Monday, May 11, 2020

Negotiation Training Day 7

Before doing MOU with third party (multinational), you need to be careful about

 - double taxation,
 - dispute settlement
 - exclusivity? (first, find out whether they have a policy or not. Then ask to share profits if they want to add new dealers within the country. deal in the period. ask for auto-renewal condition.)
 - royalty (little on advance and more on recurring)
 - for promotion (value office resource as well)

4 wheeler gives around 25 crores (85% value) for promotion in Nepal only.

when doing negotiation, we have to quickly revisit our options (in monetary value), zopa and reservation price.

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