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Research about the topic of negotiation, the patners previous & curremt dealings and the possible future dealings.
Collect & analyse this information- it gives you a starting point & a better platform to negotiate.
Determine your weaknesses & strengths in this negotiation-you will know where to compliment your business & where to improve.
Assess the weaknesses & strengths of the possible partners- you will stand a better chance in negotiating.
Develop an appropriate evaluation creteria for the negotiation.
Prepare the necessary information that you believe can give you a competitive advantage & leverage over the partners.
Determine & prepare the most suitable & competitive candidates to participate in the negotiation.
Prepare a contegency plan in relation to the possible out come of negotiation.
Participate or conduct the negotiation effectively & effeciently to ensure a win-win situation which healthy for long term partnership prospect.
Evaluate the negotiation.
Thanx for the invitation
Agree with expert ansewrs above
