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Collecting Receivables and Managing Your Cash Flow | HST/Income Tax | Introduction to Bookkeeping | Inventory Management | Reducing Your Breakeven | Setting the Right Price for Your Product or Service | Cash Flow Management | Accounts Receivables | Understanding the Numbers | A Guide to Business Financing

Setting the Right Price for Your Product or Service

Facilitator: Francis Bourque (Key Concepts), Louie Surette & Randy Sears

Knowing how to determine the right price for your product or service is critical. There are many factors to consider such as direct costs, indirect costs, your customers and your competitor.

The full day workshop will provide practical strategies and tactics to balance the right price for your product or service and sales volume. Identifying and adapting Best Practises to your business will be a strong focus of the workshop; allowing you to “tweak” existing policies or totally “re-write” your pricing strategy.

The workshop will also address the measurements for keeping the bottom line on track and controlling discounting practices.                                                                                                                                

In this workshop you will learn about:

  • Factors that influence price
  • How to calculate the right price
  • Discounting as a strategy
  • Management tools to monitor your pricing structure

Target Audience: The workshop will target both new and existing SME owners and managers who are experiencing challenges on setting proper pricing strategies to grow their business.

Upcoming Courses