Difference between a Business Plan and Business Proposal?
What is the Difference between a Business Plan and Business Proposal?
1-Business proposal means suggestion type of business to set up products, advantages and disadvantages,means for raising capital and how much needed potential markets and competitions.
2-A business proposal is an offer to a third party to participate in your project or business.
3- A business proposal is simply a request to participate in a business.
1-Business plan means how business is to be run, expected expenses, employees, manufacturing, marketing, advertising, distribution, expected profit.
2-Business plan is an instrument to sell yourself, and your company as an entrepreneur.
3-A business plan for your bank or investors to raise money to make it possible to reach your destination.