How to Price Your Product or Service
Setting the correct price point to make a profit and compete in your market is often difficult for the novice and seasoned business owner. This workshop will examine pricing methods and help the owner learn how to develop sales forecasts and measure market potential. This seminar will cover how to: identify strategies used to price products and services; evaluate different pricing methods for sample businesses; identify connections between pricing and sales forecasting; identify financial concepts (overhead costs, costs of goods sold, profit contributed per sale, and breakeven point); identify factors involved in developing good financial assumptions; and learn how to calculate the break-even point for a sample business.
Speaker(s): Dean Kanipe
Fee: No Cost