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Episode #50 - Price Increase for your Cleaning Business
Manage episode 404193774 series 3465158
Contenido proporcionado por Shannon Miller and Kimberly Gonzales, Shannon Miller, and Kimberly Gonzales. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente Shannon Miller and Kimberly Gonzales, Shannon Miller, and Kimberly Gonzales o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.
Price increases are a necessary part of running a business, but they can be intimidating. However, if done correctly, they can help you grow your business and improve your bottom line.
The first step in implementing a price increase is to evaluate your current pricing structure. Are you pricing your services competitively? Are you covering all of your costs and making a profit? If not, it may be time to consider a price increase.
When deciding on the amount of the price increase, it’s important to consider factors such as the cost of materials, labor, and overhead. You should also consider the current market conditions and the prices charged by your competitors.
Once you’ve decided on the amount of the price increase, it’s important to communicate it to your customers effectively. Be transparent about the reasons for the increase and emphasize the value that your services provide.
Finally, be prepared for some pushback from customers. Some may be resistant to the price increase, but if you can demonstrate the value of your services and the reasons for the increase, most customers will understand.
That's it for today's episode of Cleaning Business Life. Thank you for listening, and we'll see you next time.
Questions? Feel free to reach out!
Shannon Miller: cleaningbusinesslife@gmail.com
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See Shannon's latest courses: www.KleanFreaksUnversity.com
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