Name: How to set prices and protect your margin
Uploaded: 2015-09-28
Description: How to price your products or services to maximise profits and keep the cash flowing.

How to price your products or services to maximise profits and keep the cash flowing.

Webinar

How to price your products or services to maximise profits and keep the cash flowing.

Enterprise Nation has helped thousands of people start and grow their businesses. Led by founder, Emma Jones CBE, Enterprise Nation connects you to the resources and expertise to help you succeed.

How to set prices and protect your margin

https://www.enterprisenation.com/learn-something/how-to-price-for-profit

How to price for profit by Michael Bernstein of 

The masterclass was hosted live on 28 July. It focused on how to price your products or services to maximise profits and keep the cash flowing. You can read the participant questions and see the answers from our expert Michael below.

Live Blog Member Masterclass: How to price for profit

How to price for profit

&lt;p&gt;When someone tells you &amp;ldquo;oh wow, things must be going SO well in your business&amp;rdquo; &amp;ndash; does a part of you wish they knew how lost you sometimes feel?&lt;/p&gt;

&lt;p&gt;&lt;br /&gt;
I know how hard you work, how badly you want to succeed, how much you believe in the potential of your business, and how much progress you&amp;rsquo;ve already made.&lt;/p&gt;

&lt;p&gt;&lt;br /&gt;
But at some point &amp;ndash; between juggling orders, suppliers and the relentless need to keep up on social media, you&amp;rsquo;ve begun to feel overwhelmed. And financially, you may be wondering when you&amp;rsquo;ll get the chance to pay yourself a decent salary or hire in enough help.&lt;/p&gt;

&lt;p&gt;My name is Catherine Erdly and I have over 19 years experience working with product businesses of all sizes from high street names (such as Laura Ashley, Coast and Paperchase), all the way down to brand new businesses with just a handful of customers.&lt;/p&gt;

&lt;p&gt;&lt;br /&gt;
I have helped these businesses get more organised and make more money.&lt;/p&gt;

&lt;p&gt;&amp;nbsp;&lt;br /&gt;
Now I want to help you do the same so that you feel clearer, re-energised and confident enough to take your business to the next level.&lt;/p&gt;

&lt;p&gt;&amp;nbsp;&lt;/p&gt;

&lt;p&gt;If you&amp;rsquo;ve been looking for some help with your business, and you&amp;rsquo;d like a trusted expert to work with you to:&lt;/p&gt;

&lt;p&gt;&lt;br /&gt;
- Outline what your options are to make your business a success long term&lt;br /&gt;
- Make the most of your time&lt;br /&gt;
- Manage your money&lt;br /&gt;
- Support you with a new project &amp;ndash; like a pop-up shop or wholesale&lt;br /&gt;
- Give you the confidence to grow as a founder and business owner&lt;br /&gt;
&amp;nbsp;&lt;/p&gt;

&lt;p&gt;Then get in touch now, and let&amp;rsquo;s talk.&lt;/p&gt;

Founder

Lunch and Learn: Pricing your product or service

Catherine Erdly shares advice for pricing your products or services.

As Enterprise Nation's small business community manager, my role is to guide our members through every stage of their user journey, developing and improving their experience within the Enterprise Nation community, and arming them with the knowledge and resources they need to start and grow their business.&nbsp;&nbsp;

I have over 20 years of experience working in customer and B2B support. Having also managed a small business for many years, I understand the struggles that they face am passionate about helping them grow. I love to hear member success stories, particularly those in the food and drink sector.&nbsp;

Head of community

New to the Enterprise Nation community

This is a group for new members of the Enterprise Nation community to connect with likeminded businesses and the Enterprise Nation team. Use this space to meet other businesses who might be on a similar journey or looking to grow their network. Join and introduce yourself! Welcome to the community.

PDT Sales Consultancy was founded by Paul Durrant who is a certified sales professional with over 25 year's sales and business development experience. Paul brings a wealth of knowledge in helping start-ups and established businesses fix their sales related problems, optimise their sales performance and upskill their salespeople.

A lack of sales background or training prevents many small businesses from fulfilling their full growth potential. Similarly, salespeople are asked to go out and sell without possessing the necessary skills and tools to do their job effectively. PDT Sales Consultancy can help you address both of these growth 'inhibitors' and put your business back on the path to more profitable growth!

Paul Durrant is a qualified business consultant with the Institute of Consulting (part of the CMI), an Executive Member of the Institute of Sales Management, an Ambassador for the Essex branch of the Institute of Directors, a member of the Essex Chambers of Commerce, a member of ORB (Organisation for Responsible Businesses) and an accredited EFT (Emotional Freedom Technique) coach with the International Alliance of Holistic Therapists. EFT is a self-help complimentary therapy that can help you address emotional states of the mind such as fear, stress, anxiety and lack of confidence.

Consultant

ENTREPRENEURIAL SALES (in paperback form on Amazon for £11.99 or in Kindle Edition)

&lt;p&gt;Entrepreneurial Sales is a practical guide for being a more entrepreneurial, sales-savvy small business owner. Over 15 chapters learn how to unlock your entrepreurial sales potential, apply your newly found entrepreneurial sales skills and borrow best practice from some very successfull entrepreneurs that are truly &amp;#39;sales-savvy&amp;#39; such as Enterprise Nation&amp;#39;s founder Emma Jones - who have been interviewed as part of this book. Get your paperback version on Amazon no

&lt;p&gt;I am here to inspire, grow and build strong foundations for your business and future. Providing business and marketing consulting to take you to the next level. I excel in managing multiple projects with strong detail, problem-solving, and follow-through capabilities. As a Master of Business Administration, BA (Hons) Social Policy and Administration– I am a qualified Business Strategy and PR Marketing specialist I have over 20 years of experience including working on EU Projects, Innovate2Succeed – the governments leading business programme and for many businesses and organisations from within the public and private sector.&lt;/p&gt;

&lt;p&gt;Supporting all aspects of successful business operations, strategy marketing, CSR, and management, I advise and support businesses of all sizes, within a variety of industries. I have worked with many charities and other businesses within the public sector. Specialising in; Start-ups, concept and strategy implementation, marketing, digital, organisational analytics, cultural change shifts, and management development.&lt;/p&gt;

Sara Carter

&lt;p&gt;I am here to inspire, grow and build strong foundations for your business and future. Providing business and marketing consulting to take you to the next level. I excel in managing multiple projects with strong detail, problem-solving, and follow-through capabilities. As a Master of Business Administration, BA (Hons) Social Policy and Administration– I am a qualified Business Strategy and PR Marketing specialist I have over 20 years of experience including working on EU Projects, Innova

How to price for profit

How to price for profit by Michael Bernstein of Advantage Business Partnerships Limited

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