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The $10,000 Promise & Pricing Estimate Worksheet

Whenever I go into a small business to consult I rarely find that they are pricing themselves correctly.. Many companies don't know what they should be charging. They don't know if they should raise or lower prices. They don't know how much profit they have built into the sale of their product or how much profit they have built into an estimate or a bid for a job they propose to perform. For a business, not knowing this is not a good thing.  

Let me state the obvious: If you're not turning a decent profit now, then you're not pricing properly...or...your costs (labor, material and/or overhead) are too high; one or the other.

And I always hear the same thing initially from my clients: "I know my costs are in line and I just can't charge any more." Not true.  I inevitably go through a process of getting business owners to understand pricing concepts and the true costs and burden included to arrive at a proper price or a profitable estimate.  This includes using the true costs of labor and material, overhead load and optimum profit level by job or product. There is a concept called margin mix. All owners should grasp it and it is something I teach.


Many of you may know these concepts or are close to knowing them. But even if you don't know exactly, you can still use a simple Excel program for your pricing that you could enter numbers into and it will give you a better price or estimate than what you are charging for your product or service now.


Here's the promise:

* If you have proper financials and generally know true costs (labor burden, etc),
* know your proper overhead load (e-mail me if you don't, I'll help you calculate),
* provide a quality product or service,
* your business does at least $300,000 a year in sales,
* and you use the downloaded bidding tool to raise or lower your prices accordingly...


You will make at least an additional $10,000 profit in the next 6 months. And probably a lot more. It works every time!

Just fill out the download form below. We'll send you a simple Excel spreadsheet. Get familiar with it. Use your own bidding system; then use this one to compare. It will tell you what you should be charging to make your desired profit level. Over time, start using this one all the time.

If the prices estimated are too high in your mind, then you must take a hard look at your costs. It's pretty basic. Remember: No profit or low profit equals either prices too low or costs too high.

If you need help with this tool, or in reducing your costs, or if pricing looks skewed, or if you have any questions, contact me, (e-mail: randy@rmoonconsulting.com, ph. 469-767-5012) and I will get back to you quickly.

(Depending on your industry, you may need another type of pricing tool. Contact me.)

...And you need to be job costing also. This spreadsheet has a simple job cost module included.

To receive the Download Link, please fill out this form and then check your email:

your first & last name:

your title:

your company name:

e-mail address:


 


 

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