Dragons Den. Negotiating and when to stop.
Dragons’ Den series 15 episode three review: Knowing how to negotiate and when to stop.
Enterprise Nation member Sandra Garlick, a former employment and business law solicitor, works with businesses via her consultancy SG Business Consulting and will deliver one-on-one advice in the Adviser Zone at Enterprise Nation’s Festival of Female Entrepreneurs in October.
She reviews the third episode in the current series of Dragons’ Den and highlights some key business lessons.
1. Be a great negotiator, but know when to stop
Negotiation skills are vital in business. However, when pitching for work, you need to be clear about how far you are willing to push the boundaries and avoid the risk losing the deal altogether.
A great tactic is to plan your best, worst and likely scenarios in advance and know how you are prepared to go. To read the rest of the article click here