Pricing as an entrepreneur
The right pricing is the foundation of a profitable business. Prices that are too low lead to burnout; prices that are too high drive customers away.
You will need
- A cost calculation
- Information on competitors' prices
- A target salary
Steps
Add up your costs
Add up all your business costs: insurance, software, premises and equipment.
Work out your target salary
Estimate your billable hours
Calculate your hourly rate
Compare with the market
Price on value
Review your prices regularly
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