How To Write a Business Tender

Business tenders are offers to perform certain jobs or to provide goods sold at a specific price. They are also written in response to a call for bids on a project or a basic quote for a small job. Your well-written business tender will help your company get hired for more contracts and stay profitable. The tender should include the stated service, price, and conditions.  More importantly, the tender should state why and how you or your company should have the job. Be aware of the competition that you will face and take care to ensure that your written business tender is carefully thought out and planned.  You can learn how to write an effective business tender - and how to implement it in such a way that you increase profitability - by taking online courses in business.

Before you write business tenders, be sure that you’re clear on the services or products that the company provides.  You should also determine if the opportunity matches your company’s capabilities. Make sure that you understand what your product and the client requires of you. Also, determine if the project with the business tender will be profitable. Will it allow for other opportunities to arise with your company? Do you or your company have the ability to perform the job to your best ability and the client’s satisfaction?

In writing business tenders, you should begin with a summary of the specifications and conditions listed and how you will meet these. Are there any differentiating factors in your bid? Be sure to state those as well.

Next, state how and why you qualify for the job, along with specific examples. Note your company’s qualifications, successfully completed projects, and previously awarded bids. Explain what you would add to the job and company. If you can, state any benefits that both of your companies will gain from this venture. Most importantly, focus on what’s important to your customer. Is it timely completion, quality, price, or a combination of these? When you are discussing timely completion, describe your plans for managing the job.

In your conclusion, emphasize how your company has had past success with other clients using similar services. Use your sales pitch and reiterate your ability to deliver on promises. After you're finished writing, look the tender over for compliance, spelling, and grammar. Make sure that your tender is easy to read and states the terms and specifications. If needed, provide a listing or reference guide on the contents of the written business tender. Including a cover letter will also make a lasting impression on your company; you can learn everything you need to know about business tenders by attending online business management classes. Remember that late tenders become disqualified, so be prompt!


Share this article!

Follow us!

Find more helpful articles: