Pricing Strategies

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PRICING STRATEGIES

Developing an accurate price for your products and services is imperative to operate a successful business. Simply put, you need to charge enough to cover your business expenses and come out in front.

Archer Business Consulting will assist you by developing a budgeted profit and loss, ensuring all expenses are captured and realistic. This will enable you to determine whether the anticipated revenue will cover expected expenses and result in a return on your efforts, or profit.

Measure and Predict

Once a pricing structure is set, you will receive ongoing information that will enable you to monitor that the company is in fact making enough money to meet your expenses and generate a profit. All too often clients rely only on annual financial statements to gauge business performance and often this is too late to correct any adverse business decisions

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UNDERSTAND YOUR EXPENSES