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The Biggest Mistake You Can Make when negotiating to buy or sell your business
1. INTRO
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2. The Biggest Mistake You Can
Make When Negotiating To Buy
Or Sell Your Business
3. Negotiation Skills and Techniques When
Negotiating to Buy a Business
Let’s Paint The Picture
Have An Abundance
Mindset
The Mistake Is
Focusing On ONE
Thing
Negotiations, are
really…
4. Let’s Paint The
Picture
Let’s say you’ve gone out and you’ve found a
business for sale. You’ve then gone and
you’ve evaluated it. You’ve worked out that
it’s a great business, it meets your rules, it’s
perfect for you and you move on to negotiate,
a really fun, exciting and energetic time in the
whole business buying process. It’s time to
put your negotiation skills and techniques to
good use.
5. The Mistake Is Focusing
On ONE Thing
The biggest mistake that everyone
makes when they go in to the
negotiations is they think about one thing,
Can you guess what it is?
Yourself – The biggest mistake you can
make when you’re negotiating to buy a
business is only think of yourself!
6. Have an Abundance
Mindset
Every situation in business, in
life, I believe everyone can win
in every situation. There is
win-win available in
everything. You just need to
know how to find it.
7. Negotations, really
are…
Negotiations, really are about
building rapport. It’s about getting to
know the other party’s situation, their
needs, their wants and everything
else that’s going on. The more you
understand of their point of view and
where they’re at, the more you can
find a win-win that is over and above
the fact that they wanna sell their
business and you wanna buy a
business.
8. It’s not about you! Focus
on both yourself and the
other party.