A business offer is a formal proposal from one company to another that outlines potential terms of an agreement and details the services, products or price discounts being offered. It’s typically written after negotiation between the two parties and serves as an agreement to start a business relationship. When preparing an offer, it’s important to ensure all information is accurate and in writing, so that both parties understand the expectations and responsibilities involved. Business offers are not legally binding until accepted, so make sure to discuss and sign off on any changes before proceeding.