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Mastering the Art of Price Negotiations

Understanding negotiations and the logic, ethics and strategy behind them is crucial for any entrepreneur. Whether an entrepreneur is on the receiving or giving end, price negotiation is about finding the price point where parties concerned are comfortable and willing to purchase a product or subscribe to a service. Any financial consultant will agree that price negotiations could also be part of a greater strategy in establishing power relations in a client-vendor relationship.

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Collecting Late Payments Without Alienating Clients

Sometimes, getting customers to buy your product or sign up to your service isn’t the most difficult part of the transaction. After delivering your product or executing the service, the challenge becomes getting the customer to live up to their end of the bargain.

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Impacts of the Holiday Season on Businesses

As the holidays roll in, the season’s impacts (whether positive or negative) will start to show in virtually every aspect of your business. From your inventory, accounting books and sales records, to your employees’ general mood and consumer behaviours, the holidays change everything.

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