Question:

Essential Ingredients of Successful Business Proposals

by Guest7432  |  12 years, 9 month(s) ago

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We are about to start writing a business proposal of our company and want to know that what are the essential ingredients of successful usiness Proposals?

 Tags: business, essential, ingredients, proposals, successful

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  1. Guest6266
    Here are 7 Essential Ingredients of Successful Business Proposals, how to make your proposals more convincing to the Grant assessment team:
    1. Managing Third Parties – show how you will manage partners, consultants and your clients’ staff. Give examples from previous projects.
    2. Quality Plan – demonstrate how you will ensure that quality is managed through your Quality Plan and describe the role of the Quality Manager at different stages of the procurement process.
    3. Industry Awards – highlight awards and peer recognition from your industry. This gives you more credibility and helps the funding agency feel more comfortable about awarding you the contract.
    4. Intellectual Property – confirm that all Intellectual Property Rights are given to the client in the Executive Summary. While this is usually obvious, make sure this is clear, again to ease their anxiety.
    5. Payment Schedule – outline a suggested payment schedule, for example, 10% in advance, 50% after Development and 40% after Implementation.
    6. Sign-off – outline the turnaround time required for sign offs, for example, three days. This keeps projects on track and avoids the client delaying the project schedule.
    7. Business Drivers – discuss the key business drivers and how you plan to address these in your solution. Look for ways to gauge where the writers have most concerns in their Request For Proposal and then discuss these key points.

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