Contract Negotiation With Clients - It's a Hit!

You've just started out on your own and, yes,It's showtime, folks! Finally, you're at the
the big day is here! A large contract negotiationnegotiating table. You've learnt your script by
with clients in on the agenda, and you're shaking inheart, but remember that the other party is
your shoes just thinking about it. Chill, it's not thatenacting their own set of roles. If, by happy
big a deal. Most clients are human, and if you docoincidence, the situation unfolds as planned, say
your homework right, you should be signing thatyour lines the way you rehearsed them. Else,
dotted line real soon. Contract negotiation withmove on to plan B - that's when you respond
clients is a bit of an art, but mainly it's a veryaccording to what the other guy says, but try
learnable skill. See how you can overcome youryour best to steer the conversation back to the
stage fright.original plot. It's important to keep track of what
A negotiation process is not very different fromyou're saying, so that you don't contradict
staging a play. There's a plot, there are charactersyourself later on. That's pretty much the same as
and the whole thing is enacted out, hopefully to awith a contract negotiation with clients, when your
standing ovation. While a great deal of preparationword must be worth everything. Finally, don't hog
goes into it, there's always the unexpectedthe lines. You're only one part of a larger drama.
development which calls for on the spotGive the rest of the crew the chance to say
improvisation. And that's the story withtheir piece, and hear them out. You're on stage,
negotiations as well, barring a few twists in theremember, so body language is everything. Even
tale....if you're not doing the talking, make sure you
Rehearsing is everything. Start by laying downdon't look bored or wooden. At the same time, if
your goals. What do you really wish to get out ofthere's a little bit of villainy that's crept into the
it? Do you want the contract at any cost? That'splot, bring on the heroics. Say no, if you absolutely
like deciding the ending of the play, and therefore,have to!
everything that happens before must lead up toCurtain call. In the final analysis, concluding a
it. So, do you have your script ready? This is thecontract negotiation with clients successfully is
part where you determine the position that you'rewhat really matters. And for that to happen, you
going to take during the contract negotiation withmust give the client adequate reason to say yes.
clients. Since some of the characters (read clients)Which means, you can't be the only hero; the
are likely to follow another script altogether, youclient must shine as well. If you're gunning for a
will also need to prepare for an alternativehappy ending, you'll probably need to inject a
scenario. Have you defined the characters? Do ahealthy dose of harmony and agreement among
background check on the people you're planningthe lead actors. On the other hand, if the plot has
to do business with. Does their reputation precedegone astray, bow out gracefully. There will always
them, and if so, what tactics can you expect?be another day, another show.
What's the setting like? Make the effort toFinally, our most important piece of advice, if
understand current market realities, competitiveyou'd like some more guidance on negotiating with
positions and key influencers.clients, don't attend drama school; visit instead!