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BUSINESS
NEGOTIATION
Learn about how good
negotiation can significantly
contribute to you and your
business success.
Within the business world,
negotiations are critical for both
day-to-day interactions as well as
formal contracts. Good
negotiations largely contribute to
businesses success as they help
sellers build relationships.
WHAT EXACTLY IS NEGOTIATION?
2
Business negotiations happen daily, so understanding the
importance of them can help advance your career!
★ Negotiating with a customer over the terms or price of a sale.
★ Negotiating legal settlements with another attorney.
★ Negotiating supply or service agreements with sellers
WHY WE SHOULD NEGOTIATE!
3
Most negotiations in business are done to create a deal. Use
negotiation to advance sales and sell products. When negotiating, do
not defend, compromise! Find the middle ground where you, the
seller, still get what you desire and the customer feels satisfied with
the negotiation.
NEGOTIATION SKILLS
4
Good negotiators are:
★ flexible
★ creative
★ aware of themselves and others
★ good planners
★ honest
★ win-win oriented
★ good communicators.
SEALING THE DEAL
5
In the end, the purpose of creating a negotiation is
to get what you desire. Do your research and know
what you’re working with!
Develop your strategy
Use emotional intelligence
Offer multiple options
Find tradeoffs
LEARN MORE ABOUT NEGOTIATION!
6
To learn more about negotiation, visit
www.businessqld.gov
SOURCES
7
"Communicating Effectively For Business | Business
Queensland". Business.Qld.Gov.Au, 2021,
https://www.business.qld.gov.au/running-business/
marketing-sales/managing-relationships/communic
ating-effectively.
"Negotiations Training: Why Do You Need To
Negotiate?". Negotiationsworkshops.Com, 2021,
https://negotiationsworkshops.com/negotiations_tr
aining_class_Why-Do-You-Need-To-Negotiate.html.

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BUS271 Emma Mortimer, Business Negotiation

  • 1. BUSINESS NEGOTIATION Learn about how good negotiation can significantly contribute to you and your business success. Within the business world, negotiations are critical for both day-to-day interactions as well as formal contracts. Good negotiations largely contribute to businesses success as they help sellers build relationships.
  • 2. WHAT EXACTLY IS NEGOTIATION? 2 Business negotiations happen daily, so understanding the importance of them can help advance your career! ★ Negotiating with a customer over the terms or price of a sale. ★ Negotiating legal settlements with another attorney. ★ Negotiating supply or service agreements with sellers
  • 3. WHY WE SHOULD NEGOTIATE! 3 Most negotiations in business are done to create a deal. Use negotiation to advance sales and sell products. When negotiating, do not defend, compromise! Find the middle ground where you, the seller, still get what you desire and the customer feels satisfied with the negotiation.
  • 4. NEGOTIATION SKILLS 4 Good negotiators are: ★ flexible ★ creative ★ aware of themselves and others ★ good planners ★ honest ★ win-win oriented ★ good communicators.
  • 5. SEALING THE DEAL 5 In the end, the purpose of creating a negotiation is to get what you desire. Do your research and know what you’re working with! Develop your strategy Use emotional intelligence Offer multiple options Find tradeoffs
  • 6. LEARN MORE ABOUT NEGOTIATION! 6 To learn more about negotiation, visit www.businessqld.gov
  • 7. SOURCES 7 "Communicating Effectively For Business | Business Queensland". Business.Qld.Gov.Au, 2021, https://www.business.qld.gov.au/running-business/ marketing-sales/managing-relationships/communic ating-effectively. "Negotiations Training: Why Do You Need To Negotiate?". Negotiationsworkshops.Com, 2021, https://negotiationsworkshops.com/negotiations_tr aining_class_Why-Do-You-Need-To-Negotiate.html.