Preparing a Business Capability Statement Guide | Business Plans

Firstly, why does one need a business capability statement? Because the most important role in targeting opportunities for the supply chain is your capabilities. It must be communicated effectively to other supply chain companies. They should also use your services and products possibly. It is an excellent picture to present your business to the budding customers.

For the tenders of the Queensland Government, it is compulsory under the conditions, terms and also for other major projects. It has found a way for a direct requirement. The name for the capability statement may differ, but the content and the information would remain the same. It may also be known by other names such as

?Business profile?Company statement?Capability profile and?Company profile

Every buyer has their own way of operating and they want to be sure that they deal with the right suppliers. The following tips would help you with the perfect business capability statement guide.

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The following are few guidelines to help you write capability statement template.

?Short version?Long version and?Quad chart version

Short Version – This version can be used on the listings on the website, which includes Project gateway of ICN, your owned website and company’s any printed materials.

Long Version – This version gives a firm’s deep understanding and also its capabilities that are usually used for the attachment for proposals and tenders.Quad Chart Version – This version is a highly incisive, impacted document which is less than two pages and is provided to the buyers. It will help in highlighting the capabilities, value proposition, track records and expertise.

All the tools are important for your business for they are mainly used to communicate effectively with partners who are the major supplier of project or buyers.

The following are few guidelines to help you write capability statement template.

The long version must be written first, followed by short version and finally the Quad version. This way, it will be helpful for you to include all the information that is important in the Short and Quad version.

When writing the first draft, don’t forget to use the headings. So, when you are done with the final draft, the headings can be taken out, to make the text look better.

Get some critics and editors to review your writing. Their feedback will be useful in improving your work. Never be easy on you. Choose the tough editor, as strict they are, the better is the result.

Get to the point directly. Nobody is interested to read something which is boring and long. Your story should attract the decision-makers as they prefer only the compelling story. Keep it short and sweet but also should be structured about your capabilities.

Include great things. Look out for something, which makes your firm special and unique.

Never ever copy other’s capability statements. You can take a look but you cannot copy. Your version should be only yours.

Be accurate and truthful. You must stand in your words and never make false promises.

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