Winning a successful tender can put your company on the map. It’s also a gratifying feeling knowing all your hard work has paid off. Here at Bidsmith, we thrive on that feeling of a successful tender. Putting together a tender is a big effort, usually requiring a team of people to work together to make a complete tender a reality.
Rarely has it made more sense than now to outsource tender preparation for your business. With businesses under competing pressures to cut costs but to win more work, it is increasingly challenging to successfully respond to tenders.
For small and medium businesses who cannot justify full-time bid resources, outsourcing makes perfect sense.
When picking to go down the tender path, there are a few things to keep in mind. First, this is a commitment you make for your business model. Put in the time to brief yourself on the steps required to ensure you achieve optimum success.
If you want to tender for Federal Government work, you may need a satisfactory Statement of Tax Record from the Australian Tax Office as part of the tender writing process.
Generally speaking, writing winning tenders begins with finding the tender opportunities that best suit your business. While it is, of course, possible to get results from an approach of “let’s try for everything”, being more selective and targeted is likely to improve your chance of success on any given tender submission and deliver a much better return on investment.