This week I take a look at the interesting area of pricing your services. Everyone has an opinion on this. Read on to find out mine.
Displaying 12 Posts categorized under pricing
Are You Outrageously Expensive or Too Cheap?
The price is right There’s a lot of discussion around what is the ‘right’ way to charge for Financial Planning services. I get it. We’re at another inflection point in the development of our profession, and it’s right to question everything, including how your business charges. You need to be …
Time To Rise: Increasing Fees For Existing Clients
At some point in the evolution of your business, you’ll come to the realisation that you need to increase your fees. It’s not a comfortable place to find yourself as a business owner, as often the realisation has come about because things are financially tight in some way. It could …
Pricing Products vs Pricing Services
Service based pricing Unlike businesses that manufacture physical products, service based businesses have no ability to build up stock, and this can have an impact on their pricing strategies. For example, a company that manufactures cups can produce them and then store them if there’s not a ready market to …
Pricing For Technical Jobs and Success Fees
This week we look at two other exceptions that come up from time to time in your work; the technical advice job (which is quite common), and the success fee (which you may never come across in your entire career, but if you do at least you’ll know what to do!). Technical advice jobs …