Nov 27, 2022 | Business planning, Money
Have you heard of cost plus pricing? Furthermore, do you know how to price your services and products? It can be tricky, especially when you’re new to the game. One pricing method that can help is cost-plus pricing. In this post, we’ll take a look at what...
Oct 30, 2022 | Business planning, Money
Business owners, Understanding gross profit should be on your list of need to know . Gross profit is one of the most important financial measures, this video will Firstly, explain what it is Secondly, tell you how to calculate it Thirdly, contrast mark up and margin...
Jan 30, 2022 | Business Start Up Growth, Business Success, management accounting, Money
There are Five key numbers for pricing for profit Pricing for profit Wondering how to price your products or services so you can make a profit? You’re not alone. Figuring out the right price is one of the biggest challenges business owners face. That’s why...
Oct 17, 2021 | Business performance, Business planning, management accounting
Pricing using Target Costing is this weeks video-blog theme. Costs are reduced by as much as 25% to 30% under target costing, compared to traditional cost plus pricing. Above all your focus is on understanding and knowing your market conditions from day one. This...