Business At A Glance
Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No
Business Overview
Each year government agencies on the federal, state, and local levelsput thousands of RFPs (requests for proposals) out for bid. Theproposals can range from building government buildings to supplyingcomputer equipment for government offices, and just about anything inbetween. Though many of these proposals can be very lucrative for thecompany or individual that successfully bids for the contract, manysmall- to medium-sized contractors simply do not complete the proposaland bid forms.
The bidding process is extremely involved and usuallyrequires technical drawings, action plans and contingencyplans–business owners and management have neither the time norabilities to complete them. A proposal writer compiles and completesthe proposal documents on behalf of the contractor. It’s as simple asthat. Proposal writers charge fees based on the amount of time it willtake to complete the proposal, typically in the range of $30 to $40 perhour. Some proposal writers even charge a commission on the value ofthe contract should their client be awarded. Furthermore, most proposalwriters specialize in an area of expertise such as nonperishable goods,construction, services, maintenance or nonprofit. A proposal writermust have access to a wide range of research resources and in mostcases a technical writing ability.
Needed Equipment
Equipment required for the service is basic and only includes standard office and computer equipment.
