Negotiation is an important aspect of financial dealings in business. No discussion between two or more parties is complete without a healthy round of negotiations. No wonder executives who have undergone negotiation skills training are often considered a premium to senior leadership.

But the question is, how do you become a good negotiator? What are the basics that must be understood before engaging in negotiation?

No matter what your career aspiration is, it will be difficult to reach your dreams or goals without at least some negotiation. Think about it.