what is " statment of qualifications"?

Answer 1

In general, a company writes a rather lengthy statement of qualifications that might make them the best company for providing services or materials, or to attract investors. Nonprofit corporations may write an SOQ in order to show their charitable abilities, business plan and mission statement.

Additionally, a statement of qualifications may include things like company history. The SOQ might list tax identification number for handy reference and contact information. It may also summarize the organization’s different departments or number of employees.

An SOQ may be provided on a website. In fact one can view numerous SOQs from both profit and nonprofit corporations online. The SOQ is also usually available in print form for prospective investors, purchasers, or those who wish to donate money. They are meant to impress their readers into responding positively.

Another possible definition for SOQ is the lengthy SOQ that might be required by someone bidding on a job, like a contractor. The goal of “getting the job” remains the same. An SOQ from a contractor might include references to past projects, as well as listing the contractor’s experience. An SOQ may be required in addition to a resume for the contractor.