for the business; and determine how to maximize profit. In order to reach those goals an organization needs to establish the pricing structure, product differentiation, and how to minimize the costs for the product. In this proposal will layout the strategies to reach those goals in order to make a more economic successful organization. Company Background A sound prediction made by the organization is, in the very near future, society will be moving exclusively to digital. Books, news, magazines, TV shows, and movies the boom in digitalization will be grand and swift. Seeing a market for a unique form of digitalizing books and magazines the organization created a technology that allows for the printed word to be converted into a file that can be read digitally or listened to with a realistic sounding synthetic voice. The organization patented the technology and is currently competing against other organizations that offer similar services. The main competitor lies in an organization known as books on cd. This places the organization in monopolistic competition, which is, “characterized by a relatively large number of sellers producing differentiated products.” (McConnell, Brue, & & Flynn, 2009, p. 177) Currently, the organization is run out of a small venue, and...
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...Telecommunications Expansion Report: Evaluating the Culture and Benefits of a Business Venture inside Puerto Rico for Mr 3101 Wilson Boulevard Suite 850 Arlington, VA 22201 Submitted by Circuit Actions' Military Lead, USCENTCOM 7114 S. Boundary Road Tampa, FL 33621 March 29, 2013 March 30, 2013 Mr. Jim Sutton Senior Director of Operations By-Light Dear Mr. Sutton: I am submitting my report entitled Evaluating the Culture and Benefits of a Business Venture inside Puerto Rico. The purpose of this report is to identify the challenges and benefits to a telecommunications expansion inside of Puerto Rico. This proposal outlines the hurdles inherent to the Puerto Rican culture, the Spanish language barrier, as well as the potential gains By-Light can expect to enjoy based on location, ease of access, and reduced costs. I hope this report will be of value to you and By-Light and promote a desire for further inquiry into a telecommunications expansion into Puerto Rico. Sincerely yours, Circuit Actions' Military Lead List of Illustrations Figure 1 How Puerto Rico and Comparator Economies Rank on Doing Business 2 Figure 2 Latin American Telecommunications Fiber Ring 4 Executive Summary ...
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