What is a Business Proposal in Terms of Finance?
A business proposal could request funding, as in the case of an inventor fine tuning his new concept for a specific company. But the business proposal could include other things as well. For instance, that inventor might also need access to company proprietary information and support staff. Can a Business Proposal Take the Place of Business Plan? You bet it can! This is one of the best ways of raising money that we know of. It is a true win-win situation. It is a kind of joint venture. Approach BigCo with the possibility of funding your project, or joint venturing your project, or becoming your project’s first major client. There are a number of ways to approach it. What is a Business Proposal in Terms of Presentation? Take a look at what it is that you want to accomplish. If you are primarily seeking funding, you will probably create a Business Plan. If there are other elements to your business needs (staffing, patents, space to operate, approval by committees, etc.) then you will lik
