Negotiation skills comes across every part of our life, negotiating with your kids, spouse, business, at work with your peers, your boss...you name it. But many fail to handle well, few points to know though this is a subject of its own to cover every situation.
1. Always go for 'win-win' negotiation, keeping everything neutral (emotions, egoism etc.)
2. Understand your fair interest and the interest of the person you are with negotiation
3. If you are a buyer and in negotiation with a seller on an offer/point of a discusion, always support with some benchmark or reference, it's easy for the negotiation
4. If both parties are not comfortable with the negotiation, take a time to come back later as it leaves both parties time to think
5. Avoid confrontation at any stage of negotiation
6. A good negotiation leaves a future merit for a business relationship, or even a good friedship
7. Keep your negotiation not more than half-an hour to an hour at a stretch, take a break, it gives some time to think through it before you reopen the discussion
8. Show your inerest to open for new ideas
9. Treat everyone involved in the negotiaton with great respect
10. Thank every one at the end of the negotiation, no matter if you made a deal or not
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