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Estimates are valuable if a customer would like to know a general price point for your products or services. If you're not sure of the job site or scope, estimates are a great tool to help you come up with a realistic price point.
An estimate refers to a business document provided to customers before purchase to help them make informed decisions regarding deals and budget accordingly. Estimates are not final and are often prone to change, offering only preliminary calculations of costs, timelines, and other relevant information.
The terms “estimate” and “quote” are often used interchangeably in business communication, but they refer to two distinct documents. While estimates are approximations prone to change, quotes are formal offers detailing final lists of deliverables, prices, and terms of service.
Although estimates and invoices may seem identical at first glance due to including similar types of information, they are very different business documents, unique in their use case and position within your sales funnel. Estimates are approximations sent to potential clients before an agreement informing them of preliminary prices and schedules of an offer. On the other hand, invoices serve as confirmations of finished deals, are legally binding, and carry a payment obligation.
Yes, once you finish creating your estimate via our Estimate Creator, you can quickly download it in the PDF format with a single click.
Of course! If you sign up for our free trial or subscribe to one of our payment plans, you can save both your business and customer information and use it as often as you like. On top of that, you'll get access to Billdu's many efficiency-boosting features. Try any of our plans for 30 days completely free and continue improving your financial operations for as little as $3.99 per month. Get started right away here.
No, you can use our Estimate Maker for completely free with no registration required. You will have to sign up with your email to download your finished estimate, but don't worry, we won't ask you for anything else.