Financial Proposals - The Why and How

In Financial Proposals - The Why and How , you'll learn ...

• Identify the five critical factors to understand before considering your proposal
• Identify the three essentials of a successful financial proposal
• Identify the two major categories of financial proposals and when to use them
• Use historical data to determine where they are now

Overview

Preview a portion of this course before purchasing it.

Credit: 2 PDH

Length: 44 pages

This course provides the "big picture" to anyone with the responsibility of developing and presenting a financial proposal for new equipment, staffing, reorganization, or additional resources.

First, we introduce the essential elements that are critical to a successful proposal. Without all of these, you are just wasting time and risk damaging your credibility.

Next is the selection of the type of proposal you want to make and making sure you include all of the relevant factors.

Then we must have a clear picture of where we are now so we can persuade the eventual proposal audience that we must move to somewhere else. We present this clear picture using statistics drawn from historical data to describe trends and make realistic forecasts of the future requirements.

Finally, preparation of the proposal means careful selection of words to use and a carefully crafted strategy of presenting them in the best sequence for maximum effectiveness because we only have one chance to make a good 'first impression.'

Learning Objectives

Upon completion of this course, participants will be able to:

• Identify the five critical factors that must be understood before considering a proposal
• Describe the three essentials of a successful financial proposal
• Distinguish between the two major categories of financial proposals and identify when to use each
• Use historical data to determine the current position
• Identify trends for forecasting production, including products, design drawings, surveying services, and responses to RFPs
• Calculate break-even points to determine equipment and staffing needs
• Analyze workflows to improve efficiency, effectiveness, or productivity
• Determine optimum staffing levels
• Apply various data-forecasting methods and identify when to use them
• Explain and apply the concepts of capacity and forecasting

Certificate of Completion

You will be able to immediately print a certificate of completion after passing a multiple-choice quiz consisting of 16 questions. PDH credits are not awarded until the course is completed and quiz is passed.