Key Factors When Pricing Services

6 Key Factors to Consider When Pricing Services Is your service company profitable? How profitable? How do you know? Pricing for service-based businesses is often elusive for many business owners. If you look at the price for consulting or marketing, for example, you will likely find pricing and pricing strategies all over the place. If they are based on hourly fees, some firms will focus on a low price strategy, others will be more “middle of the pack” – basing their pricing on average market rates, and others present themselves as premium service offerings. If they are project-based, they may price based on estimated hours or even based on the future value of the service.

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Extraordinary Change | Extraordinary Business

imageStaying agile in a rapidly changing marketplace The 21st century has been an amazing time of growth and change around the world.  As business leaders, the last 10 years has brought both opportunities and concerns about how, when and where we do business.  We have been forced to reconsider old practices and ways of thinking, knowing that what was in the past is in the past; we can learn from them but we have to continue to keep eyes right and moving forward if the expectation is to continue. Right? This type of thinking is the thinking that separates the business leaders who seek to build extraordinary businesses from those who are just along for the ride.  These are the business leaders that are thinking strategically.

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