Raise Prices with Complete Clarity
Many business owners are scared to raise prices because they fear losing business. Learn how much business you could lose before higher prices would reduce your profit.
To use the tables, find your gross profit margin across the top row and find the amount that you want to raise your prices down the left-hand column. Where those two meet is the amount of business that you could lose and still make the same profit.
For example, on the chart, the highlighted example uses a 35% margin and a 10% price increase. Follow those to where they meet and you'll see that you could lose 22% of your business before it costs you any money.
This looks complicated, but it's not.
Schedule a call with Me to discuss your pricing strategy and discover opportunities to improve your profitability.