Entrepreneur SA Magazine, May 2015
An old adage says; “only bid for business where you have an 80% chance of winning”. Don’t waste time and money on tenders you can’t win, rather wait for the tender opportunity that is right for your company.
You need to take your bid-vs-no-bid decision on a factual and logical basis, not an emotional one. Tying up expensive resources on responding to government tenders with little hope of success is pointless.