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Quick Look Course Summary:Tender to secure business – Accredited
Next Public Course Date:
Length: 3 day(s)
Price (at your venue): 1 Person R 16,700.00 EX VAT 3 Person R 11,644.28 EX VAT 10 Person R 7,836.00 EX VAT
Certification Type: Non-Accredited
Locations & Venues: Off-site or in-house. We train in all major city centres throughout South Africa.
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Tender to secure business
IntroductionLooking to secure new business opportunities for your venture? Join our comprehensive Tender to Secure Business for a New Venture course and unlock the path to success! Why Attend?
- Gain a competitive edge: Equip yourself with the skills to evaluate tenders effectively, positioning your venture for success in a competitive market.
- Boost profitability: Master cost analysis and pricing strategies to optimize profitability while meeting tender requirements.
- Expand business prospects: Learn to identify new markets and business opportunities, unlocking the potential for growth.
- Professional tendering: Craft persuasive tender responses, demonstrating your organization’s value to potential clients.
- Strategic decision-making: Use data-driven insights to make informed decisions and align your venture with profitable markets.
- Calculate Costs, Revenue, and Profits of a Specific Tender: In this section of the course, participants will learn how to accurately calculate the costs, revenue, and potential profits associated with a specific tender. They will explore various cost elements, including direct costs (materials, labor, etc.) and indirect costs (overhead, administrative expenses). Participants will gain insights into pricing strategies, profit margins, and breakeven analysis to ensure competitive yet profitable tender submissions.
- Analyse Tender Documents for Viability in the New Venture Context: Understanding the viability of a tender is crucial for any new venture. In this module, participants will delve into the intricacies of tender documents, learning how to assess feasibility, resource requirements, and potential risks. They will develop the ability to identify alignment between the tender requirements and their organization’s capabilities, enabling them to make informed decisions on whether to pursue the opportunity.
- Complete Tender Documentation: In this practical part of the course, participants will be guided through the process of completing tender documentation effectively and professionally. They will learn how to compile comprehensive and persuasive tender responses, showcasing their organization’s strengths, unique selling points, and value propositions. Emphasis will be placed on adhering to submission guidelines, deadlines, and quality standards.
- Identify Information Sources of Available Business and New Markets: To expand business opportunities, participants will explore various information sources to identify available business prospects and new markets that align with their organization’s objectives. They will learn how to conduct market research, analyze industry trends, and utilize data-driven insights to make strategic decisions for market expansion. Topics such as competitor analysis, market segmentation, and customer profiling will be covered.
Who should attend: Tender to secure business for a new venture courseThe Tender to Secure Business course is suitable for:
- Entrepreneurs and Business Owners: Those looking to secure new business opportunities and expand their ventures by winning tenders and contracts.
- Business Development Managers: Professionals responsible for exploring new markets and bidding for tenders to drive business growth.
- Sales and Marketing Teams: Teams aiming to enhance their ability to craft persuasive tender responses and showcase their organization’s value to potential clients.
- Project Managers: Individuals seeking to understand the tendering process to secure projects for their ventures.
- Small Business Owners: Owners of small businesses who want to compete effectively for tenders and contracts to increase their market share.
- Professionals Interested in Business Expansion: Individuals from various backgrounds interested in gaining insights into identifying new markets and business prospects.
Prior learning requirementsLearners accessing this Unit Standard should be competent in Mathematical Literacy and Communication at NQF Level 3.
Alignment:Tender to secure business for a new venture, SAQA I.D. 66249 NQF Level: NQF Level 04, Unit Standard: 114593
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