ITS MY HOUSE: How to negotiate a lower purchase price without offending the sell

Loading player...
Negotiation is one of the ways companies can reduce cost, increase cash flow and improve margins. Buyers will always want to reduce costs while maintaining the quality of service offered; suppliers, on the other hand, will always want to increase their margins. Given the divergent goals, your best options as a buyer will be to either strike a balance or to reach an agreement on a discount without offending the sellers. But, given that you are on a tight budget, how can you negotiate without offending your sellers? We tell you all about it here.
1 Nov 2022 2PM English South Africa Business News · Investing

Other recent episodes

INSIDE YOUR BUSINESS: Transformation fund: opportunity or threat for SMEs?

The government is preparing to launch a revamped Transformation Fund as early as next week, rewriting incentives that have shaped corporate behaviour for more than two decades. Joining Gugulethu today is Jamell Khan from Unconventional CA (UCA), who has been vocal about the risks of centralising corporate transformation funds.
28 Jan 1PM 12 min

SAFDA’s plan to rescue Tongaat-Hulett and protect farmers’ livelihoods

South Africa’s sugar industry faces a critical moment as Tongaat-Hulett, one of the country’s oldest and most prominent sugar producers, confronts provisional liquidation despite ongoing efforts to stabilise the business. South African Farmers’ Development Association (SAFDA), led by Chairperson Dr Siyabonga Madlala, has stepped in to assure farmers and employees…
19 Feb 2PM 17 min

South African professionals are facing a new era of stress

South African professionals are facing a new era of stress, one that is no longer confined to busy periods or isolated pressures but embedded in the fabric of everyday life. The 2025 Profmed Stress Index released on Thursday reveals a workforce grappling with financial strain, toxic workplace cultures, systemic instability…
19 Feb 2PM 11 min