When

Tuesday, March 26, 2019 from 6:30 PM to 8:30 PM EDT
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Where

Hockessin Free Library 
1023 Valley Rd.
Combined Meeting Rooms
Hockessin, DE 19707
 

 
Driving Directions 

Contact

Fred Lentz 
Delaware SCORE 
(302) 757-4293 
frederick.lentz@scorevolunteer.org 

Pricing for Profit II 


A 'ProPel' Series Workshop for New & Current Entrepreneurs 

Pricing your goods and services is one off the most challenging aspects of starting or managing an existing business. How do I set a price that is fair, contributes to the bottom line, meets the competition, reflects the quality of the wares, and meets the expectations of my expected customers? This workshop will assist in answering these questions

This workshop builds on strategies and techniques for pricing detailed in a previous session, The pricing fundimentals will be reviewed and expanded upon with the folllowing objectives addressed. 

  • How do I price my products?
  • Definition of Unit Cost
  • Various Cost Behaviors
  • Break Even Analysis
  • Effect on profits if I change prices, or costs?
  • If I can’t make a profit, what do I change?
  • Pricing Pitfalls to avoid

This workshop is a 'must' if you are building or updating your Business Pln. 

Fee: Free

 

Register Now!Instructor Bio:

Mike Profit, MBA, is currently working towards a CFP designation in Financial Planning with MassMutual Greater Philadelphia - Delaware office. Mike was formerly a self-employed consultant, co-developing a new employee-training program for 1,200 associates for a privately held retail chain in Delaware. Prior to this, Mike was the North American Marketing Manager at a global company covering key hosiery and sock manufacturers and brands.  Working with many small businesses (Socks & Hosiery), including start ups, Mike provided guidance and support with research & development, product prototypes & development, manufacturing, operations, sales & marketing.