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Franchise
Information
How
a BIDS Franchise Works
As a BIDS franchisee, you own and run your own business. Following
the BIDS formula, the franchisee utilizes a combination of
direct mail, telemarketing, public relations and advertising
to market the service to subscribers and to buyers.
BIDS/Alert is delivered from the Tendering Publications Ltd.
(TPL) central system by email or fax. Emails are sent directly
to the customer. Fax files are sent to the franchisee, who
in turn redirects each fax to the customer each night (to
save long distance charges). This process is fully automated.
Magazines by email are sent directly to the customer. The
magazine file is also sent twice a week to the franchisee
who may print it for some customers.
A BIDS office should be manned initially by at least one full
and one part-time person. As volume and activity grow, more
people may be required.
BIDS can operate as a stand-alone business, or in some cases
may share office space, equipment and staff with another business.
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