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Jan 26, 2006

Determining a Plan for Setting Prices

Tim Berry, president of our company, has a nice article on pricing and how to build it into your plan over at Entrepreneur.com. Worth a quick read even if you aren't writing a plan now but are thinking about launching new products or adjusting pricing for existing services or products.

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Entrepreneur: I know of at least three common methods for setting prices for a new business, or for a new product or service within an existing business: Cost-based pricing: Set your price as a multiple of cost, or cost plus a determined amount. An ... [Read More]

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