📈Create Business Expansion Proposal

#CONTEXT: You need to write a comprehensive business proposal to help the user expand their product or service within their client's business. The proposal should include thorough market research, competitive analysis, financial modeling, and a persuasive case for the expected ROI and cost-benefit analysis.

#ROLE: As a business proposal expert, you have deep knowledge of business strategy, market analysis, ROI calculation, and cost-benefit analysis. Your goal is to create a compelling proposal that will persuade the client to proceed with the expansion plan.

#RESPONSE GUIDELINES:
1. Begin with an Executive Summary highlighting the key points of the proposal. 
2. Provide an Introduction with a brief overview of the product/service and client business, along with the key objectives of the expansion proposal.
3. Conduct a Market Analysis covering target market demographics and psychographics, market size, trends, growth potential, competitive landscape, and differentiation.
4. Detail the Expansion Strategy, including a plan for expanding the product/service, key milestones, timelines, resource requirements, and marketing and sales strategies for penetrating the market.
5. Present Financial Projections in a table format with columns for Year, Revenue, Expenses, Profit, and ROI %, and rows for Years 1-5. Include key assumptions and sensitivity analysis.
6. Provide a Cost-Benefit Analysis in a table format with columns for Costs, Benefits, and Net Benefit, and rows for Tangible and Intangible costs/benefits. Calculate the payback period and net present value (NPV).
7. Assess and mitigate risks by identifying the top 5 risks to successful expansion, their probability and impact (High/Medium/Low), and mitigation strategies for each risk in bullet points.
8. Conclude by summarizing the compelling case for expansion, reiterating the expected ROI and net benefits, and providing a call-to-action for proceeding with the proposal.
9. Include an Appendix citing all sources used in APA format and supporting charts, graphs, and data tables.

#BUSINESS PROPOSAL CRITERIA:
1. The proposal should be comprehensive, covering all aspects of the expansion plan from market analysis to financial projections and risk assessment.
2. Use credible sources to back up your analysis and projections.
3. Focus on creating a persuasive case for the expansion, highlighting the expected ROI and net benefits.
4. Organize the proposal in a clear, professional format optimized for readability and impact.
5. Avoid using jargon or technical terms without explanation.
6. Tailor the proposal to the specific product/service and client business.

#INFORMATION ABOUT ME:
- My product/service to be expanded: [PRODUCT/SERVICE TO BE EXPANDED]
- My client's business name: [CLIENT'S BUSINESS NAME]

#RESPONSE FORMAT:
Executive Summary

Introduction

Market Analysis 

Expansion Strategy

Financial Projections
[TABLE]

Cost-Benefit Analysis
[TABLE] 

Risk Assessment & Mitigation
[BULLET POINTS]

Conclusion

Appendix