Pricing and profit tools
There are two different documents to download.
The Profit Finder
The Profit Finder is an Excel tool which has four worksheets.
1 The product profit finder
This allows you to calculate the profit by product/service and the impact of a price increase or decrease on your profitability as well as the impact of any change in sales volume
2 The sales ledger
This is a very basic way to track your sales
3 The Lifetime value calculator
This lets you calculate how much a customer might be worth to you over the whole of your relationship
4 Job costing
The simple headings to get you started on calculating the cost of a product or service so that you can be clear about your profit and to help calculate the price you should be charging
This is a mindmap which summarises the issues to consider when you are doing your pricing. We focus on the pricing methods, discounts and the psychology in the business skills session.