I started this class today and I was reading about the assignment and it's very vague how to go about for this assignment. But I reasearch about business proposal in APA format and this what format I'm going with for this assignment and I hope this help you out a little with this assignment. Other then this assignment 4 and 8, how is this class so far? There is a website just about business setup and you probably can do some research www.synology.com.
Executive Summary : Like an abstract in a report, this is a one- or two-paragraph summary of the product or service and how it meets the requirements and exceeds expectations.
Background: Discuss the history of your product, service, and/or company and consider focusing on the relationship between you and the potential buyer and/or similar companies.
Proposal: The idea. Who, what, where, when, why, and how. Make it clear and concise. Don’t waste words, and don’t exaggerate. Use clear, well-supported reasoning to demonstrate your product or service.
Market Analysis: What currently exists in the marketplace, including competing products or services, and how does your solution compare?
Benefits: How will the potential buyer benefit from the product or service? Be clear, concise, specific, and provide a comprehensive list of immediate, short, and long-term benefits to the company.
Finance: What are the initial costs, when can revenue be anticipated, when will there be a return on investment (if applicable)? Again, the proposal may involve a one-time fixed cost, but if the product or service is to be delivered more than once, and extended financial plan noting costs across time is required.
Conclusion: Like a speech or essay, restate your main points clearly. Tie them together with a common them and make your proposal memorable.