Categories
Entrepreneurship

Pricing Your Products and Services in a New Small Business | 3 Examples [Video]

Looking for the best (and easiest!) way to price your products or services? It is one of the most critical pieces in your small business. It doesn’t have to be confusing. Let’s break down how to price your products or service so you capture your cost of goods sold, and your expenses and make sure you get paid correctly in your business! KEY MOMENTS IN THE VIDEO:00:00 How to Price Your Products and Services00:35 This isn’t a Race to the Bottom01:21 The #1 Calculation to Help You Price Correctly02:41 Examples of Figuring Out Your Cost of Goods Sold05:10 Examples of Pricing Your Labor Correctly07:36 How to Figure Out Your Expenses in a New Business to Price Right10:30 Were they Profitable?12:04 Did this Dog Groomer Price Correctly? —————————– Want to Dive in Deeper & Learn More About Your Numbers 👉 Grab Your Free Know Your Business Numbers Reference Guide: https://babolearning.com/KYBNReferenceGuide👉 Check Out the AFFORDABLE – Know Your Business Numbers Course http://KnowYourBusinessNumbersCourse.com —————————– Want more? Here are some other videos to help… 👉 Pricing Your Products Correctly – https://youtu.be/AQ_mUb1E9MQ 👉 Pricing Your Services Correctly – https://youtu.be/doAKxyRa4pM👉 How to Read a Profit & Loss Statement – https://youtu.be/x6qdKGnWE0w—————————– PLAYLISTS TO CHECK OUT:👉 Learn How to Read Your Profit & Loss Income Statement: https://www.youtube.com/playlist?list=PLkSR9dYanvV1YssoiyqLBUlgxYy2hYADj👉 PLAYLIST: Pricing Your Products & Services https://www.youtube.com/watch?v=X89AFodPA3U&list=PLkSR9dYanvV0yWIzfFldB1sGx7Dfmn3Do3👉 PLAYLIST: Learning Your Business Numbers Better: https://www.youtube.com/playlist?list=PLkSR9dYanvV1tPjNcLppOPDDBn6i4Sdzw —————————– FREE GUIDES / TOOLS👉 FREE eGuide: 8 Steps to Earning $100,000 in Income in your small business – http://bit.ly/8Steps100k 👉 FREE eGuide: How to Read a Profit & Loss Statement – https://bit.ly/ReadPL 👉 FREE Start Up Guide for Starting a Business – https://bit.ly/BusinessStartUpGuide 👉 Free Business Health Check: https://localsmallbusinesscoach.com/businesshealthcheck👉 Free eBook: 10 Questions to Ask in Your Business https://bit.ly/10QuestionsBiz—————————– 👉 Check Out the Website: https://babolearning.com👉 Listen to the Badass Business Owner Podcast—————————– COURSES to HELP YOU👉 Understanding Your Business Numbers – http://KnowYourBusinessNumbersCourse.com 👉 Start a Local Small Business – http://StartASmallBusinessCourse.com—————————– 👉 Want to Help Support the Channel? Click the Super Thanks!  👉 DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better👉 DISCLAIMER: I am not an attorney, CPA, bookkeeper, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed. I’m sharing my experiences with my businesses and those I have worked for and/or helped coach. —————————- Local Small Business Owners are the Backbone of All of Our Communities! WHO IS THIS FOR: small business owners who serve their local community, local small business owners, service based business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, carpet cleaners, window cleaners, ice cream shops, QSRs, restaurant owners, mechanics, plumbers, electricians, real estate agents, dog groomers, franchisees, tradesmen, appliance repair, dog walkers, insurance, pet business owners, cake makers & those looking to increase profits, boost sales, improve processes and develop stronger teams. Entrepreneurs who want to make more money. Those who want to know their business numbers better! #BABOLearning #KnowYourBusinessNumbers #BadassBusinessOwner

Categories
Entrepreneurship

The Steps to Starting a Painting Business | Plus a Free Start Up Guide [Video]

Thinking about starting a painting company? A painting business can be a great business for those with great attention to detail. Not only for the painting side of things but also for the business owner side. We want to make sure that you follow the steps necessary to start your new painting business on the right foot. Let’s talk about these key things and how they will save you time and money. Two of the most precious commodities a small business owner has. Starting a New Business isn’t Easy. But you are a future badass business owner, so you got this!!!KEY MOMENTS IN THE VIDEO:00:00 Do This Before Starting Your New Business 00:35 The #1 Thing to Do Before Starting Your New Business01:02 Your Competition03:00 The Legal Requirements03:47 Money to Start & Keep!04:29 Getting Paid05:00 Marketing Your New Business06:07 Hiring People06:43 The Type of Business Plan You Need07:33 Learn Your Business Numbers08:50 Job vs a Business“`**Don’t Forget to Get Your Free Start-Up Guide: https://bit.ly/BusinessStartUpGuideCOURSES*** Start a Local Small Business – http://StartASmallBusinessCourse.com*** Understanding Your Business Numbers – http://KnowYourBusinessNumbersCourse.com —————————– Want more? Here are some other videos to help…  Pricing Your Products Correctly – https://youtu.be/AQ_mUb1E9MQ  Pricing Your Services Correctly – https://youtu.be/doAKxyRa4pM How to Read a Profit & Loss Statement – https://youtu.be/jFgqMVmXbx4 —————————– Ready to Just Dive in Deeper & Learn More About Your Numbers? Check Out the AFFORDABLE – Know Your Business Numbers Coursehttp://KnowYourBusinessNumbersCourse.com —————————– Want to Help Support the Channel? Check Out the Badass Business Owner Tip Jar – https://bit.ly/BABOtipjar—————————– PLAYLISTS TO CHECK OUT: PLAYLIST: Learn How to Read Your Profit & Loss Income Statement: https://www.youtube.com/playlist?list=PLkSR9dYanvV1YssoiyqLBUlgxYy2hYADj PLAYLIST: Pricing Your Products & Services https://www.youtube.com/watch?v=X89AFodPA3U&list=PLkSR9dYanvV0yWIzfFldB1sGx7Dfmn3Do3 PLAYLIST: Learning Your Business Numbers Better: https://www.youtube.com/playlist?list=PLkSR9dYanvV1tPjNcLppOPDDBn6i4Sdzw —————————– BABO Learning: TIPS for RUNNING A PROFITABLE SMALL BUSINESSWEBSITE: http://babolearning.com—————————– FREE GUIDES / TOOLS FREE eGuide: 8 Steps to Earning $100,000 in Income in your small business – http://bit.ly/8Steps100k  FREE eGuide: How to Read a Profit & Loss Statement – https://bit.ly/ReadPL  FREE Start Up Guide for Starting a Business – https://bit.ly/BusinessStartUpGuide  Free Business Health Check: https://localsmallbusinesscoach.com/businesshealthcheck Free eBook: 10 Questions to Ask in Your Business https://bit.ly/10QuestionsBiz—————————– COURSES to HELP YOU Understanding Your Business Numbers – http://KnowYourBusinessNumbersCourse.com  Start a Local Small Business – http://StartASmallBusinessCourse.com—————————– ** Want to Help Support the Channel? The Badass Business Owner Tip Jar – https://bit.ly/BABOtipjar** Don’t forget to get your Badass Business Owner Merch – https://badass-business-owners.myspreadshop.com** DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better** DISCLAIMER: I am not an attorney, CPA, bookkeeper, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed. I’m sharing my experiences with my businesses and those I have worked for and/or helped coach. —————————- Local Small Business Owners are the Backbone of All of Our Communities! The Badass Business Owner YouTube Channel is for Small Business Owners who are tired of living job to job but want to grow their business income & their personal income. In each video, we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams. Learn more about pricing correctly, your business numbers & your profit and loss income statement#BABOLearning #KnowYourBusinessNumbers #BadassBusinessOwner

Categories
Entrepreneurship

Raise Profits in your Small Business with Better Pricing [Video]

Raise Profits. That’s an important part of starting a business.To do that you’ve got to understand the things that influence your profits and know how best to leverage them. Your goal isn’t to raise profits just because you can. But as a well to build your business, shift and evolve and for some to even leave behind that legacy. There are only 4 things that influence profit. Do you know what they are? Are you fully leveraging them? Most businesses are not leveraging pricing enough in their business. Most often becuase they’re so focused on the other levers. But here’s the kicker, price is the most impactful profit lever. Meaning if you want to raise profits, price is often the MOST EFFECTIVE way to do it. But you have to know how. In this episode I share more about the four levers and take a look at the things that influence your and how that relates to what your doing with pricing.Ready to find out more? Book a call with me and let’s talk about how to improve your profitability. https://janeneliston.com/discoverycall#thepricinglady#smallbusinesses#entrepreneurs