Posts Tagged ‘chosen’

Tendering For New Business The Easier Way

Tuesday, September 28th, 2010

Every RFP (Request For Proposal) and PQQ (Pre Qualification Questionnaire) is different. business proposal writing is time consuming, complex and expensive. It takes up your staff’s time and your company’s resources. So why do company’s write proposals? Unfortunately for many it is the major method of winning new business. If you are in the recruitment, facilities management and IT environment, you are probably obtaining the majority of your new clients via tendering for work.

So how can a small to medium company keep up with the bigger companies without bankrupting themselves in the process? Well the big companies have dedicated members of staff who do nothing else but write bids and proposals. Smaller companies can hire tender writing companies that will write their proposals for them on an ad hoc or retained basis.

A tender writing company will have one or more experienced bid managers who will either have experience in a prescribed field or will be generalist and able to handle most types of proposals.

When you decide to prepare a proposal, you can contact your chosen tender writing company and discuss your opportunity with them. They will ask to see your RFP or ITT and ask you some detailed questions about your company. They will then wish to know how much of the tender you want them to write and which parts they will be responsible for completing. They will usually leave the financial pricing to you as this is very personal to each company. They will also encourage you come up with your own solution – after all this is your strong point!

Your chosen tender writing company will often interview you and your specialist staff to garner information that can be presented within your bid. They will also gather information from your web site, your brochures and marketing material as well as your product information. A good tender writing consultant will provide you with a project plan as well as a list of information that they require from you. They will also be in contact with you – but do not forget to leave them time to write the tender, so do not expect them to be constantly on the phone or at the end of an email!

A tender writing professional will send you parts of the proposal as they are completed so you are able to relax in the knowledge that your tender is being written well.

So if you are a smaller company and want to compete with the big companies, then level the playing field a little and get yourself a tender writing company to write your winning proposal.

New Business Start Up Ideas – 3 Quick Ways to Find and Exploit Profitable Consumer Trends

Thursday, August 26th, 2010

If you are looking for new business start up ideas and are running short on inspiration a great brainstorming technique is to research emerging consumer trends. In the (bad) old days this involved reading extensive market research reports which were often produced infrequently and expensive to purchase. Whilst this kind of research is still very useful, the power of the internet has now given entrepreneurs alternative possibilities for researching profitable consumer trends.

Here are 3 top ways of tracking consumer trends for free:-

1. Consumer Trend Websites. Simply search the web for “consumer trends” to find these. There are many useful resources here including syndicated market research reports (e.g., trendwatching.com) and other sites which collect innovative new business ideas from around the world using people “spotters” who submit news on trends and new business launches as they see them (e.g., springwise.com).

2) Google Insights. Consumer trends will generally be represented by increased search volume on related terms in search engines. The free Google Insights tool (again search on this term to find the site itself) is incredibly useful in this respect. Simply enter the phrase into the text box at the top and click search. You’ll immediately be presented with a chart which will indicate whether there is rising or falling interest in your chosen topic as well as predictions for how the trend will develop in the future! It is also very useful to note if there are any seasonal trends occurring (type in “Christmas” to see a great example of this!). Also, pay attention to the “Rising searches” which are displayed at the bottom right of the page which are also helpful in indicating profitable new business opportunities going forward. You can even select the specific geographical region (e.g., United States), sub-region (e.g., Utah) and metro area (e.g., Salt Lake City) to check if people are becoming increasingly interested in a particular topic or trend where you live! As an example to get used to the system, why not find out if people in your local area are becoming more or less interested in “dog walking services”?

3) Twitter. This is useful for much shorter consumer trends but still invaluable if you are struggling (say) for a timely and relevant subject to write about on your business website’s blog. The “Trending” tool allows you to see the most talked about topics in your local area. In addition, the search facility on the main Twitter homepage will let you discover exactly what people are saying on a chosen topic. Try adding a “?” in your search to find users which are tweeting questions.

Naturally this just scratches the surface but these 3 techniques are nevertheless a great place to start for generating profitable new business ideas for which there is increasing consumer demand.

Robin J Johnson is a startup entrepreneur. Check out Robin’s free resources on Business Ideas and Business Startups at Business Virgin Online.

Article Source:

http://EzineArticles.com/?expert=Robin_L_Johnson

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