Business Development Proposal Template – Every business should be developed because there are always goals to reach. Writing a business development proposal is necessary if you want to propose your business development idea by providing some description and explanation of why it is needed and useful.

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Make a Brief Description
This is also called the elevator pitch where you will briefly describe the business. This is an important part to pay attention as the proposal reader will read the elevator pitch first before the rest of the proposal. It gives him an idea about what the proposal is all about without having to dig deeper.

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Provide the Mission Statement
If the proposal is made for the internal organization, then you may think why would you need to provide the mission statement, which all the employees have known? It is still necessary, though. The proposal readers can make decisions based on the mission statement while aligning the business development ideas with it. For investors and customers, the mission statement can encourage them to do what you want them to do.

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Analyze the SWOT
By analyzing the weaknesses and strengths, the threads and opportunities of your company, you can easily choose what opportunities are worth reaching and what you can do for better business development. The strengths can be improved and the weaknesses can be eliminated. The opportunities can be reached while the threats can be reduced.

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Set the Goals
Business development would be nothing without goals, so set them properly. The goals should be decided for a certain amount of time, for example, five years. However even if you have planned the five-year goals, you still need to reach the short-term goals first, which should be made in a year. If the one-year goals are successful, you can easily continue the rest of the goals by making some changes and updates based on what you have experienced.

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Remember that the goals are changeable. They need to be updated depending on your company situation to get the most effective ones. It doesn’t have to be a year or five years for updating them, but you need to recheck your goals at least every month. Before the goals are used next month, make sure you have looked at them again.

Research the Industry
The industry of your business should be growing, which means it provides opportunities for your business to grow easily from time to time. If it is not, you need to do some effort to make the market more effective. Focus on whether or not it is growing because this is the only thing from the industry related to your business development.

Target the Customer
To grow your business, satisfying the customers is the key. You need to know the needs of your customers so that you can provide them properly. Connecting the business with the customer needs an advertisement. Since advertising is not cheap, make sure that you get the most by choosing the best advertising strategy to get the customers’ attraction in buying from you.

Research the customers first to decide the right strategy and bring them closer. Not only the customer, should the prospects be targeted as well because they can be converted into your customers if you encourage them in the right ways. So, plan your marketing strategy carefully to end up with your desired result.

Track the KPIs
You might have plans and goals, but how would you know whether or not your business development works well? You can find out by tracking the KPIs. First, decide the KPIs to use depending on your goals. By tracking the KPIs, there is also a way out of any failure if some of the indicators are not showing the result that you want.

Research the Competitors
Find out what makes your competitors have their positions today. Identify their strengths to help you plan good business development. Analyze their weaknesses too for giving you opportunities to get some benefits from them. The competitors might be better at some points, but you also have your strengths, so use them wisely.

Gather the Team
Make your team ready for the plan to ensure the goals can be achieved. List all the people that will be involved in business development and get some new employees if necessary. Your team should be strong enough to realize all the goals that have been set before.

Plan the Execution
Surely you don’t want the goals to be just written in the proposal, but executing them is the reason why you propose. Realizing the goals can be done by creating some projects to help to reach the goals. All of them should be well planned including when they will be started and ended.
Completing a business development proposal requires a lot of time and effort, but the result is worthy of your business can grow better. Understand how to end up with a good proposal by knowing what and how to include the required information. Don’t forget to frequently update your business development plan to make it more useful.

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Business Development Proposal Template – Every business should be developed because there are always goals to reach. Writing a business development proposal is necessary if you want to propose your business development idea by providing some description and explanation of why it is needed and useful.

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Make a Brief Description
This is also called the elevator pitch where you will briefly describe the business. This is an important part to pay attention as the proposal reader will read the elevator pitch first before the rest of the proposal. It gives him an idea about what the proposal is all about without having to dig deeper.

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Provide the Mission Statement
If the proposal is made for the internal organization, then you may think why would you need to provide the mission statement, which all the employees have known? It is still necessary, though. The proposal readers can make decisions based on the mission statement while aligning the business development ideas with it. For investors and customers, the mission statement can encourage them to do what you want them to do.

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Analyze the SWOT
By analyzing the weaknesses and strengths, the threads and opportunities of your company, you can easily choose what opportunities are worth reaching and what you can do for better business development. The strengths can be improved and the weaknesses can be eliminated. The opportunities can be reached while the threats can be reduced.

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Set the Goals
Business development would be nothing without goals, so set them properly. The goals should be decided for a certain amount of time, for example, five years. However even if you have planned the five-year goals, you still need to reach the short-term goals first, which should be made in a year. If the one-year goals are successful, you can easily continue the rest of the goals by making some changes and updates based on what you have experienced.

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Remember that the goals are changeable. They need to be updated depending on your company situation to get the most effective ones. It doesn’t have to be a year or five years for updating them, but you need to recheck your goals at least every month. Before the goals are used next month, make sure you have looked at them again.

Research the Industry
The industry of your business should be growing, which means it provides opportunities for your business to grow easily from time to time. If it is not, you need to do some effort to make the market more effective. Focus on whether or not it is growing because this is the only thing from the industry related to your business development.

Target the Customer
To grow your business, satisfying the customers is the key. You need to know the needs of your customers so that you can provide them properly. Connecting the business with the customer needs an advertisement. Since advertising is not cheap, make sure that you get the most by choosing the best advertising strategy to get the customers’ attraction in buying from you.

Research the customers first to decide the right strategy and bring them closer. Not only the customer, should the prospects be targeted as well because they can be converted into your customers if you encourage them in the right ways. So, plan your marketing strategy carefully to end up with your desired result.

Track the KPIs
You might have plans and goals, but how would you know whether or not your business development works well? You can find out by tracking the KPIs. First, decide the KPIs to use depending on your goals. By tracking the KPIs, there is also a way out of any failure if some of the indicators are not showing the result that you want.

Research the Competitors
Find out what makes your competitors have their positions today. Identify their strengths to help you plan good business development. Analyze their weaknesses too for giving you opportunities to get some benefits from them. The competitors might be better at some points, but you also have your strengths, so use them wisely.

Gather the Team
Make your team ready for the plan to ensure the goals can be achieved. List all the people that will be involved in business development and get some new employees if necessary. Your team should be strong enough to realize all the goals that have been set before.

Plan the Execution
Surely you don’t want the goals to be just written in the proposal, but executing them is the reason why you propose. Realizing the goals can be done by creating some projects to help to reach the goals. All of them should be well planned including when they will be started and ended.
Completing a business development proposal requires a lot of time and effort, but the result is worthy of your business can grow better. Understand how to end up with a good proposal by knowing what and how to include the required information. Don’t forget to frequently update your business development plan to make it more useful.

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