If you know what your client wants from your business and show it through your quotation, you can go a long way. Additionally, crafting realistic and achievable quotation prices can close a deal. A good quotation must be professional-looking and must focus on your customers' needs. If you want to quickly respond to your client's request without hassle, download from our high-quality collection of ready-made Price Quotation Templates. These templates are 100% editable. You can save time if you use a template in your business. So, what are you waiting for? Download a quotation template and close a deal!
What Is a Price Quotation?
A price quotation contains the fixed prices of services or goods that a business will provide. According to Nibusinessinfo.co.uk, once a client accepts the quote, it means the prices of the goods and services must remain constant, even if the business would provide additional services.
How to Make a Price Quotation
Create a price quotation document that works for your business with the use of the tips below.
1. Identify What the Customer Needs
Before you start creating your business quotation, you must communicate with your client first. Communicating with the client helps you analyze the kind of services or products they specifically need from you. You can call your client to clarify or ask for information.
2. Add Your Company Details
A sample quotation must include your company's details. This can help them distinguish your quotation from other companies. Your company details must have your logo, address, contact number, and address.
3. Break Down the Services and Prices
If you're in the construction industry or any industry that provides services, you need to break down the services you're offering carefully. Start by identifying your variable and fixed costs. After that, continue by calculating the services and the products you need to provide to complete the job.
4. Add Expiration Dates
You must set a date until when your simple quotation is valid. Providing an expiry date on your document will steer you away from fluctuating prices, especially for the materials you're providing. The expiration date can run from 30 days to 90 days or more, depending on your choice. Additionally, you can also include a phrase that says that the prices can change without notification. This part will inform the client until when they can decide an answer to your proposal.
5. Keep It Looking Professional
The format or design of your printable quotation is another essential detail you can't miss. How you present your quote will be a reflection of your company. So, you have to organize your content and make sure that everything looks professional.
