Pricing a product or service is the most important financial decision a business owner can make. It's also the one decision they most frequently get wrong, because it's tricky to calculate.
In this one-day workshop, BDO’s Head of Strategic Innovation, Tanya Titman, will:
- Show you how to capture the true cost of delivering your product or service
- How to calculate a price that delivers a profit
- Help you validate your revenue streams and set prices to ensure your organisation turns a profit faster.
This workshop will enable you to learn:
- The correct process for pricing your product or service
- Why Cost of Goods Sold is critical for pricing
- Profit Margin and Breakeven Point calculation
- Mark up strategies for products
- Hourly rate and charge out rate calculations.
Want to know more about this workshop? Please contact Rebecca White.