Learning How to Price Your Services

When ever someone starts a business and they have to decide how to price their services and products they need to consider what your time is worth to you. For instance you also need to consider how much you want to make for a year, then take that and break it down to what you want to earn a month, and then break it further down to what you need to make per hour. When you are selling your services to an individual may not want to charge as much as you would charge to a ccompany, because when you work with a company they have a larger budget to work with and you can also figured that you would be working with more than one individual at a time. You will also want to consider that when you work with individuals you set up different tiers of products to work with. Since you are increasing the price at each level you need to consider what you are offering and what value it has at the different levels. You should also have a wide spectrum of prices that you are working with for the different levels you are at. And also remember that you have to have developed a relationship with your customer, since the more they trust you the more they are willing to pay for your services. People who should listen to this show are entrepreneurs, home based business owners, coaches, and salesmen.