Negotiation Consulting
A consulting service that helps businesses improve their negotiation tactics with suppliers, banks, and other stakeholders to enhance profitability.
Problem Solved
Many businesses fail to negotiate effectively, resulting in higher costs and reduced profit margins; this service equips them with strategies to negotiate better terms.
Skills Required
Expertise in negotiation tactics, strong communication skills, and experience in various business sectors.
Why this works now
The rise of remote work has shifted negotiation dynamics, with businesses needing to adapt to new supplier relationships and virtual contracts. A practical first-revenue move is to join and offer services in the r/Entrepreneur subreddit, where small business owners actively seek advice on negotiation strategies. A potential risk involves the labor intensity of delivering personalized consulting services, which may limit scalability and require significant capital investment for hiring experienced negotiators.
Where this idea came from
Podcast: Koerner Office
Episode: “That’ll Never Work” — Now It’s a $270M Brand (w/ True Classic CEO)⏐Ep. #218
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