Pricing to make a profit

Understanding your businesses finances is a critical skill for small business operators. Pricing your products or services appropriately can be the difference between success or failure for your business. Many business owners struggle to determine the ideal price point for their products or services, leading to missed opportunities and diminished profitability.

In this workshop, you will explore pricing strategies, calculate your ideal price point, and learn how to adjust your prices to cover costs and remain profitable and competitive.

Main topics covered:

• the importance of pricing correctly to achieve profitability
• various pricing strategies to maximise revenue
• calculating product pricing to deliver profits
• practical tips for implementing and adjusting pricing strategies.