Are you in the process of raising
capital or seeking sponsorship for your business projects and you
need a sample
business proposal? You are in the right place; one of
the skills every entrepreneur should have is the ability to write compelling
business funding proposals. Without it, you will find it very hard to raise
funds for your business from external sources that require proposal
submissions. I made over half a million naira as a corps member in 2015/2016 through
proposal submission to potential investors, senior friends, NYSC, BOI, etc.
In today’s competitive business environment, getting loans
and grants, and sealing merger and acquisition deals is becoming increasingly
difficult. Yet, many businesses need funds from these financing options in
order to stay afloat. Many loan and grant proposals are written by business
owners every day, but only well-prepared proposals will be successful. We where only 3,500 graduates that was shortlisted from 10,000 graduates that applied for the cohort-two of the Youth Entrepreneurship Support (YES-Program)
I aim to identify the key points you need to enable you to
produce a proposal that will match the requirements of any potential funder or
creditor; be it the government, a local authority, an international
organization, a non-governmental organization, an individual, a commercial
bank, or a company. You can contact me (0703-890-1997) for one on one discussion.
What is a business funding proposal?
A funding proposal is
a form of business proposal submitted to a government or civilian entity that
outlines a proposed business project, shows the financial requirements of the project,
and requests monetary (or other) assistance required to complete or
execute the project successfully.
In other words, a
proposal helps to communicate the needs of your business to potential funders
or creditors. And it is largely on the basis of the written proposal that most
funders will decide whether or not to support your business.
A business funding
proposal could also be a grant proposal, a loan proposal, a joint venture
proposal, a merger proposal, and so on; depending on what form of assistance is
being requested.
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