The Business Essentials

EP13: Get Your Price Right


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This episode is all about pricing; iff  you have ever wondered about your pricing, I want to break it down with a simple formula. 
Revenue = All Financial Obligations + Owner’s Pay + Net Profit
In other words, the amount of revenue you generate should cover all your financial obligations including the owner’s pay and provision for net income. Anything short of this signals a potential problem in your pricing, and it should be reviewed.
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The Business EssentialsBy Viola Welang

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