Entrepreneur Advice & Business Tips | TAB

The Budget, Authority, Need, and Timing (BANT) Method

Written by TAB Winnipeg | Jan 1, 2018 10:49:00 AM

Qualifying an opportunity, use the BANT method:

  • Budget, is it defined, approved?

  • Authority, does the person you are speaking with have the authority to make a decision, if not, what is the process?

  • Need, do they have a need that makes good business sense, will there be an ROI?

  • Timing, do they have a defined timeline to start and finish the project. Is there a team in place to work on this project?