Title: Top Tips For Successfully Negotiating a Contract
1Top Tips For Successfully Negotiating a Contract
Know When to Hold Firm Know Your Notice What to
Do in Case of Breach? Know Your Bargaining Power
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2Know When to Hold Firm
Before you get started you need to know where you
stand. Understand the contract or negotiation
points and know what you can compromise on.
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3Know Your Notice
When negotiating you need to know whats required
by law and what you can work within. It might
be necessary to renegotiate depending on whats
allowed and what you want.
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4What to Do in Case of Breach?
Prior to negotiations you need to know what your
vulnerabilities are so you can negotiate more
effectively. Know the losses that you may incur
and be open to being flexible.
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5Know Your Bargaining Power
What can you work with, and what do they want?
Knowing what you can work with means you dont
undervalue yourself. Understand the time
constraints so that you can be the most effective
negotiator.
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6Contact Us
Get your head around negotiation and so much more
with the expert help from EM Lawyers. Get in
touch today on (03) 8621 1000.
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