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Pricing For Profit
LIVE
Are you pricing your replacements using the “1 minus the gross margin” method?
Do you call your competition anonymously to ask what they are pricing and set your prices accordingly?
Do you use your competition’s replacement pricing to set your pricing?
If you are dividing by 1 minus the gross margin or using a percentage for overhead, then your jobs may actually be losing money and you don’t know it.
Using your competitor’s pricing as a guide for your pricing is dangerous.
Their cost of doing business is probably different than yours.
Invest a day to discover how to price properly.
At the end of this one-day course:
You’ll know the proper
way to price.
You’ll know exactly how much profit should drop to the bottom line for each type of work you perform.
When you implement
the simple, easy to understand tools given to you in this one-day class, you have pricing choices for service, maintenance, and replacement jobs.
You’ll receive the Pricing for Profit Manual and all templates to implement this pricing strategy using your company data.
Agenda
Introduction – Why dividing by 1-GM doesn’t work
Pricing by turning your P&L upside down
How to determine overhead cost per hour
Deciding on your net profit per hour
How to price service rates
How to price maintenance rates
How to price replacement/projects
How to use your easy pricing template
How to change pricing based on seasonality
Wrap up of the day
Who is Ruth King, Course Instructor?
Since 1987 Ruth and her team have been analyzing financial statements and given business owners the tools/processes to get and stay profitable and build wealth. Her clients have grown profitably and achieved their business and personal goals. Many have sold their businesses for millions.
She is the #1 best-selling author of Profit or Wealth?, The Courage to be Profitable, The Ugly Truth about Cash, and other award winning books.
When is Pricing for Profit?
Enroll Today
Class is limited to 15 people so that each person attending receives personalized attention to their company’s specific pricing needs.
Enrollment in class is $997
Satisfaction Guaranteed
If, after the morning, you think this program is not valuable to you, let us know and we will cheerfully refund your money.
No hassles!
Click below to enroll now. Or call 770-729-0258.
I look forward to helping you price for profit!
Ruth King
Profit & Wealth Guru