Professional Documents
Culture Documents
Module 03
Perform Business Development activities [OCCUPATION SPECIFIC
COMPETENCIES]
[This module comprises elements 1 to 3 from the Unit of
Competency: Perform Business Development activities SEIP-IT-PBS-
03-O]
Explain the purpose of Business profile
Business Profile
A company profile is a professional introduction of a company, allowing different
groups of people to get a general idea of what a company does or offers, its
target market, its unique strengths, its track record, and whether it is a good
entity to do business with. However, company profiles should go beyond stating
facts about a company. Well-written company profiles skillfully convey the major
values and corporate culture that lends the organization its distinct character.
Benefits of having a company profile:
1. It helps to inform your target audience about your business and what you are
offering them
2. It helps you effectively tell your company’s Success story
3. it helps you promote your brand
4. It helps you talk about your business history
5. It helps you to showcase the company’s readiness for operating business
Identify and explain Key characteristics of
Business Profile
1. Put your basic information
Readers need to know who they’re looking at before you get into the specifics.
It will also demonstrate how organized and efficient you are. Make sure to give
the company name, the year established, what your company does, who the
principle is, all your contact info, and your website. If there are additional basic
details relevant to your business, give them here.
• This is a place you can afford to be a little vague. Mission statements are legally
necessary for some businesses and may need to be specific. For everyone else, try to state
what you do without limiting yourself. You don’t want to scare away potential business
that thinks you wouldn’t consider expanding into adjacent industries. But it is easy to
overdo vague language.
• A bad example: “Exl Communication is a company driven by the pursuit of its dreams.
We want to bring you with us on this journey. Our dedication to solutions and innovation
make us the leading marketing consultants west of the Mohakhali Dhaka."
• A good example: “Exl Communication is experienced and talented team of marketing
consultants. Since 2013 we have helped our clients grow their business and profits.
Though our methods are complex, our goal is simple: we want to help you sell your
product to more customers."
Key characteristics of business profile
2. Use accurate, up-to-date details. Before you sit down to write the profile,
make sure you have the most recent numbers you can find. Prospective
clients aren’t interested in your performance from five years ago. They want
to know how you will deliver now. Get your staff to update you on these
details regularly so you have to do less leg work when it comes time to write a
new profile
Design Business Profile
3. Keep it short. Most times, you want people to read your profile as potential customers.
Make sure they read all the way through by keeping it short and engaging. Show you respect
their time and you don’t want to waste it. Short business profiles also indicate that you don’t
need a lot of flowery language and decorations to show you are the best. Let the numbers
speak for themselves.
• For example, don't list every client you've had in the last 15 years. Keep the list short by
including only the top 10 or so with high profiles. But make sure the language indicates they
are not your only accounts
Avoid overly specific jargon as well as general statements
You will inevitably use terms that people in your industry understand, but a fourth grader
might not. However, don’t let the profile become an advertisement for your vocabulary. At the
same time, avoid meaningless, vague statements. Experts in your industry will know fluff when
they see it.
• Here are examples of poor wording:
• Simulated annealing and RPCs have the necessary infrastructure to interface with our
overseas servers.”
• ” Our company optimizes synergy, productivity, and innovation while diminishing losses.”
• Here is an example of a targeted statement:
• ” We store data safely in our servers at home and in our international offices.”
Design Business Profile