By Kevin Leyes When we negotiate with potential business partners, we want to get the best value for our money and build a relationship that can bring further profit down the road. With a very careful, calculated balance, we can have the best of both worlds. The longevity of a business can be measured by how its internal and external relationships are built. Have they been created to last? Internal relationships are incredibly important, as it costs, on average, $4,000 to hire someone new, and up to $7,000 to replace someone in leadership. The same can be said for external relationships—from customers and clients to suppliers and providers. By nurturing these relationships early on, we can save money in the long run and set up potential deals in the future. In business negotiations, maintaining relationships can be exceptionally tricky. Both parties must walk away feeling like they are getting something from the …
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta