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: Liquidations hit SME sectors the hardest

South Africa’s business landscape remains under strain. New data from Stats SA shows that 135 companies were liquidated in February—a slight improvement from last year, but still a sign of persistent financial pressure across the economy. Aroni Chaudhuri, Chief Economist at Coface Africa, helps explain what these numbers mean for…
1 Apr 4PM 9 min

SARS delivers record-breaking revenue collection

The Commissioner for the South African Revenue Service (SARS), Edward Kieswetter, today tabled the strongest annual revenue collection numbers in democratic history. He joins us to reflect on the numbers and his tenure at SARS as he steps down from the role.
1 Apr 4PM 15 min

SA's New vehicle sales sure in March

South Africa's new vehicle market extended gains in March 2026, growing by 17.3 percent from a year ago. Dr. Paulina Mamogobo, Naamsa Chief Economist, joins us to unpack fresh numbers out today.
1 Apr 4PM 14 min