More on Pricing - Budget Tips and Building in Price Increases

[iframe style="border:none" src="//html5-player.libsyn.com/embed/episode/id/11360198/height/100/width//thumbnail/yes/render-playlist/no/theme/custom/tdest_id/794081/custom-color/070201" height="100" width="100%" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen]Mr. & Mrs. America,Our Month long Focus on Finance continues with more on Pricing and Budgeting.  Then we cover some special notes on how to raise prices over the course of a contract.Are you 100%sure you're calculating your treatment prices correctly? Or are you just trying to go a little lower than the competition in your area, to give you a leg up on the competition?

That's not the way, you have to run your race and make your numbers work for your current business AND your future business.

Here are just some of the costs you MUST include:Owner SalaryManagement and Office Staff SalaryOffice ExpensesVehicle ExpensesEquipment ExpensesTreatment Products When dealing with changes in the economy , some companies add surcharges to their rates.  Like when gas was up to $4 a Gallon, many of our colleagues added a gas surcharge  to support the additional cost of getting to and from jobs.  Joe has a different take on this and explains "I believe a contract is a contract and its best to leave them as is, and focus on making better deals elsewhere"This is part two of the Pricing episode, so make sure you listen the Part 1 as well and remember you can reach out to us if you have any questions at colonyconfidential@gmail.com   Listen Here