What is a Business Proposal?
A business proposal is a formal document or letter sent to another party—such as a bank, investor, or partner—to propose a business idea, request funding, or establish a professional relationship. It outlines the goals, needs, financial plans, and benefits of the proposal.
Purpose of a Business Proposal:
- Seeking business loans from banks
- Attracting potential investors
- Proposing partnerships or joint ventures
- Presenting new projects to stakeholders
- Gaining financial or logistic support
Key Elements of a Business Proposal Letter:
- Sender’s name, business, and contact info
- Date
- Receiver’s designation and organization
- Subject line (clear and concise)
- Introduction (brief overview)
- Business idea description
- Goals and expected outcomes
- Financial needs (if any)
- Call to action/request for response
- Closing (signature, name, designation)
Sample Business Proposal Letter:
Masnun Salehin
Managing Director, SR Tech Solutions
Khulna, Bangladesh
Date: 15 April 2025
To
The Branch Manager
ABC Bank Limited
Daulatpur Branch, Khulna
Subject: Business Proposal for Startup Loan
Respected Sir,
I am writing to present a business proposal for launching a tech startup focused on software and digital banking solutions. The projected business model includes a strong return on investment, and our initial capital requirement is BDT 10,00,000.
We are requesting a startup loan to support infrastructure, staffing, and marketing. A detailed business plan is enclosed for your review. We hope to schedule a meeting soon to discuss this further.
Thank you for considering this proposal.
Sincerely,
Masnun Salehin
Phone: 017XXXXXXXX
Email: srtech@email.com
Tips for Writing a Business Proposal:
- Keep the tone professional and positive
- Use clear data and facts to support your idea
- Be specific with your financial needs
- Attach a separate detailed business plan if needed
