Where
Hockessin Free Library1023 Valley Rd.
Combined Meeting Rooms
Hockessin, DE 19707
Driving Directions
Contact
Fred LentzDelaware 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.