A Business Model Proposal is an official document that outlines how a business plans to make money. It outlines the structure, legal status, and vision of the proposed organization, as well as the goals it wants to achieve. A Business Model Proposal also sets out how the company will interact with customers and suppliers, undertake its research and development, launch products, and promote its services. By taking the time to carefully consider all aspects of the business model, entrepreneurs can create a realistic and achievable plan for earning profits.