Feedback Form
Home Features Mastermind Forums About Advertise Blog Network Contact Be An Author

Entrepreneurs – Writing Your First Quotation And Not Sure What Goes Into It?

Entrepreneurs – Writing Your First Quotation And Not Sure What Goes Into It?

You’ve got your new business up and running, you’ve done a bit of marketing and got your advert in the yellow pages.  Now you’ve got your first request for a quotation for a large job – so exactly what does a quotation look like?

First of all congratulations your hard work is starting to pay off.  Start nu ensuring that you have some headed paper with your logo and contact details on it.  Your quotation should be quite short about 2 – 4 pages long and should consist of the following:

-        Situation: Your understanding of the situation, current problem to be solved or work to be undertaken.  This can range from one sentence such as “Paint the entire outside of the house at 123 Your Road, Sometown” to several paragraphs that outline the situation.

-        Your Company: An overview of how your company is the best to solve the situation.  Again this can be from one sentence to a couple of paragraphs depending on the type of quotation.

-        Your Product or Services: Now we come to the meat of the quote.  Here you detail what your products and services are.  Use bulleted format wherever possible.  Be specific and ensure that you include everything requested or that will solve the problem.  Include numbers of products and times for your services as well as the end deliverables that you will produce. Ensure that any timeframes are very exact as well as descriptions of your end products.  This can be as simple as “paint all ways in marigold yellow” or as complex as “produce a 30-35 page report on the profitability of your company after 20 days of business analysis.”  If you are able to offer extras – here is where you put them – but ensure that you detail that they are extras.  At the end put the total price.  Put a separate price for the extras so that it is clear that they are extra!

-        Responsibilities: Ensure that you detail who supplies what, when you will be doing the work, who is in charge on site etc.

-        Validity: Give a time period that a quotation is valid. This ensures that you don’t lose out if prices go up over time and that your staff are available when the work is required.  It also allows you to fit your work into your schedule of work.

-        Payment Terms:  You should detail when you expect to be paid and how – such as “30 days after presentation of invoice” or “on presentation of document X”.

-        Terms and Conditions: This should be a standard form that sets out your terms and conditions under which you are working.  You should take legal advice on this.

Good luck.





Entrepreneurs Writing Your First Quotation And Not Sure What Goes Into It - To learn more about this author, visit Lee Lister's Website.

Like this article? Share it with your friends

Article Feedback
 Article Feedback No article feedback found.
  Leave Your Feedback
article feedback

Article Feedback
Kim Castle
With nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website


To learn more about the Evan Elite Author Program please contact us.

About The Author


Lee Lister
(Visit Lee's Website) Lee Lister is a Business Consultant with more than 25 year's consultancy experience for many household names. She is known as The Bid Manager or The Biz Guru.

From an early age she began an unparalleled journey through business consulting that continues to span across the UK, USA, Europe and Asia. She has consulted for a considerable number of companies all over the world. Specialising in business change management, start up consultancy and trouble shooting. Lee's experience in marketing and internet marketing is also keenly sought after.

She is a prolific published writer of books, ebooks and articles and can easily be found on major search engine and Amazon. Her books include: FastTrack Bid Management, Proposal Writing For Smaller Businesses, How Much Does It Cost To Start A Business, Entrepreneur's Apprentice and a series of Start My New Business books that do as they say in the title!

Her major web sites are:
http://www.BizGuru. us
http://www.Bid-Mana ger.com
http://www.Marketin gGuerrillas.com
http://www.StartMyN ewBusiness.com



Lee Lister is a Platinum author on EvanCarmichael.com
About The Author

View Author Blog
View Author Blog

View Author Video
View Author Video

Free Downloads


Lee Lister's

Complete
List Of
Starting-A-Business
Articles

Name
Email
If you enjoyed this article, get Lee Lister's Complete List of Starting-A-Business Articles For FREE!

More Lee Lister
Designing Your New Business Setting Up A Design Business
Entrepreneurs When Your Business Is In Trouble Due To The Recession Here Are Some Things To Review
Entrepreneurs What Can You Learn From Dolly About Managing Your Customers
Entrepreneurs Got A Great Business And Want To Capitalize As Quickly As Possible Heres Some Exit Strategy Ideas
Viral Marketing Give your Advertising a Life of its Own
Viral Marketing 5 Sure Fire Ways To Get The Best Kind of Virus To Have in the Winter
Entrepreneurs Take The Ice Out Of Cold Calling
Investors in your Business 10 Things They Look for in a Business Plan
Entrepreneurs What Do You Need To Ensure Before You Start Your New Business
Budding Entrepreneurs Personal Assistant A Low Cost Businesses To Start In A Recession
Free Downloads


 
 
 


Evan Elite Authors
David Barr  
Stephanie Robey  
John Power  
Evan Elite Authors

Become An Author
Have you written articles that would be of value to entrepreneurs? Become an expert on our site by publishing them! Expose yourself to a wide audience, drive more traffic to your website and get more sales! Click Here for details.
Become An Author

Evan's Latest Video
Modeling the Masters: Learn the true secrets behind Walt Disney's business success factors & grow your company! Video produced by Phanta Media
Evan's Latest Video

Business Opportunities
"Learn straight from Evan how you can Make a Full Time Income (And More) from a Website"

How to Start An Online Business

Click Here To Learn More
Business Opportunities



Evan's Newsletter
Get advice & tips from famous business owners, new articles by entrepreneur experts, my latest website updates, & special sneak peaks at what's to come!
Name:
Email:
Evan`s Newsletter

Free Downloads
Relational Software Icon Relational Software
Life Purpose Icon Life Purpose
Exit Interview Document Icon Exit Interview Document
Federal Antitrust Laws Icon Federal Antitrust Laws
Interview Coaching Icon Interview Coaching
Free Downloads - Complete List

Entrepreneur Tools and Guides
Top 50 Geek Business Blogs
Top 50 Geek Business Blogs
Top 50 Geek Business Blogs
 
Top 50 Diversion Blogs
Top 50 Diversion Blogs
Top Diversion Blogs of 2009
 
Entrepreneur Tools and Guides

SEO For Africa
SEO For Africa
Doris Ankrah Goaso, Ghana,
Doris Ankrah
Goaso, Ghana
SEO For Africa

If I Were A Startup...
Brian Scudamore, $200k to $8 Mil in 5 years
Brian Scudamore
$200k to $8 Mil in 5 years
Chris Nguyen, 30+ national clients on $0
Chris Nguyen
30+ national clients on $0
If I Were A Startup... - Complete List

Famous Entrepreneurs
Ernest Gallo, E & J Gallo Winery
Ernest Gallo
E & J Gallo Winery
George Foreman, George Foreman Grill
George Foreman
George Foreman Grill
Famous Entrepreneurs - Complete List

Entrepreneur Advice
David Allen, Getting Things Done
David Allen
Getting Things Done
Seth Godin, Ideavirus Author
Seth Godin
Ideavirus Author
Entrepreneur Advice - Complete List

Popular Articles
(Premium Authors)

     Marketing Blogs - What You Should Know
By Gene Sower
     HOW TO USE KEYWORDS FOR EFFECTIVE SEO
By Gene Sower
     Why You Need To Use A Professional Email Marketing Tool For Your Business
By Gene Sower

Have A Suggestion?
Toronto Salsa Classes / Toronto Salsa Lessons Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
Have A Suggestion?

More Evan Carmichael
More Information