Fri, Jul 27|
Prototype Career Service
START-A-BIZ: Making Money $$ (pricing your products and services)
Set the right price for your products and services! Learn to analyze competition, calculate labor and overhead costs, set your desired income and 1st-year expectations, and craft cash-flow strategies for when the cash isn't flowing. Master the fundamentals of money-making with Prototype!
Time & Location
Jul 27, 2018, 1:00 PM – 4:00 PM
Prototype Career Service, 626 Armstrong Ave W, St Paul, MN 55102, USA
About The Event
Most business owners expect to earn part or all of their living from their effort. To do so requires more than hard work – it demands a plan based on multiple factors. In this session we’ll discuss key elements for setting the price of your service or product, including:
-labor and overhead inputs, and/or cost of goods sold
-your desired income from the business
-basic formulas for setting rates
-setting take-home expectations for the 1st year
-cash-flow strategies for when the cash isn’t actually flowing
After the 2-hour session, stay on for the one-hour lab (included in the session price) to work on your own business planning process. Bring your laptop or notebook – we’ll supply the coffee and wifi!
Making Money $$