Offer - what is it and how binding is this document?

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main document initiating any transaction, an offer.What is it and how to make it properly?Many of us are familiar with the term "commercial offer".We get them, distribute and analyze.Such a proposal - this is the offer.What is it in terms of the document?How binding is the proposal?

As a rule, such a document drawn up in response to a specific request.Hence, the period of the offer is limited in time, as it often indicate the price or the goods, the amount of which is limited in stock.The cost of production depends on the particular configuration and on exchange rates, the current for the given period.In addition, the terms of the offer also include the delivery time.They affect the final price of products.In the business everyday life is found and the concept "provisional," or about the offer.What is it and how to understand this term?Suppose the company needs to translate the documentation (manual, annotations, guarantees, etc.) into a foreign language.Managers are responsible for the import, refer to the various translation agencies,


to estimate the cost of services.The document, which appears as a result, will offer.What is it in this case?In response to a request for a translation agency will send a quotation with a timetable of implementation, terms of payment and the total cost.If the time is not much running out, managers are able to assess all proposals received and select the most advantageous to the company.

However, an offer - or a commercial offer - is not in the full sense of the word document legally binding.Best of all, if the text contained a paragraph pointing to advertising character and duration.Often - especially when it comes to expensive projects and equipment - the customer can ponder for months.During this time, the market situation may change.For example, as a result of exchange rate adjustments or change the main suppliers.Consequently, the offer has a limited duration.Major contracts are prepared for weeks or even months.In order to make the best business decision you need to collect information about suppliers, competitors, partners.

At the same time, every entrepreneur should be familiar with the rules of drawing up such a document as an offer.What is it and what are the basic principles?In the first place, the proposal may relate to how a particular product, and cooperation "as a whole".In the latter case, the final offers put up some party goods or personal services.Offer includes necessarily: price, time of delivery / performance, possible discounts, payment terms.Typically, such a document is drawn up a little "navyrost."It identifies the price to determine the rebates, terms, depending on the date of acceptance of the offer.Offer does not oblige it to purchase goods from the supplier.However, if we are interested in sales, so we have to prepare a document to gain a competitive advantage.Therefore, the conditions for granting discounts, special promotions, and rapid delivery must take into account the specific features of our potential customer.