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5 Steps to Writing an Award Winning Business Proposal

5 Steps to Writing an Award Winning Business Proposal

Write the Business Proposal By Yourself

I can’t believe I have paid a company to write my business proposal for me. Truth be told, a business plan is very personal. How can somebody else recognize the vision and passion you have as an entrepreneur and write a business plan that is up to your expectations? If you don’t have time to research and develop your own business plan, it doesn’t have the potential to build a successful business. A business proposal includes writing your own financial projections as well. If there’s a change in the projected cost, you should know how to update it in order to see how your projections auto-populate to affect the bottom line. No doubt, it’s a rigid learning curve, and you have to stay patient. This will eventually build up your confidence while presenting your plan to potential investors and stakeholders. The first step to becoming the master of your start up’s success is mastering your business proposal.

Work On Your Business Proposal (Almost) Every Day

It’s significant that you work on your business proposal almost every day. As far as I am concerned, I assigned two hours every weekday, and six hours on the weekends to researching and writing my plan. The physics of inertia will work in your favor if you touch your plan daily. What is inertia? It’s the phenomenon that refers to the concept that objects in motion will stay in motion and objects in a resting state are harder to get going again. If you put your plan down for too long inertia will work against you.

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Don’t Agonize: Your Business Proposal Will Be Wrong Before You Even Start Writing It

When you start writing your plan, don’t put so much pressure on yourself to be 100 percent right about every minor detail. Avoid moving back and forth, worrying about future projections. Rather, you need to make sure that you have sufficient start-up capital to cover you for the first 1 to 2 years of operations. Pay attention to building a strong relationship with your customers and a quality product that makes them come back for more.

Fall in Love With Your Product & Industry

Falling in love with your product is really important. As we all know, loving something means you want to know everything about it. You become serene and investigative with it.  It’s like you have a crush on your product and you’re stalking your product category online. You’ll follow your competitors and industry leaders on social media sites such as Facebook, Instagram, Twitter to stay abreast of the latest trends and modifications within your industry. You may also gain knowledge of price points, where competitors manufacture their products, how are they advertised, and how you steal customers from your competitors. What will you do that draws customers towards your product? To build an award-winning business proposal, you need such level of dedication.

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Network

Stay evident within the community of the business plan competition. For this, you need to introduce yourself and your company to the facilitators. Get involved and ask questions. Before submitting your business proposal pdf, the contest community should know who you are and about your business idea.

In the end, you need to carefully review the proposal to confirm it completely fulfills the requirements specified in the RFP. Just make sure that the information is arranged logically, meaning that it fully addresses each of the decision maker’s concerns. Lastly, proofread the proposal to grasp spelling and grammatical mistakes.

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Don’t let careless mistakes or sloppy writing ruin a proposal; many contracts are awarded solely on the quality of the proposal.

Featured photo credit: 5 Steps to Writing an Award Winning Business Proposal via lifehack.org

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Last Updated on May 23, 2021

10 Best Free Job Apps You Need For Effective Job Hunting

10 Best Free Job Apps You Need For Effective Job Hunting

Seeking for the right job but not sure how to do it in a more effective way?

Try job search apps!

To make the job hunting process easier, I’m recommending 10 best job apps that can help you look for the right match anywhere at any time. The best of all? They’re all free!

1. jobandtalent

jobandtalent

    Great for browsing new jobs as you commute home via subway, bus or carpool, the jobandtalent app is like a Pinterest for job seekers.

    Easily browse, save and revisit job postings from your smartphone and receive notifications about jobs that match your professional qualifications.

    Download it for iOS and Android.

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    2. Jobr

    jobr

      This job hunting app is unique in that it lets you anonymously browse job listings based on your professional resume. If a company that you like also shows an interest in you, the app let’s you chat directly with a company rep. Great for getting your foot in the door and making a memorable impression.

      Download it for iOS.

      3. Monster Job Search

      monster job search

        I’m a big fan of Monster. It’s one of the first job sites employers think of when they want to list a new position online. The Monster Job Search app functions pretty similarly to the normal website, so it’s very easy to use for not-so-tech-savvy job hunters.

        Download it for iOS and Android.

        4. Jobs and Career Search

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        job and career search

          This is a good, simple app for browsing global locations for your next job. With a job index of more than 50,000 jobs listed globally, this app is a good choice if you are moving to a new area and want to line a new job up quickly.

          Download it for iOS.

          5. Hyper Networking Groups

          hyper networking groups

            This job hunting app isn’t so much a job hunting app as it is a connections hunting app. It’s great for learning who’s who in your desired field and forming connections. It also shows you how you and your industry connections are connected via your social networks, so you can follow up with them on your other social sites.

            Download it for iOS.

            6. CardDrop

            CardDrop

              CardDrop is an awesome job hunting app that let’s you digitally drop and pick up virtual business cards. This app is great for helping you make new connections at seminars, interviews, meetings and conferences. You can also attach social media profiles to the cards you pick up or send to enable easier connecting on social networks.

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              Download it for Android and iOS.

              7. Job Interview Questions

              interview questions both

                Okay, so this app looks kind of outdated, but it’s super useful for getting you into the swing of answering any kind of interview question that is thrown your way. The big benefit of using this app is that it explains to you what your interviewers motivations might be for asking you a specific kind of question. Learn what your interviewer is looking for in your answers and be more prepared for the real interview when the time comes.

                Download it for Android.

                8. 101 Interview Questions and Answers

                101 both

                  This app is great because it provides guidance about the kinds of answers you should give for each kind of question. Think of it as an essay rubric but for job interview questions.

                  Download it for Android.

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                  9. Job Interview Question-Answer

                  q and a

                    Feeling confident with your text-answered interview questions but concerned about doing the face-to-face interview? This app prepares you for interacting with your interviewer by simulating an employer asking you questions.

                    You can record your response and see what you look like to the interviewer to understand what movements, vocal pauses, etc. you need to work on.

                    Download this app for iOS and Android.

                    10. HireVue

                    hirevue

                      HireVue is a great job hunting app for those times when your interviewer wants to get some preliminary questions out of the way.

                      When an interested employer wants to interview you, they send you a request via HireVue and you can answer it in your free time, when you’re ready. Your interview might consist of a some FaceTime, some multiple choice questions or open-ended text answers and can be completed and sent to the interviewer when you’re finish.

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                      Download it for Android and iOS.

                      Featured photo credit: Yura Fresh via unsplash.com

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