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When

Friday, July 31, 2020 from 10:00 AM to 12:00 PM EDT
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Where

This is an online event. 
 

 
 

Contact:

SCORE North Metro Atlanta
Reach us by phone or email at:
678-506-0718
northmetroatl@scorevolunteer.org

 

How to Price for Profit and Growth

* Smarter Pricing Guidelines for Small Businesses

About this Workshop:

Are you one of the 75% of small business owners that: 

  • do not have a quick and effective pricing model and/or 
  • consistently under-price your work?

If so, this workshop is for YOU!

You will be put on the path to a better understanding of:

  • The difference between mark-ups and your actual profit margins
  • How to calculate and utilize your Cost of Goods Sold in pricing
  • How drive time impacts service delivery businesses while fixed costs impact production oriented businesses
  • Using fixed or variable costs to price for profit

This Workshop will engage the business owner to analyze costs to better format various pricing models:

  • Cost Plus Pricing
  • Competition-based Pricing
  • Good / Better/ Best models
  • Margin-based Pricing
  • When to utilize Premium vs. Discount strategies
  • How to calculate a Break-even sales goal

Fee $40

Promo Code: In light of the economic situation caused by the COVID-19 coronavirus, our July Online Workshops are being offered at a discount.

When registering enter promo code 50JU718 to receive a 50% discount.


About our Instructor

Michael Ostien has operated high margin service businesses for 40 years. After purchasing an established, mid-size plumbing company he increased revenues by 60% and profits by 100% in less than 4 years.

In addition, he was part of a senior management team that grew a $75 million company to over $1 Billion in revenues (and $225 Million in profit). As VP Commercial Sales he grew the National Account business from 25,000 locations to over 80,000 locations under service in 8 years. He also served as VP Operations for 10 years. He resides in Johns Creek and is an active Score Mentor and Cobb Team Leader.