An in-person meeting is best, but a teleconference or phone call can also work. Send an email to request a meeting and promise to make it quick. Don’t be discouraged if the prospective client doesn’t want to meet in person. Address any questions or clarifications to your contact in th...
How to make a smart bid at a tough auctionDuncan Hughes
Guests and hosts will be sat according to status and seniority. Offer your toast to the people on either side of you and then clink glasses. After the initial round of toasts, people may move around the table tooffer toasts...
Letters of intent (LOIs) are used in the business world when two parties intend to work together or form a deal. The purpose of an LOI is to clarify which key points of a deal must be negotiated, protect all parties involved in the deal, and announce the nature of the deal, such as...
A bid library can be a business-boosting asset – or a set of outdated, dusty files taking up electronic space. Here's how to get yours right...
Make explicit connections between what you’re offering and what they have told you they need. Pay attention to the details: Make sure that your bid/proposal is as free from spelling and grammar errors as possible. While a few typos aren’t likely to tank your whole effort, the bid/...
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Present a professional bid.After you’re done writing, make sure your bid is clear, concise, easy to understand, and free of errors. Follow up.After you submit the bid, you should reach out to the client to address any questions or clarifications. ...
How Bid Is Made The Invitation for Bid process begins with the issuance of the IFB document to potential bidders. Bidders are given a specific timeline to review the requirements, ask questions, and prepare their bids. It is essential for bidders to thoroughly understand the scope of work, pri...
Ready to launch a new venture? Here is everything you need to know about how to start a business in 14 effective steps.