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- Don't Charge Per Hour - Do This Instead
Don't Charge Per Hour - Do This Instead
15 – 19 Feb. 2021
Hi Entrepreneurs,How do you price your products or services? If you are still not sure - this newsletter is for you.
In this week's newsletter:- What to consider when putting together your pricing strategy PLUS download our Pricing Guide PDF- COVID-19 Agricultural Funds + Business Ideas Downloadables- Financial Management Resources: Financial Management Tools for Every Business Owner + COVID-19 Cash Flow Guide
Stay safe and healthy!
Quote of the Week
“When adversity strikes, an entrepreneur needs to seize every opportunity to survive.” - Darlene Menzies
Have you downloaded the FREE Guide: 20+ Business Funding Opportunities for Entrepreneurs in the Agriculture Sector?
Choose from debt financing and venture capital to government grants & incentives and prizes. Get a full list of agricultural funds for the following categories/businesses:- Field crop farming- Animal production- Dairy farming- Food & agricultural value chain- Agro-processing
PLUS – Niche funds for Black and Women-owned agriculture businesses
“If you can defend your value, you can defend your price.”
- Deryn Graham, Public Relations Manager of Proudly South African
WHY YOU SHOULD TRY THE VALUE PRICING MODEL
When it comes to services, if you have decided to price per hour, it can be costly for your business. You should consider ‘value pricing’ instead - here's why: “Value pricing means billing clients based on what you have to offer, not how long you work. We are not just selling our time, but our knowledge, experience, innovation and customer service – these are the factors our pricing models should reflect.”This is according to Lauren du Plooy, partner at accounting software specialist firm, Rae & Associates. Read more about Value Pricing here
PLUS - Download - How To Work Out How Much to Charge for Your Services - Guide (PDF)MORE ABOUT MONEY
Financial Management Tools for Every Business Owner- A guide to proper financial management for SMEs, including financial practices to implement.COVID-19 Cash Flow Guide- Here’s a list of cash flow levers small businesses can consider to manage the impact of COVID-19. The Ultimate Pricing Guide for Small Businesses- This includes a comprehensive list of factors to consider when putting together your pricing strategy.
NEW ON OUR SITE
Looking for new income streams? Hands up if you want business ideas to explore
Download the FREE GUIDE for 25+ business ideas for all industries in South Africa, including:- Retail- Digital- Food & beverage- Entertainment- Health and fitness
PLUS Business ideas for the COVID-19 pandemic