QSL Tenders are aware of how daunting it can be when you first start bidding for tenders. How do you know if your business is ready to tender? What are the requirements? How do I go about bidding for tenders? What is involved in putting the tender documents together?
In response to these fears that are felt by those new to the process the experts at QSL Tenders have put together a short guide to help you decide whether you business is ready to tender.
The experts at QSL Tenders say that you must be sure that you are ready for tendering before investing resources into it. You must be sure that you have the necessary resources to complete any work you tender for and that your company and staff are up to the task.
Here is the QSL Tenders guide - Is My Business Ready to Tender?
Is my business prepared or ready for bidding on tenders?
• Are you a registered business?
• Do you have qualified employees?
• Are your finances in order?
• Are you up to date with your taxes?
• Can you deliver on the promises you make (time, budget, goods, service)?
• Do you have the necessary resources?
• Do you have the necessary funds?
If you can answer ‘yes’ to all the questions above then the experts at QSL Tenders believe you and your company are in a position to start bidding for tenders.
Once you have ascertained that you are in a position to start bidding you need to think of the next move. The experts at QSL Tenders believe the question that needs to be addressed is:
How should I price my tender?
At QSL Tenders there are four things that we believe you should be considering here:
• Value for money – QSL Tenders would always suggest that you opt for value for money over lowest cost. Clients are going to want to see quality work at a fair price rather than rock bottom prices where corners may get cut.
• Outlays – Equipments, materials and labour are the obvious outlays in any tender bid.
• Insurances – Make sure you investigate any extra insurance you may need to take on specific to this job.
• Length of time to completion - If you undertake the necessary research you will have a good idea of the time and manpower it will take to finish the job.
Our experts at QSL Tenders believe that when you have the basics in place you are then in a position to start bidding for tenders.
