What you don’t understand about negotiating a deal

What you don’t understand about negotiating a deal

From a birds eye perspective – In business, negotiating a deal is to analyse the situation or point you are putting across, strategise how you’d like to convey your message and decide how much you’re willing to put on the table.

Your objective is to get the most value out of this deal. To do this, you must be willing to take risks.

In reality, there will never be a solution suited for all parties but your job is to put forward a solution for which all parties can agree by and resolve conflicts.

In most circumstances, you will not be trying to defeat parties, instead, everyone is working towards the same deal to maintain the relationship.

 

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