Business Planning Resources

GUIDES

Pricing Options for Your Business

Pricing Options for Your Business

The prices you charge for your products or services can have a dramatic effect on sales and profits. Your pricing strategy also determines how customers view and respond to your product or service.
Consider the different options when it comes to pricing, to make sure your strategy is effective.

Decide on Your Exporting Channels

Decide on Your Exporting Channels

Are you planning on selling to customers in an overseas market? There are export channels galore to choose between – but which ones are right for your business?

Creating an Export Business Plan

Creating an Export Business Plan

An effective export business plan lays the foundations for overseas success. Each piece of the plan should come together to create a blueprint that will see your business prosper in the years ahead.

Planning for Disaster Recovery

Planning for Disaster Recovery

Anyone who has been through a major earthquake, flood, fire or other disaster can confirm that a lot more could have been done – and should have been done – to lessen the impact. Forethought is the key to recovery.

Work Out a Price for Your Service

Work Out a Price for Your Service

Many service providers simply pitch their price somewhere near the middle of the prevailing market rate. But it makes sense to calculate your overhead costs and hourly rate to work out what price you should charge to ensure the income from your business meets your expectations.

Work Out a Price for Your Product

Work Out a Price for Your Product

There are a number of ways to arrive at the price to charge customers. Regardless of which method you use for pricing your product, you’ll need to know what it costs to supply your product to be sure you’re able to operate at a profit. Alternatively, you’ll need to know the cost to your business if you plan to use a product as a loss leader.

Pricing Options for Your Business

The prices you charge for your products or services can have a dramatic effect on sales and profits. Your pricing strategy also determines how customers view and respond to your product or service.
Consider the different options when it comes to pricing, to make sure your strategy is effective.

Planning for Disaster Recovery

Anyone who has been through a major earthquake, flood, fire or other disaster can confirm that a lot more could have been done – and should have been done – to lessen the impact. Forethought is the key to recovery.

Decide on Your Exporting Channels

Are you planning on selling to customers in an overseas market? There are export channels galore to choose between – but which ones are right for your business?

Work Out a Price for Your Product

There are a number of ways to arrive at the price to charge customers. Regardless of which method you use for pricing your product, you’ll need to know what it costs to supply your product to be sure you’re able to operate at a profit. Alternatively, you’ll need to know the cost to your business if you plan to use a product as a loss leader.

Finding Good Mentors & Business Advice

Most business owners receive plenty of well-intentioned advice and ‘helpful opinion’ from family and friends. However, good business advice given from commercial experience is another matter entirely.

Choosing Payment Terms for Your Business

Getting paid correctly and on time by customers can be a constant frustration for business owners. Communicating your terms is the best way of making sure you aren’t out of pocket – or are left chasing debtors.

Creating an Export Business Plan

An effective export business plan lays the foundations for overseas success. Each piece of the plan should come together to create a blueprint that will see your business prosper in the years ahead.

Pricing Strategies to Beat the Competition

How you price can have a dramatic effect on your sales, cash flow, and profit margins. Your pricing strategy will determine how customers see your trade business in the marketplace – naturally comparing your prices with your competitors.

Work Out a Price for Your Service

Many service providers simply pitch their price somewhere near the middle of the prevailing market rate. But it makes sense to calculate your overhead costs and hourly rate to work out what price you should charge to ensure the income from your business meets your expectations.

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