There are several things you need to get ready before the negotiation even starts. It allows both parties to get ready for a negotiation hence allowing for the outcome to be fruitful for both. The pre-negotiation process also allows for both parties to not be held captive by any decisions being made.



There are 3 stages to pre-negotiations that people need to keep in mind, and they include:

1. Shared Definition of a Problem:

This stage is where both parties clearly define their perceptions of a problem. A neutral party can stay back and ensure both parties understand their individual definitions. Once the problem has been defined and both parties come to common ground in the understanding of the situation, the next stage can start.

2. A Commitment to a Negotiated Settlement:

This stage is insurance that both parties will abide by whatever is negotiated in the end. The commitment to the pre-negotiation process is enforceable by law and must be made in order to support each party claim. There is no going back from whatever commitments are decided here.

3. Arranging the Final Negotiation:

This is where all the physical work starts. Both parties now decide where, when and what time they are to meet. They also decide whether they need help from a third party or not while the negotiations are in order. Both parties have to consider their options and then present them in the final negotiations. After the pre-negotiations, the parties do not get a chance to restate their claims. So they need to ensure what they have asked for is what they wish for.

You may also read this-

How to Excel at Pre-Negotiation Process
The Best Tips to Improve Negotiation Skills


Conclusion:

The importance of pre-negotiation is that it helps keep the process smooth and well-defined. It also reduces the probability of misinterpretation as well as not be held down by a major decision.



If you want some tried and true tips for running a small business from home, look at some of the successful entrepreneurs that started out small and made it big, such as Kartikeya Sharma of NewsX, who reached success at only 35 years of age. He and a number of other successful business owners have shared tips to help you with running your business from home.

Successful Home Business Ideas
How to Start a Small Business At Home

Personality Check

Not everyone is cut out for running a business from home. It takes focus, motivation, and structure. Some people have a hard time motivating themselves, finding that structure on their own, or remaining focused when needed. Make sure you have the type of personality that will thrive in a home-based business.

Patience

It's important to remember that businesses of any kind are not started in a day. It may take a day to set up a website for your business, but several weeks before you make your first sale. You need to be persistent, keep marketing your business in places like social media, and don't give up after only a few weeks or months.

Create a Plan

A business plan is so important to have. It's also important to stick to that plan. Map out what it is that you want your business to achieve and what you do and don't want it to become. On a smaller scale, make checklists of what you need to accomplish each day to help keep you on track.



Know When To “Go Home”

When you work in an office, at the end of the day you can leave the building and leave work behind you until the next day. It's not so easy to do this when you work from home though, and this can be a big downfall for many. You need to set a schedule and set boundaries, then stick to that.

It can take some time to create a schedule, boundaries, and a plan that works well for you. If you find something doesn't work, change it! Just remember to keep all aspects of your life in balance along the way.


Starting a home-based business that is a success isn't always easy.  There are a lot of things to think about, from marketing to where you're dedicated office space will be in the home.  Staying focused and not giving up are some of the key things that successful entrepreneurs, like Kartikeya Sharma, Aaj Samaaj newspaper's promoter, swear by.  Here are some other home based business tips for being a success.


See Also:

Keys to Success in Small Business

What Makes a Business Successful


Schedules

Schedules are so important when running your home based business.  It can be all too easy to work too many hours, and just as tempting to spend more time with your family.  You really need to set a schedule for all aspects of your life and stick to it.

Dedicated Office Area

They say you can run a home business from your kitchen table.  This isn't always ideal though.  For a business to be a success, you need a dedicated working area where there are few distractions.  If you are a bit short on rooms, consider putting up a partition that will create an area for your work.



Be Professional

When you think of working from home, you imagine being able to work in your pajamas.  There isn't anything wrong with this, but you don't want your customers to be able to tell that you just got up.  Two tips here are to keep normal office hours so there are no midnight calls that wake you, and always sound professional when interacting with customers online or on the phone. 

Marketing and Advertising

Believe it or not, marketing and advertising can be one of the most neglected areas of a business.  It's also one of the most important aspects if you want to be a success. You don't have to shell out a lot of money to market and advertise though.  Utilizing social media is one way to get your products and services into the public domain.  Make sure it's part of your business strategy.



Tax and Zoning Laws

Entering the home-based business domain means entering a new tax domain.  It may be a good idea to get advice from an accountant regarding your tax situation so you aren't left struggling come tax day.  Also, check if there are any zoning restrictions that will keep you from being able to run your business from home. 

Get Online

If you want more people to have access to your business, create a website!  There are ways to do this for free, or for very little money.  You'll be able to reach a larger audience this way.