Community Corner
Six Steps to Small Business Success Pricing for Profits
In this two hour seminar we will discuss starting, running and selling a highly profitable small business. The following will be discussed:1.Pre-business planning 2. Start up-Financing, budgets and numbers 3. Human resources-Managing people 4. Operations-Work flow, customers, sales 5. Building a salable business and the selling it 6. Transitioning to life after business
Pricing strategy is one of the biggest contributors to the profits of a business. The following are a few of the concepts we will discuss in this seminar:1. Pricing vs. utilization vs. realization 2. Volume vs. higher billing rates 3. Brand differential vs. value creation monopoly to high profits 4. Pricing new products and services 5. Pricing vs. competition, pricing against low cost firms 6. Strategic customer selection, value added pricing.
David J. Lucier CPA, CGMA, TAX CEA is an entrepreneur, Certified Public Accountant, real estate investor, business advisor and founder/principal of Lucier CPA, Inc. Visit Lucier CPA too for your RI accounting needs.
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Lucier CPA, Inc. 1308 Atwood Ave, Johnston, RI 02919 (401) 946-1900.