7 Guidelines for Successful Business Development

Written by Justin Hitt


Wouldn’t you like to close more sales? Business development isrepparttar heart and soul of growth in your organization, yet not alwaysrepparttar 106473 easiest thing to do. I would like to share with you seven powerful guidelines that have brought success to my clients especially with their truly qualified prospect.

1. Turn your proposal draft around in less than a week and a completed proposal in two weeks.

Time is critical, in many cases if you do not have your proposal onrepparttar 106474 desk ofrepparttar 106475 decision maker BEFORErepparttar 106476 deadline it is tossed inrepparttar 106477 trash, or at least out of consideration. You want to giverepparttar 106478 decision maker plenty of time to look over your proposal, ask questions, and make their consideration. You cannot give them this time if you take 30 to 45 days to complete a proposal of any size.

2. Send a letter of intent torepparttar 106479 prospect with a quick overview describing your understanding of their requirements.

In many cases,repparttar 106480 decision maker has to get three bids, but if reasonable effort is made an only two are available, they can go with that. Lettingrepparttar 106481 point of contact on your proposal know you intend to bid, you understandrepparttar 106482 due date, and other relevant information about who you are; they will come to expect what you have to send. When you send your proposal it is most likely to be remembered, plus you can resolve any misunderstandings and get contact information exchanged early.

3. Stay constantly in touch with your points of contacts, when requested provide useful information and be availability to answer questions.

Being available at all times forrepparttar 106483 individual considering your proposal is necessary and always welcome. Nothing is more frustrating forrepparttar 106484 buyer than not being able to reach a vendor who has provided a proposal. They have to be able to contact you and quickly arrange a decision. Checking in periodically with your proposal points of contact is appropriate and lets them know you are interested.

4. Ask forrepparttar 106485 sale.

This should be a given, but so many present a proposal, then sit back and say “What do you think?” when they should say “Have we providedrepparttar 106486 information you need to make a decision?” The objective of a proposal is to show a decision maker that you arerepparttar 106487 best candidate forrepparttar 106488 work and that they should pick you. Ask forrepparttar 106489 sale, ask when a decision will be made, and what you can do to berepparttar 106490 company selected.

5. Monitor your calendar for important dates, proposal reviews, and all key events relevant torepparttar 106491 opportunity.

8 Ways To Generate New Ideas

Written by Noel Peebles


The only purpose of a business is to bring in a customer; and there are really only two ways to do it - through marketing or innovation. New ideas arerepparttar lifeblood of any business so it is important to encourage creativity and to be truly innovative. But creativity and innovation are notrepparttar 106472 same. Creativity is all about coming up with new ideas, whereas innovation involves putting new ideas into action.

New ideas can be very difficult to find. When you do find them and put them into action, they can provide a powerful marketing edge and become a license to print money.

Here are 8 ways to help generate new ideas:

1. Ask For Opinions

We get so close to what we are doing, that often we can't see another way of doing things. To overcome this problem you could hire consultants or simply seek opinions from someone who knows absolutely nothing about your business. There are times when we need to step outside our own environment, because sometimes ideas used in one trade can be adapted to another.

For example, which came firstrepparttar 106473 ball-point pen orrepparttar 106474 roll-on deodorant? They both userepparttar 106475 same ingenious principle.

2. Encourage Staff Creativity If you employ staff, encourage them to think up new ideas and get them to suggest changes. You will need to be open-minded and encourage their input. You'll need to be tolerant when their ideas don't work. And you'll probably need to reward them in some way, although you'll probably find thatrepparttar 106476 satisfaction of "seeing their ideas in action" may be reward enough.

3. Brain Storm One ofrepparttar 106477 best ways to tap into new ideas is through brainstorming. This could involve family, friends, staff, customers and even other business owners. The key with any brainstorming session is to disallow any negative comments and to only analyse or develop ideas oncerepparttar 106478 session is over. The purpose of a brainstorming session is to produce a quantity of ideas. It's quantity not quality. Refiningrepparttar 106479 ideas comes later.

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