Nothing but negotiation

The Gap Partnership

Businesses should know their 'bottom line' before entering sales negotiations

Negotiators should know what they want before talks begin

08 October 2010

Firms should know exactly what they want from sales negotiations before talks begin, it has been claimed.

Many businesses will enter discussions with the aim of purchasing or selling an asset for the best price and one expert believes that key issues such as these must be considered nonnegotiable.

Bob Holdsworth, founder of marketing firm The Holdsworth Group, advised companies to make a list of their 'must-haves', with the rest of the issues up for negotiation.

He wrote on "Anytime you walk into a negotiation you need to know your bottom line, the one or two things you absolutely must get from the negotiation to satisfy your business needs, financial needs or in some cases your ego needs."

Mr Holdsworth added that businesses should always wait for the other side to name their price first as a better deal can often be obtained in this way. 

Gap News

March 2014

The Negotiation Roadshow 2014

Generating value through creative negotiation

Read more

July 2013

Trading Global: Negotiating in the Far East

The Gap Partnership are hosting a complimentary Lunch & Learn seminar in association with UK Trade & Investment

Read more

April 2013

GroceryAid Negotiation Event Raises £26,550

The Gap Partnership, in conjunction with Asda, SC Johnson and Waitrose, host one-day negotiation workshop

Read more

February 2013

Trading Global - Negotiating in the Far East

What is the impact of cultural differences on your negotiations?

Read more

December 2012

The Gap Partnership Release New Negotiation Video

The Nothing but Negotiation video series continues with collaborative negotiation

Read more