Business Proposal Idea

Are you that entrepreneur who has never written a proposal letter before?

Most small Business owners think proposal letters are meant for big multinational companies. Mbanu! It is not.

If you can be creative to come up with fantastic projects that will add value to your company and to another company and you do not have the capacity to execute the project successfully but with the involvement of the other Company, the project will be a success then the next thing to do is to write a business proposal letter for partnership. Yes! Write it.

Example; you sell make up products: you can come up with a project say; a nyte of smile. About getting different complexions try a lipstick color to know the best complexion that suits that lipstick color.

What is the aim of this project?

The aim of this project is to promote the sale of your lipstick while discovering the best complexion that suits a particular color of lipstick.

Who are your target audience? 

University students, models, and single ladies between the age of 18-30 years.

What kind of business can you partner with? 

Photo studio, and makeup artist.

How will they make gain?

Package the project in a way that your target audience will find it interesting. You can say the winner goes with a cash reward and grace the front page of a fashion news magazine, blog or even news paper and will go with an award.

If your target is 1000 customers. And the price of your lipstick is 1200.

Participants will buy the lipstick, get a professional makeup and photo shoot for 6k.

Usually, a make up artist might charge between 2k-5k to do a professional makeup for a customer.

Then a photo studio usually charge around 1-2k  to take a professional picture. So adding up these would have cost 1200 + 3k + 1k=5,200 but participant will get all these for 6k.

Run this project and target customers within the city of your location.

You can even use the social media to run this contest.

Wala! Your proposal is ready. Send it to those Businesses 2-3months ahead of time to get their feedback on time and plan properly.

 And in the end, you would have made plenty sales, likewise your other 2 partners. Apart from the sales, this will take your brand to another level as many more people will be aware that your business exist and will trustfully start buying from you.

In summary, no Business is too small or too big to write Business proposals. In fact, every small business should try at least one project like this annually for brand Growth.