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experience

A Bidding Guide for Small Businesses

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A Bidding Guide for Small Businesses

However small a business, there are always opportunities to enter the public sector procurement market. As a fellow Small and Medium Enterprise (SME), HealthBid loves working with the small and mighty businesses out there, and can help make sense of the processes that may appear daunting and unreachable at first.

This guide will hopefully show how big an impact SMEs can have by getting involved in the procurement process, and will highlight how we can further help you.

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Manage to win

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Manage to win

To be successful when bidding, there’s a simple way to approach it: to manage to win, manage the process. There are obviously other factors which contribute to the success, such as sector knowledge, meticulous scoping and effective writing. Yet without thorough management, your bid risks lacking focus and losing direction, ultimately meaning it won’t be at its best on submission day. Which is obviously too late.

 

We have said this many a time here at HealthBid (& we will continue to do so!): preparation is key to unlocking the door to success. It’s never too early to start on a tender, especially ones which run over a relatively extensive period of time. With the best will in the world, someone can’t keep when every document and every answer is due, as well as who needs to do what, all in their head. And, quite frankly, what’s the point? It won’t help others to see the progress of the team, and it’s so much easier to write it down.

 

If you do this, you’re already on the right track. However, your own notes and squiggles can often be difficult to interpret by someone else, which is usually fine if they’re just for you. With a bid, it’s the teamwork which can make or break the process. For this reason, you need a communal document which everyone can access, consult and update; you then know what’s happening and when, and whether it has been achieved – perfect for keeping an eye on progress, and managing the outcomes.

 

With the emphasis on teamwork, HealthBid are not just your average bid consultancy. We can of course follow the usual approach, providing you with one of our associates, but we can also offer our a more multi-skilled approach with our in-house bid engine. It keeps it simple and effective: with only one day rate to pay as standard, you get the best combination of bid writing, bid management, and specialist insight of a whole team, with all the varying skills in there. To revolutionise the way you bid or simply just to find out more about our blended approach, contact our Business Development Manager, Joe, at joe.gatenby@healthbid.co.uk

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Excel with Experience

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Excel with Experience

In certain situations, experience and the knowledge it provides is vital. For example, if you aren’t feeling 100% and you want to get a reliable second opinion, you’d trust the advice of your GP over that of your friend, as your GP has more knowledge and experience in that area. Likewise, if you have a specific issue when you go to your GP, such as an eye problem, you are sometimes referred to a specialist, an ophthalmologist in this case.

 

Experience is therefore evidently an asset. Bidding is no exception. You may know your organisation inside out, but ensuring that the knowledge is communicated in the best way can be a challenge. Writing a good bid isn’t just about knowing your own company either; other companies who will be competing, the commissioning body and the incumbent all are key things to analyse, and being able to use this knowledge effectively to your advantage is a skill.

 

Additionally, if you don’t have a bid team within your company, someone will have to write the bid on top of their day-to-day workload. We know that you’ll already be working your socks off, and this could be a big ask. Instead of compromising the quality of the bid, you can use HealthBid. We can help you to write your bid, write it for you, or check it at the end. Not only are we experienced in bidding, but we also know the healthcare sector inside out. When a contract is worth a hefty amount over, say, 5-7 years, why not invest in extra help to ensure you maximise your winning potential? If you want some extra support, give us a ring on 07341 338 200.

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