“You can look at pricing, increasing your pricing to make more money”
♫
Said on Business Essentials
Jacqueline Snyder · Young and Profiting (YAP) with Hala Taha: Entrepreneurship and Self-Improvement Podcast · Jacqueline Snyder: Stop Chasing Sales! How to Build a More Profitable Product Business | Entrepreneurship | E424
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recommend increasing the price of a bestseller by about 15%
15%
“You can look at pricing, increasing your pricing to make more money”
“I assumed revenue would continue growing at a rate of about 15%… margins to expand from 20.6% to 21%… EV to EBITDA multiple about 15 times… base case price of about $215”
“Download our price increase letter template. It comes straight from our workshop, Accounting Practice Academy, and has been used by countless owners to increase their profitability without losing clients.”
“There's really good tools in the accounting world where you can, you know, automate price increases year after year. Like I really like anchor.”
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