A letter of business proposal is a letter that is sent to someone proposing a business idea. For example, if you had a good business idea, you may consider writing a letter of business proposal and sending it to potential investors to raise money.
Tips for writing a letter of business proposal
- Detail – give as much detail on your idea as possible. It all may make sense to you, but others might need extra information for it to make sense
- Be realistic – don’t make inflated claims or false promises
Sample letter of business proposal
Frank C. Morgan
2643 Emeral Dreams Drive
Freeport, IL 61032
Dear Mr. Morgan
I am writing to you with a new business idea I have been developing over the past few years. After much planning and research, the time has finally come to bring it to market.
I have attached a detailed fact sheet with all the relevant information you will need.
I am looking for an investment from you for about $100,000. This number is negotiable, but I think that amount would allow us to get started on the right foot.
If you have any questions or concerns, don’t hesitate to contact me at 435-231-4231
All the best,
Coretta R. Birmingham