Do you know how to price your services – the right way? Are you tired of overworking yourself just to end up short at the end of the month?  I’m sharing my fool proof pricing strategy for service based entrepreneurs.  This pricing formula will help you create a system that actually works for your business, which means you’ll be able to cover all of your expenses, not overwork yourself and start making a profit at the end of each month.

Here’s the truth – most small business owners severely undercharge for their services.  There a few reasons for this fact – maybe you’re new and you feel as if your expertise doesn’t deserve a higher price (which you’re wrong).  Perhaps you are under the mindset that if you have the lowest prices around then you will be swamped with clients and make a ton of money.  Again, you’re wrong.

With both of these thought process you might be fully covered with client work, but those clients may not be the best fit for you.  These low-end clients may be taking advantage of you, draining you and taking up more time then their agreed-upon price calls for.  That means you’re not making any money after you consider your time and your overhead.

You need to set yourself apart from the low end and charge what the market is willing to pay.  Now, I am not a believer in charging what you’re worth because you are worth so much.  You have to make sure the amount you’re charging is what your clients are willing to pay.  That’s why in my video I teach you how to research the perfect pricing for your business to ensure clients will be happy to pay for the value you’re adding.

You can watch the video with my pricing formula online or down below:

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Hopefully these tips will teach you how to price your services so you can start to grow your business and start making the money you deserve.

Don’t forget to grab our Bookkeeping Checklist that’s mentioned in the video.  This guide will help you know what tasks to do and how often you should be completing them.  That way you can trust the numbers you have in your bookkeeping system to give you the right data about your pricing.  If you don’t have confidence in your numbers then you will never be able to make the full profit you deserve.