Can you please help with project proposal for this business case following the template below?

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Debt Reduction and Working Capital Optimization

One strategy for enhancing ARQ Group's liquidity situation would be to concentrate on lowering its debt levels and maximizing working capital. Several methods, including cost-cutting, efficiency-improving, and investigating potential new sources of income, can be used to accomplish this (Gonalves & Rosendahl, 2022). For instance, the business may improve its terms with creditors and suppliers, take cost-cutting measures like simplifying processes and eliminating waste and look into new market prospects to increase income. By concentrating on these actions, the business may decrease its reliance on debt and increase cash flow, which will enhance its liquidity position and support its long-term financial stability.

			PROJECT PROPOSAL TEMPLATE
	PROJECT NAME
	EST. START DATE		EST. FINISH DATE
	PROJECT SPONSOR		DEPARTMENT
	EXECUTIVE SUMMARY
	DESIRED OUTCOME
	ACTION TO COMPLETION
	BUSINESS VALUE AND BENEFITS OF PROJECT
	RISKS OF NOT DOING THE PROJECT
	RISKS INVOLVED
	PROJECTED MILESTONES with Dates
	PROJECTED SCHEDULE
	PROJECTED BUDGET
	PROJECTED TEAM AND RESOURCE REQUIREMENTS
	PROPOSAL MAY BE WITHDRAWN IF NOT ACCEPTED BY DATE OF
	ACCEPTANCE OF PROPOSAL
	AUTHORIZED CLIENT SIGNATURE		DATE OF ACCEPTANCE