Jackie Said:

PLS READ-Do you think this is a good start to my Business proposal?

We Answered:

If you want to impress the bankers, then I would show them how historic revenues, variable/fixed expenses, and cash flows in the salon are stable. Then, you should find evidence of what drives those revenues in your market (perhaps there is a correlation of tanning to a certain population of single women or men between a certain age group or proximity to a college, etc.), and show how those drivers are at least forecasted to remain constant or hopefully grow in your favor. Then, show who your competition is and how you differentiate from them...what your unique selling proposition is (perhaps fitness - though I will touch on that in a sec). The bankers are not risk takers, they are not entrepreneurs. They want to feel safe and know their loan is safe. Therefore, they want to konw you have thought ahead of the risks you are going to take on and know you have a plan for mitigating them. OK, now you mentioned that you are going to add exercise equipment. Don't. Unless you have enough space (and money) to fully equip a gym, then don't do it. It is much easier for a gym to add two rooms with tanning beds than the other way around. Don't go head-on in competing with them. Instead, find something unique. Perhaps, you could partner with a few travel agencies to give specials to people who booked vacations in sunny spots with them (to help them get a base before going), or partner with a local gym that doesn't have tanning beds by having a small competition sponsored to its members, or use that extra space to put in a spray-tan booth. I'm not saying your idea is bad with workout equipment (have not seen your space, don't know your market or clientele, etc.) but my point is to let the banker know that you are someone who is not going to gamble their money and that you aren't afraid to talk to them about realistic challenges that lay ahead and how yo uwill solve them by interally driving down costs and externally differentiating your salan.
OK, the advice might suck, but it's free. This is what consultants do when they get home bored;)

Lester Said:

Can Anyone Help Me Write A Business Proposal??

We Answered:

"90% of the internet is porn, right?

So I'm starting an internet cafe so guys can surf surf w/o the fear of the wife beat-down!"

The guys in the group will understand.

Terrence Said:

How to write a good business proposal?

We Answered:

Information is below.

Daisy Said:

how do we write a good business proposal?

We Answered:

Ok .. Try the following :-

1 - Find out about your potential partner by talking to them, reading their mission statement and researching them – as well as learning how they make decisions. This will reveal the "buttons" that you’ll need to press as you describe the benefits of the partnership (ie. more profits, something new to offer their clients, giving their business a new edge on competition, etc.).
2- Make an offer they can’t refuse. Again, this will also take some research, but within reason, you should bend over backwards to accommodate your potential partner and make it as profitable for them as possible. Remember that the clients you acquire from a joint venture (JV) will purchase from you again and again – and it’s usually the "back end profit" after the JV where the real money gets made...
3- Make it as easy as possible for them to say "yes". People in general are obnoxiously lazy. Many of proposals have been rejected simply because they either seem too complicated – or it sounds like too much work, regardless of how lucrative they are. Simplify your proposal, and if necessary, take on the majority of the workload – remember that you’re sitting on a goldmine!
4- Show them the money. Don’t be vague when it comes to potential earnings. Logically explain to your prospect how much they could reasonably earn from the partnership. It is very important that you do not simply make an "educated guess" – base your predictions entirely on your current marketing stats, sales conversion rates and other real data. This is likely the most overlooked – yet crucial – part of any given JV proposal.
5- Be personal. A "canned" or impersonal proposal likely won’t even make it more than ten seconds before getting tossed in the garbage. Relate to your prospect and emphasize their values by validating their interests, goals and passions. Also, if you want to really make an impact, send your proposal as a hard copy via FedEx. Email is simply too easy to ignore, erase or forget about.
6- Add a real sense of urgency. You want to subtly hint to your potential partner that you won’t wait long to hear back from them – which is true, because if they say “no??, you’ll have to find someone else anyway. Word this in such a way that it compels them to action either way – but don’t be overbearing, deceptive or unrealistic.
7- Build rapport with your prospect. You must understand that the majority of business people – especially those that are very successful – would much rather work with someone that they know, like and trust than a complete stranger. In fact, it’s crucial that you do this before you even send them a proposal...


hope this help you..
Good luck and have a great day .......