Proposal Explained: What You See and What it Means
When dealing with contracts and different business initiatives, it’s likely that you will encounter a proposal. Here at STPT, our proposals that we send to customers have several key factors that we find important to highlight and understand.
What is a Proposal?
A proposal is an offer from a company that provides you details of the product or service you are looking to acquire. Proposals should be provided to potential buyers after a consultative meeting with a sales representative that has an in-depth knowledge of the product or service they represent. Proposals can be accepted by the potential buyer, or negotiation processes can begin in order to better match the buyer’s needs.
Different Factors That Go into a Proposal
While proposals have several different components, there are three main factors that should always be present.