Financial Business Strategy Template

ADVERTISEMENT

Pricing Strategy
Having trouble deciding how to price your product(s)? Use this worksheet to help make
it a little clearer. Add your own categories if necessary.
Item
Cost
Labor
Materials
Utilities
Equipment depreciation
Advertising
Packaging
Insurance
Postage
Wholesale Total
Conventional wisdom now says to take that wholesale total and increase it by 50 or 100
percent. Also consider the competition. If you charge a great deal more for the same
product, you will have a difficult time getting business. So make the retail price enough
to cover all your expenses, plus profit, and be prepared to change that price if it
becomes necessary.

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Business
Go