Business ProposalA Business Proposal is a document that sets out the business relationship between a client and a business.
A Business Proposal is a document that sets out the business relationship between a client and a business. Framed as a letter, it serves as a binding agreement between the two parties on the terms of their engagement. This includes details on the services being offered, client responsibilities, deadlines and compensation. In addition, the document outlines the nature and limitations of the services being provided.
Having a set of defined expectations and terms to which both parties are satisfied with is highly advantageous. This will help limit the potential for disputes and misunderstandings to arise with your client in the long term.
This letter is general and best suited for businesses that need a general proposal template sent out early in a business relationship.
Use this Proposal Letter If:
You’re entering an agreement to provide services to a client
You want to establish the terms and expectations of the relationship prior to commencing
What does this Proposal Letter Cover?
Purpose and scope of services
Period of engagement
Terms of trade