India: Business Consulting | Property Solutions

What is a Business Proposal?
A written form of offers from a seller to the prospective buyer is a business proposal. In the complex sales process, business proposals are one of the main key steps whenever the buyer believes more than price in a purchase.

There are 3 categories of business proposals. Formally solicited, informally solicited, Unsolicited-Solicited proposals are written forms in response to the published necessities which are being contained in a
Request for quotation (RFQ), Request for proposal (RFP) and for invitation for bids (IFB).

In a RFQ, the  customer wants to buy huge amount of a particular item. Here, he will not consider the price, but considers many other factors related to the product. Here, we should include the cost data, small descriptio ,n and the issues that the customer wants to know, such as quality control, etc…

In a RFP, the seller will provide complete stipulations of what the customer wants to buy and some other options to evaluate the product. When the need is not satisfied by the product or service, then the customer prefers to have an RFP. They range from 10 pages to 100 pages without cost data.

When the customers want to buy a service such as construction, then they will have IFB’s. Here, the primary consideration is the price and they also mention the other requirements. These proposals are lengthy and most of the length includes the cost estimation and schedules.

Sometimes the customer will issue a Request for Information (RFI), before an RFP or RFQ or IFB. The main purpose of the RFI is to acquire marketing intellect about the products, services, and the vendors that are available in the market.

Informally solicited proposals are the written forms resulting from the conversations between a prospective customer and the vendor. This type of proposal is normally known as sole source proposal, as this is from a single vendor and doesn’t compete with other vendors. Here, there are no customers’ needs; just the information is gleaned from customers meetings. These proposals will be there from 2 to 25 pages. These are simply called as marketing brochures.

Want a business proposal written then take the help of professional business writers.

Starting a business…

Did you know that out of 10 business start-ups, 8 out of it fail to maintain sustainability in the long run? They eventually go ahead on either closing the business or selling it. You may be wondering why or what may have caused this? Well several of them jump in without properly planning or having a concrete business plan.

My own business has seen several ups and downs and so I felt of sharing some 4 tips valuable for readers who are venturing into starting a business in India or abroad.

Tip 1:      Research, Research , Research before starting a business
One should understand thoroughly about their product/service, Target location and prospective customers. You need to understand whether customers will buy your product or service in the defined territory. Facts & opinions needs to be gathered related the above that gives a concrete understanding.

Tip 2:     Licenses  and other permits required for starting a business            
Does your service require any License or other Govt approvals? Have you registered your business name? Does your business come under a sole proprietorship or Partnership act? Check these out.

Tip 3:      Write a business plan
A Business plan should be written that mentions about your Team, vision, mission, how you manage or run the business, financing, sales forecasting & achieving the breakeven point. This will give a clear picture if you are starting a business to know what resources are required to achieve success in long run.

Tip 4:        Marketing Plan
A good marketing strategy helps you reaching your goals and your estimated turnover. You need to figure out how you plan to make your product reach the customer and make them interested for knowing more.

"Shriyans Management Consultants P Ltd helps people involved in start-up business or entrepreneurs starting a business in India. We provide marketing strategies that covers direct as well as Internet marketing."

Freelance Consultants are someone, who are self-employed and is not fixed in a particular job for long-term. They normally form a Team in all the areas-financial consultants, marketing consultants, web designing consultants, content writing, etc…

Many companies are outsourcing some important functions of their business. So, many people were interested and slowly the rate of Freelance Consultants is increasing. There are many benefits for a freelance consultant. Freelance consultants need not have any particular time to work; they can work at any time. Freelance consultants can also choose their work and work in different areas, improving their skills in all the areas. They are usually called as virtual agencies.

Due to the increase in number of internet users, there is an increase in the need for freelance consultants. This Team of expertise will assist you in all areas of the business. The main advantage for freelance consultants is that companies can get professional expertise and can work on the site and off the site and in their home country and in other countries as well.

Visakhapatnam is a hub for many small and big companies. Many investors want to start their own businesses in Visakhapatnam. At this crucial time, Shriyans Management Consultants P Ltd, one of the consultancy firms in Vizag has come up with a Team of freelance consultants, who have worked in different sectors of many companies and now giving freelance consultancy services to many companies.

If you have any new ideas to start your own business or to do innovative ideas and unable to decide of how and in which way to go, then here is our Team of professionals, who will assist you in every step of your business from Business planning to marketing.