Pricing For Profit – Feb 27th

Tuesday, February 27 at 7:00 PM

This free workshop, taught by the trusted counselors of the Pinellas Chapter of SCORE (Service Corps of Retired Executives), focuses on how to price your business’ products or services.

“Pricing For Profit” is a lot more than just a catchy phrase. Many small businesses establish their selling prices by simply copying what their competitors charge. While this might work sometimes, this will often lead to losses and not profits for any individual company. In order to Price for Profit, a company needs to know their costs – both variable and fixed costs. But, they also need to know what the market will pay for a given product and what their competitors are charging. After all of these factors have been reviewed, a reasonable price structure can be established.

In this seminar, the instructor will go over the basics of understanding the costs of doing business and relate these costs to an understanding of Gross Profit, Margin and Markup. With this information, you should be in a much better position to charge the RIGHT PRICE for your product or service.

Register for this program at the Reference Desk.