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Pricing for Profit

Feb
28
2023
Tue 6:00 PM to 8:00 PM
Topic: Business Basics
PLEASE NOTE: The Greenhouse is going HYBRID for this workshop session! You are registering to attend IN-PERSON at The Greenhouse office.

If you would like to attend the live session VIRTUALLY, please REGISTER HERE instead.


To Price for Profit, you need to know what the market will pay for your product and what your competitors are charging. You also need to know your variable and fixed costs. You can establish a reasonable price structure that will optimize your profits after you review all of these factors. In this workshop, we will help you understand your costs of doing business and learn how Gross Profit, Margin, and Markup help you make your pricing decisions. Then you will be better positioned to set the RIGHT PRICE for your product or service. To Price for Profit, you need to know what the market will pay for your product and what your competitors are charging. You also need to know your variable and fixed costs. You can establish a reasonable price structure that will optimize your profits after you review all of these factors. In this workshop, we will help you understand your costs of doing business and learn how Gross Profit, Margin, and Markup help you make your pricing decisions. Then you will be better positioned to set the RIGHT PRICE for your product or service.

This is a required workshop for certification as a City of St. Petersburg Small Business Enterprise (SBE) in the "goods and services" category. All are welcome to attend.


Entrepreneurs! It’s time for new beginnings; and we see you as your grit and perseverance has sustained your business – and in some cases, you’ve grown and thrived. Businesses who gain traction amid staffing challenges, supply chain interruptions, and a changing economy will be those who have the know-how to INNOVATE!

Join us in February for hybrid presentations to learn more strategies, techniques, and tools for moving your business forward with the ability to pursue new opportunities and navigate uncertainties with nimbleness and INNOVATION.

This month we present at The Greenhouse (and virtually) topics that include business ideation; lean canvas and innovation; pricing and cost forecasting; pitch development; digital innovation; and creative brand building strategies to support your biggest business dreams – no matter your budget.

On February 14th the Synapse Summit will elevate Florida’s profile as a global innovation leader by connecting people so they can inspire, energize, and impact the world. As a collaborative member of St. Pete and Tampa Bay’s Entrepreneurial Ecosystem, the Greenhouse invites you to check out all that this year’s summit has to offer at synapsefl.com

Speaker(s): Mats Bengston, SCORE

Co-Sponsor(s):


Fee: No Cost

Phone: (727) 893-7146

Location

The Greenhouse
440 2nd Avenue North St. Petersburg, Florida 33701

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  • 727.893.7146
  • Fax 727.551.3360
  • 440 Second Ave. N
  • St. Pete, FL 33701