When starting a business one of things you need to figure out is how much to charge for your product or service without loosing money.
How did you calculate to "right" price for your product(s) or service(s)?
New Business - How Much to Charge?
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Accrete
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Accrete
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10 Ways New Businesses Can Determine Their Ideal Prices
If you are starting a new business perhaps this article from Small Business Trends would help you determine your idea pricing.
Continued: How Much to Charge? 10 Ways New Businesses Can Determine Their Ideal PricesFor many new business owners, one of the biggest challenges is determining a fair price for their products or services. You don’t want to charge so much that people will choose your competitors, but you also don’t want to lowball your prices and fail to make a profit. To help you make this important decision, we asked a panel of Young Entrepreneur Council members to weigh in on the following question:
“When you were first starting out, what process did you use to determine the price of your product or service? How has that process changed between then and now?”
Here’s what YEC community members had to say:
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