EPISODE C5.005 Propose Price Increases for under performing Products & Services
Good day and hope you are looking forward to a productive week.
This week we are announcing our new community - The Community of Commerce for all insiders. Everyone who has JOINED US and become an inside we are moving off of the weebly web platform to a community site on Tribe.
This will provide an opportunity to share information, ask questions, and gain support for starting, growing, or exiting your business.
It is our version of the Chamber of Commerce - what it could have been instead of what it has become. This community has one goal - your success as a business owner to build generational wealth for your family. That growth will create more and better jobs in your local community.
It is a stand alone (outside the control of the arbitrary large providers) platform that provides entrepreneurs and business owners a space for the free and open exchange of ideas.
As a member of IBGR's Community of Commerce you can:
On a closing note, if you want to know what drives everything we do - checkout this article: from Australia (click here).
And that is just restaurants - what about everybody else?
Have a great business week.
Show Objectives - The Why
This is an important show but hard to convey in the audio medium. I will paint the picture of what you need to understand about your current pricing before discussing how to determine the price increase.
Key Issues - Owner/Manager Perspective:
What You Need to Know - The What
What You Need to Do - The How
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