SCORE hosts Pricing for Profit and Growth 1-21-2021

How to Price for Profit and Growth

Smarter Pricing Guidelines for Small Businesses

Fee: $20

Are you one of the 75% of small business owners that:

do not have a quick and effective pricing model and/or consistently under-price your work? If so, this Live Online Workshop is for YOU! You will be put on the path to a better understanding of:

• The difference between mark-ups and your actual profit margins

• How to calculate and utilize your Cost of Goods Sold in pricing

• How drive time impacts service delivery businesses while fixed costs impact production oriented businesses

• Using fixed or variable costs to price for profit

• This Workshop will engage the business owner to analyze costs to better format various pricing models:

• Cost Plus Pricing

• Competition-based Pricing

• Good / Better/ Best models

• Margin-based Pricing

• When to utilize Premium vs. Discount strategies

• How to calculate a Break-even sales goal