To ensure the proposal is comprehensive and effective, it should answer the following questions:
What is the business idea? Clearly describe the concept and what makes it unique. Who is the target market? Identify the ideal customers and their needs. What is the market potential? Provide data on the size and growth potential of the market. How will the business make money? Explain the revenue model and pricing strategy. What are the startup costs? Outline the initial investment required and how the funds will be used. Who are the competitors? Analyze the competition and identify your competitive advantage. What are the key milestones? Set measurable goals and timelines for achieving them. Who is on the team? Introduce the management team and their qualifications.