As consumers, we expect to see prices increase over time in line with inflation, but as business owners, we frequently hesitate to put our own prices up as and when we should.
But price increases aren’t optional; they’re a business-critical imperative that you simply can’t afford to ignore. The costs associated with the service or product you sell – staff, materials and all your other overheads are constantly increasing.
So do you implement regular price increases in your business to protect your margins?
It’s an area many business owners feel uncomfortable about, preferring to leave prices where they are, rather than – as they see it – risk disturbing client relationships. “I can’t increase prices because I may lose a client – perhaps even ALL of them” is often the fear that limits action.
At our upcoming workshop ‘How to Successfully Manage a Price Increase’, multiple award-winning business coach and sales and marketing expert Ellis Bardsley will explain why all businesses need to have a price increase strategy in place, and why every business owner needs to understand how to manage the process.
Come along to hear Ellis explain why it is that business owners frequently find themselves struggling with the concept of putting up their prices, and listen to his simple, easy to follow process that will enable you to prepare and implement the price increase your business needs.
What Will You Learn?
By the end of this workshop you will:
- Understand why price Increases are essential – not optional!
- Have an awareness of the mindset around raising prices, and what makes many business owners hesitate
- Be familiar with tools to help you assess a price increase from the perspective of your business needs, your marketplace, and your clients
- Realise that your most successful clients and suppliers have managing price increases under control, and their success is a reflection of this
- Know how to plan, implement and communicate a price increase in your business
Who Is It For?
Our workshop is for any small business owner. It will be jargon-free, interactive and fully accessible whatever your level of business experience.
About Ellis
Before becoming a Business Coach, Ellis Bardsley spent over 25 years successfully running businesses and managing brands serving the independent, small and medium business owner. As well as being one of the leading ActionCOACH franchise owners in the UK, Ellis runs and owns several independent businesses. He ‘does what he teaches’ and says: “Every successful business owner has mastered the Blue Print for Success. Beginning with learning how to believe in and get the best out of themselves, their team and their business!”
All our workshops are fun, friendly and welcoming, with plenty of time to ask questions and network with other business owners. Ellis will explain how to integrate the Blue Print for Success into your business, demonstrating how Price Increases that reflect the true value of your business are essential and easily manageable.
Book Your Place Now
How to Successfully Manage a Price Increase
Thursday, 22nd November 2018, 930am-1pm,
Howberry Park, Wallingford
To book a place, visit
http://www.inca-accountants.co.uk/workshops/successfully-manage-price-increase/
Book early! Our workshops are always very popular, and places are limited.
If you need any further information, call us on 01235 868888 or email us at [email protected]!
