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How to effectively negotiate deals?
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[QUOTE="Holicent, post: 241424, member: 76163"] [FONT=Verdana]Negotiations can be scary and intimidating, especially when you are negotiating a deal for your business. When people negotiate, they often enter the conversation with preconceived notions about what they want to accomplish and how they intend to go about achieving it. Because of this, some individuals believe that negotiations are inherently adversarial, but this isn’t necessarily true. Rather than thinking of negotiations as a battle between two parties, you should consider them as an opportunity to find common ground. If you’re planning on negotiating a deal for your business, i’ve got some tips to help ensure that you’re getting the most out of every conversation: 1. Set a goal before beginning negotiations . This will allow you to focus on what matters most during your conversations rather than getting distracted by less relevant issues. 2. Know your limit . Before entering into any negotiation, decide what is acceptable for both sides in terms of time frame or financial commitment as well as what would constitute an absolute deal-breaker for either party involved. This will help set expectations ahead of time so there aren’t any surprises later on down the line. 3. Be honest about what you want . The more information you share with those involved in the negotiation process[/FONT] [/QUOTE]
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