The goal of business is to make a profit. Many small businesses fail at this because they don’t know how to price their products or services, but pricing is the critical element to achieving a profit, a factor that all firms can control. If you’re a startup or are revisiting your pricing strategy, here are some suggestions from industry experts and small business owners to help you get the price right.
Karen Erdelac
Recent Posts
Pricing Your Services
Topics: Funding Your Business
Most small-business owners need a bank loan at one time or another, and applying for one involves much more than filling out paperwork and saying a prayer. While a bank loan might be a good option, if you have trouble qualifying, Quikstone Capital Solutions can help with the cash you need.
Topics: Funding Your Business
Office Space Grows During Second Quarter of 2013
Many small businesses may be benefiting from a number of positive market conditions in recent months, and this could be manifested in office sector growth this year.
Overall office space demand rose during the second quarter, as there was more than 15 million square feet of space absorbed, according to a report from Cassidy Turley. This was markedly improved from the first quarter's level, which reached 5 million square feet.
Topics: Growing Your Business
Small Business Optimism Remains High
More small and medium-sized businesses are feeling better about business prospects, research has found, and the sentiment is much improved from a year ago.
Close to two-thirds of small businesses have leaders that are confident in the progress their company made in the past year, a report from SunTrust Banks. This was significantly higher than one year ago, when less than 40 percent of executives at these companies felt their business was doing well. A similar measurement showed that 62 percent of those business leaders polled noted that the company's financial wellness was improved from one year earlier.
Topics: Growing Your Business
Employees at Quikstone Capital Solutions and Sterling Payment Technologies have had a busy spring supporting Tampa Bay area charitable causes.
In April, Sterling sponsored a team to participate in Paint Your Heart Out, Tampa. Paint Your Heart Out is a volunteer-driven non-profit program that helps improve Tampa neighborhoods for low-income, elderly residents. Sterling's team consisted of 16 employees that volunteered their time and painting skills to spruce up a neighborhood home and carport.
Topics: Growing Your Business
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