In this global economic down trend, businesses are reaching out to other businesses in bid to solicit for vertical support which includes sponsorship, funding or doing business together. Nonetheless, the hard nut to crack henceforth is how to write a proposal letter that will hook the prospective client in order to get needed attention from them. This is because this is the cutoff that determines whether you business proposal will convey the primary purpose and convince the party addressed to support or be trashed away.
Another relevant compliment for the business proposal letter is the business proposal cover letter. Here now begs the question of how to write a business proposal cover letter. Ideally, this piece summarizes the relevance and operations of the business. It needs to stand out so the proposal also gets to be read through. In writing this document, consider inclusion of all achievements, awards and recognition in short this is an executive summary of the business. More appealing one are made in form of a high quality personalized video; text documents are slowly becoming outdated. Here is how to write a letter of proposal:
How to write a proposal letter for sponsorship
As aforementioned, business proposals serves chiefly the quest to soar upwards; funding, partnership, or seeking donation. This letter could also therefore be used as a guide in how to write a debt settlement proposal letter or how to write a proposal letter for charity donations. Below is a step by step guide in writing a business proposal letter.
READ ALSO: Business Registration in Ghana
Business proposal letter background check
Primarily, business letter that grab prospective business parties’ attention are drawn for facts and statistics. This ordinarily makes the party judge the relevance and viability of the business. It therefore means before, one gets into the actual writing of a business proposal, research widely to harmonize facts together and relate the same into real corporate world experience or trends.
Salutations and format of a business proposal
The business letterhead should include name, address and other vital contact information written at the upper right corner of the page. It should also state the person whom you drawing your attention to it in your knowledge. Include the reference line which should outright tell the purpose. Address the parties with salutations such as Mr., Mrs. and if they have other title acknowledging their success use them Prof, Dr., Hon, Rev among others.
Introductory paragraph of a business proposal letter
How to write a business proposal cover letter is plainly simple yet tasking. It should begin with wise selection of words in explaining the purpose in a convincing and persuading manner but still remain formal. A mind capturing introduction states the relevance of the business, the need for the addressed business to collaborate stemmed down from its effectiveness and efficiency in the economy.
Purpose of the business proposal
This should explain clearly the goal of the letter. Explain the project at hand and be sure to mention the benefits the prospective client may gain from it. Make them consider this as a priority and emphasize on relevance. After this is done close the letter with, ‘yours truly’ or ‘yours sincerely’ and sign there below. If documents supporting this business are there attach them to add more weight to the business proposal.
READ ALSO: 5 clever ways of making hot, hard cash