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HOW TO WRITE A BUSINESS PROPOSAL

A Business proposal bridges the gap between you and a potential client. The proposal consists of key project details, summary and other key objectives about your business. It outlines the value proposition of your business and the primary purpose is to persuade the client to do business with you. A solid business proposal increases your chances to win a new business. It is a definitive sales record, and answers all the concerns your client has. There can be tons of ways and approaches to write a proposal; from the content to the designing, each piece of a triumphant business proposal requires keen arranging and advancement. Before crafting the perfect Business proposal, it is important to understand whom are you writing this proposal for, and hence it needs a little preparation.

SMALL BUSINESS DISASTER PLANNING CHECKLIST

In Bangladesh, companies are not generally prepared for any kind of disaster but it is imperative to have a plan in place. Many small business owners do not understand the importance of a natural disaster plan. Being a business owner you might be ready for internal & external business challenges but you should also be ready for the challenges that Mother Nature throws your way. Unpredictable disasters can cause extensive damage and might take everything that you have; but proper business disaster planning can reduce the loss. You need to understand that it does not take a major disaster to impact your business; even a power failure that can shut down your phone systems can lead to a revenue loss.

HOW TO TRANSFORM YOUR BUSINESS FROM PHYSICAL TO DIGITAL

Setting up an online business has become the new trend these days. The usage of smartphones is rising and so is the demand for an online market for everything. It’s time to get out of the traditional forms of running a business by adopting the path of Online Business Transformation. Ecommerce companies can reduce their physical infrastructure costs at the same time be available to customers at the click of a button from anywhere in the country.

IMPORTANCE OF ONLINE REPUTATION MANAGEMENT (ORM)

Online reputation management (ORM) is an important function to manage your brand or company’s profile online and on social media. Basically ORM helps to improve and monitor your digital presence. It analyzes your potential customers and what information will they get about your product or brand whenever they use Google search or social media. With the growing popularity of third party reviews on websites, social media, and other online platforms, strong online reputation management is important for your business.

GROW YOUR BUSINESS GLOBALLY THROUGH CHANNEL PARTNERS

Whenever you want to increase your profit, you always look at the sales team first. Your business depends on sales and therefore the team needs to find prospects, work towards getting the sales done, get signatures and close the deal. But a company just cannot rely on its sales force for revenue generation. And therefore, other strategies and programs need to be instituted. If the goal of your company is to boost revenue, you might need a secret weapon outside the sales team; a channel partner business. By partnering with channel partners, you can increase your sales numbers, drive new customers and grab the opportunity you may not have been exposed to.

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