5 Roadblocks in Contract Negotiations and How to Avoid Them

Although there are several discrete aspects of the contracting process, each phase ultimately intertwines with the others, and each step in the cycle influences the next. The way in which the contract negotiations unfold will no doubt have a massive effect on managing the contracting relationship and overall contract performance. Unfortunately, things can sour rather easily during the negotiation phase, but the contract often has to move forward, as there may not be time to find a new partner or even another firm available that can provide the same goods or services. Here are five common roadblocks in contract negotiations and how to avoid them:

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Tips for Success On Your Next Vendor Contract Renewal

Just because someone manages contracts for a company doesn’t necessarily guarantee that negotiation comes easily to them. If you don’t feel like you have a natural talent for negotiation, contract renewal can spark feelings of uncertainty. The following vendor contract renewal best practices can improve your chances for success.

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