Business Plans
A Business Plan is a document that describes in detail how your business is set up. Business plans cover your business structure, your products and services, your market research and marketing strategy, and your complete budget and financial projections for up to five years. Both startups and existing businesses require business plans. Developing these documents requires a lot of research and number-crunching.You need a business plan for two primary reasons. First, spending the time to do this work clarifies your thinking, provides you with information previously not considered, and gives you a workable strategy to follow for the period covered by the plan. Your business plan is your blueprint to success -- it outlines the steps to move from business idea to business success. And if your research reveals that your idea isn't destined for success, then better to know it now then a year from now when you have lost thousands of dollars. You can spend your time planning another idea that could have a better future.Secondly, if you are hoping to raise funds through a business loan, a venture capitalist, an angel or an incubator, don't even consider approaching these moneylenders unless you have a thoroughly researched business plan in your hand. Experts estimate that it takes approximately six weeks to develop a business plan, so whipping one up the day before your appointment with the banker won't work.Business Proposals
A business proposal is a document that you submit to another enterprise proposing a business arrangement.There are two main categories of business proposals: invited and non-invited.As an example of an invited proposal, government and large corporations wanting to purchase services or products from private suppliers often post public tenders inviting contractors to bid. You will be competing against all bidders that noticed the posting and responded. Similarly, some businesses will send Requests for Proposals (RFPs) to a selection of businesses that they are willing to consider as a potential supplier. In this case, you will be competing against perhaps five businesses that the client has already handpicked as suitable.Both of these examples require a business proposal. In some cases, the client will provide a Bidder's Document that stipulates the style of proposal that they want to receive and the categories of information to be covered. If no Bidder's Document is available, the style and categories of the proposal will be up to you to decide.If you are responding to an RFP or a call for tender, you will know that the service/product is wanted, but you will be competing against the other people who bid. You must sell your company as the best possible choice of all the bidders.In a non-invited proposal, you might have an idea for a product or service that would be of benefit to Company X. You submit a proposal to Company X suggesting that you provide this service or develop this product in exchange for funding or some other consideration. Although the nature of the proposal could differ from the example given, essentially you are proposing some type of business relationship (something more complex than let's exchange weblinks).In this case, you don't know if the company is open to your proposal or whether they will like your proposed idea. However, if they do like the idea, you won't be competing against numerous other bidders. Your proposal has to sell not only your concept but also your company. It must convince the client that not only is the service/product potentially valuable to them, but you and your company are credible and stable.Whether invited or non-invited, your proposal must be well researched, well written and contain a reasonable budget. Spend time on this document and you'll be ahead of the people who threw something together on the bus riding to work [EXTRACT] Business Plans A business plan is a document that describes in detail how your business is established. Business plans cover your business structure, products and services, your market research and marketing strategy, and its total budget and financial projections for up to five years. Both ventures and existing businesses require business plans. Developing these documents requires a lot of research and number-needed crunching.You business plan for two main reasons. First, spend the time to do this work clarifies your thinking, provides information not previously considered, and offers a viable strategy to follow for the period covered by the plan. Your business plan is your plan for success - that describes the steps to move from business idea to business success. And if the investigation reveals that your idea is not destined for success, then you better know it now after a year from now when they have lost thousands of dollars. You can spend your time planning another idea that could have a better future.Secondly, if you are hoping to raise funds through a business loan, a venture capitalist, an angel or an incubator, do not even consider approaching these lenders unless you have thoroughly researched business plan in hand. Experts estimate that it takes approximately six weeks to develop a business plan, so beat the day before your appointment with the banker work.Business proposals A business proposal is a document sent to another company, a business arrangement.There proposing two main categories of business proposals, invited and uninvited. As-an example of the companies invited proposal, the government and large want to buy products or services from private providers often after public tenders inviting contractors to bid. That will compete with all bidders and the displacement has responded. Similarly, some companies will send requests for proposals (RFP) to a selection of companies that are willing to consider as a potential supplier. In this case, have to compete with about five companies that the client has already handpicked as suitable.Both of these examples require a business proposal. In some cases, the client Offeror will provide a document that sets the style of the proposal they want to receive information and categories to be covered. If the document is available Offeror, style and categories of the proposal will be until he decides. If you are responding to a request for proposal or bid, you will know that the product / service you want, but to be competing against other people than the supply. You must sell your company as the best choice of all bidders.In a motion guest, you can get an idea for a product or service of interest to Company X. Submit a proposal for Company X suggesting that provide this service or the development of this product in exchange for financing or any other consideration. Although the nature of the proposal may differ from the example given, in essence what they are proposing some kind of relationship (something more complex than we are going to exchange web links). In this case, it is unclear if the company is open to the proposal or if you will like your proposed idea. However, if you like the idea, it will be competing against many other bidders. His proposal is to sell not only the concept but also your company. Customer must be convinced that not only is the service / product potentially valuable to them, but you and your company are credible and stable.Whether guests, invited or not, your proposal should be well researched, well written and contain a reasonable budget. Spending time in this document and is ahead of people who threw something together on the bus to work
สมัครสมาชิก:
ส่งความคิดเห็น (Atom)
0 ความคิดเห็น:
แสดงความคิดเห็น