• If you are running a business, your aim will be to obtain new clients. In some cases, acquiring new clients will be initiated by the process of sending estimates to them. What to do next? This is the common question asked by many business owners who forward estimates to the clients and are waiting for their reply.

    In this situation, some follow-ups must take place. A professional follow-up on the estimate can enhance the opportunity to get the deal done. How can this follow-up be done? What are the strategies for effective follow-up of estimates? What is the importance of following up on estimates? To know the answer to all these questions, read this blog till the end.

    What are Estimates?

    Estimates are business documents that show the expected cost for purchasing products or providing services. The price given here is only based on a guess, and it may vary according to the nature of the project. The crucial elements to be included in an estimate are as follows.

    A unique estimate number that varies for every estimate.
    Date on which the estimate is generated and issued.
    Details of the business which forward estimates. The business details include the business name, address, contact number, email address, etc.
    Details of the client to whom the estimates are forwarded. The client details include the client's name, their address, contact details, etc.
    Description for the items that are requested by the clients.
    The quantity and the estimated amount for the items requested by the clients.
    Total value of the estimate, including the tax amount.
    Specified terms and conditions of the business.
    Any personalized notes from the business side.

    Including all this information in the estimate makes it look professional. Such estimates can be generated using a free online estimate generator tool.

    When the estimates are forwarded to the clients, the process does not get completed there. A crucial step must be done nex ...
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