Free Tenders - The Right Way To Grow Your Business!
Tenders are legal documents wherein, an institution invites both individuals and business to come forward and bid for a contract
. Many big organizations and institutions come out with tenders to attract a large number of service providers to come forward and bid for their services. The one who has bid the optimum and offers good services and features is preferred over other bidders.Offering tenders is lucrative for both the company that offers it and those who bid for the contract. The organization that offers tenders is able to receive a vast number of entries, which allows it to take a better decision, and grab the best deal available. And for the bidders too, it is an excellent opportunity as it helps them to expand their business. It also allows them to bag-in big and great deals. As a result, it's a very effective way to take your business straight on the road to success.
Generally, the information on free tenders is published in newspaper advertisements, making it accessible to almost everyone. However, these days you can find the information about latest free tenders options on the Internet. There are a number of websites which list them for your convenience. You can keep a track of these websites and know about tenders of your interest as soon as they are listed. Thus, it is now possible to fill in tenders" offline and online as per your convenience.
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Writing a tender response is not a cake walk. You need to keep a few things under consideration to increase the chances of winning a bid for yourself or your company. Here are some key points for you to consider:
- Bid early:"The early bird catches the worm's, is a popular saying and holds true even in today"s time. Early bidders get an advantage as this shows their industry awareness, and how keen they are on taking up the opportunity. Make use of online portals which list these tenders and fill in the free tender form.
- Plan and revise: It is better to plan well before you write your bid for the tender. There is no point in burning the midnight's oil without planning. Plan the strategy and writing and then revise it to avoid any potential mistake. As even one mistake might cost you the project.
- Complete the PQQ (pre-qualification questionnaire): Most free tender portals make you fill the PQQ"s which are a mandatory requirement from the tender publishing organizations. This is to check your authenticity and eligibility. So, take the time in filling up the form. Because if you don"t clear this stage you, will not be allowed to bid in the final stage.
- Read the document carefully: It is advisable to read the tender document carefully and watch-out for points of concern. You may seek help of a legal aide or tender writing consultancies to get the papers read.
- Write it well: Your tender should satisfactorily answer all the questions asked, it should also highlight the unique selling point of your business. The presentation should be concise, professional and formal.
- Promote vigorously: Even if your company is well known, write the tender as if you are promoting your brand for the very first time. Provide enough information about your brand and business.
Price: You are the best judge when it comes to pricing your products and services. Determine your price very carefully, keeping all important aspects in consideration. Your price should justify your quality, as it is only then that you will be able to grab the opportunity.
- Consult a tender writing consultancy: It is advisable to consult a tender consultancy service to ensure your tender is perfect, as even one mistake can mess up the things for you.
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