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Old 03-19-2011, 09:56 AM   #1
sandy7827
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, cost of living and keeping your knowledge and skills up to date.Base Price is one of your pricing objectives. It's a very important one. This is the one figure you need know so you can keep your doors open. This is your break even point. The absolute minimum needed.Chargeable Time is the maximum number of working days/hours in a given year. This is the one figure most business owners never consider. It is the number one reason why you end up working long hours and long weeks for your business.Now divide your cost or Base Price by the number of days from your chargeable time figure. This gives you your daily income benchmark. The amount you need to be making per day from your products or service rates.Be careful about lowering prices just to meet or beat the competition. There are white jordan slippers, however christian louboutin sale, some good reasons to lower prices:A strategy to increase market share.Promote a new product or service.Attract attention to a over stocked product.Encourage high volume purchases.Increase seasonal business (Christmas sale, etc)Realistic Price -- Substantially higher than Base Price. Top of the quality range in your field but still competitive while offering good value and service to your customers.Sometimes you have to increase prices in order to cover, for exayilai:
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