How to Write a Business Proposal or Tender in
Response to a Request for Tender (RFT), Request for Proposal
(RFP) or Request for Quote (RFQ)
If a client
asked you to provide them with a business proposal in response
to a Request for Quote (RFQ), Request for Proposal (RFP) or
Request for Tender (RFT), would you know how to start writing
this important document? If you have never written a business
proposal, this can be a confronting task. To help and aid your
business proposal writing, Tech Edit has drawn on its skills
and years of experience dealing with, and writing tenders and
proposals. This has resulted in Tech Edit providing you with
some guidance on the form, layout and content areas that you
should address.
The Aim of Your Business
Proposal or Tender
Prior to
writing any business proposal or tender, you should consider
why you are writing it – your aim is to win business by selling
your goods and/ or services. With this in mind, your proposal
needs to answer the two major questions asked by your client in
deciding whether to accept your proposal:
- Do you
understand their business needs?
- Are
you capable of delivering what you
offer?
You must
keep these questions in mind when you write your business
proposal as it helps you to determine the contents of your
document.
The Contents of Your Business
Proposal or Tender
Equipped
with the key questions above, you are now ready to write your
business proposal. To make the task of writing your business
proposal easier, you can approach it systematically and
logically by breaking down your document into relevant
sections. This allows you to focus on the all-important
technical content, which should include the
following:
- Scope of Work - your
client has probably described their business requirements
via a written document such as a brief, specification or in
the least, a verbal request. You must firstly demonstrate
that you understand their requirements by describing how
your goods or services will meet their
needs.
- Project Approach - you
need to describe how you will approach or perform the work.
This provides your client with more confidence as they can
see that you have actually considered and planned the
work.
- Previous Experience -
you must provide examples and references from previous
contracts or projects for which you have provided similar
products or services. This information will provide your
client with reassurance that you are experienced in
delivering the services or products you are
offering.
- Project Team – your
client will benefit from knowing details of the people you
intend to provide the services. This is best presented in
the form of a résumé or CV for a person that details their
background, skills and experience.
- Timeline and Milestones
– you must indicate the dates when the deliverables, tasks
or products will be provided. These dates can also be used
as checkpoints for the client or payment points for you.
You can present a timeline in a table or a Gantt
chart.
- Progress Reports and
Meetings - to enable good communication with your
client, you should suggest the form of meetings and
progress reports. For example, this could include frequency
of email updates, telephone discussions, written reports or
meetings.
- Resources and Materials Provided
by the Client - if you expect or need your client
to provide you with any facilities or resources for your
use, you need to detail them. Examples could be access to
computer systems, or key staff throughout your
engagement.
- Assumptions or
Exclusions- any exclusions or assumptions that you
have made in writing your proposal should be included here.
This will minimise any misunderstandings between you and
your client.
- Cost and Payment
Schedule – the cost of your proposal can be
presented as a lump sum or as a time and materials fee. If
doing the latter, you will need to provide details of your
hourly rates. If appropriate, you can suggest to be paid in
instalments in line with selected project deliverables. If
the engagement is on a time and materials basis, you can
either align payments with deliverables or request they be
made periodically such as fortnightly or
monthly.
- Terms or Conditions - if
you want to apply any specific terms or conditions, they
should be written here. Examples could include a range of
things from IP ownership or payment
terms.
Adopting
this structured and logical document format will help you
develop and write your next business proposal. When writing a
business proposal, always keep in mind that you are trying to
provide your client with confidence that your products and
services will meet their needs, and you have experience in
providing them. Using this information will help you to develop
high quality tenders and proposals, and maximise your chances
of winning new business.
Tech Edit has
skills and experience dealing with business proposal
writing, editing and reviewing across all industries. So
if you need advice or assistance in any of these aspects
– whether it is to begin the writing of your business
proposal, to determine the form and layout of your
business proposal, to apply the final changes to your
proposal, or provide an independent review of your
proposal, please contact Tech Edit for an obligation-free
quote.
Samantha
Yee
Tech Edit -
About Us 30 July
09
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