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A proposal letter could be to introduce a company to a client, introduce products for sale, suggest a partnership or a project.
A company usually does an agreement, make a deal, or do a joint venture in order to expand the power and succeed.
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However, before following a particular format or template, make sure that it suits your business and purpose of writing. You need to understand the very famous notion that no man is an island. A business proposal letter is the document that contains the outline about the proposed partnership of one business to another.
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