Simmonds Podcasts
C1Dialogue5 Min.

Reopening a Deal After the Budget Is Cut

The board cuts twenty per cent — the client has to reopen a finished deal. How both sides save the project.

Editorially reviewed by James Simmonds – English teacher since 2004Published

Reopening a Deal After a Budget Cut

SceneSabine's board has cut all project budgets by twenty per cent — the agreed software rollout is at risk. She calls key account manager Jonas to renegotiate the deal.
0:00 / 5 Min.

Tip: listen to the episode twice before you start the test.

To the comprehension test
Jonas — Key account manager, IT services providerSabine — Head of operations, client

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Comprehension test

Listen first, then answer. No penalties — every explanation points to the moment in the conversation.

01Why does Sabine call Jonas?
02Which three levers does Jonas propose?
03The board cancelled the project goal as well as the budget.
04Jonas offers five per cent off the licence fees for the second phase.
05Which word is missing?

The board has cut our project budgets across the ___ by twenty per cent.

06Which word is missing?

Exactly — ___, not actual. I always mix those up in English.

07Put the steps of the conversation in the correct order.

Transcript

The full transcript opens after the comprehension test — so you train real listening instead of reading along.

Key phrases

to reopen the deal
to renegotiate an agreement that was already closed
After the merger, both sides agreed to reopen the deal.
across the board
applying to everything or everyone equally
Prices were raised by three per cent across the board.
current budget
the budget as it stands now — German "aktuell" is "current", not "actual"
Our current budget does not cover the extra licences.
lever
a factor you can adjust to change the outcome
Payment terms are often the easiest lever in a renegotiation.
to phase the rollout
to split an implementation into stages
We phased the rollout so the budget spread over two years.
payment schedule
the agreed timing of payments
The new payment schedule stretches across two financial years.
contract value
the total monetary worth of a contract
The total contract value fell by five per cent after the renegotiation.
revised proposal
an updated version of an offer
Please send the revised proposal before the board meeting.

Language notes

In this episode a client renegotiates a closed deal after the board cuts her budget by twenty per cent. You learn how to reopen a deal in English without sacrificing quality: clarify priorities, offer levers instead of discounts, deliver visible gestures — and why German "aktuell" is never "actual" (C1).

Renegotiating without losing face

Sabine opens like a textbook: she names the cause (a board decision), recalls the agreement ("we shook hands") and states plainly what she needs ("I have to reopen the deal"). Jonas rewards the directness instead of stonewalling — "Thank you for telling me directly" — and asks the strategic question first: is the project still a priority? Only then do numbers enter the room. That order separates professionals from hagglers.

Levers instead of discounts

Jonas refuses the simple discount with a strong rationale: twenty per cent off the price would mean twenty per cent off the quality. Instead he offers three levers: phasing, client self-service, payment scheduling. Only when Sabine demands a "visible gesture" for the board does a limited reduction appear — five per cent, tied to conditions. The discount stays a trade, not a gift.

Aktuell, actual, current

The false friend of the day: German "aktuell" means "current" (as of today). English "actual" means real — in finance it is even a term of art: "actuals" are real figures as opposed to planned ones. When a German manager says "our actual budget", the English side hears "our real budget" — in a budget conversation, genuinely confusing. Jonas resolves it elegantly with a clarifying question rather than a correction.

Keep practising: Learn business English online — with real teachers from Simmonds, since 2004.

Frequently asked questions

What language level is this episode for?

Level C1 (CEFR). The dialogue uses nuanced negotiation English with finance vocabulary; the vocabulary list explains all eight key terms bilingually.

How do I renegotiate a deal after a budget cut?

In four steps: state the cause and the number openly, check whether the project is still a priority, offer levers instead of pure discounts (phasing, self-service, payment schedule) and confirm the result in a written revised proposal.

Does German "aktuell" mean "actual" in English?

No. "Aktuell" = "current". English "actual" means real — in budgeting, "actuals" are even the real figures. "Our actual budget" means the true budget, not today's budget.

Is there a transcript to read along?

Yes, the full transcript with German support notes is on this page — listen first, then take the test, then read along.

Where can I practise renegotiations like this live in English?

In the online business English courses from Simmonds Language Services (englisch-lehrer.com/online): live lessons with real teachers on Zoom, for companies and individuals across Germany. It starts with a free consultation.

Want to practise these phrases in a real conversation?

The podcast trains your ear — in our online lessons you practise the conversation yourself, with real teachers. For companies across Germany since 2004.

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