Costing and Pricing Workshop

Attendance at this workshop will equip participants to:

• Know what overheads are, why they are important and how to factor them into their product or service costings

• Know how to calculate the profit margins delivered by their

  • overall business

  • individual products / services

• Know how to calculate their break even position

• What factors to consider when setting prices

• How to calculate prices for new products or services they are introducing

• How to improve margins

• Importance of reviewing prices on a regular basis and how to do this

• Not to be afraid to test the market price level and how to do this