Negotiation - Opening Statement
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You need a clear opening statement
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(h-`8].y.KFOB Business ForumA clear opening statement means that all participants in the negotiation understand the background, current situation and main interests of each party. Each side should make an opening statement before the discussion can progress. You should begin with a short summary of your company if it??s new to the other party then clearly state your general and specific interests.
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9t/S.K.l:r#b#jFOB Business ForumYou can use these phrases to do this : ??.was founded in??. ??.was set up in ??. we manufacture we produce we supply we provide this service We??re interested in... Our key interest is... We??d like to... It??s vital that we We really need to... It??s very important to us to...
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"H7Z0l:y6L7V Read this opening to a negotiation
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A Our company was founded 5 years ago. Currently we provide removal services in some places in the Mainland. We might be interested in expanding into international markets. We think it could be a good idea to work with some kind of partner who has some experience in this area. Possibly expanding into the UK, maybe France or Germany and well, we could consider The Netherlands. B So do you mean you are planning to expand your offices and network into Europe? A That??s right. B And is it right to say you consider our company to have the experience you are looking for? A Yes, we do. B Could you explain again just which countries you are planning to expand into first?
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What was wrong in this negotiation ?
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.s[A Professional Business Forum]There were quite a few problems here. In the activity below, we list the problems and give you some solutions which can improve the beginning of a negotiation.
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Partner had to question each point in Provide appropriate information
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the opening statement
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No mention of current situation Explain what the situation is now
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0p+s6@ R5C5k.v'hFOB Business ForumUse of nonspecific,unclear language Use clear, direct language
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Potential partner is not clear what State your general aim first followed
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the realaims are by specific aims
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6^,N3Y#^4h;]4E1T+Bbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessNo information about current activities Give relevant and current information
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