Entrepreneur: 6 Tips for Negotiating in a Crisis

April 28, 2020 / Entrepreneur.com

“4. Compare notes with others

Many entrepreneurs have turned online to network with others in the same position.  One  owner, Deborah Engel of the coworking space Work and Play in Maplewood, , started a Facebook group where thousands of people from across the country people trade tips: how to negotiate for credit relief, rent reductions, lease extensions and more. For example, you might find that people negotiating with landlords have come up with innovative solutions like a stair-step increase over time or balloon payment on the end. And you’ll find out what other business owners have needed to show in order to get those accommodations.”