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It can be quite a daunting task asking assistants to negotiate corporate rates with hotels. But assistants can save their organisations a lot of money if they negotiate a special rate with local hotels, particularly if many of their colleagues or clients stay overnight. Work with other assistants in your organisation.
In addition I met with a number of serviced apartment suppliers and from the outset it was clear that the apartments were considerably cheaper than the best corporate rate I was offered at a hotel. It is easy to negotiate on the price per night with a serviced apartment as they do tend to discount on block bookings.
If you're throwing your office party at a restaurant, bar, or other facility that provides alcohol, you can normally work out a set open-bar price. While you're negotiating the per-person fee, consider the average salary of the office employees. If the band doesn't show up, the party will be boring.
Be prepared to negotiate if necessary. Like everything in business, it’s about negotiation for both funds and time. On the day I reverted to ‘show and tell’ and picked up the annual catalogue of restaurants for both of my bosses which greatly impressed them. Will the request tie in with one of your appraisal goals?
Often there are required suppliers and service providers such as audio/visual vendors, or caterers who you must use when working with a specific venue. This limits your negotiating power to compare pricing and use your own vendors. If all amplified music needs to be off by 10pm, that might be a deal killer.
One of the obstacles I came up against was that I had to order wine in serious ‘bulk’ I naively thought I could order a couple of cases from a few hand picked wine farms and start my ’small business’ by selling these cases to restaurants, gaining trust and loyalty and slowly building up a customer base.
Negotiating Your Lease Your lease is a significant expense, so it’s worth negotiating the terms. Consider negotiating for a longer lease term in exchange for a lower rental rate. Strategic Partnerships : Collaborate with complementary businesses, such as local cafes, restaurants, and tech startups.
We use locally sourced ingredients, building strong relationships with regional farmers and suppliers to ensure freshness and support a community-based economy. In addition to serving individual customers, we aim to establish partnerships with local cafes, restaurants and grocery stores to broaden our reach and build a loyal client base.
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