Step by Step How to Calculate Selling Price for Services
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Talk to an expert: https://wa.me/message/KS4TIE4FI5HQI1 ???? Download your FREE e-book Step by Step on How to Calculate the Selling Price for Services: http://digital.consultoriabusiness.co... Step by Step on How to Set the Selling Price for Services Any sales price, whether for a product or service, basically has four major elements: 1) Costs (Direct and Indirect) 2) Fixed Expenses 3) Variable Expenses 4) Profit Margin When setting prices for service providers, labor is the main and largest element that makes up the cost of the service, and this is where freelancers and entrepreneurs have difficulty calculating the cost/hour and, obviously, the price that should be charged. In this video, I present six steps for you to accurately calculate this cost and the selling price of your service, without forgetting the real profit margin that should make up this service price. The six steps are: 1) calculating the cost of the service; 2) calculation of fixed expenses; 3) calculation of variable expenses; 4) definition of the Profit Margin; 5) definition of the Mark-up; 6) calculation of the Service Price. Watch the video until the end and, if you still have questions, leave your question in the comments area and I will be happy to answer it. Big hug and success in business. Prof. Me. José Luiz Pereira Braz Executive Director Business Consulting & Franchising Ltda. ========================================================================= 00:00 Introduction 00:40 What Makes Up the Selling Price 01:45 Step 1 - Calculating the Cost of the Service 03:40 Step 2 - Calculating Fixed Expenses 05:00 Step 3 - Calculating Variable Expenses 07:00 Step 4 - Defining the Profit Margin 08:30 Step 5 - Calculating the Markup 10:00 Step 6 - Calculating the Selling Price 12:00 Conclusion and Final Tips ========================================================================= Our courses: ???? Simplified Consulting: http://digital.consultoriabusiness.co... ???? Financial Management Basic: https://digital.consultoriabusiness.c... ???? Cash Flow in Excel: http://digital.consultoriabusiness.co... ???? Sales Price Formation for Resale: http://digital.consultoriabusiness.co... ???? Service Pricing Formation: http://digital.consultoriabusiness.co... ???? How to Calculate Installment Price Without Losing Profitability: https://digital.consultoriabusiness.c... ???? Mini Course - Complete Manual for Fee Pricing + Spreadsheets: https://digital.consultoriabusiness.c... ???? Mini Course: How to Calculate Pro-labore + Spreadsheet: https://digital.consultoriabusiness.c...
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