New Business Owner?
Here’s Why You Can’t Say No To Tender Writing Companies
Starting a new business can be an overwhelming process, particularly if you find yourself in a competitive industry. Luckily, there is a range of resources and services that you can access in order to put your best foot forward and establish yourself strongly from the get-go.
If you are in the manufacturing or construction sectors, you may have come across the concept of tendering. Perhaps you are a little confused as to what it actually entails, or are wanting to give yourself the best chance possible at securing those crucial first few projects.
In this situation, the number one decision you can make is to hire out the services and expertise of tender writing companies. A tender writing professional understands what government and private advertisers are looking for in tender applications and how to present your business in the best light. Keep reading to discover a little more about the tendering process and learn how an expert can help your business secure contracts in those important early stages.
Finding a tender
The first step in the process is to locate project opportunities that you think will be suitable for your business. It is very important to do your research and understand the avenues through which tenders will be advertised. These may be government websites or private channels, depending on the nature of the project and client.
Tender writing companies often maintain databases and notification systems, which are great tools to make use of. They will also be able to advise you on which tenders are feasible for your business — there is no point wasting time and money putting together a lengthy application for a project you are unlikely to be competitive in securing. You are far better off investing your money in the services of experts who can steer you in the right direction and increase your likelihood of landing a suitable project.
Putting together a tender application
The application process itself varies depending on the nature of the project — government or private, large or small. Usually a client will post an RFT or Request for Tender, which outlines all the necessary documentation that needs to be included in an application. A Request for Tender typically includes a description of the project, a request for information about the applicant’s experience and capabilities, a request for the estimated price of completion and a firm submission date.
The Response to Tender can then range from a few pages to hundreds, depending on the nature and scope of the project. This is where tender writing companies enter the picture. A tender writing professional can put together all the relevant information using appropriate language and structure. They understand what is expected of applicants and can respond directly to selection criteria with vital examples and references that elevate your pitch beyond that of your competitors. Everything, right down to file format, will be taken care of for you.
Outsourcing is the way to go
It should now be fairly clear that outsourcing your tender application needs to tender writing companies is clearly the way to go, particularly during the early stages of your business. It only takes one contract to establish yourself in your industry — give yourself the best chance possible of landing it!