ADVERTISEMENT
  • About
  • Contact
  • Testimonials
  • Demographics & Advertising Rates
Sunday, April 18, 2021
Search
    Generic filters
    California Business Journal
    69 °f
    Los Angeles
    72 ° Mon
    65 ° Tue
    61 ° Wed
    60 ° Thu
    62 ° Fri
    63 ° Sat
    • Front Page
    • Business
      • Insurance
      • Real Estate
    • Finance
      bitcoin of america

      The power of Bitcoin of America intensifies

      venture-capital-investment

      Silicon Valley and Tel Aviv Firm NextLeap Ventures Rising To The Next Level

      Bitcoin

      Big Changes May Be Coming For Cryptocurrency

      bitcoin2

      What the average person needs to know about Bitcoin

    • People
    • Featured
      yacht fishing sunset1.1

      J. Douglas Hines has shaken up the food industry with a plant-based seafood alternative product

      stock-market-3

      How the Inflow of Retail Traders is Changing Stock Market Dynamics

      Dr. Chris Harts4

      Oventus Medical Is Revolutionizing the Treatment of Sleep Apnea

      blockchain2

      Blockchain.com Value Reaches $5.2 Billion

      bitcoin of america

      The power of Bitcoin of America intensifies

    • Technology
      Higher Education Adapts to Covid Using IT

      How Higher Education Has Adapted to Covid-19 Using IT Tools

      NEC X Figure 3_Shige Ihara

      Fast Tracking Technologies … To The World

      Welcome to the construction industry’s automated augment

      Tech Future Healthcare1

      Technology and the Future of Health Care

    • Law
      Doctor getting second opinion on patients x-ray

      Improper Medical Treatment: What To Do Next?

      Mediation-For-Couples (1)

      What is Mediation and How It Can Help?

      Legal obligations of businesses: What happens when these duties are breached?

      Nicole Kuklok-Waldman Headshot

      Commentary: How to Bounce Back from a Canceled Career 

    • News
      blockchain2

      Blockchain.com Value Reaches $5.2 Billion

      Negative Google reviews1

      How to Handle Negative Google Reviews

      SleepScore Labs

      The Final Score

      Passports on a map of the world

      If Your Employees with U.S. Passports are Traveling in 2021, Start Planning Now

    • Human Interest
      • Food
      • Art & Culture
    • Education
      Emergency Flood Control Options For Coastal Businesses

      Emergency Flood Control Options For Coastal Businesses

      ecommerce fulfillment warehouse

      4 Things to Avoid When Running A Fulfillment Business in California

      real estate agent and buyers

      7 Tips for Recruiting Experienced Real Estate Agents

      motorcyclist

      How to Reduce the Risks of Getting Hurt When Riding a Motorcycle

    • Health & Fitness
      Woman climber on a Klettersteig (Via Ferrata)

      6 Unique Ways to Stay Fit Outdoors This Summer

      WOMAN WORKING OUT

      Taking the Gym Home: Hot Selling Items During the Pandemic

      silhouette-of-man-and-woman-running

      3 Reasons to Start Working Out … This Month

      The Surprising Link between Gut Health and Mental Health

    California Business Journal
    • Front Page
    • Business
      • Insurance
      • Real Estate
    • Finance
      bitcoin of america

      The power of Bitcoin of America intensifies

      venture-capital-investment

      Silicon Valley and Tel Aviv Firm NextLeap Ventures Rising To The Next Level

      Bitcoin

      Big Changes May Be Coming For Cryptocurrency

      bitcoin2

      What the average person needs to know about Bitcoin

    • People
    • Featured
      yacht fishing sunset1.1

      J. Douglas Hines has shaken up the food industry with a plant-based seafood alternative product

      stock-market-3

      How the Inflow of Retail Traders is Changing Stock Market Dynamics

      Dr. Chris Harts4

      Oventus Medical Is Revolutionizing the Treatment of Sleep Apnea

      blockchain2

      Blockchain.com Value Reaches $5.2 Billion

      bitcoin of america

      The power of Bitcoin of America intensifies

    • Technology
      Higher Education Adapts to Covid Using IT

      How Higher Education Has Adapted to Covid-19 Using IT Tools

      NEC X Figure 3_Shige Ihara

      Fast Tracking Technologies … To The World

      Welcome to the construction industry’s automated augment

      Tech Future Healthcare1

      Technology and the Future of Health Care

    • Law
      Doctor getting second opinion on patients x-ray

      Improper Medical Treatment: What To Do Next?

      Mediation-For-Couples (1)

      What is Mediation and How It Can Help?

      Legal obligations of businesses: What happens when these duties are breached?

      Nicole Kuklok-Waldman Headshot

      Commentary: How to Bounce Back from a Canceled Career 

    • News
      blockchain2

      Blockchain.com Value Reaches $5.2 Billion

      Negative Google reviews1

      How to Handle Negative Google Reviews

      SleepScore Labs

      The Final Score

      Passports on a map of the world

      If Your Employees with U.S. Passports are Traveling in 2021, Start Planning Now

    • Human Interest
      • Food
      • Art & Culture
    • Education
      Emergency Flood Control Options For Coastal Businesses

      Emergency Flood Control Options For Coastal Businesses

      ecommerce fulfillment warehouse

      4 Things to Avoid When Running A Fulfillment Business in California

      real estate agent and buyers

      7 Tips for Recruiting Experienced Real Estate Agents

      motorcyclist

      How to Reduce the Risks of Getting Hurt When Riding a Motorcycle

    • Health & Fitness
      Woman climber on a Klettersteig (Via Ferrata)

      6 Unique Ways to Stay Fit Outdoors This Summer

      WOMAN WORKING OUT

      Taking the Gym Home: Hot Selling Items During the Pandemic

      silhouette-of-man-and-woman-running

      3 Reasons to Start Working Out … This Month

      The Surprising Link between Gut Health and Mental Health

    Search
      Generic filters
      California Business Journal

      RFP 101: A Quick Guide to Understanding RFP’s

      Need a guide to break down everything you need to know about RFP's? Take a look at this guide for a better understanding of an RFP.

      by California Business Journal Editorial Staff
      A A
      Share on FacebookShare on Twitter

      Do you want to work with a large company, non-profit, or government organization? If you have any hopes of becoming a preferred vendor of any of these organizations, you’ll need to understand RFPs.

      These are the documents that you need to fill out in order to bid on a job or be considered to become a vendor.

      RFPs help large companies have a fair selection process in selecting a vendor. It also helps them keep the purchasing process organized since there are so many stakeholders.

      The more you know about an RFP, the more you’ll improve your chances to get to the next step in the process or win a big job.

      Read on to learn the most important things you need to know about RFPs.

      What Is an RFP?

      An RFP is a Request for Proposal. It’s like one massive job application that you need to fill out to be considered by an organization to provide products or services.

      The RFP will give you insights as to the organization, its history, and what the scope of the job is. You’ll also find out how you should write the RFP because some items are considered more heavily than others.

      When you bid on an RFP, you should be aware of the length of time it will take to fill out the RFP, have it evaluated, and win a job. There are also costs involved to produce the RFP. In IT, vendors will spend an average of $5,000 per RFP.

      That being said, an RFP can be very lucrative for your business. You should weigh the pros and cons when you decide to bid on a job.

      This is important because you don’t want to take on work that’s a large project and it turns out to be a bit fit for your business. Worse still, you could take on a job that costs you more money than you earn.

      Looking through an RFP gives you the flexibility to say no to a job before you invest too much time and energy.

      Show Off Your Experience

      In many RFPs, you’ll be asked about your level of experience with a particular type of job or industry. You want to make sure that you include plenty of details about your experience to set your business apart.

      You can also include case studies and testimonials from previous clients.

      ADVERTISEMENT

      Don’t Be Afraid to Ask Questions

      One common error that organizations make when they fill out the RFP is that they don’t ask questions of the organization as they come up.

      For complex projects, organizations may offer Q& A sessions for bidders to ask questions. Don’t miss out on these because you’ll get to understand the organization and what the competition is doing to position themselves.

      Bid on Projects and Win Them

      If you want to grow your business and get a lot of business in the door, you need to master the art of the RFP. An RFP is a key to getting in front of decision-makers and winning these jobs.

      Be sure to visit this site often for more business news.

      Tags: Artenergyeverything you need to know about RFP'sGuide to Understanding RFP'sjobs
      ADVERTISEMENT
      California Business Journal Editorial Staff

      California Business Journal Editorial Staff

      WHAT TO READ NEXT

      Emergency Flood Control Options For Coastal Businesses
      Education

      Emergency Flood Control Options For Coastal Businesses

      April 16, 2021
      ecommerce fulfillment warehouse
      Education

      4 Things to Avoid When Running A Fulfillment Business in California

      April 16, 2021
      real estate agent and buyers
      Education

      7 Tips for Recruiting Experienced Real Estate Agents

      April 16, 2021
      motorcyclist
      Education

      How to Reduce the Risks of Getting Hurt When Riding a Motorcycle

      April 15, 2021
      The Importance of a Solid Brand Name
      Education

      The Importance of a Solid Brand Name

      April 15, 2021
      Charles Smith
      Editor's Choice

      Commentary: Executive Team Alignment is More Essential Now Than Ever

      April 14, 2021
      Next Post

      Top 7 tips for starting an online business

      Follow Us

      ADVERTISEMENT

      Categories

      • Art & Culture
      • Business
      • Editor's Choice
      • Education
      • Featured
      • Finance
      • Food & Dining
      • Health & Fitness
      • Human Interest
      • Insurance
      • Law
      • Marketing
      • Medical
      • News
      • People
      • Popular
      • Real Estate
      • Social Media
      • Technology
      • Uncategorized

      CBJ Partner Firebrand Media

      Laguna Beach Independent Newspaper

      Laguna Beach Magazine

      Laguna Beach City Guide

      On The Menu Laguna Beach

      Newport Beach Independent Newspaper

      Newport Beach Magazine

      Newport Beach Country Club Magazine

      Coastal Real Estate Guide (NB,LB, CDM)

      Montage Magazine

      Monarch Beach Resort Magazine

      Pacific Coast Magazine (SoCal)

      Omni Escapes Hotel Magazine

      Sea Island Life Magazine

      Salamander Hotel & Resorts Magazine

      Bespoke Concierge New York

      Evans Hotels

      View our entire portfolio here

      ADVERTISEMENT
      1REALTOUR-SAN DIEGO-WEB DESIGN
      ADVERTISEMENT
      Facebook Twitter LinkedIn LinkedIn Instagram
      C B J   LOGO  SVG-01
      • About
      • Contact
      • Testimonials
      • Demographics & Advertising Rates

      Newsletter

      Most Viewed

      • Judge gavel, scales of justice and law books in court

        Lawsuit Basics: How Much Does It Cost to Sue Someone?

        0 shares
        Share 0 Tweet 0
      • THE ONLY WAY

        0 shares
        Share 0 Tweet 0
      • REPORT: TECH GIANT CISCO ABOUT TO LAY OFF 14,000

        0 shares
        Share 0 Tweet 0

      Latest Articles

      Emergency Flood Control Options For Coastal Businesses

      Emergency Flood Control Options For Coastal Businesses

      April 16, 2021
      yacht fishing sunset1.1

      J. Douglas Hines has shaken up the food industry with a plant-based seafood alternative product

      April 16, 2021
      ecommerce fulfillment warehouse

      4 Things to Avoid When Running A Fulfillment Business in California

      April 16, 2021

      California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
      ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
      Site Design by 1REALTOUR

      Search
        Generic filters
        • Front Page
        • Business
          • Insurance
          • Real Estate
        • Finance
        • People
        • Featured
        • Technology
        • Law
        • News
        • Human Interest
          • Food
          • Art & Culture
        • Education
        • Health & Fitness

        California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
        ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
        Site Design by 1REALTOUR