A business proposal template is a formal document which is used to highlight a particular product or service to potential buyers or clients. It can be solicited or unsolicited based on the person to person who wishes to prepare this. It must be simple but creative that should address the gap between the business and the customer needs and how to overcome those needs or problems. With the help of this solicited proposal, the prospective client submits a request, while with an unsolicited proposal, you have to approach the client directly, in the hope of attracting business, even though they did not explicitly request a proposal. The objective of a business proposal is to put the buyer’s requirements in front of a seller, whose products and services can not only satisfy the demand but also educate the buyer about the capabilities of the seller’s product. Importance of Business Proposal Template Business proposal is a vital step for any business large or small. There are various steps to follow when it comes to making a business proposal like title or main page, content page, summary of the business, problems need to be addressed, solution of those problems, expertise to solve those