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Proposals are crucial for small businesses as they help sell the benefits of working with your company and differentiate it from competitors. They demonstrate the value you can bring and aim to win new business. If managing multiple proposals at different stages, investing in proposal management software can optimize the process. This video reviews the best proposal management tools suitable for different use cases, from freelancers to large companies. The first tool mentioned is Prospero, a professional platform that enables users to create attractive proposals, share them effectively, and convert prospects into clients, featuring a variety of pre-made content and templates.