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Essay #3 Business Proposal

       Directions in Full
              Tips
There are Several Parts
• Cover/Title Page
• Letter/Memo of Transmittal
• Table of Contents with List of Illustrations
  (optional)
• Executive Summary
• Introduction
• Discussion Sections
• Conclusion
Cover/Title Page

• Title: Proposal for Town of _____ (fill in the
  blank) Small Business Grant
• Come up with a name for your company
• Come up with a company logo
• “Prepared for ______” (Town Board of ____
  (name of town).
                        TIP:
Spacing, Fonts, Logo, and Layout are Important
Letter/Memo of Transmittal

• Use the company logo in your heading

• Write to a specific person on the town board -
  - find out the name and address of the town
  supervisor or mayor
Letter/Memo of Transmittal
                       TIPS:
• Proper Business Letter Format is Important.
• Do not put in too much detail at this point
  but do include enough to create a positive
  first impression. 250 words, maximum.
• Refer to the small business grant and your
  application—you are submitting a proposal
  to receive a grant of $150,000.
Table of Contents
• Follow the outline provided in the textbook
  and on Blackboard
• Your subheading under Features and Benefits
  will differ from the subheadings in the sample
  proposal in the textbook - - think carefully
  about your subheading titles
Suggested Subheadings in TOC
– Overview of Business
– Location of Business
– Immediate Benefits
– Long-Term Benefits
– Potential Concerns
– Competitors
– Initial Plans for Grant Money
Table of Contents
                     TIPS:
• The wording of the headings in the TOC
  should match that of the ones you actually
  use within the proposal text.
• Page references should be correct.
Executive Summary

• Present a concise overview of your proposal’s most
  important points. DO NOT merely repeat yourself.
• Make a brief mention of the town’s need for your
  business/service and how your business/service will meet
  that need.
                             TIPS:
• Your first sentences should engage your reader’s
  attention.
• Focus on only 2-3 “selling points” - - do not go into too
  much detail.
• Limit yourself to 250 words.
• Write the summary after you have finished the entire
  proposal.
Introduction

• State the purpose of your proposal: You are seeking a
  $150,000 small business grant from the town
• Provide an overview of the town: Why does it need
  your business? What is going on now? What do
  residents do now, without your business/service?
• Provide an overview of the current
  economic/demographic context: Who is living in your
  town in 2012? What needs do they have at present?
  (Do some research about this.)
• Describe how your business/service will meet their
  needs.
• Include mention of your expertise.
Introduction
                       TIPS:
• There are various sites that provide
  demographic information including real
  estate sites. However, start with the US
  Census site: http://www.census.gov/#
• If you use outside information at this point,
  remember to cite it.
Discussion Sections
          Suggested Subheadings
• Provide supporting information in this section;
  this is the longest part of your proposal.
• Subheadings:
  – Overview of ________ (Use the name of your
    business/service); provide a detailed description
    of your business/service and your target customer
    base.
  – Proposed Location of _____ (Describe—include a
    map—the location of the business, explaining why
    it is suitable.) (The map will be an outside source.)
Discussion Sections

– Competition: Identify regional competitors. How
  will your business/service stand out from that of
  competitors?
– Immediate Benefits to _____ (name of town);
  explain the immediate (within the first 12 months
  let’s say) benefits that your business/service will
  bring to the town.
– Long-Term Benefits to _____ (Discuss the long-
  term benefits)
Discussion Sections
– Possible Objections: This will depend upon what
  type of business you are starting. If you can
  honestly not think of any, then leave this section
  out.
– Initial Use of Grant Money
Conclusion

• Summarize your main points briefly, stressing
  the benefits to the town.
• Look to the future. What are your next steps
  going to be assuming that you get the money?
• Reassure your reader that you are around and
  are willing to answer follow-up questions.

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Essay 3 overview

  • 1. Essay #3 Business Proposal Directions in Full Tips
  • 2. There are Several Parts • Cover/Title Page • Letter/Memo of Transmittal • Table of Contents with List of Illustrations (optional) • Executive Summary • Introduction • Discussion Sections • Conclusion
  • 3. Cover/Title Page • Title: Proposal for Town of _____ (fill in the blank) Small Business Grant • Come up with a name for your company • Come up with a company logo • “Prepared for ______” (Town Board of ____ (name of town). TIP: Spacing, Fonts, Logo, and Layout are Important
  • 4. Letter/Memo of Transmittal • Use the company logo in your heading • Write to a specific person on the town board - - find out the name and address of the town supervisor or mayor
  • 5. Letter/Memo of Transmittal TIPS: • Proper Business Letter Format is Important. • Do not put in too much detail at this point but do include enough to create a positive first impression. 250 words, maximum. • Refer to the small business grant and your application—you are submitting a proposal to receive a grant of $150,000.
  • 6. Table of Contents • Follow the outline provided in the textbook and on Blackboard • Your subheading under Features and Benefits will differ from the subheadings in the sample proposal in the textbook - - think carefully about your subheading titles
  • 7. Suggested Subheadings in TOC – Overview of Business – Location of Business – Immediate Benefits – Long-Term Benefits – Potential Concerns – Competitors – Initial Plans for Grant Money
  • 8. Table of Contents TIPS: • The wording of the headings in the TOC should match that of the ones you actually use within the proposal text. • Page references should be correct.
  • 9. Executive Summary • Present a concise overview of your proposal’s most important points. DO NOT merely repeat yourself. • Make a brief mention of the town’s need for your business/service and how your business/service will meet that need. TIPS: • Your first sentences should engage your reader’s attention. • Focus on only 2-3 “selling points” - - do not go into too much detail. • Limit yourself to 250 words. • Write the summary after you have finished the entire proposal.
  • 10. Introduction • State the purpose of your proposal: You are seeking a $150,000 small business grant from the town • Provide an overview of the town: Why does it need your business? What is going on now? What do residents do now, without your business/service? • Provide an overview of the current economic/demographic context: Who is living in your town in 2012? What needs do they have at present? (Do some research about this.) • Describe how your business/service will meet their needs. • Include mention of your expertise.
  • 11. Introduction TIPS: • There are various sites that provide demographic information including real estate sites. However, start with the US Census site: http://www.census.gov/# • If you use outside information at this point, remember to cite it.
  • 12. Discussion Sections Suggested Subheadings • Provide supporting information in this section; this is the longest part of your proposal. • Subheadings: – Overview of ________ (Use the name of your business/service); provide a detailed description of your business/service and your target customer base. – Proposed Location of _____ (Describe—include a map—the location of the business, explaining why it is suitable.) (The map will be an outside source.)
  • 13. Discussion Sections – Competition: Identify regional competitors. How will your business/service stand out from that of competitors? – Immediate Benefits to _____ (name of town); explain the immediate (within the first 12 months let’s say) benefits that your business/service will bring to the town. – Long-Term Benefits to _____ (Discuss the long- term benefits)
  • 14. Discussion Sections – Possible Objections: This will depend upon what type of business you are starting. If you can honestly not think of any, then leave this section out. – Initial Use of Grant Money
  • 15. Conclusion • Summarize your main points briefly, stressing the benefits to the town. • Look to the future. What are your next steps going to be assuming that you get the money? • Reassure your reader that you are around and are willing to answer follow-up questions.