SBC Webinar: How to Price Your Product or Service
Identify relevant internal and external factors in setting prices for products or services and learn to estimate potential market share. Real-world examples will demonstrate how to evaluate pricing methods, develop sales, forecasts, and measure market potential. This seminar also introduces breakeven analysis as a tool to assist the entrepreneur in measuring financial feasibility based on potential profit margins. Practical activities will also help the business owner in identifying the types of data needed to project the revenue, start-up, and operating costs of a business.