Pricing for Profitability

Financial and Lifestyle Freedom for UK Business Owners

English - October 29, 2021 05:00 - 11 minutes - 15.3 MB - ★★★★★ - 3 ratings
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Previous Episode: Methods of Pricing

Next Episode: Why is Bartering Bad?

In pricing, costing plays a critical role to ensure all expenses are covered and determines a price that ensures profitability. It is incredibly important to know all the costs your products or services will incur.

Aside from determining the costs, the value of your products and services is also vital. In this episode, I will share with you how to effectively calculate your pricing based on the costs as well as the value of the service or product you are providing.

Enjoy listening!

Here are a few insights you’ll hear in today’s show… The benefits of periodically reviewing your pricing.How to baseline your pricing.How to calculate your price based on your value.When should you review your pricing?

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