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Want to Increase Your Chance of Winning A Tender Or Bid?
Written by: Lee ListerArticle Overview: Ok you want to bid for work? Great but you are a small company and are not sure whether you have much chance of winning. So what do you do?
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Free Download - What Type of Business Should I Start? By Lee Lister |
Want to Increase Your Chance of Winning A Tender Or Bid?
Ok you want to bid for work?
Great but you are a small company and are not sure whether you have much
chance of winning. So what do you do?
How about a Business Partnerships? Working with another company expands your
potential, experience, abilities and hopefully profits. Not only that but
hopefully you will learn from your business partner.
First of all what kind of business partner should you look
for? Well you need a company that you
can work with first of all. Next they
need to have some skills that will enhance the proposal that you want to put
forward. There should obviously be some
kind of synergy with the companies as well as a willingness to work together on
the resulting project. So if you are a
plumbing company you can work with another plumbing company and enhance the
amount of work that you can undertake.
Alternatively you could work with a carpenter/general
builder/joiner/electrician etc and bid for a larger slice of a total project.
Some of he benefits of working with a partner are:
-
Spread the risk and costs of bidding – preparing
and writing proposals can be expensive.
-
Obtain experiences that you do not have to make
the bid that much more interesting and appropriate.
-
Gaining corporate experience from each other.
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Your staff gain valuable skills and experience
in larger projects than you currently undertake.
-
Your organisation becomes better known within
the market.
-
The different views of life, problems and
business that each of you have can be shared.
You should also ensure that you partner also benefits!
Of course there are going to be problems:
-
You must get on and be able to work together on
the resulting project. Arguments look
unprofessional and cost money!
-
You need clear boundaries and responsibilities
and know who is in charge on the project.
This may mean one company is in charge of the other’s staff for some
time.
-
The split of work must be appropriate to reward –
in other words – you receive the value of the work that you do.
-
You need to check that you are not expected to
be responsible for matters you have no control over?
-
Your skills and experience must compliment each
other so that you can help each other out as required.
Good Luck
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About the Author: Lee Lister RSS for Lee's articles - 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: Click here to visit Lee's website Entrepreneurs How Do You Ride The Turnover Cycle Tender Writing Dancing to the Tune of that Elusive Dollar Angel Investors How to Interest Them in Your Business Entrepreneurs Heres A Great Way To Cut Your Advertising In Half |
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